2 ms·
At my last job we had ~$10,000,000 in ARR, so $360k a year works out to 3% of our gross revenue went to rent. I bet that is a lower number than many businesses
by bearjaws 4y ago
At my last job we had ~$10,000,000 in ARR, so $360k a year works out to 3% of our gross revenue went to rent. I bet that is a lower number than many businesses given we were in a 'cheaper' office park.
This does exclude the expense of expanding / renovating the office, which you typically do every 5-10 years, and costs more because you have to go with their contractors. However the delta is hard to calculate on this specific item.