An interesting excerpt:
Revenue increased from $5,259 in 1997 to $1,748,287 in 1998, an increase of 33,000%. Advertising and Marketing increased from $17,407 in 1997 to $215,470 in 1998, an increase of 1,100%. Rent increased from $12,519 in 1997 to $281,904 in 1998, an increase of 2,150%. Salaries increased from $110,628 in 1997 to $1,903,174 in 1998, an increase of 1,620%. Travel increased from $4,991 to $470,302 in 1998, an increase of 9,320%. All other operating expenses increased from $130,867 in 1997 to $8,673,459 in 1998, an increase of 6,520%. |