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O'Reilly expects savings mainly from its combined purchasing power and reductions in CSK's expense structure.
"They've been able to reduce costs and adjust their expense structure better than most people would have imagined".
"If the sales go down, the expense structure is fixed with rent and payroll, so the thing can implode very quickly".
Entrepreneurs should view securing financing as an opportunity to learn about their ventures' acceptable financial and expense structure in view of the highly competitive financial market.
"The drastic decline in travel after Sept. 11 has taken a tremendous toll on our business, and our current capital and expense structure cannot absorb the shortfall," Michael Egan, the ANC chairman, said.
When Mr. Mack, the former president of Morgan Stanley, was recruited to hack through the bloated expense structure of the bank in 2001, he had hopes of returning Credit Suisse First Boston to its former banking glory.
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Meanwhile, billions of people have been left on the margins of the modern banking system, whose friction, high-burden of proof and expense structures support our one-sided world.
Most of them follow their nose towards what's funny at the expense of structure or coherence.
Churchill became intrigued by the subject, noting that the process of radioactivity "constitutes a liberation of energy at the expense of structure", something that suggested "the breakup of empires into independent states".
With a live lineup now featuring two Haitian-based percussionists, Arcade Fire circa 2013 is more rhythm oriented, but seldom at the expense of structure.
It sees a greater emphasis on systems, somewhat at the expense of structures.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com