
Growing Pains: Running a Multifaceted Accounting Business
The FaaS Evolution by GrowthLab FaaS
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The Multi-Fasted Service Business
The customer retention is pretty good, right? At those growth rates, even if you remove a inquisitive effect on the growth rate, you're still looking at 22 to 25%, I think it was more like 22% organic growth for the accounting. So that's still pretty good considering you lose customers. Of course, we're at a point at that 4050 team member where margins do start to compress. And we don't want to see that, obviously, but you feel like we're experiencing that.
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