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Re: wooferwax post# 52691

Tuesday, 07/23/2024 2:58:48 AM

Tuesday, July 23, 2024 2:58:48 AM

Post# of 59420
wooferway "And if they can't grow by the money they make then they need to raise the prices of their services until they can do so if growth is what they want to achieve." You hit the nail on its head. It is far easier to grow revenues fast when the price you sell at is just high enough to break even than if you charge a price that results in a good profit margin. I guess the challenge for management is that if prices were raised significantly revenues would more or less evaporate.
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