With the changing needs and demands of modern living, you need to be synchronized with the demands and trends of modern life. Not so long ago, people are unlikely to have seen things that have become more commonplace in the modern world. One of the most common things that became part of the day to day life was the practice of visiting the pool more than once a week and rejuvenate your body and mind. Not to be confused to be intended only for...more
Not having a properly drafted letter of intent may lead to loss of business as well as ambiguity in setting out the proposed terms of an intended sale. After all, when thinking of buying a business, the intentions to buy should be clearly set out at the very beginning. To get the best out of the proposed deal, it is wiser to obtain a well-prepared, complete and authentic Letter of Intent rather than use untutored and inexperienced methods to draw...more
A reseller is a company or an individual who purchases goods or services in order to resell them, instead of consuming them for personal use. It is usual for resellers to make profit from their entrepreneurial endeavor. A prime example of this is in the telecommunication arena where major companies first buy up more than their requirements of transmission capacity and then sell the surplus to small carriers who in turn sell it to the customer for profit.The reseller agreement is a mutually agreed upon contract that spells out the terms of service between the seller and the reseller. It defines the products that are to be resold by the reseller and at what price they will be sold. It also sets out reseller purchase discounts as well as policies concerning returns. After acceptance of the agreement, the reseller will enjoy the right of buying all the products and services from the seller. This agreement ensures that all the terms and conditions relating to the agreement are signed by both parties. It then forms the basis of all ongoing business dealings between seller and reseller.The end user is bound by the terms of the license agreement that accompanies each product sold. The...more
When purchasing the assets of a company, finding a good letter of intent may not be easy for everyone nor may a good one be easily available especially when you are in need of it most. You may have a general idea and some time to spare to write one for yourself, but you might be slamming the door on yourself if it does not turn out to be effective...more
Daily you are leading others. You guide them and hope that they will continue to improve, produce, stick around, and crate the results that you have asked for. Are you providing the same sort of TLC to your own leadership skills, behaviors and attributes? Likely, the answer is no, but perhaps you do. That would mean you work on it, practice new...more
When someone is running a small local business, they can make the absolute most of their marketing budget by making sure they leverage their internet marketing tools. The internet is the one place where a small company can actually have a legitimate chance to compete with their larger competition. The most traffic online comes from search engines. People go to a website like Google and enter a phrase relating to a subject that they are interested in. Then the search engines return results based on its algorithm and the keyword used. The art of getting your site to rank higher in the listings based on certain keywords is called search engines optimization. Search engine optimization has been a gigantic industry over the last several years. One of the more recent trends that have emerged has been examining the power of local search. Local search engine optimization allows a website to target a ranking based not only on the topic that is contained within its pages, but also based on the location that the small business is located in. A very important part of achieving these kinds of rankings is making sure that you have your site listed in local directory listings. This especially...more
Are you feeling a little toasty this holiday season? Would you love to be one of those people who can stand up at the drop of a hat and offer a clever toast? Do you hold back because you aren't sure what to say or do you resist the urge because you...more
As the end of the year rapidly approaches, the Tax Working Group is hard at work reviewing the current tax system of New Zealand. The Tax Working Group is a consortium of professionals in academics, government, and industry whose expertise shapes the...more
Normally, gold is priced relative to the global value which is based on global demand and global supply. A gold mine shuts down at the same time as the people in the area start wanting to buy more gold... and the price just about stays the...more
Around this time the previous year, plenty of businesses need to freeze spending. All indications are that the recession is almost gone, so small businesses can get back to normal. Therefore, today is a great time to consider what the recession has...more
While doing business in Europe it is extremely important to be aware of the cross-culture differences. Bearing in mind the cultural influences of a country are crucial for the success of your business. Are you planning to start out a new venture in...more
Waiting 30, 60 and 90 days for customers to pay invoices is one of the most difficult challenges small and mid-size businesses face. It can be particularly hard to manage your business when you're waiting for clients to pay.Invoice factoring is a...more