Business Plans

I was chatting with my teen aged son last night and we were discussing about my business plans in the near future.  He said it would be nice to start in a small scale business then depending on the performance of the business, we can venture out into something bigger.  I'm glad that he has an eye for a business.  Young as he is, he exudes that aura of maturity and self confidence.   I told him that I prefer to venture into a business which offers services rather those offering products or goods.  We had opposing opinions on this but we are both willing to make a study.  I told him that it would be good to equip the business with some business essentials like POS systems.  It might be costly, but will serve the business well in the long run.  My son told me that we have to get it when we are on the stage 2 or 3 of the business which I think is quite logical.  I admire his wits.  He had always been a topnotch student since day one.

I think it is about time to make a careful study on what business we would like to venture.  It would be nicer if it would be a family's effort.  With how my son shared his ideas to me last night, I guess I have the making of a successful business man son in the future.