Increasing Profits of Clearwater Seafoods
The following suggestions can help Clearwater Seafoods to increase their profits in coming years: Exports The sharp decrease in the Canadian dollar has been beneficial for Clearwater as they are reliant on exporting their products. China provides a lucrative export market for Clearwater as the demand for seafood is increasing in the most populated country in the world (Casey, 2016).
Invest in Scallops
The revenue stream in Clearwater has been supported by their competency in fishing scallops. Also, the company has managed to add additional value to scallops by adding the Argentinean scallops to their product depth. Clearwater needs to add more ...