> Your interest as the owner is to maximize that profit and minimize expenses, and our interest as workers is to maximize our wage and minimize your profit.
Business owners are also responsible for ensuring their employees (and payroll taxes) are paid whenever revenue dips into the "L" part of "P&L".
Wise owners ensure some portion of profit is retained such that temporary market adversity does not immediately result in terminating their employees.
People who have never had these concerns make sweeping statements such as the one quoted.
Business owners are also responsible for ensuring their employees (and payroll taxes) are paid whenever revenue dips into the "L" part of "P&L".
Wise owners ensure some portion of profit is retained such that temporary market adversity does not immediately result in terminating their employees.
People who have never had these concerns make sweeping statements such as the one quoted.