Re:Startup Restructuring 101
by kingkongjaffa on Sunday November 27, 2022 @02:42AM
(#33761216)
Most B2B are on 30/60/90 day payment terms anyway. You should be able to get your shit together in 30days without delaying any payments.
The more prudent thing would be to scrap all subscriptions/SAAS solutions you can live without, with one month notice where you are not contracted, where you are see how to activate any break-clauses etc.
So this month you pay the same but maybe next month you cancelled some nine essential stuff and your burn rate is 1-10% leaner? shrug
The more prudent thing would be to scrap all subscriptions/SAAS solutions you can live without, with one month notice where you are not contracted, where you are see how to activate any break-clauses etc.
So this month you pay the same but maybe next month you cancelled some nine essential stuff and your burn rate is 1-10% leaner? shrug