adios ken henry , page-13

  1. 3,012 Posts.
    "It makes fairly obvious sense that someone with experience in running a business understands at least the basics - like not spending more than you earn!"

    Sometimes economic conditions force you to run at a lose.(Spend more than you earn)

    You can do one of three things you can

    1:Downsize the business until economic conditions improve.

    Pro: Save Money Now
    Con: Make less money due to inability to service exist customers as economy improve.

    2:Do nothing

    Pro: Be able to service you exist client base when the economy imporoves
    Con: Run at a lose.

    3: Increase capacity

    Pro: Be able to service your existing clients as well as new clients other business have lost due to capacity constraints.
    Con: Run at lose , increased debt to service.

    Like in share trading going against the herd has its risk but present the best longterm rewards.

    There are many ways to run a business.

    But at the end of the day a nation needs to run like a nation not like a business.

    I would be very scared of someone taking the same ruthless approach to running the country as some of our business leaders take to runnning their companies.

    Guess that is why Tony and his mates are so scarey



 
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