3 ms·
> What kind of businesses run on very tight margins, that even some increase in the IT bill can cause them to fail ? Well, Startups! That's sort of common for
by joekrill 8y ago
> What kind of businesses run on very tight margins, that even some increase in the IT bill can cause them to fail ?
Well, Startups! That's sort of common for startups, isn't it? I realize the term is basically being used to describe almost all "small businesses" these days, but I think it's fairly common for startups to have very short runway. That would (ideally) get longer as the startup matures. But I don't think it's uncommon at all.