hottweelz said:
Yeah, former.
See:
http://www.tpmm.com/staff/
I stopped taking new clients in May of this year and now I'm just honoring my exisiting contracts for medical professionals' web sites and promotional campaigns.
Some companies go thousands even millions of dollars in debt on the business manager's word of "past sales" and "projected sales" and "market projections" and current "market studies". Since 1997, if we didn't have the money (actual funds) in the bank to do something or hire an employee for a year or lease an office for a year, then we didn't do it. All office equipment was bought and later paid for at the end of that month. When we showed a profit, we didn't buy a 1.5 million square foot office complex with a $20,000.00 a month electric bill. We asked questions like, "How much for an additional Marketing Manager? $30-40,000.00? Do we have that in the bank right now? Then we can afford an additional marketing manager."
Each quarter, we reassesed our budget. Last March, we only had enough funding for nine months or until December 2004. Even though the "projections" said that we'd have an increase of gross revenue in the months up to November (NOBODY pays bills in December), that was not enough to put employees livelyhoods on the line for a MAYBE.
The Staff and vendors and contractors and anyone else that received income from tpmm.com, was like "family". Instead of taking a chance and possibly NOT making my 05 budget, gave the inhouse employees two months of employment and a month of severence plus their choice of office furniture. The contractors received one additional "net30" payment and the part-timers got an additional month of employment.
Come January 2005, we produce tax records for pass employees and call it the end of an era.
The domain name, TPMM.COM, goes on the block on e-bay.
:tear: