The first enterprise deal bought a door, not a customer
Winning a large account often means paying a step-fixed cost of admission, and the interesting question is what else that payment unlocks, or fails to.
SBy Steve··5 min read
A mid-sized firm wins its first genuinely large customer. Somewhere in the six months between verbal agreement and first invoice, a set of costs appears that nobody forecast: an information security certification, a penetration test, higher liability and cyber cover, a data processing agreement reviewed by an actual lawyer, a business continuity plan that exists in writing rather than in the founder’s head, and several hundred hours of senior time answering a supplier assurance questionnaire that asked about things the business had never had cause to name. The deal still…
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Important: General information only. Rialto Bridge articles describe patterns and considerations that may apply to a business; they are not financial, legal, tax or accounting advice, and they take no account of your particular circumstances. Consider your own situation and seek advice from a qualified professional before acting.