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On the other hand, many if not most businesses run just fine getting only 20-40% profit. Some business even run on being able to get only 2-5% profit for each i
by joesb 14y ago
On the other hand, many if not most businesses run just fine getting only 20-40% profit. Some business even run on being able to get only 2-5% profit for each investment, but re-invest tens of times per month. Why must software project have 500% profit before it makes sense to kick-off.
- rayiner 14y agoSoftware projects need more than a 10% margin for the same reason constructing a skyscraper does. Some types of investments are inherently less predictable than other types.