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Unread 31-07-2012, 13:31
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JamesCH95 JamesCH95 is offline
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AKA: JCH
FRC #0095 (The Grasshoppers)
Team Role: Engineer
 
Join Date: Dec 2004
Rookie Year: 2001
Location: Enfield, NH
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Re: Local government ordinance hampers Beatty finances.

It seems to me that the company would have to pull their financial support of the team, that's how I read it anyway. 50-100k is a lot of capital for most companies, losing that income is pretty serious.

It's a tough lesson in diversifying team income sources. It is great to have one main sponsor that covers every expense, but it is not a risk-averse business model.

As someone who works at a small company I am very glad that we have 2-3 major clients because it is very rare that all of them will be out of work for us. I have seen bigger companies disband, seemingly over night, if they lose work from their sole client.
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Maturity is knowing you were an idiot, common sense is trying to not be an idiot, wisdom is knowing that you will still be an idiot.
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