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Casual Articles - Unlocking Hidden Profits in Your Business
International Shipping Tips
Shipping packages internationally can be tedious. Each country sets its own regulations for what can be imported and what documentation is required for customs. Even shipments to Canada and Mexico require customs documentation (what ever happened to NAFTA?). The most common customs documentation may include:1) commercial invoice - this document details the contents of the package, including a description of the item(s), value, weight, quantity, shipper, and receiver (i.e., "consignee")2) power of attorney - this document is signed by the shipper to give the shipping company authorization to act as the shipper's broker to get the shipment through customsSometimes, additional documentation is required for international shipments. To simplify the process, visit your local The UPS Stor
of each customer and the number of customersShipping packages internationally can be tedious. Each country sets its own regulations for what can be imported and what documentation is required for customs. Even shipments to Canada and Mexico require customs documentation (what ever happened to NAFTA?). The most common customs documentation may include:1) commercial invoice - this document details the contents of the package, including a description of the item(s), value, weight, quantity, shipper, and receiver (i.e., "consignee")2) power of attorney - this document is signed by the shipper to give the shipping company authorization to act as the shipper's broker to get the shipment through customsSometimes, additional documentation is required for international shipments. To simplify the process, visit your local The UPS Stor
What Does Your Writing Say About You?
I was once asked to critique a 100 page business plan for a client that needed to apply for financing to start a multi-million dollar pharmaceutical company. Most bankers would have turned down the applicant for financing because the business plan was full of jargon, written in highly technical language, and hard to understand. The first 40 pages of the plan were vague and spoke in general terms. They did not clearly convey what the loan applicant was trying to sell or how they planned to generate revenue to pay back the loan. There was no clearly defined business strategy or marketing plan. There was just a lot of information about the medical/homeopathic results of very technical research. To say the least the business plan didn’t even have an opening abstract to inform the reader of the key points
Copyright 2005 Wayne McDonaldI was once asked to critique a 100 page business plan for a client that needed to apply for financing to start a multi-million dollar pharmaceutical company. Most bankers would have turned down the applicant for financing because the business plan was full of jargon, written in highly technical language, and hard to understand. The first 40 pages of the plan were vague and spoke in general terms. They did not clearly convey what the loan applicant was trying to sell or how they planned to generate revenue to pay back the loan. There was no clearly defined business strategy or marketing plan. There was just a lot of information about the medical/homeopathic results of very technical research. To say the least the business plan didn’t even have an opening abstract to inform the reader of the key points
Practically every business article I come across talks about number crunching. Everything is broken down into ROI (rate of return), the value of each customer and the number of customers
Should You Incorporate Your Business?
More than likely, at some point you are going to be asking yourself whether or not you should incorporate your business. Many people start out as sole proprietors and then incorporate later. However, there are a variety of pros and cons in deciding to incorporate. Before you take the big step to incorporate, it is important that you fully explore and understand the pros and cons of this decision so you make the best choice for you and your business.There are a variety of great advantages to incorporating, and probably the biggest one is limited liability. As a sole proprietor, anyone who sues your company is essentially suing you as a person, and your personal assets may be at risk. Once you incorporate, you are only liable for the amount that you have actually invested into the company. This is
lly every business article I come across talks about number crunching. Everything is broken down into ROI (rate of return), the value of each customer and the number of customersMore than likely, at some point you are going to be asking yourself whether or not you should incorporate your business. Many people start out as sole proprietors and then incorporate later. However, there are a variety of pros and cons in deciding to incorporate. Before you take the big step to incorporate, it is important that you fully explore and understand the pros and cons of this decision so you make the best choice for you and your business.There are a variety of great advantages to incorporating, and probably the biggest one is limited liability. As a sole proprietor, anyone who sues your company is essentially suing you as a person, and your personal assets may be at risk. Once you incorporate, you are only liable for the amount that you have actually invested into the company. This is
Sun Zi Art Of War - Three Business Lessons From Deployment Of Troops In Mountainous Region
After crossing the mountains, move and stay close to the valleys. For a commanding view and to ensure better chances of survival, occupy high grounds. When the enemy has occupied high grounds, do not attempt an assault. These are principles for deploying troops in mountainous terrain. Chapter Nine, Sun Zi Art of WarAbove are the principles of moving into mountainous region. Let us look at how these principles can be applied to business.Business Application”After crossing the mountains, move and stay close to the valleys.”The reason why Sun Zi advocate that after crossing the mountains, troops is to stay close to the valleys because this is where usually food and water are abundant and close by. From here and other parts of Sun Zi Art of War, we ha
s about number crunching. Everything is broken down into ROI (rate of return), the value of each customer and the number of customersAfter crossing the mountains, move and stay close to the valleys. For a commanding view and to ensure better chances of survival, occupy high grounds. When the enemy has occupied high grounds, do not attempt an assault. These are principles for deploying troops in mountainous terrain. Chapter Nine, Sun Zi Art of WarAbove are the principles of moving into mountainous region. Let us look at how these principles can be applied to business.Business Application”After crossing the mountains, move and stay close to the valleys.”The reason why Sun Zi advocate that after crossing the mountains, troops is to stay close to the valleys because this is where usually food and water are abundant and close by. From here and other parts of Sun Zi Art of War, we ha
Does Your Income Reflect Your Effort?
The one thing almost all the women I meet have in common is that they are too smart for their own good! This is probably true for you, too!If you have great ideas all the time and are very passionate about what you do, and you can never seem to get everything done when you want it done, congratulations - this is you.I understand that you don't want to give anything up, and coming up with the brilliant ideas makes you happy – so don't stop doing it. Instead, you need a tool to keep you focused so you can complete the highest priority items so you can have the cash flow you deserve.Determining your priorities and sticking with them is a systematic approach. You need to know how you are getting the clients you have had. Try this exercise: look at all the clients you have gotten in
en down into ROI (rate of return), the value of each customer and the number of customersThe one thing almost all the women I meet have in common is that they are too smart for their own good! This is probably true for you, too!If you have great ideas all the time and are very passionate about what you do, and you can never seem to get everything done when you want it done, congratulations - this is you.I understand that you don't want to give anything up, and coming up with the brilliant ideas makes you happy – so don't stop doing it. Instead, you need a tool to keep you focused so you can complete the highest priority items so you can have the cash flow you deserve.Determining your priorities and sticking with them is a systematic approach. You need to know how you are getting the clients you have had. Try this exercise: look at all the clients you have gotten in
What is a Thrift Store?
A thrift store is something that sells used items that are in good condition. There are many different stores that do this in most areas. Most of the time the items in a thrift store are still in great condition and will be just as good as a store that sells new items, the only difference is that you will pay less at one of these stores.There are a lot of thrift stores that sell the items for a certain charity. Sometimes the money that is raised by selling these items is given back to the community. This is a great way to make good use out of the unwanted items that people do not want and give back to the community.There are so many different things that you can purchase at a thrift store. You can get furniture, clothing, and many house ware items. You can find these items in usable
of each customer and the number of customers per month.A thrift store is something that sells used items that are in good condition. There are many different stores that do this in most areas. Most of the time the items in a thrift store are still in great condition and will be just as good as a store that sells new items, the only difference is that you will pay less at one of these stores.There are a lot of thrift stores that sell the items for a certain charity. Sometimes the money that is raised by selling these items is given back to the community. This is a great way to make good use out of the unwanted items that people do not want and give back to the community.There are so many different things that you can purchase at a thrift store. You can get furniture, clothing, and many house ware items. You can find these items in usable
Unfortunately, the most important factor left out of all these formulas is you --- the business person. If you have a poverty mentality or a fear of not having e
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