EBQ’s Parent Brand NSR Ranks on Inc. 5000 List for 7th Time with 89% Growth

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EBQ’s Parent Brand NSR Ranks on Inc. 5000 List for 7th Time with 89% Growth

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Earlier this week, Inc. magazine revealed that NSR, the family of brands EBQ belongs to, ranked on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. This is the 7th time NSR has ranked on the list.

The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.  

How EBQ & NSR grew during an epidemic

Throughout the year, there were many changes and challenges. Our vision for 2020 was completely different at the start compared to where we are now. However, our family of brands stood strong against the many tidal waves that tested our company, and we got through even better than before thanks to our response and diligence.

#WeAreAtlas

If you saw #WeAreAtlas floating around our social media, then you have seen the mark NSR made during the COVID-19 crisis. The hashtag was created by NSR’s Founder and CEO Tim Edwards to rally our teams and goals, inspiring positivity during such a hard time that is full of changes.

_WeAreAtlas Social Post
The phrase was inspired by the Greek Mythology of Atlas, a man who held up the world on his back. NSR strives to support our customers and our team through trying to create opportunities for both, looking back at Atlas who held up the world without letting it fall or failing his duty as inspiration.

Fighting employee layoffs

CEO Tim Edwards kept our organization intact during the pandemic and managed to fight off employee layoffs during COVID-19 where unemployment reached an unheard of record — 42 million people were without a job.
“I have explained from the beginning that we will fight layoffs. We owe that to our people but we also owe it to our company. We are working to secure our present and our future, to make sure it is a rebound, not a rebuild.” Tim Edwards, CEO of EBQ
NSR created long-term solutions to fight off layoffs, such as:
  • Leadership at all levels made sacrifices like deferring bonuses, sales commissions, and other employee benefits.
  • All companies under the NSR umbrella were consolidated into a single office, so extra space could be subleased.
  • CEO Tim Edwards communicated transparently with his employees, sending daily update emails that outline his thought process, goals, and strategies behind changes that help EBQ avoid layoffs.

How a privately owned company became a nationally ranked company once again is no coincidence. It is important for a company to “rebound” from economic depressions and set the standard for other businesses and their own employees.

Growing at the right time

The COVID-19 crisis has not been easy for most organizations, including us. Each day held something different, and we had to make sure to maintain rigorous communication. Like many companies, NSR froze hiring while waiting for the world to react and rekindle a new plan during the days of lockdown.

EBQ and NSR prioritized our clients, helping them stay strong. Our loyal clients stay with us because they know our diligence. Lastly, NSR started to hire when we found footing again — we began hiring because we were still growing when almost everything was stagnant.

As we get further into 2020, NSR and EBQ have maintained our promises to our clients and team. Now, we are stronger and proud of the progress we have made internally, how it shows to the rest of the world, and that is how we once again made it on the Inc. 5000 list.

“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”

The NSR family of brands is grateful for this achievement and will continue moving forward with that tenacious spirit, seizing every opportunity to help our clients, team members, and company grow.