The Single Biggest Driver in Your Business
21st of April, 2022
For a service-based business the cost of employees is often the biggest single cost. Compare this to an importer who ties up a lot of their capital in stock and warehousing, their employment costs as a percentage of total costs are a whole lot lower. But this difference masks the reality that in almost every business the employment cost, is the ‘cost’ that is the biggest driver in influencing the bottom-line performance of the business.