Friday, April 18, 2014 12:55:11 PM
How many companies, when starting out or beginning their expansion make positive income?
I've attended my classes and studied the numbers. Some small home businesses can turn small profits at their beginning, but most I've reviewed took 2-5 years to become cash flow positive. Granted this company has been around for a while, but only very recently has it enacted a plan for expansion and structure. Also only very recently has this sector been allowed activity.
This is a sector filled with tons of variables however, and WHAT companies are allowed to profit on is somewhat limited at this time.
my main question to you is how would your business plan differ if you were heading a public company with intentions to have a large piece of an eventual billion dollar industry?
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