Article
http://jrantonini.wordpress.com/2007/08/22/strategies-to-increase-net-income/
Summary
This is an article that teaches people how to increase their net income. In the article, the author illustrates two examples. The first example is about a client who rents spaces at a large vendor market, and then uses its by-product to earn three times as much as its renting business. The second example is a story of a divorced couple. They both wanted to have a successful divorce; therefore, the wife went to finish her college degree. When the time they divorced, the wife then could go back to work again.
Connection
The connection between the article and chapter 11 is "how to increase the income". In the last section of the chapter, the text shows us many ways to increase the income. For examples: reduce the cost, increase the selling price and extend the days of selling. As what the article teaches, we can also use some by-products to get even more profit. As the article mentions in the second example, prepare for the in coming event can also help the business to gain more income.
Reflection
This article gives me some new thoughts about increasing income. Not only make profit at the things a business already has, also try to make new income sources. Making preparation is also very important for a business. Because it is necessary for a business to know the current of the market and the fiscal condition changes around the world. That could profit the business by making correct decision and purchasing proper goods.
http://jrantonini.wordpress.com/2007/08/22/strategies-to-increase-net-income/
Summary
This is an article that teaches people how to increase their net income. In the article, the author illustrates two examples. The first example is about a client who rents spaces at a large vendor market, and then uses its by-product to earn three times as much as its renting business. The second example is a story of a divorced couple. They both wanted to have a successful divorce; therefore, the wife went to finish her college degree. When the time they divorced, the wife then could go back to work again.
Connection
The connection between the article and chapter 11 is "how to increase the income". In the last section of the chapter, the text shows us many ways to increase the income. For examples: reduce the cost, increase the selling price and extend the days of selling. As what the article teaches, we can also use some by-products to get even more profit. As the article mentions in the second example, prepare for the in coming event can also help the business to gain more income.
Reflection
This article gives me some new thoughts about increasing income. Not only make profit at the things a business already has, also try to make new income sources. Making preparation is also very important for a business. Because it is necessary for a business to know the current of the market and the fiscal condition changes around the world. That could profit the business by making correct decision and purchasing proper goods.
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