SmartCompany50 rank: 19
Revenue: $2 million
Growth: 62%
Founders: Lui Venturini, 38, Cameron Newman, 32
Based: Melbourne
Employees: 30
Industry: Construction
Website: www.vnpower.com.au
In 2003, Lui Venturini and Cameron Newman started VN Power Solutions after observing the shortage of professional trade services. It diversified intoan electrical, air conditioning and plumbing installation company, with a lifetime guarantee and customer service departments backing up each department.
The company, which has 30 staff, had a near-death experience after employing inexperienced and lowly paid workers and expected more than they were capable of delivering without training.
It took the company three years to reach the $1 million milestone and revenue is nearly $2 million, and the company plans to keep expanding in Melbourne. Challenges lie ahead for all companies in the industry as it becomes more environmentally conscious.
<< Previous company / SmartCompany50 list / Next company >>