Comments on: Businesses trim costs to combat lagging sales http://blogs.reuters.com/small-business/2010/12/22/businesses-trim-costs-to-combat-lagging-sales/ Grow your own Thu, 26 Mar 2015 12:32:24 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: allynconway http://blogs.reuters.com/small-business/2010/12/22/businesses-trim-costs-to-combat-lagging-sales/comment-page-1/#comment-2951 Thu, 23 Dec 2010 18:20:49 +0000 http://blogs.reuters.com/small-business/?p=3426#comment-2951 I am in the IT industry and see more and more companies engaging us for internal process and systems improvement. As stated in the abovearticle, companies are increasing profits and cash flow by working smarter.

Unfortunately, there are still many companies out there still using outdated and manual processes that are draining cash flow and profits. I wonder when they will “wake up” an look within for higher profits. If wages are froze or decreased, their employees will not be fueling increased consumer spending.

On the other hand, if companies with increased profits would share the wealth with their employees, maybe that’s the starting place for increased consumer spending……

If companies with increased profits would share the wealth with their employees, maybe that’s the starting place for increased consumer spending……

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