Engineering Economic Analysis
Posted: December 20th, 2011 | Author: CHON Magazine | Filed under: Economy, Entrepreneurship, Experience | 3 Comments »I have recently finished a project related to economic analysis on an engineering project. It’s done together with Foo Piew and Wong Ning. Among the key takeaways from the project for me are as follows:
- Depreciation reduces tax incomes. One day, when I started earning money, I would first find a way to reduce my income tax than any other things.
- Software marketing is the hot thing now. It has one of the highest returns of investment. Things that I can relate:
- McKinsey, one of the leading consulting companies, has 21 software products. Having said that, McKinsey would be a very profitable company even without their consulting services.
Other related Softwares news, you might relate Deccan Herald.