At the internal level of his business operations, it has to be noted that the increase in sales volumes has to be supported by an increase in production levels. Given this necessity, combined with elements such as ease of use of the technology and the minimum skills requirements of the person digitalizing the books, Will Bury ought to consider the following:
To a degree to which this does not negatively impact the family life or the individual life of the family members, Will Bury should ask his wife or his children to help with the digitalization process
In a context in which the help of the family is either impossible or insufficient, Bury should hire an employee to handle the digitalization processes. This employee would require minimum skills and would as such be paid minimum wage. The salary of the employee would be cumulated based on hours worked, which would normally equal the number of digitalized books.
It is advisable that the employee be a responsible local teenager who is looking to earn some extra money. It could be the child of a neighbor or a colleague from the children's school. It is true that the costs could be even further reduced with the outsourcing of the digitalization processes, but this solution is not viable for the time being due to the fact that the digitalization represents a core process and as it is necessary for Bury to supervise it at all times.
Relative to the other costs incurred, their alteration is rather difficult since Will Bury a is small size entrepreneur who does not reveal any power to influence the retail prices of the books, the technologies used or the copy write fees. Yet, he could implement several strategies:
The operational costs with electricity could be reduced with the usage of more natural light in the detriment of artificial light. Also, it would be...
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now