Incremental Labor
topic on 1 show · 1 statements across 1 episodes
1 statements about Incremental Labor, every show
Taubman: Labor-intensive service businesses keep only 20 cents per incremental revenue dollar
“In these industries that are very labor intensive, if you grow 20%, you might need to go hire another 20% people. And then you got first, you got to find them, you got to train them, then you have to manage them. And if you're already making a lot of money and…”