Faye Business Systems Group Earns a Spot on Inc. Magazine’s Annual List of America’s Fastest-Growing Private Companies
Faye Business Systems Group, one of the largest SugarCRM Global Partners, today announced their appearance on Inc. Magazine’s annual list of America’s Fastest-Growing Private Companies, the Inc. 5000.
Earning a spot on the Inc. 5000 list gets harder every year as it is based on a company’s initial starting point by revenue upon first applying. Of the tens of thousands of companies that have applied to the Inc. 5000 over the years, only a fraction has made the list more than once.
A mere three percent of companies have made the list six times.
Inc. Magazine’s annual Inc. 5000 list is the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“It’s a great badge of honor to have made the Inc. 5000 list for the 6th year in a row,” said David Faye, CEO of Faye Business Systems Group. “Earning another spot on this impressive list of high-achieving organizations continues to be a major source of pride for us. Congratulations to all the winners for 2019.”
Not only have the companies on the 2019 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at https://www.inc.com/inc5000.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
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