Newspaper article THE JOURNAL RECORD

Accord Cracks Top Five Growing Private Firms

Newspaper article THE JOURNAL RECORD

Accord Cracks Top Five Growing Private Firms

Article excerpt

With accolades from Inc. magazine as its platform, Oklahoma City's Accord Human Resources plans to enhance its national growth campaign.

Accord ranked fifth on the business magazine's list of the fastest-growing private companies in the United States. It was the only Oklahoma City company on the list and one of four Sooner State companies to make the list.

Commercial Financial Services of Tulsa, which restructures and collects loans, was number eight. Started in 1986 by Kathryn and William Bartmann and Jay Jones, CFS charted 1996 revenues of $349 million -- and a net income of $237 million. Accord, a staff leasing firm founded in 1992, has grown from annual sales of $2.5 million to $50 million last year. The number of employees it leases has grown from 225 to 5,000. "This will definitely be beneficial to us and our business," President Dale Hageman said Thursday. "We plan to bang the drum hard to let people know that we've received this honor. "But since that list was made public, we've gotten a lot of phone calls from coast to coast. We even received a call from Maine from someone who had seen the list and was interested in our company." Beyond the one-time recognition that publication of the list brings, Inc. maintains the list on its Web page, providing even more exposure. "That's going to help us a lot," Hageman said, "for companies looking for our services may be inclined to look there and see our name. That gives us more credibility." This is the 16th year the Boston-based magazine has released its Inc. 500, a compilation of the fastest-growing private businesses in the United States. To qualify for the list, companies must have been independent and privately held through 1996, had at least $200,000 in sales during the first year of the five-year period and logged an increase in sales last year. Sales information is verified by tax forms, financial statements from certified public accountants and telephone interviews with company executives. …

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