Canada’s Fastest-Growing Companies 2019 list unveiled
Canadian Business has published its annual list of Canada’s fastest-growing companies, and it’s a Vancouver based furniture company that has taken the top spot. Article, a mid-century modern furniture brand, has grown a whopping 24,000% in the past five years. They operate on a streamlined, direct to consumer model with delivery prices that are hard to beat.
Here’s a quick rundown on the rest of Canada’s fastest-growing companies.
The rest of the top 5 include Levio, a professional consulting company, and SendtoNews, which provides sports highlights for websites. Huh, that’s a pretty fun little business they’ve got going. Oh, wait, their revenue in 2018 was between $20 and $50 million USD? Yowza.
Meanwhile, Shopify, Canada’s shining star, came in at number 33 on the list with just over 2000% growth. Although, their revenue absolutely dwarfed every other company, with over $1 billion USD rolling in during 2018.
So, a word to the wise. If you’re starting something up, don’t think you have to be the most competitive in an existing sector. Instead, pick a niche and dominate folks!
You can read the full report on Canada’s fastest growing businesses here.