35th Annual list of America’s fastest-growing private companies honors Fairmont business
FAIRMONT, Minnesota – For the third year in a row, Sweet Financial Services was named to Inc. Magazine’s 35th annual Inc. 5000, a comprehensive ranking of the nation’s fastest-growing private companies. Sweet Financial has steadily moved up the ranks from year to year. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment— its independent small businesses.
“The Sweet Financial team is honored to be included on this esteemed list with America’s fastest-growing companies,” said Bryan Sweet, Sweet Financial Founder and CEO. “We are thrilled to not only be named on the Inc. 5000 list for the third year, but that our ranking has gone up each year we’ve been listed. Our success has been in due part to the clients and businesses we help every day.”
This year’s Inc. 5000 is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 433 percent. The Inc. 5000’s aggregate revenue is $200 billion, and the companies on the list collectively generated 640,000 jobs over the past three years, or about 8 percent of all jobs created in the entire economy during that period.
“The Inc. 5000 list stands out where it really counts,” says Inc. President and Editor-In-Chief Eric Schurenberg. “It honors real achievement by a founder or a team of them. No one makes the Inc. 5000 without building something great – usually from scratch. That’s one of the hardest things to do in business, as every company founder knows. But without it, free enterprise fails.”
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 inc.com/inc5000.
Methodology:The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2015. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2012 is $100,000; the minimum for 2015 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 and at inc.com/inc5000.
Sweet Financial Services is an independent firm. Securities offered through Raymond James Financial Services, Inc. Member FINRA/SIPC.