"When you raise prices, you've got to make sure you get it to the bottom line. You can fritter it away because of the way you're running the business, with maybe not a totally disciplined approach"
- Jim Cantalupo
About this Quote
This quote by Jim Cantalupo is highlighting the significance of ensuring that when prices are raised, the revenues are shown in the lower line. He is suggesting that if the business is not run in a self-displined way, the make money from the price increase can be lost. This indicates that the business has to be handled in such a way that is efficient and also reliable, which all expenses are maintained to a minimum. This will certainly guarantee that the benefit from the rate increase are made best use of which business has the ability to remain profitable. Finally, this quote is stressing the significance of running an organization in a self-displined way in order to make sure that the make money from rate rises are maximized.
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