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article imageInc. 5000 indicates some interesting trends for U.S. business

By James Walker     Oct 20, 2014 in Business
With the prestigious Inc 5000 index of the fastest growing private companies in the U.S. now published for 2014, looking through the list it is easy to see that what businesses are doing best right now although there are some interesting entrants.
Over 2,000 were in attendance as Inc. released the listings earlier this week, putting the creators of an Android tablet for kids, Fuhu, at the top of proceedings with 3 year growth of 158,957 percent and revenue of $195.6 million. Second was Quest Nutrition, developers of enjoyable healthy snacks, with 57,348 percent growth, indicating that the public are enthused by their products.
The list presents some interesting entrants too, though. At 22 is sweetFrog Premium Frozen Yoghurt, a chain of 320 stores where you can make your own yoghurt flavours and then top your creation — a sign of the heavy customisation of products desired by the public of the current times.
At 100th place, with 3,544 percent, three-year growth, is LaunchPoint, a provider of enterprise data services for health organisations. At 500th place, 10 percent through the list, is an IT security firm offering protection against "dynamic emerging threats," Rook Security. Tackling an issue that is very much topical at the moment, it made $4 million in revenue last year.
Perhaps less topical at 2053 is Gotham Cigars, in the list for its fifth year in a row with 196 percent growth in three years. Although often viewed as old-fashioned and a dated way of smoking, cigars would appear to be having something of a resurgence in popularity as other purveyors of premium versions in other countries like Australia's Fine Cigars report similar trends, although the story is not by any means the same in Britain — an indication of how much the Inc. 5000 can tell us about modern life.
At the very bottom of the list in 500th place with 42 percent growth over the past three years is transportation company Mach1 Global Services: again indicative of current trends as more and more items are shipped worldwide. The company has slipped from 4142 last year though and were rated 2982 in 2007.
The list certainly harbours some interesting details then. Although impossible to exhaust, here a few examples of what it represents and demonstrates have been explored — businesses who are either going with the flow of the media or public desires or in some cases challenging it, determined to prove that their products have places in the world. Although it could be all change next year, apparently the most successful commercial venture of the year is something designed specifically for the youngest members of the world: a children's Android tablet.
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