Every company has to start out somewhere. Depending on a variety of factors, a business can prosper into something larger or it can flop and close down. The magazine, Inc., provides a list each year of the fastest growing companies in the United States of America.
The list contains the rankings of 5000 privately- owned companies in the US. Along with the name of the company, Inc Magazine also offers the percentage of growth that the company has had in the past three years, the revenue that the company has made, the type of industry that the company is, the number of employees that the company has and the location of the company.
For the year of 2012, one company stood out, not because it held the number one spot in the list, but because it had jumped up 194 places on the list from the previous year. The 2012 Inc. 5000 List placed e-Cycle at spot 393. Over the past three years, e-Cycle has had a growth of 959 percent and generated $12.2 million in revenue. With just 69 employees, those numbers are astounding.
e-Cycle is the place to send your old wireless phones –as the company is the top provider of wireless recycling- rather than throwing them in the trash. The process works by the members of e-Cycle taking old phones from businesses and organizations. The phones’ data is then erased so that the numbers, messages, and voicemail are no longer accessible, which is safer for a business because of all the data that can be stored on one phone and it keeps phones out of the landfill.
Since phones are constantly being improved, businesses update the phones that they use often, meaning that e-Cycle will continue to have a steady flow of business as more companies will need their services to keep their data safely destroyed. The next list from Inc magazine will show if this holds true and the company continues to grow.
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Edited by Brooke Neuman