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To date, you’ve built a 30-person team colocated with you in California, prioritizing speed over cost efficiency, but now it’s time to consider whether to keep that approach, or start to build out a back office in a lower cost geography. We used our free headcount planning template to run the numbers. Salary differences.
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With more shoppers prioritizing necessities, businesses increasingly have to make adjustments to stay in the black. To determine profit margins, companies subtract the total cost of providing a product or service from the sales price paid for the item by customers. Each of them provides a different view of your situation.
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