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On 2/25/2009 5:18 AM, Invisible wrote:
> Depressing, much?
>
> You would think that spending a small amount of money on something now
> that will enable you to save a very large amount of money later would be
> the kind of thing management would jump at.... Apparently not.
It depends on whether or not they have the money now. A lot of
businesses got on the habit of paying their operating expenses with
lines of credit, and then paying those off when customers paid them.
It's effective, but risky because you depend on that credit.
With the recent credit crunch, suddenly these businesses have no way of
paying the bills. You can argue all day long about how spending a
little money now will save you a lot later, but what if you can't pay
the salary of the people you already employ?
--
...Chambers
www.pacificwebguy.com
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