Company Ranks 40TH on 2011 PROFIT 200 List
ST. ALBERT, AB, June 1, 2011 /CNW/ - The 23rd annual PROFIT 200 ranking of "Canada's Fastest-Growing Companies"
features a number of organizations that have skyrocketed to national
prominence, including the Fast Track Group of St. Albert, Alberta which
was ranked 40th in this prestigious list.
Ranking Canada's Fastest-Growing Companies by five-year revenue growth,
the PROFIT 200 profiles the country's most successful growth companies.
Published in the Summer Issue of PROFIT and online at PROFITguide.com, the PROFIT 200 is Canada's largest annual celebration of
"The PROFIT 200 companies are the innovative, high-growth enterprises
Canada needs to compete on the global stage," says Ian Portsmouth,
Editor-in-Chief of PROFIT Magazine. "PROFIT is proud to celebrate their
achievements and ambitions, and we encourage all businesspeople to
learn more about the many ways they've come so far, so fast."
The Fast Track Group, which was founded by financial educator Darren
Weeks in 2001, is not a newcomer to this prestigious list. They were
slotted in 67th place on the 2010 list. The company has grown by an astounding 1,282%
over the past five years alone. This quadruple-digit growth rate has
the Fast Track Group firmly planted amongst Canada's business elite.
"There are over two million business enterprises across this country, so
to make it on the PROFIT 200 list is obviously something we're very
proud of. For ten years now, our company has been changing the way
people view their finances, and ultimately the way they view
themselves. Our mission is to increase the financial literacy of every
Canadian household. We've still got a lot of work to do. We're here to
stay," says Darren Weeks, Founder of the Fast Track Group.
The company has expanded from a single office in St. Albert to 14
offices across western Canada and are eyeing expansion into eastern
Canada in the near future. In addition to the free financial education
seminars the company puts on, they also offer an array of private
investment opportunities through their Fast Track Capital division,
which opened in 2008.
"We preach to Canadians that there are better ways to invest their money
than using the mutual funds and GIC's that the banks offer. It was a
natural progression for us to be able to offer our customers an arena
to do just that," says James Sand, Chief Executive Officer of the Fast
Fast Track Capital offers TFSA and RRSP-eligible private investments
that are not tied to the public markets, in areas such as multi-family
real estate, the energy sector and the cruise industry. For their
latest investment opportunity, they teamed up with Royal Caribbean in
the development of an 111,500 square foot commercial centre at the
newly-opened Port of Falmouth in Jamaica.
Fast Track Capital gained notoriety shortly before the 2010 Olympic
Games in Vancouver, when they committed over one million dollars to
become the official sponsor of Canada's Luge Team.
The group of companies also includes a Tax Strategy division which
educates clientele on how they can reduce their tax burden, and most
recently, a Real Estate brokerage that is being headed by real estate
expert and author, Ken Beaton.
"Our Tax Strategy division has been a huge success and Fast Track Real
Estate is a phenomenal addition. Expanding the services we offer our
clients is really what allowed us to gain traction in this growth
journey. However, at the end of the day, none of this would be possible
without the tireless efforts of our staff and partners. Their
commitment to building relationships with our clients is what will
continue to put us a cut above the rest," says James Sand, Chief
Executive Officer of the Fast Track Group.
About the Fast Track Group
The Fast Track Group is the umbrella group of Fast Track to Cash Flow,
Fast Track Capital and Fast Track Tax Strategy. These divisions are
united in the mission of helping Canadians build financial literacy,
increase their financial well-being and move forward on the fast track
to financial freedom. As Canada's number one financial education group,
Fast Track Group affiliated companies give you the knowledge and the
confidence to change your life for the better, and the connections you
need to build wealth and realize your dreams For additional information
about the Fast Track Group, please visit the company website at www.fasttracktocashflow.com
About PROFIT Magazine
"PROFIT, Your Guide to Business Success" is Canada's preeminent
publication dedicated to the management issues and opportunities facing
small and mid-sized businesses. For 29 years, Canadian entrepreneurs
and senior managers across a vast array of economic sectors have
remained loyal to PROFIT because it's a timely and reliable source of
actionable information that helps them achieve business success and get
the recognition they deserve for generating positive economic and
social change. Visit PROFIT online at PROFITguide.com
SOURCE Fast Track Group
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