In Entrepreneur magazine last month they listed the top 500 entrepreneurial businesses in the US. The majority were men (88%) and the average age – 44. Most got their start-up funds from their own savings account.
How were they selected?
- Must have been founded no earlier than 1998 and no later than 2002
- Company sales in 2002 must be $100,000 or greater; 2006 sales must not exceed $1 billion
- Must have positive job growth between 2002 and 2006
- Must have a minimum level of sales growth or a sales growth quantifier of 1 or higher between 2002 and 2006; the
growth quantifier is a measurement that combines percentage and absolute growth.
Only 95,000 businesses-or 0.5 percent of the 19 million businesses-met the above criteria.
Every industry was represented with top businesses listed in the following categories:
Advertising and Marketing
Apparel & Accessories
Equipment Rentals and Sales
Are you interested in applying for the 2008 list? Deadline is fast approaching: October 12 . Here is the application for 2008.
Deborah Chaddockl Brown