When it comes to technology, the cost of running a business has always been high, according to an article published on The Lad Biblical.
But that is changing, as the cost for running an average company has been dropping for decades, and this trend is expected to continue, according the article.
According to The Lad, average startup costs in 2017 were $8,000.
That’s up $2,000 from 2016.
The article also notes that while average tech companies have grown from 2,000 to over 30,000 employees, the number of employees has been growing by just 1,000 per year.
So what’s the takeaway from the article?
The article notes that “it is likely that these trends will continue.”