• doingless@lemmy.world
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    11 months ago

    It’s possible for companies to lose money and still stay in business in the short term. I have run a number of small businesses and I have taken pay cuts multiple times, ran at a loss multiple years, and also put up strong profits. I run a nonprofit now and it’s tough. Business isn’t uninterrupted profit continually being stolen from workers. Sometimes investing in good people comes at a loss for awhile.