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Profit in business comes from repeat customers, customers that boast about your project or service, and that bring friends with them. Business, that's easily defined - it's other people's money.
Starbucks brews first China blend to perk up business.
U.S. coffee chain Starbucks, keen to boost business in China, is brewing ahead of the Lunar New Year a limited-edition blend that includes, for the first time, Chinese beans. The “South of the Clouds” blend, named after the Mandarin meaning of the semi-tropical, southwestern Yunnan Province, was unveiled in Singapore on Monday, a week after its Greater China debut.
The coffee blends arabica beans from Latin America, Asia Pacific and the western Baoshan region of Yunnan, the main coffee-growing province in China, the ancient homeland of tea. Coffee grown in Yunnan, which borders Asia’s top coffee producer Vietnam, has been available in China for over a decade. It is often sold as a cheaper alternative to imported beans.
The blend offers an opportunity for Starbucks to expand further in one of the world’s biggest economies. Starbucks opened its first outlet in mainland China in 1999 and its president, Martin Coles, told Reuters last week the company sees China as one of its fastest growing markets, even as it closes down stores in other markets racked by recession source
Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves. One more thing is in the business world, everyone is paid in two coins: cash and experience. Take the experience first; the cash will come later. Remember, a business that makes nothing but money is a poor business.