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Politics : View from the Center and Left
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To: Paul Smith who wrote (155294)1/29/2011 4:58:56 PM
From: Mary Cluney  Read Replies (2) of 541922
 
<<<The most important thing in business is that costs be less than revenue. Even if revenue does not grow, as long as costs are less than revenue, the business will be fine>>>

Okay then, give me an example where you generate revenue without first spending money to develop a product or service, generate sales, and continue to exist.

The main point is that nowhere is cost cutting the primary source for business and larger economies to exist much less to thrive.
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