Not to begin an argument or confrontation Bill, but there are lots of costs a business can control besides labour. What makes it such an issue is that it is often one of the largest cost categories. But almost every line item on an income statement can be focused on and controlled and or reduced...either by using less or by finding some other way to do something.


There are even some businesses with lots of buying power, ie Walmart, that can basically dictate to suppliers what they will pay for certain items they stock. If you can't or won't sell to them at this price, you simply don't do business with them. But I do understand that Walmart will work closely with their suppliers to help them reduce their costs to enable them to meet Walmart requirements.


But there are others, especially large chain grocery stores, that make lots of money by not only beating up their suppliers, but they also charge them for shelf space.


Basically, businesses lever whatever power they may have into controlling their costs and maximizing their revenues.



If writing ever becomes work I think I'm going to have to stop