Your business company and your business plan should be focused on making the most money while expending the least amount of time, effort, and money as possible while still being effective. If you look at any top 10 list of business companies in the USA, you will notice that all of them are extremely good at doing this. Let’s see how they do it. We can learn from their success by learning how they become successful in the first place.
The number one business company in America is, by far, Google. The Internet search engine made a name for itself as it revolutionized how we use technology to access information online.
Despite some challenges (like data-privacy issues and antitrust claims), Google remains one of the most successful businesses in America.
In fact, it’s so big that other companies have started using Googling as a verb. Simply put: If you want to succeed, you need to know about Googling.
In addition to its many innovations (such as AdWords and YouTube), Google still provides users with one of the most important features on every smartphone
No company has had a more positive impact on technology. With Steve Jobs at its helm, Apple became synonymous with innovative and smart design, which helped to increase demand for Apple products and paved the way for other PC makers to follow suit.
The Cupertino, California-based company has also been incredibly successful at marketing its brand, becoming one of America’s most recognized corporations.
This recognition is backed by financial According to Forbes magazine, Apple is currently worth an estimated $200 billion; it was also ranked second on Fortune’s 100 Best Companies To Work For list in 2011.
Walmart is, by far, one of America’s most popular and biggest companies. In 2014 alone, they posted over $485 billion dollars in revenue.
Walmart was founded in 1962 as a single store located in Arkansas; since then it has grown to become a chain with 11,000 locations worldwide.
It’s currently ranked on Forbes’s Largest Public Companies list and on Fortune’s Top 20 Most Respected Companies list. Walmart’s success can be attributed to its emphasis on customer service and fair prices.
The company spends over $9 billion dollars per year on training programs for employees and even maintains its own executive university.
4. General Motors
General Motors is an international manufacturer of cars, trucks, and automobile parts. In 2015, GM sold more than 9 million vehicles worldwide under its various brands. The company’s subsidiaries include well-known brands such as Chevrolet, Cadillac, Buick, and GMC.
GM also owns a controlling interest in European automaker Opel/Vauxhall and sells a variety of products through its wholly-owned subsidiary OnStar, including roadside assistance for car owners, emergency response service for disabled or stranded vehicles, and stolen vehicle tracking.
5. Ford Motor Company
Located in Dearborn, Michigan, Ford is one of two American car companies to survive a global recession. The company’s 2009 performance was marred by safety recalls and a declining stock price.
Despite its troubles, Ford remains a leader in market share, vehicle innovation, and community involvement. In 2010 alone, it donated $96 million worth of goods and services to social causes. Many views its Model introduced over 100 years ago as one of history’s most iconic cars.
6. Berkshire Hathaway
As an investment company, Berkshire Hathaway is focused on identifying strong companies and buying their stocks for long-term growth.
With a $63 billion portfolio of businesses, it’s no wonder Berkshire Hathaway is one of America’s most admired companies. The firm was started by legendary investor Warren Buffett back in 1962 and has seen steady growth since its creation, adding $1 trillion to its value over just 13 years.
7. JPMorgan Chase & Co
JPMorgan Chase & Co. is a multinational investment bank and financial services company headquartered in New York City.
It is one of America’s Big Four banks, along with Bank of America, Citigroup, and Wells Fargo. JPMorgan Chase operates over 5,000 bank branches and 4,700 ATMs across 11 countries outside of North America.
It has more than 325,000 employees worldwide.
8. Exxon Mobil Corporation
Exxon Mobil Corporation is an American multinational oil and gas corporation headquartered in Irving, Texas.
As of December 31, 2016, it ranked tenth on the Fortune 500 rankings of the largest United States corporations by total revenue. It is a direct descendant of John D. Rockefeller’s Standard Oil company through its original merger with Mobil Oil.
ExxonMobil’s upstream operations manufacture and sell petroleum products while its downstream operations manufacture and sell natural gas and electricity.
9. UnitedHealth Group
UnitedHealth Group is a massive healthcare company based out of Minnesota, with hundreds of billions of dollars at its disposal. As such, it’s no surprise that UnitedHealth Group is considered one of America’s most valuable companies and was ranked number one on Fortune’s list of Most Admired Healthcare Companies for 2016.
The company offers many different types of health insurance plans through UnitedHealthcare and its subsidiaries, covering everything from regular checkups to specialists and hospitals. It also offers Medicare plans to cover people over 65.
UnitedHealth Group is privately owned but available to anyone looking for a good health plan, not just Americans living in select areas like some providers are.
10. AT&T Inc
At&T Inc. offers communication services through wireless, TV, and internet solutions. AT&T Inc. was founded by Alexander Graham Bell in 1875, originally to develop telephone services. Today, AT&T is headquartered at Whitacre Tower in Downtown Dallas and employs more than 325,000 people worldwide.
Their competitive advantage is that they offer several different types of communication services through their subsidiaries including cellular phone service, local and long-distance telephone service, wireless mobile phone service, satellite television service as well as broadband internet access through DSL or high-speed cable modems.