In any revenue generating endeavor you can either attempt to earn more money from labor, intellectual property and capital gains or lower your expenditures and cost base. In reality you want to do both at the same time. However, money you save is better than money you earn, because the money you save is not taxed and go straight to the bottom line. This difference can be significant in places with progressive taxation on incremental marginal income. Review and plan with tax implications in mind.
Saturday, September 6, 2008
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About the Author
Urban Gavelin a native Swede with more than twenty five years of business experience. He has held positions as director of sales- marketing- and business development on Nordic, European and World Wide levels. Urban has lived and worked in Stockholm, London and New York, now works primarily with leadership development and sales training and is a credentialed coach. He has studied Executive Management at Lausanne Business School and Stockholm School of Economics.
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Bottleneck Blog by Urban Gavelin © 2007-2011
1 comment:
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