Casual Articles - Business

Advertising Made the Right Way
So you decided to start a business. You know it would be very profitable because it is the first of its own and the idea is still very fresh. You spent money on paid advertisements. You placed a big ad in front of your store, a half page in a daily, even advertisements inside the ladies’ restroom.But still after some time, you saw that it is still not working. You were able to get customers but you don’t think this is enough. You know you can get more.So you decided that there might be something wrong with what you are doing. You re-assessed everything you’ve done, every step you took. And you decided to retrace every step to verify where you have done wrong. And then finally someone opened your eyes and told you where you need to improve.A customer commented that he was having a hard time in reading and grasping the expensive ads that you have painstakingly placed. “Its just all jumbled”, he said. So you got his drift, in your want to provide all the details of your business, you flooded the advertisements with words. And then you finally realized why customers that you talked to asks lot of questions about information that you already placed on your ads.Now you can do something about it. You decided to categorize your products and services, put it in a catalog. You went to a printing company that special

y ranks ninth in synthetic fiber, eighth in wool and third in mohair production in the world.

Home Textile Industry

Besides the Turkish textile industry Turkish home textile industry has also shown a growth in terms of production and exports. In recent years the production of home textiles has shown a stable increase due to the rise in domestic and external demand for home textiles. Turkish home textile industry has recorded growth in terms of production and exports in recent years. Almost all kinds of home textiles are produced in Turkey. These may be listed as follows in order of their export values: bed linens, bedspreads, table linens, towels, bathrobes, voiles, curtains, lace, interior blinds, curtain or bed valances, blankets, cushions, pillows, quilts, eiderdowns.

In home textile sector, besides large scale firms there are many small and medium sized firms scattered all around the country. As a division of the textile industry, the home textiles sector accounts for 3.2% share in Turkey's total exports and have been an important sub-sector for the Turkish economy. European countries are the most important markets for Turkey s home textile exports. At present Germany, the UK, France, the USA, Netherlands and Russian Federation are the major markets for Turkey s home textile exports. New markets such as Poland, Hungary, Romania and CIS countries are gaining more and more importance.

Foreign Investments in the Sector

The products of the Turkish textile and apparel sector have a good reputation in foreign markets as a result of the availability of high quality cotton in Turkey, wide usage of CAD (Computer Aided Design) and CAM (Computer Aided Manufacturing) and the increase in the number of qualified personnel.

Conclusion

The sector is aware of the trend in international markets towards increasing demand for healthier and more environmentally

The Advantages of Entrepreneur Club
You have heard of card game clubs, sports club, press club etc. but, now there are Entrepreneur Clubs also which can solve the entrepreneurial problems. Popularly known as Entre Club, the club is actually a group of people who get together to implement and promote entrepreneurial practices in the respective areas.Entre Club and its Functions: Every entre club has some objectives. Some clubs aim at educating students about entrepreneurship and some provide financial aid to the students for participating in a competition. Whatever be the objectives these clubs follow, they are directly and indirectly involved in the promotion of entrepreneurial spirit.Generally, an entre club performs following functions:1. The participants share their ideas and problems with each other. 2. A club organizes events to strengthen the network. 3. It invites experts to answer to the queries of club members. 4. It aims at getting the right knowledge to solve a problem or investment issues. 5. It invests its time and money in problems and sells solutions for the same. 6. It doesn’t work as a committee or commission. But, it works as an individual who has an ample amount of freedom to exercise. 7. It works on its own evaluation level and takes decisions more swiftly. 8. It promotes commercial good

Market Overview

Textile and Apparel industry has a great contribution to the Turkish economy. The industry has been denominated as the locomotive of the Turkish Economy for years. Turkey's textile and apparel exports continued rising recently after began falling in January, with elimination of EU and US quotas.

The industrialisation efforts of the 60's and 70's gave birth to the modern textile industry in Turkey. At the beginning, this sector was operating as small workshops. But the sector showed rapid development and during the 1970's began exporting. Today, Turkey is one of the important textile and clothing producers and exporters in the world.

Turkey's textile and clothing manufacturers began relocating production in Eastern Europe and Central Asia. In the last three years, Turkish textile and apparel companies faced raising difficulties, after having substantially succeeded in the eighties and the first part of the nineties.

Chinese textile exports after a decades-old quota system limits ends on January 1, 2005 and the World Trade Organization believes that within three years the Asian giant could be producing over half of the world s textiles, up from 17% in 2003.

The end of the quota regime has spawned fears of widespread job losses around the world, including in Turkey, whose own textiles and apparel exports stand at around $20 billion a year.

Thus, it is necessary to understand the Turkish textile and apparel sector, the weakness and the strength it has in the World market.

Current scenario of Textiles and Apparels in Turkey

The textile and apparel sector has been the backbone of the Turkish economy with a vital role to play in the industrialisation process and market orientation of the economy in the last two decades. In the 1980s, it was the leading sector related to the global economy and the export revenues of this hard currency earning sector contributed substantially to the overall economy. The textile sector continued to be one of the major contributors to the Turkish economy, being one of the fastest growing sectors in the 1990s with an average 12.2% annual growth, while the Turkish economy had an average growth of 5.2% per year. Total investment in the sector exceeded US$ 150 billion, of which more than US$ 50 billion was invested in the last 5-10 years.

Textile industry started out in the 1960s in small workshops, have rapidly developed and transformed Turkey into a global competitor.

The total number of firms in the sector, dominated (95%) by the private sector, number around 44,000 and 25% of them are active exporters. The apparel industry is constituted mainly (80%) of small and medium sized firms whereas the technology-intensive textile production has been undertaken by large-scale companies. Today, around 20% of Turkey's 500 largest companies are involved in the textiles and apparel sector.

Low labor costs, a qualified workforce, relatively cheap raw materials have played an important role in the significant growth of the sector; as well as a liberalized economic environment and export-led policies in the last two decades.

The production value of the sector is over US$ 20 billion. Employment in the sector is estimated to be about 4 million people (2.5 million employed directly and a further 1.5 million indirectly through the sub-sectors). Official statistics also reveals that around 500,000 employees in the sector due to unregistered labor force.

The apparel sector exports approximately 60% of its production. Capacity utilization rates are approximately 75% especially among exporting manufacturers.

Turkey ranks also among the top ten global producers of wool cloth, carpets, synthetic filament and fiber, polyester and polyamide filament. While Europe's 3rd largest polyester producer is a Turkish-US joint venture, Turkey's synthetics production mounts to 15% of Western Europe's capacity.

Economic Contribution

Textile and clothing industry has a great contribution to the Turkish economy. For example, textile and clothing industry accounts for:

. 10% in GNP
. 40 % in industrial production
. 30% manufacturing labor force
. 35% of exports earning

The textile and apparel sector contributes over 20 billion USD to the Gross National Product. The sector is mostly important for its export earnings; its share in the country's total exports has been between 33-39% since 1990.

The major export market for Turkish textile and apparel goods is the EU countries, which account for about 65% of total textile and apparel exports. Turkey ranks 2nd in apparel and textile imports to the EU having an 8.2% and 4.8% share in the EU's total textile and apparel imports respectively as of 2003.

Export scenario

Textile and apparel exports increased by 14.6% on average per year during 1980-2003. Especially until the second half of 1990s, the sector's exports increased at a rate above the increase in total exports of Turkey as well as the increase in global textile and apparel exports. In 2003, the sector's exports totaled US$ 15.1 billion, having a share of 32.6% of the total exports. Exports rose to 23% in 2003, terms of value to 2002. The increasing share of apparels in exports since 1986 signifies the efforts to produce more value added products.

After the EU, the USA is a big and impending market. Turkey is the 19th apparel supplier and ninth textile supplier of USA with a 1.9% and 2.9% share respectively. Beside the EU and the US market, new markets are North African countries namely, Tunisia, Egypt and Algeria; Middle East countries namely Syria, Israel and Saudi Arabia; Eastern European countries namely Romania, Bulgaria, Poland and Hungary; and CIS countries. The sector faces quotas only in the USA and Canada. The Russian Federation was also a big market for the Turkish textile and apparel sector till the financial crisis of August 1998. It was the 3rd biggest market for apparel and 9th for textile products in 1997. Russia is still a promising market for textile and apparel sectors with its high consumption potential that will come out in the following years especially after developments towards better integration to the world economy and WTO membership prospects.

Cotton market

Turkey is a very important cotton country, which is an advantage in raw materials, for the clothing industry. Turkey is a traditional cotton producer and uses this advantage in the textile and apparel sector. Turkey ranks 1st in Europe and 6th in the world cotton production with an average production of 800,000-900,000 tons per year. Moreover, with the completion of irrigation projects within Southeastern Anatolian Project (GAP), Turkey's most comprehensive development program, current cotton production is expected to double by the year 2005.

During 2003-04 season Turkey produced 893,000 tons of cotton. About 30% of the cotton production is high quality long staple cotton and the rest is of medium quality. The cotton industry provides a competitive edge to the textiles industry, which utilizes cotton as its essential raw material.

Cotton Market Trends Main destinations for cotton yarn exports are Italy, Portugal, Greece and Belgium and for cotton fabric the UK, Italy, USA and Belgium. Whilst Turkey used to be a net exporter of cotton, the trade balance reversed in 1992 and since then Turkey has been a net importer of cotton since domestic demand has persistently exceeded available stocks. Beside cotton, Turkey has a strong standing in synthetic fiber, wool and mohair productions. Turkey ranks ninth in synthetic fiber, eighth in wool and third in mohair production in the world.

Home Textile Industry

Foreign Investments in the Sector

Conclusion

The sector is aware of the trend in international markets towards increasing demand for healthier and more environmentally f

10 Easy Tips On How To Work From Home
1. Plan your day the night before.Have a list of to do things ready the night before of high and low priority. Aim to have things done before they become urgent so you are not always putting out fires. It is always easier to remember the things you need to do next when you are in the flow of activity, and so easier to get back into the zone the next day.2. Take half a day to plan your week.This was the hardest one for me to get into the habit of doing. I mistakenly thought that I could not afford to take that time out of my busy schedule. What I found after putting this into practice is that ‘busy’ time is not always productive time. Better to know exactly what you need to achieve and have a week that is already booked up with appointments or activities to move you towards your goal than to be planning minute to minute and just reacting to day to day emergencies.3. Sharpen the saw.This is a popular one in the personal development books. Another biggie for me in that I have always favoured the manic approach to work. I would do as much as I could possibly cram in, and stop only when exhausted. People with those kinds of additive personalities especially need to pay attention this one. Take a day off at least once a week. The winning formula is to really take that time. Don’t keep jumping o

ncy earning sector contributed substantially to the overall economy. The textile sector continued to be one of the major contributors to the Turkish economy, being one of the fastest growing sectors in the 1990s with an average 12.2% annual growth, while the Turkish economy had an average growth of 5.2% per year. Total investment in the sector exceeded US$ 150 billion, of which more than US$ 50 billion was invested in the last 5-10 years.

Textile industry started out in the 1960s in small workshops, have rapidly developed and transformed Turkey into a global competitor.

The apparel sector exports approximately 60% of its production. Capacity utilization rates are approximately 75% especially among exporting manufacturers.

Economic Contribution

Textile and clothing industry has a great contribution to the Turkish economy. For example, textile and clothing industry accounts for:

. 10% in GNP
. 40 % in industrial production
. 30% manufacturing labor force
. 35% of exports earning

Export scenario

Cotton market

Home Textile Industry

Foreign Investments in the Sector

Conclusion

The sector is aware of the trend in international markets towards increasing demand for healthier and more environmentally

How to Go From Thinking To Doing
This condition has applied to all of another or us at one time. Admit it. There are times when you have thought about doing something but never got around to doing it. You are not alone. Many people spend a considerable amount to time thinking, but not doing. The problem here lies not in the thinking, but in the lack of action. It doesn't have to be that way. You can change if you learn to think and plan your next steps so you know what to do.Thinking and not acting on your thoughts can be habit forming and often leads to what I call chronic procrastination. That is when you put off doing most things instead of doing them when they need to be done. This leads to always being late, often being behind and to being in a constant state of trying to catch up. You know who you are. You are not alone and there is something you can do to change your situation. Here are some tips for how you can go from thinking to doing.- Get in the habit of writing down your thoughts about things you want to do or that you think you ought to do. Keep a pad with you wherever you do. Write down even your random thoughts that you may not spend much time on.- Review this list at least once each week and remove any items that no longer appeal to you.- Choose an item from the list and make a plan for how you will get it done. Set a ti

st polyester producer is a Turkish-US joint venture, Turkey's synthetics production mounts to 15% of Western Europe's capacity.

Economic Contribution

Textile and clothing industry has a great contribution to the Turkish economy. For example, textile and clothing industry accounts for:

. 10% in GNP
. 40 % in industrial production
. 30% manufacturing labor force
. 35% of exports earning

Export scenario

Cotton market

Home Textile Industry

Foreign Investments in the Sector

Conclusion

The sector is aware of the trend in international markets towards increasing demand for healthier and more environmentally

What is the Role of a Nanny in a Family?
As a general guide, this context will be an account of the work that might normally be expected of a Nanny in private employment and her hours of duty. A Nanny is a person, especially a boy or a girl, employed in a family to take care of children. A Nanny is responsible mainly for the care of the children of the family and the care of their equipment – their clothes and so on – and for any housework that has directly to do with them.She will, for example, do the children’s laundry and mending, and clean their rooms. In some cases she may also need to do the cooking for the children and for herself. In some very rich households it may be that, as well as the nanny who has main responsibility for the children, there will also be a nursery maid who will deal with the domestic side of the work. However, this sort of establishment is rather unusual these days. It was common in Victorian times but there are few families who can afford to maintain this size of household.In some cases a nanny will have a room of her own. However, very often she will be expected to share the same bedroom with the children. Certainly she will be expected always to be within earshot of the children during the night. If one of the children awakes and needs attention it will be nanny’s job to leave her own bed and attend to him.Her day will f

omania, Bulgaria, Poland and Hungary; and CIS countries. The sector faces quotas only in the USA and Canada. The Russian Federation was also a big market for the Turkish textile and apparel sector till the financial crisis of August 1998. It was the 3rd biggest market for apparel and 9th for textile products in 1997. Russia is still a promising market for textile and apparel sectors with its high consumption potential that will come out in the following years especially after developments towards better integration to the world economy and WTO membership prospects.

Cotton market

Home Textile Industry

Foreign Investments in the Sector

Conclusion

The sector is aware of the trend in international markets towards increasing demand for healthier and more environmentally

Why Should I Repair My Credit?
FAQs On credit Part 1Nowadays, with identity theft rampant and possibility of data entry errors it is a high probability that your credit report contains entries that do not belong to you. Incorrect items on your credit report will negatively impact your overall credit score which in turn will cost you thousands of dollars of interest when you get loans for your car or house. The better your credit score, the more favorable interest rates you will receive from the banks and lenders, which means direct savings to you. So credit repair is a good option.Why is my credit score so important?Banks, lenders and credit card issuers use the credit score as a universal means of assessing your credit risk and credit worthiness. The credit score is calculated by the three major credit reporting bureaus (TransUnion, Experian and Equifax), and is a reflection of several factors, including your past payment history, on time payment record, amount of loans you have, etc. When your credit score is high, lenders are willing to issue loans to you at lower interest rates. And the lower the interest rate, less money you will pay in interest on your loan. On a big purchase like a car or a house, relatively small reductions in interest rate could mean thousands of dollars in savings to you. In addition, some people with e

y ranks ninth in synthetic fiber, eighth in wool and third in mohair production in the world.

Home Textile Industry

Foreign Investments in the Sector

Conclusion

The sector is aware of the trend in international markets towards increasing demand for healthier and more environmentally friendly products and tries to adapt itself to these developments by legal and technical regulations.

Nevertheless, it is hard to keep its competitive position in the world market full of emerging players. Thus, manufacturers have shifted their operations to value-added products and creation of brand names. Currently, 30% of Turkish manufacturers have their own designs and brands in international markets.

As current studies reveal, developed countries will have a decreasing share in global textile production while the developing countries will increase their manufacturing capacity to meet the increasing demands. It is also estimated that by 2005, the developing countries will increase their self-sufficiency in textile production. The US with an estimate of 200% increase in textile consumption is also estimated to have a 32% decrease in self-sufficiency by the year 2005.

Turkey, with its adaptability to European standards and regulations related to environment, health, quality, and safety is aiming to move into the production of more and more value added products, into an era in which the Turkish textile industry will be known for its quality trademarks and will be pricing a product for the Made in Turkey sign.

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