A Guide To Launching A Fast Growing Business In California
California fast-growing businesses are flourishing, and you can be too! California is the largest state in the US with a population of over 38 million people. This means that there are many fast growing business opportunities available for those who know where to look. Whether you want to start your own fast-growing business or invest in one, this blog will help get you started on the right foot.
Many companies are growing rapidly in California due to the state's large population and growing economy. These fast-growing companies are listed annually in California fastest-growing business list by Forbes magazine, which is a popular publication that provides financial news and commentary on global businesses.
Four of the top five fast-growing businesses were tech firms from Silicon Valley. Some of the fastest growing businesses in California are :
- Electronic Arts: grew by 255% in the past year
- Zynga Inc.: is a fast growing company with an annual revenue of $502 million and has grown 233% since 2008. In 2009, their net income was $82 million
- Facebook: which had about 116 billion pages views per day and is one of the faster growing business in California.
The untold story though is the smaller or midsize companies in California that are growing at record numbers. Businesses like R&D Ventures, a fast growing business in California that has had 120% growth since 2001. Another midsize business growing is fast is Leisure Sports, which has grown by 50% in the last five years by some metrics. Or you can look to Actremediation which has a California location that has been consistently growing becoming one of the larges hazmat cleaners in California.