10 Tips for Building a Profitable Business
| November 21, 2008 |  View for printing |
In the last two months there has been a rush to exhort start-ups to get to profitability, yet we’re hearing very little advice how to do that other than simply slashing expenses and finding revenue channels.
Dogster & Catster were born in a period when web properties were considered loss-leaders, but we decided to find out how big a business it could be. In July of 2005 we first achieved profitability and ran in the black for next 13 months before putting to use the proceeds of an Angel round we closed in September 2006. We returned to profitability a year later and we’ve been in the black ever since.
Full Story: http://blog.dogster.com/2008/11/18/1 ... e-business/ 
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