Lake Management, Inc., (also known as LMI Group), is honored to be recognized as one of the fastest-growing companies in Lake & Geauga Counties by the Fast Track 50.
Companies that make the list are ranked based on a weighted average of 80 percent sales growth and 20 percent employment growth over the previous five-year period. To more fairly compare larger and smaller companies, the Fast Track 50 is divided into Established and Emerging categories.
Established companies reported revenue of at least $2.75 million in 2008, the baseline year for all evaluations. Emerging companies reported 2008 sales between $100,000 and $2.75 million. There are 25 companies on each list.