Inc. Magazine has named Cassaday & Company, Inc. to its “2020 Inc. 5000: America’s Fastest-Growing Private Companies” list. This annual ranking highlights the fastest- growing privately held companies in the United States.This is the 9th time that Cassaday & Company, Inc. has earned a place on this list – an achievement that just one percent of companies can claim.
According to James Ledbetter, Editor in Chief of Inc. Media, companies that made the 2020 list have grown, on average, sixfold since 2016. “During a stretch when the economy grew around 15 percent, that’s a result most businesses can only dream of,” Ledbetter said in a letter to Inc. 5000 recipients.
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.
An Important Note About Our Growth
While our growth is exciting because it means we get to help more people reach their goals, maintaining a boutique-style of personal service for our clients will always be a top priority. Investments in personnel, infrastructure, training, and technology – and the passion and dedication of our staff – have allowed us to scale without losing touch with those we serve.
We are grateful for our clients who continue to put their trust in us. Serving them is an honor and a privilege that we do not take lightly.
Cassaday & Company, Inc. first appeared on the Inc. 5000 fastest-growing companies list in 2007. The firm appeared on the 2008, 2009, 2010, 2014, 2015, 2016, and 2019 rankings as well.
The Inc. 500 list of fastest-growing companies was first introduced in 1982. The list expanded to 5000 in 2007.
How the 2020 Inc. 5000 Companies Were Selected
According to Inc. Magazine’s website: Companies on the 2020 Inc. 5000 are ranked according to percentage revenue growth from 2016 to 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They must be U.S.- based, privately held, for-profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2019. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million.
Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places.
To view the full Inc. 5000 list, please visit Inc.com.