Monday, July 28, 2008

Family Business

I just come up with a idea. What if my family's business is more innovative.
The first thing:
All the documents will be digitalized so that my parents can keep track of profits, debt, inventory. In addition, based on the those they can predict a new trend, therefore they are able to apply the best strategy to increase sales.
--> Computers , software to manage inventory.
Besides, if my family's business is cooperated with other competitors in the same industry. That would be a smart move to expand the market. Also it helps update the technology which is a bit old-fashion in my family's company.

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