INC 500
In October 2003, WALLACE Ranked #261 on INC 500’s List of Americas Fastest Growing Private Companies. This achievement came as a result of over 5 years of recorded profitable growth. Here is an excerpt from the INC 500 Article.
"Talk about a niche business. Ray Wallace's company revolves around helping companies in Georgia take advantage of the State's retraining tax credit, which allows businesses to reduce their state income tax liability by as much as 50% if they provide training for their employees. Cornering a Market: The four big CPA firms don't pose any competition, Wallace says, because none has duplicated his company's unusual field of expertise. Thinking Big: WALLACE is now looking outside Georgia to other states with similar tax credits and Training Grants."
US Chamber of Commerce - Small Business of the Year / Blue Ribbon Winner
February 22, 2008
Georgia Business Wins U.S. Chamber of Commerce Award
WALLACE - The Training Cost Recovery Company is a Blue Ribbon Small Business
WASHINGTON, DC-WALLACE - The Training Tax Credit Company in Alpharetta, Georgia has been honored today with a U.S. Chamber of Commerce Blue Ribbon Small Business Award. The award was given in recognition of the company's dedication to excellence in several categories.
"Winners of the Blue Ribbon Small Business Award represent the country's finest small business success stories," said Tom Donohue, Chamber president and CEO. "Small businesses are the backbone of America's economy, representing more than 99% of all employers, creating three-fourths of all new jobs, and accounting for more than one-half of the nation's gross domestic product."
The Blue Ribbon Small Business Award, sponsored by Sam's Club, was designed to honor businesses that excel in a variety of selection criteria, including financial performance and business history, staff training and motivation, community involvement, customer service, and business planning.
Winners of the award from around the country will be honored at America's Small Business Summit 2008 April 16 - 18, in Washington, D.C. The award is part of the Chamber's Small Business of the Year selection process. One Blue Ribbon Small Business will be selected from each of seven regions as a finalist for the U.S. Chamber Small Business of the Year Award. The finalists will be announced on March 7.
"The Blue Ribbon Small Business award allows us to honor the tireless efforts of America's small businesses," said Donohue. "WALLACE - The Training Cost Recovery Company proves that a business can make a significant difference in its community."
The U.S. Chamber is the world's largest business federation representing more than
3 million businesses and organizations of every size, sector, and region.
