Jackrabbit Technologies Named One of the Best Entrepreneurial Companies in America by Entrepreneur Magazine’s Inaugural E360 Performance Index
CHARLOTTE, NC – Jackrabbit Technologies, leading provider of online class management software for children’s activity centers, including gymnastics and cheer gyms, dance studios, child care centers, music schools, swim schools and businesses offering combinations of these activities, has been recognized as one of the Best Entrepreneurial Companies in America by Entrepreneur magazine’s Entrepreneur360™ Performance Index, a premier study delivering the most comprehensive analysis of private companies in America. Based on this study forged by Entrepreneur, Jackrabbit is recognized as a company that exemplifies growth, not just in top and bottom line, but in sustainability and ability to achieve lasting success.
“We’re thrilled to be recognized by Entrepreneur Magazine and to be included in the inaugural E360 Performance Index. ,” said Mark Mahoney, Jackrabbit’s president and cofounder. “It’s an honor to earn recognition in the most comprehensive analysis ever attempted on private companies in America. Entrepreneur Magazine has attempted something never accomplished before – create an analysis focused on really understanding the world of private enterprises.”
Jackrabbit Technologies continues to grow as its online class management software is adopted by more and more clients in the eight global market sectors it serves. Jackrabbit’s local, regional and national recognition for its leadership and innovation is testament to the commitment it has to its clients, employees and partners.
“Those honored have identified a problem, come up with a unique solution, and bravely built their enterprises around it,” says Ryan Shea, president of Entrepreneur Media. “They’ve accomplished new ways of producing sustainable growth and are an inspiration to others who want to fulfill their own entrepreneurial goals.”
Through in-depth surveys, the team of editors and researchers behind the E360 Performance Index collected more than 250 pieces of data from hundreds of participating U.S. based companies, focusing on growth drivers and challenges, goal setting, resource allocations, and reward systems. The analysis uncovered a subset of companies including Jackrabbit Technologies, whose continued success is largely based on superior value creation for their customers, building an adaptive learning culture, and aggressive geographic expansion—making them the most dynamic firms in America today.
According to research conducted by the Business Dynamics Research Consortium (BDRC), less than one percent of U.S. businesses expanded capacity three or more years out of the past five. On average, they grew by 41% over the period whereas all other surviving companies lost an average of 4%. Based on the their analysis of 19.1 million for-profit US businesses, sustained growers 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, have proven adept at navigating the changing challenges of their marketplace to win new business and grow their output capacity year after year,” says Gary Kunkle, senior research fellow at the Business Dynamics Research Consortium and research partner of the E360 Performance Index.
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