• 0 Posts
  • 77 Comments
Joined 2 years ago
cake
Cake day: July 27th, 2023

help-circle

  • All business have to care about profit or they won’t be in business for long. Also if you want employees to get good pay/benefits and such they have to charge more and in turn you can’t shop for the cheapest.

    That said I think the concern comes when they start trying to squeeze every last cent out regardless of the customer relationship and long term image. As soon as a company goes public you now have a board that will get rid of you if you don’t push stock values up another percent. Even if you want to have long term growth and goodwill the board is pushing for profit growth targets this quarter and they pay mostly in shares too. I find the best corporate customer/profit balance comes from private firms.