
Making sense of financial statements. June 30, 2023
Motley Fool Money
00:00
The Importance of Scaling Your Business
Stitchin is one of many companies that have gone from a profitable business to an absolute sinkhole. But when you build out scale, adding more volume can actually cost you more money or not cost you money. NIMAP had this great Australian, they basically took photos out of planes and then Stitchin wanted to get using software. They're making a squillion dollars in Australia but were spending it all trying to grow their US business.
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