- 901
Without naming names, I will say that another company - one of the big ones - gave us some really nice shiny charts and graphs to explain commission cuts.
Here's what was interesting.
Before reform, operating costs, including commissions, amounted to something around 5% of all dollars coming in. Corporate profits also were 5%.
AFTER reform, operating costs had dropped to about 2.5-3% but surprisingly, corporate profits remained even at 5%.
Wow, how about that??
Here's what was interesting.
Before reform, operating costs, including commissions, amounted to something around 5% of all dollars coming in. Corporate profits also were 5%.
AFTER reform, operating costs had dropped to about 2.5-3% but surprisingly, corporate profits remained even at 5%.
Wow, how about that??