How Startups spend it ๐Ÿ’ฐ

Where startups spend their money ๐Ÿ’ฐ

When your business is growing quickly it's easy for costs to get out of control. At Quantico we see this all the time, especially in well funded startups.

But how much does the average UK startup spend on each area of their business? ๐Ÿง

We teamed up with our good friends at Pleo to find out. We canโ€™t reveal total amounts, but the relative percentages make for a really useful benchmarking tool.

For most it was travel and services that accounted for the greatest spend on their Pleo cards. How does that compare with your business?

Quantico Takeaway

The faster a business grows the harder it is to keep costs under control. Knowing where you spend it can give you great insights into how to extend your runway... And reduce time spent on a runway โœˆ๏ธ