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.
The benefits of doing things on our own must be overrated. The reason is once it is overrated, it will grab the attention of a lot of people who ignore it. This is the process of setting up the foundation of everyday life. Knowing how to prioritize our day is a skill that is worth pursuing.
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