Cuts are coming at a time when local government
faces flat revenues: «We must also consider demographic demand - we do not need to go into the familiar argument of what an ageing population means - and the fact that recession leads to income being constrained from things such as tourism, and car parking and planning charges.
Not exact matches
And what about the tens of thousands of other «businesses» we don't hear about: Those that fell
face -
flat because they focused on building a toy on top of VC money rather than building an actual
revenue - generating business?
Like other Upstate cities, Syracuse
faces budget deficits as the cost of pensions and health care climb and tax
revenues remain
flat.
«This solves two major problems
facing the profession in mature practices:
flat to no
revenue expansion in the last five years and a decrease in veterinary visits over the last decade.»
Law firms
faced leaner economic times in 2015, with declining
revenue and
flat partner compensation, according to ALM Intelligence's annual financial survey.
When
faced with
flat or declining
revenues, the sustainable way to maintain or grow profits and to defend against predatory competitors is to reduce costs at a faster rate.