Let’s be clear. Losses are not sustainable for any company. Amazon founded in 1994 made its first profit in Q4 2001. For years the eCommerce giant made losses. In fact Bezos famously stood up at an analysts meeting to announce Amazon had made a profit but then said I...
For the average entrepreneur making a loss means cash is getting lower. The business is hemorrhaging. Blood is leaving the patient. In the start-up world it’s called the runway. How much runway have I got? Perhaps your personal savings are being used to fund those...
It’s really quite logical that an acquirer would want to buy a company with a reliable, long term stream of revenue and profits. Let’s look at it from a buyer’s perspective. Why would you buy an IT consultancy business with a few big orders per year, reliant on one...