Could be 10 people making 50k a year in a shed with a couple of managers making more. Whether that’s a just a warehouse or actually making widgets or some such that’s easily a profitable business with a million or so in revenue. Or just a small shop with a handful of minimum wage employees. Maybe an office cleaning service? Some business models can be perfectly stable with a million or so per year in revenue
If you’ve got enough employees that notices are tacked to a wall, and you’re not doing a million dollars in sales, you don’t have much of a company!
Could be 10 people making 50k a year in a shed with a couple of managers making more. Whether that’s a just a warehouse or actually making widgets or some such that’s easily a profitable business with a million or so in revenue. Or just a small shop with a handful of minimum wage employees. Maybe an office cleaning service? Some business models can be perfectly stable with a million or so per year in revenue