AUSTIN, Texas (PRWEB) August 14, 2020
Inc. magazine today released its list of the fastest growing private companies in the United States and Service Direct has earned a spot on the prestigious list for the fifth consecutive year. The Inc. 5000 list gives unique insight into the backbone of the American economic engine - independent SMBs. According to Inc., only four percent of honorees achieve this recognition for five consecutive years.
“It’s an honor and a privilege to be recognized for the fifth consecutive year by the Inc. 5000 and ranked among so many incredible businesses,” said Brian Abernethy, Co-Founder and CEO of Service Direct.
“We are proud of the hard work our team has put into building human-enabled, smart technologies that help local service businesses achieve their goals, and we look forward to keeping this amazing growth going.”
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million 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 http://www.inc.com/inc5000. The top 500 companies are also being featured in the September issue of Inc., available on newsstands August 12.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk.
“From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
About Service Direct
Founded in 2006, Service Direct has been the most trusted local lead generation solution for service businesses for over a decade, helping thousands of clients across North America grow by generating high-quality, exclusive leads that turn into new customers.
Combining expertise in hyperlocal advertising with proven lead management technologies, Service Direct offers targeted and customized lead generation with pay per lead pricing that provides a cost-effective, transparent, and low-risk way to get new customers.
Based in Austin, Texas, Service Direct is a Google Premier Partner and has been recognized on the Inc. 5000 list of the fastest-growing private companies in the country for five consecutive years. For more information, visit: http://www.servicedirect.com.
More about Inc. and the Inc. 5000
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit http://www.inc.com.
For more information on the Inc. 5000 Conference, visit http://conference.inc.com/