Where is Your Money Going

Where is your money going?

Carter advises package printers to know where their money ends up. He states that most of the money printers bring in goes back out in terms of something that must be bought to keep the business going. The next biggest chunk, he claims, is probably labor cost. "But for many companies, for every dollar they bring in, they may spend 40, 50, 60, or 70 cents of that dollar...it goes right to the bottom line if you save a penny in purchasing."