You are in the right business if you are a supplier or a manufacturer of table and chair sets for children, because you have a much bigger market for them that are coming up. With the trend towards globalization, you can count on the children of many more countries as your future market for the kiddy furniture.
You will soon expand to areas and/or countries which have large populations and where children are always welcome additions, even to already large families. The people in nations like these regard children as blessings from God; everyone in these countries love kids, treasures them as a form of wealth, and even pampers them to some extent.
Families in these countries go out of their way to cater to the whims of the kids as much as they can afford to. A child expressing a wish for kid’s table and chairs gets what he asks for fast; the parents, especially the more affluent ones, always hurry off to the nearest store to get them.
The parents and other elder relatives of kids in these small countries but with big populations do not mind having big families, saying that Divine Providence will provide for the needs of man. That is why kids’ possessions like the chairs and tables set are always the object of solicitous concern of the elders. A kid crying because his kiddy chair is missing somewhere in the house, will always send everyone off searching for the chair like crazy.
When the children are already of schooling age, they use the kids table and chairs when they do some studying of their school lessons, or putter on some little projects those children in nurseries and preschools do for their early training. Somehow children using their own table and chairs this way appear very “scholarly”, and this gives the doting parents, and especially grandparents, the joy that they always seem to be so crazy about with their young family members.
When you expand your kid table and chair business to these children-loving countries, some of them in Asia, for example, you will notice how your mark ups in your investment jump, considering that sales will be much higher with the bigger number of customers you can always expect. Add to it the fact that your operational expenses will be much lower in these places, given the much lower expense for labor, and even the lower cost for materials in the manufacture of your children’s furniture products.
The manufacturing of the kids’ tables and chairs in these populous countries is easy, what with the many skilled carpenters around that you can always hire for this special kind of carpentry job. Carpentry skills of this type are even “exported” to the more developed countries now.
The prime benefit you afford yourself in the expanded kids table and chairs business that you do in places where cheap labor abounds, will not be as important as the fact that will also be doing a great contribution to ease the ill effects of the global recession now. Maybe the economists may not see the significance of your act right away, but this is really the solution to the world’s economic woes now. |