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449: Is It Really a Collections Issue? with Yotam Kedem & Lior Schnabel of Precise International

Business of Architecture Podcast

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How Do You Define Profit?

There's a lot of miscommunication and sometimes even in the same business, there are different definitions for what profit actually is. Some will proudly say we don't make any profit because we reinvest everything back into the business. The only way or reason why a company that's profitable is not really showing cash profit is during growth. A great people get great stuff is a super important key to keep a sustainable profit.

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