Monday 16 September 2013

Two ways to increase profitability


After twenty five years in the industry, I'd like to think I know a thing or two about retail.
For example, I know that there are only two ways to increase profitability - increase sales or decrease costs (read 'cut wages/staff')
Some CEOs understand that doing the former means that they don't have to even think about the latter however many CEOs only know how to do the latter (which makes the former even harder)

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