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Is nine months really enough time to make a determination whether a company is viable? It seems a little on the short side, and I recall reading in a number of
by yllus 14y ago
Is nine months really enough time to make a determination whether a company is viable? It seems a little on the short side, and I recall reading in a number of places that you can only truly know how it's going a couple of years in. Is the issue here that resources/finances weren't adequately planned for?
- thibaut_barrere 14y agoDetermining if a company is currently viable is pretty easy maths in most cases. But most likely you could have written it "whether a company could become viable soon"?
- deleted 14y ago[deleted]
- ovi256 14y ago>Determining if a company is currently viable is pretty easy maths in most cases. That sounds very interesting, could you care to elaborate please ?
- thibaut_barrere 14y agoIs that a real question? In this case, income and its recurrence, expenses and their recurrence, current cash reserve and trends give you a pretty good picture to figure out if you can pay the 4 families behind workfu or not. I'm not talking about complicated monster companies with heavy fiscal tactics, more about classic companies where you sell something.
- ovi256 14y agoOh, I see, I was thinking more about a startup project and expecting a thumb rule of viability à la lean startup. Of course income - expenses is easy :)
- thibaut_barrere 14y agoExactly :) It can be applied to B2B startup projects easily too. Well - startups waiting to be acquired and/or do not charge the users is another story :)