Cutting down the expenses is one of the way to increase revenue. Some companies perform better from last year due to increased number of product sales and services extended. This surely get reflected in the financial statements issued. Therefore more revenue can be generated without cutting the unwanted expenses. Even for companies with solid management teams, cutting expenses are really hard as it requires a total makeover. But some times it makes sense to do so.
This is a promising stage of the ongoing internet revolution. Internet created its own parallel version which recurs the excitement and suspicion towards it. Internet was the funniest and craziest thing to joke about at its initial stage. The laggards thought people talking internet seriously as dumb lunatic people, fool enough in to believe in an unrealistic world. They couldn’t sort out a successful career without participating in oil industries which is already boomed back then. They saw the substantial increase in automotive industry and found its stock price peaking up. No way to avoid this fortune. Yet people tried different in a non existing world. They went with their belief and vision. They were so keen about where the attention is drifting and well migrated to internet . It’s not just few people who made billions from internet, there are many. Regardless of the industry there happened a great departure. And those who were suspicious about were forced to depart or to quit...
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