Want to cut profits by 17%? Stop business travel!

05/18/2011 | Forbes

Thinking about cutting back on corporate travel because of rising fuel prices? Think again. "A 2009 Oxford Economics USA study found that the average U.S. business forfeits 17% of its profits in the first year of eliminating business travel -- and that it takes more than 3 years for profits to recover," Tony D'Astolfo writes.

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