18th April 2007
The cable installation business can be very profitable - if managed properly. Most cable installers operate as subcontractors for large telecommunications or cable companies, such as AT&T, Adelphia or Comcast. This can be a great business model that makes...
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06th March 2007
To be a successful scrap metal dealer you must be able to handle large orders - constantly and consistently. You must be able to pay for the scrap metal costs in advance (and at the best prices) and then wait 30 to 60 days until the transaction is settled...
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06th March 2007
Companies that sell reinforcing steel bars (or concrete bars - also known as Rebar) have seen a boom in recent years. Many cities have seen a surge in residential and commercial real estate projects, which in turn has increased the demand for Rebar.
Co...
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09th February 2007
If you sell goods/services to other businesses or to the government, then you know that commonly you have to wait 30 to 60 days to get paid for your services. Unless your business is well capitalized, waiting to get paid can drain your working capital and...
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09th February 2007
Do you have commercial or government clients? Working with commercial and government clients can be very profitable. However, these clients also tend to pay invoices in 30 to 60 days, which can drain your company's working capital. Many times, these great...
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06th January 2007
Selling your products or services in export markets can be a very profitable and a true engine for growth for your company. Manufacturers, service providers and traders can all benefit from adding foreign markets to their portfolio of customers. However, ...
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06th January 2007
Paying employees, rent and suppliers are the three biggest expenses that most business owners face. If you are a wholesaler / reseller and buy and resell goods, your biggest expense is likely to be supplier payments. On the other hand, if you provide serv...
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29th December 2006
Usually, the biggest limitation to the growth of an import/export business is its ability to obtain working capital. Many times, getting the right financing can spell the difference between a company that will grow and be successful and one that will not....
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29th December 2006
Are you selling goods or services to companies in other countries? Although expanding your company beyond your national borders is very exciting and profitable, it will also subject you to the payment habits of your foreign customers. Many times, customer...
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21st December 2006
Do you have clients that pay your invoices in 30, 45 or even 60 days? If so, then you are aware of how their slow can drain your working capital. Unless your company has a nice cash cushion in the bank, paying suppliers or even employees can become a prob...
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21st December 2006
Factoring financing is one of those business financing tools that is not well known by the general public but widely used in the business community. It is widely used, because it's easy to implement, can be set up in a few days and can provide the workin...
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12th December 2006
The biggest challenges that many import companies have is finding a way to pay suppliers when a customer places a large order. As is common in import transactions, you must pay your suppliers using a letter of credit and then wait until the goods are deli...
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12th December 2006
Do your clients take 30, 60 or even 90 days to pay their invoices? Extending payment terms, as it is commonly known, is very common in the business world. Customers demand that they be given credit, in the meantime you still have to pay for your company's...
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07th December 2006
Most new and growing resellers and wholesalers have a very common dilemma. Their suppliers insist that they pay for goods up front. However, their own clients insist on getting 30 or 60 day payment terms. Few companies, especially startups, can carry the ...
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07th December 2006
If you sell goods or services to commercial or government accounts you are very familiar with the fact that you have to offer your clients 30 to 60 days to pay their invoices. However, offering 30 day payment terms can be very challenging for business own...
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