Entrepreneur magazine ranks Stonewall Marketing as 340th fastest growing business in America
MARIETTA, OH (July 30, 2007) – The August issue of Entrepreneur magazine ranks Stonewall Marketing, a full-service marketing firm based in Marietta, Ohio, as 340th fastest growing entrepreneur business in the country.
Themagazine uncovered the Hot 500 entrepreneurial businesses for 2007, which generated a massive $12.6 billion in 2006 revenue. This year marks Entrepreneur magazine’s 13th consecutive year of revealing the nation’s Hot 500 fastest-growing companies and the entrepreneurs behind them.“When we opened our doors six years ago in a two-room loft on Front Street, our goal was never to get big but rather to have fun, create exceptional work, be true to ourselves and exceed the expectations of our clients,” said Tom Crooks, president for Stonewall Marketing. “I guess this recognition goes to show that hard work, persistence and the diligent pursuit of a dream are still very much worthwhile in America.”
“We began with three people and a dream, which has grown beyond our wildest imagination,” said Leslie Fasching, vice president for Stonewall Marketing. “Our clients are amazing. They are the best and brightest throughout Ohio, West Virginia, Virginia and D.C. and every bit of credit for this ranking is also due to them for their partnerships and visionary minds. This recognition would also never have been possible without the hard work, dedication and talent of our staff. We are blessed to have some of the most talented marketing and creative professionals in the country.”
Entrepreneur compiled the Hot 500 from a database of over 19 million U.S. businesses with the help of the Corporate Research Board, a leading provider of economic and business data, research and information. Criteria for each company included factors such as a minimum level of sales growth, positive job growth from 2002 to 2006, and company sales for 2006 exceeding $1 million. In addition, the founder(s) must be actively involved in the company. Only 95,000 businesses--or 0.5 percent of the 19 million businesses--met the criteria.
The magazine reports that by their second year in business, 61% of the Hot 500 companies had turned a profit and 56% had earned their first million. As a whole, they’re expected to employ 58,776 individuals by 2008, growing from 2,807 on their first day of business. Savings and personal funds, friends and family, bank loans, lines of credit and private investors were the most common sources of funding for these growing companies.
“For decades, we’ve recognized that entrepreneurs fuel the U.S. economy as the primary generators of new jobs,” says Rieva Lesonsky, senior VP and editorial director of Entrepreneur. “The Hot 500 is our annual ranking of the fastest-growing entrepreneurial businesses. We’re proud to salute America’s leading entrepreneurial companies, which contribute so much to the nation’s and the world’s economy.”
Today, Stonewall Marketing employs thirteen full time and four part time professionals and provides marketing, advertising and public relations services to clients in the fields of consumer retail, travel & tourism, healthcare, financial/banking, grocery, and the building/remodeling industry.
To see the entire list of Hot 500 companies, learn more about the ranking, and view details about each company, visit www.entrepreneur.com/magazine/hot500 . To see Stonewall Marketing’s individual Hot 500 listing visit www.entrepreneur.com/Hot500/Details/340.html .
Entrepreneur Media Inc. is the premier content provider for and about entrepreneurs. The company’s products engage and inspire every day people with the advice, solutions and resources that fuel the bold and independent way entrepreneurs think. After 30 years, the magazine remains the original source for the small and midsize business community. Entrepreneur.com is the most widely used website by entrepreneurs and emerging businesses worldwide.
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