1.What types of businesses are there in your hometown?
2.Are you willing to work in a family business?
3.What kind of new media are there in China?
4.How to run a business successfully?
5.What's the disadvantage of a family business?
1.My hometown is Shanghai, which is a very modern metropolis with variety of businesses. First of all, many fortune 500 companies set up their office in Shanghai because Shanghai is the center of China’s economy. Also, lots of startups choose to locate their office in Shanghai, since in Shanghai, it is usually easier to obtain financial support from investment companies.
2.Yeah, I am. Working in a family business does offer more opportunities for an individual to grow with the company and learn variety of skills. You know, usually a family business will not hire as many as employees as those fortune 500 companies, so every employee has to take on more duties. For example, the administration staff may be require to purchase office supplies, interview potential candidates for the first round as well as handling financial affairs.
3.I think Wechat is one of the most popular new media in China. Many companies open their WeChat Official Accounts to publicize their products, expanding their customer base. For example, once a coffee producer set up a stall on the first floor in our office building. As long as you had subscribed their WeChat Official Accounts, you would be give a bottle of coffee for free. Many companies employ Wechat as one of their marketing methods.
4.In order to run a business successfully, you need to have a good budget planning and make enough profit. Good budget planning can help you figure out the total cost for your business—basically fixed cost and variable costs, as well as how much profit you need to gain in order to break even. Setting the price too high or too low will probably affect the total profit yo