No matter how cool a company is, over time its revenues will begin to fall. For various reasons – employees do not follow trends, user needs change, new technologies appear.
A classic example is Kodak. They invested a lot of money in the production of film, but completely ignored the trends. In parallel, the market for digital devices was developing.
Experts said that the future lies with the “figure”. But Kodak continued to work at the usual pace. This was the reason for their fall.
In addition, many unicorn startups are now launching, worth more than a billion dollars. If before there were several of them a year, now there are so many that no one counts. Continue reading
Why did you decide to enter the Spanish market
We analyzed all countries of the world according to different criteria. Based on this analysis, a roadmap for the development of Salateira was developed – Spain has taken a high position. The initiators of the opening of the restaurant there were our partners. The cost of the franchise was $ 20 thousand – it is the same for all countries.
We decided to launch a franchise in the city of Alicante. The choice was influenced by several reasons:
– the cost of opening a restaurant in Alicante is lower than in Madrid or Barcelona, and the solvency of the population, plus or minus the same Continue reading
Why loss does not mean bankruptcy
Everyone knows that companies like Uber and Tesla are deeply unprofitable. But at the same time they do not close, but continue to work successfully.
The loss of the American coworking network WeWork is more than $ 2 billion. But soon the company goes on an IPO with the expectation that investors will invest in it.
A person who is not familiar with the world of technology startups will have a question: “How is that – a company is unprofitable, but are its shares being bought?”
Problems of modern business and finance. 0 Continue reading