BioIQ was honored to be recognized as one of the “Best Entrepreneurial Companies in America” by the Entrepreneur360™ Performance Index, a comprehensive analysis of American private companies conducted by Entrepreneur magazine. Based on this study, BioIQ is a company that exemplifies growth—not just in top and bottom line growth, but also in sustainability and the ability to achieve lasting success.
The team of editors and researchers behind the E360 Performance Index studied more than 10,000 U.S. companies, with attention to growth drivers and challenges, goal setting, resource allocations, and reward systems. BioIQ was deemed to be a company that creates superior value for its customers, that has fostered an adaptive learning culture, and that has demonstrated aggressive geographic expansion—ranking it among the most dynamic firms in America today.
According to research conducted by the Business Dynamics Research Consortium, less than one percent of U.S. businesses have expanded capacity three or more years out of the past five. “Sustained growers” such as BioIQ are statistically more likely to survive and continue to grow over the next five years than any other group of businesses in the economy.
“The companies identified in the E360 Index are sustained growers, and based on our research, they have proven adept at navigating the changing challenges of their marketplace to win new business and grow their output capacity year after year,” said Gary Kunkle, senior research fellow at the Business Dynamics Research Consortium, who served as a research partner for the E360 Performance Index.
Click here for additional details on the E360 Performance Index and the companies recognized. You will see BioIQ listed among a prestigious group of “Best Practicers,” which refers to stellar companies that “set high-growth targets and are confident of hitting them.” These companies are also “employee champions” that are highly attuned to staff needs, and are marked by strong cash flow.
“[Best Practicers] are able to time their expansions well, and they keep up with changing customer needs and potentially disruptive technologies,” the article concluded. “These firms report not only sustained but especially rapid growth, and almost no problems in any area of management or performance.”
BioIQ’s inclusion on this exclusive list distinguishes the company for its ability to create lasting success. Congratulations to the entire BioIQ team!