Wednesday, June 3, 2009

 

Wholesale Video Games Business: Deploying Productivity!

When was the last time you heard a wholesale video games medieval age secret? Right, a medieval time would probably define wholesale or video games non-existent! Actually, truth be told that it is an age of stone mystery rather than a secret. Achieving peak productivity and maximum performance around your commercial merchandise businesses is as easy as take action.

Right, that is what every free book and every $5 to $10 book actually tells you. It goes like adding 100 pages, jotting down a few Age of Conan famous quotes and boom! You now have a million dollar marketing genius. Two words, I wish! You see it at Borders book titles and you see it at Barnes and Nobles best selling publications.

Many boring P.H.D books do not sell do the amount of gibberish many of them hold everywhere around the book. Will be saving you 150 to 220 pages of eloquent babble from the possibility of wrong title selection from your trip to Borders! The easy way to deploying productivity over your duties gets done by taking action, just as many books on the store bookshelf mention - that is indeed correct.

Problem is many books just do not give you the beef, they give you the sizzle. Taking daily action cleaning your home will likely not give you $300-$500 a day in clean profits, especially with competition around all of us on the Internet. Do you have a passion for selling bath accessories on your web 2.0 website. Hot niche by the way! How about if you have a deep passion for selling different kind of jump ropes by weights and quality on eBay?

No matter what the answer, please do get this on your mind. In order to become the best, not just good or great in your particular market, it is all about finally becoming the best no matter how much competitors you have online. What is one of the elements you should hold for yourself? Answer being in one page, peak productivity and peak performance!

How do you achieve both? Have your heart and most importantly your mind into a short, medium, long term goal in mind and on paper every day. Most of us lie to ourselves on a daily basis, example being: I am going to clean my car in the early morning. Problem being, car probably never got clean until two weeks later or until the mud got into it? Disgusting, but that is when you clean it, especially if your car is now a two or three years old lease.

If you have a goal and you only say it to yourself privately, there is a big chance it does not get achieved. There is just not enough risk involved if you are lazy like many of us and by the way being lazy is good. Achieving top productivity, clear mind and having all your energy focused in one short term goal is priority.

You at loud give yourself a deadline, let everyone see what you said. Everyone! Then, discipline yourself to have a written plan for each day and a nice dashboard on your home for achieving top productivity.

Ultimately, once you have achieved peak productivity, peak performance result set in around reasonable timeframes. Problem still is, what are you doing with your local wholesale video games and video DVD shop, to actually acquire the right amount of discounts in order to profit nicely?

If you do not have the right sources to make business, anyone would get in trouble no matter how much of a peak a given small business is having. Be productive, but do learn the right steps to take in order to achieve success on the Internet or locally nearby your home. That is another mystery!

About the Author

Wholesale Video Games online are one of the business components Joaquin serves as reference source, e-commerce coach and certified author. His focus today is assisting people receive extra income through the acquirement of a Wholesale Business

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Sunday, May 31, 2009

 

History Of Invoice Factoring - From Past To Present!

The only thing more destructive to business survival than lack of customers is lack of cash flow to produce goods and provide services in a high demand market. Consistent cash flow is the lifeblood of commerce and the catalyst for healthy economies. There are many options available to increase cash flow.

Factoring, also known as invoice factoring or accounts receivables factoring is one of the oldest alternatives for continuing cash flow. Factors, third parties to the transaction between the seller and the buyer, purchase invoices and accounts receivables at a discount. This process allows companies to easily cover production purchases, payroll and other operational expenses without any interruption in their business.

Elements of factoring can be traced back to the Mesopotamians, who are credited with being the cradle of civilization and the first to generate business code structures and government regulations for commerce. Experts have evidence that proves 4,000 years ago, the Mesopotamians also created the concept of factoring. Following Mesopotamia, there is evidence that the Romans sold promissory notes at discounted prices. Roman merchants also enlisted the services of collectors to settle trade debts. But factoring as we know it today got its start in the Middle Ages.

Jews, fleeing persecution in Spain in the 1300s and1400s, fled to Italy. In Italy, Jews were not allowed to hold land, but were still given the opportunity to engage in the local commerce in grain crops. Jews, who were not bound by the local Christian laws of usury, charging a fee to use money, gave high-risk loans to farmers against the crops in their fields. Originally, they purchased the grain sale rights against the coming harvest. As in any venture, where there is profitability, there is expansion. These early merchant bankers began to advance money against the delivery and payment of grain shipped abroad and to distant trading ports. Soon, the profitability of this endeavor opened the floodgates to a new segment of society and created a new industry within the trade industry of merchants who solely bought and traded grain debt instead of the actually grain itself.

By the time English colonists settled in the new world, America, this type of financing had become common. Both English settlers in the new world and English merchants were in prime situations to make lots of money. Due to the time distance in getting their goods, by boat, from the colonies back to England and vice versa, these merchants could have gone bankrupt waiting on their money. Cotton, timber, fur and tobacco industries all spurned their own factoring segments. Merchant bankers in London advanced funds to colonists for goods and materials before they made the journey across the ocean. They would ship their goods to the colonists or back to England where one of these factors would pay a discounted rate to the seller before the voyage and afterwards take a percentage for selling and collecting the money owed.

Factoring became a common business practice. Until the 1700s, England and the US shared a common law framework. Originally, English law forbade the selling of invoices unless the debtor was notified in advance. Of course, the United States developed its own government. In the late 1940s United States almost wholly adopted non-notification factoring arrangements and witnessed a boom in factoring in textile industries and transportation industries.

Another type of factoring exploded on the seen with the introduction of credit cards. A credit card is a form of factoring where the credit card company advances the retailer and the service provider the cash before the individual actually pays for the invoice. The retailer and service provider are charged a small fee, but they are spared the hassles of financing the individual on their own and having to wait for that person to pay for their service or product.

Today, the purpose of invoice factoring has not changed. Factoring allows the business owner to operate his day-to-day business without the consequences of cash flow interruption. Factors purchase commercial accounts receivables or invoices from a business at a discount giving the company the opportunity to use and invest that cash right away,

About the Author

Thomas McCarthy has designed, developed & implemented financial systems for many years. Thomas was a Factoring customer for over 7 years Download our FREE EBook "Growing Your Company Without Debt" learn how Invoice Factoring may be right for your company at: http://www.dfsfactoring.com

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