Growing Revenue vs. Reducing Expenses
We recently had an inquiry on our position that most times reducing expenses is a much quicker improvement to the bottom line compared to growing sales. In reflecting upon this, let me share with you this example: Currently w/ Expense Reduction w/ Additional Rev Revenue $100,000 $100,000 $140,000 Expense Reduction % 0% 20% 0% Operating Margin % 10% 10% […]