Traditional businesses facing tough times

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#3
Let me try using 3 common tools, 1) Economy of Scale, Economy of Scope, and 3) Automation.
Purpose : To maintain Inche Quality at Affordable prices with reasonable profit margin

1) Nonya Cake Confectionary biz :- Traditional Taste = Quality
1.1) EO Scale: Centre Kitchen / Retail Outlets / Mass Order of Food Ingredients / Use of automation for preparation & QC
1.2) EO Scope: Make other similar nonya cakes/titbits too?
1.3) Auto: Use machine for manual/routine works

2) Antique & Vintage Goods biz: - Restoration & Value Good Trading = Skills & Arbitage Value Products
2.1) Master Skills for restoration & Eye for value, Good access to internal & international markets
2.2) Rental cost of workshops / sales & distribution networks

3) Book Rental Shop biz - Content generated revenue biz
3.1) Catchment area of book shop -> rental
3.2) Sell/Rent other stuffs to compliment shop rental
3.3) Establish online services for rental/bookings/collection..

In-fact, i think that all biz with a shopfront can be intergrated into a 1 stop shop!

something like $1.99 shop! Big Grin
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
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RE: Traditional businesses facing tough times - by brattzz - 21-04-2014, 09:52 AM

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