COLUMBUS, Ohio, Aug. 17, 2016 /PRNewswire/ -- Inc. Magazine released its 2016 Inc. 5000 list today on Inc.com. Of the top 500 fastest-growing privately held companies in the country recognized, nine are headquartered in Ohio, including Columbus-based, Idea Buyer, LLC.
As one of the most prestigious awards in business, the Inc. 5000 is known to have the cream of the crop apply for this award and it was evident as they called this year's list one of the most competitive. The average percentage of three-year revenue growth for the Inc. 5000 list was 433%. More than quadrupling the average at 1,192.2%, Idea Buyer's growth was noted in its placement at No. 197.
Idea Buyer President & CEO, Eric Corl, attributes some of their success to the state being small-business friendly:
"In addition to Ohio, specifically Columbus, boasting a supportive entrepreneurial community, the individuals that make up our company are the real reason that we have grown so drastically," says Corl. "Some of these people have been on board since the beginning, over ten years, and without them we wouldn't be where we are today."
The 35th annual Inc. 5000 list only included privately-owned, independent, for profit, U.S based companies with a minimum 2012 annual revenue of $100,000 and a minimum 2015 annual revenue of $2 million.
"Our company is unique in the sense that we are growing organically," says Idea Buyer Partner, Colin Egbert. "With no debt, our focus is solely on growth and that's rare, especially on a list like this."
Along with the other companies recognized on the Inc. 500 list, Idea Buyer's ranking will be published in the September issue of Inc. Magazine. The Inc. 5000 conference and awards ceremony will be October 18-20 in San Antonio, Texas.
More about Idea Buyer, LLC:
Idea Buyer, LLC is a new product development company that focuses on bringing new products to consumer markets. Idea Buyer President & CEO, Eric Corl, founded the company in 2007 while attending The Ohio State University. While Corl originally started Idea Buyer as an online marketplace for intellectual property, the company has found significant growth through partnering with select entrepreneurs and providing assistance in bringing their products to a targeted market.
Idea Buyer, LLC has grown to over 30 employees and are currently looking to add to their team. In addition to the Dublin, Ohio main office, the company hosts other offices in San Diego, California and Las Vegas, Nevada.
Idea Buyer, LLC
4140 Tuller Rd. Suite 101
Dublin, Ohio 43017
Ph: (614) 425-0156
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SOURCE Idea Buyer LLC