Cut Your Expenses (But Carefully)

in Forum: Accounting & Financial Management
Source of this discusssion: /media/episodes/3844/p5-cut-business-expenses.asp Page description: Does it seem like the money flows out of your business just as fast as it flows in? In this show, #3 in our Managing Your Money series, we talk with a hugely successful entrepreneur about spending do's and don'ts, the philosophy and strategy behind fixed expenses versus variable expenses, value vs. price, and performance-based spending. Tune in!
Aug. 15 2007 at 6:13 AM
Tarek Posted by: Tarek

How can you negotiage with a Marketing company the fact that you will only pay based on the quantifiable ROI (Return On Investment). (ie : increase of traffic on your site), it's something that's discussed briefly in the podcast but concretely I would like to know how this can be implemented in a contract.

Should there be a clause like, the site must hit 25000 visitors a day and my web site otherwise you're not not getting paid or you will only receive a % based on the traffic increase ?



Edited by: Tarek - Aug. 15 2007 at 6:17 AM


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