Simpson Ranks #18 on BBJ's Fasttrack 30 List
The Birmingham Business Journal has named its FastTrack 30 List of the fastest-growing companies in metro Birmingham and Simpson is honored to be included. Coming in at #18 Simpson boasted 45% growth from 2014 to 2015. Read what CEO Richard Riley had to say about the company’s success below.
In 10 words or less, why is your company one of the fastest- growing businesses in Birmingham?
Simpson employs the most technically proficient people in our industry.
What are the key factors you consider when assessing growth opportunities?
The character of our client and how quickly they pay their bill.
How do you make sure you are pursuing the right type of growth?
I try to keep our growth true to our core business. We are experts at plaster, stucco. Fireproofing, and waterproofing. When we stick to those items we make our clients and bottom line happy. Anyone who claims to be an expert in everything is a salesman.
What is your long-term strategy for growth?
Carefully expand our footprint geographically and hire the best people available.
What could metro Birmingham improve on when it comes to supporting companies like yours?
Reduce the cost of doing business in Birmingham.
What is a lesson about business growth you’ve learned the hard way?
Be true to your core business but always be tweaking the model, getting ready for market shifts and economic changes.
What keeps you up at night?
Getting too much work, not having enough work, wondering how much future work is bidding, hoping we will get paid on work completed.
BBJ subscribers can view the full list of Birmingham’s fastest growing companies here.