THREE-YEAR GROWTH 224%
2019 REVENUE $28.4 million
CITY Orem
FOUNDED 2015
EMPLOYEES 37
INDUSTRY PEO
WEBSITE ZampHR.com
FOUNDERS Craig Allred, 55; Garth Allred, 57
THE COMPANY A PEO that provides comprehensive HR solutions for small and mid-size businesses.
WHAT A RUN
Now this is a human interest story. Profitable since year one, Zamp HR has upped the PEO game with an experienced team, zero debt, fast growth, real resources and big plans. What’s more, small businesses that work with a PEO like Zamp HR grow 7 to 9 percent faster and are 50 percent less likely to go out of business.
GOALS
1. “Form a strong management team who can make sound business decisions.”
2. “Continued strong sales growth. More sales usually help solve more problems.”
3. “Form a remote company-culture where employees feel wanted and valued.”
ADVICE
“Avoid new opportunities that appear attractive at first but really are only distractions.”
AS LUCK WOULD HAVE IT
Luckiest Moment
“Finding the best legal counsel to fight off a government bureaucrat who — through an overreach of their position — was trying to hurt our company.”
Make Your Own Luck
“Fortunately we haven’t had to roll the dice in Vegas to make payroll like FedEx did in the early days. Every roll of the dice we take is a calculated risk.”
Fortune Cookie Forecast
“A very profitable year awaits.”
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