For those of you who run a "small" business.... are there any rule of thumbs on dept?
EX.
Consulting company does $10mm in fees, has hard assets of 1mm, how much debt is reasonable?
Company is less than 100 people. What kind of dept is typical? Terms?
I know its open but I am curious what you have seen in successful (long term) companies.
Thanks!
EX.
Consulting company does $10mm in fees, has hard assets of 1mm, how much debt is reasonable?
Company is less than 100 people. What kind of dept is typical? Terms?
I know its open but I am curious what you have seen in successful (long term) companies.
Thanks!