Fred DeLuca Quotes
Profit or perish... There are only two ways to make money: increase sales and decrease costs.
Citations
DeLuca, Fred, and John P. Hayes. Start Small Finish Big: Fifteen Key Lessons to Start - and Run - Your Own Successful Business. Warner Books, 2000.
Related Quotes
The company’s profits were $5.7 billion--$45,000 per employee. He then imposed a 6 year wage freeze on long term employees and cut the wages of new employees. His compensation has increased 80 percent in the last 2 years. Most large corporation CEOs do not share this need for “unlimited” profits. Most set a target and then try and get the corporate team to reach or exceed it.
Frederick Adrian DeLuca was an Italian-American businessman and co-founder of the Subway franchise of sandwich shops.