5 ms·

There's a difference between running a profitable business and running a business that has continuous growth.

• ketzo 3y ago
  Every business’s highest cost - labor - will tend to grow every year. So will the cost of most other inputs. If you stop pursuing some amount of continuous growth or price increase, you stop making money.
  • ip26 3y ago
    3% higher expenses and 3% higher revenues to compensate is not what people mean by “a growth company”.
    • ketzo 3y ago
      No, but it is the dictionary definition of “continuously pursuing growth.”