Only five states have more of the nation's fastest-growing businesses than Georgia.
The AJC analyzed data from Inc. Magazine and found that Georgia had 232 of the fastest-growing companies in America — putting the state at sixth.
Inc. creates the ranking of 5,000 by having the company provide details including its percentage growth of a annual revenue over a three-year period.
A Roswell-based company ranked at No. 5 in the nationwide list.
Fulton County had the most Georgia businesses listed with 126. Cobb placed second. Next Gwinnett County at 26 companies. And DeKalb placed fourth with 11.
Those four counties make up 86 percrent of the fastest-growing businesses in Georgia.
When added up, the 232 Georgia businesses brought in $10,446,218,876 and employed 56,419 people. For comparison: California — the top money-maker and employer — had its 667 businesses reel in $25,837,744,127 and employ 243,293 people.
To ensure accuracy, the magazine has a revenue verification process that could include audit paperwork or a corporate tax return. In 1982, Inc. introduced the Inc. 500 list of the fastest-growing privately held companies in the United States. In 2007, the list grew to 5,000. The list if featured in the magazine’s September issue.
—Jonathan Cox, web developer with the AJC, contributed to this piece.
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