Business Finance Expert Series: “what Every Business Owner Needs To Know About Factoring”

Factoring is a promising way to stimulate the cash flow of a company. Its growing popularity can be gauged from the statistics that factor finance approximately amount to $70 billion in United States each year. In United Kingdom it represented a total volume of £104.4 billion in 2002.

However, before leaping on the factoring (http:// www.hjventures.com/factoring/factoring.html ) bandwagon it is important for the business owner to know what makes a business suitable for factoring?

- Before making any decision the owner should have a list of his customers and they should be in sufficient number

- No customer should contribute over third of the turnover

- Customers are needed to accept the standard payment terms of the industry.

- Period of credit given to the customers should be reasonable

Following factors make a business unsuitable for factoring:

- When there are too many small invoices ( http://www.hjventures.com/factoring/invoice-finance.html )

- Factoring is unsuitable when it is sold to the public. It is only available for sales to commercial customers

- There is a provision for the customers to make part payments  Read more...

Posted: 7th July 2010 under Business.
Tags:About, Bandwagon, Business, Business Factoring, Business Finance, Business Owner, Business Owners, Cash Flow, Commercial Customers, Direct Contact, Every, Expert, factoring, Factoring Invoice, Finance, Finance Business, Finance Expert, Financial Information, Glossary, Good Understanding, Invoice Factoring, Invoices, Know, Needs, Owner, Popularity, Provision, Queries, Series, Turnover
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10 Ways to Earn Even More Money From Writing

One thing that every writer wants to know is how to earn more money from writing. This is because being a writer can be a fickle business sometimes and so you need to have as many sources of income as possible.

You also need to use your time wisely to be able to write as much as you can and be as productive as you can. You need to use the phrase “Don’t Get It Right, Get It Written” as often as possible to get you off the starting blocks and writing as much as you can, instead of trying edit your work and be as perfect as possible as you go along. It’s so much easier to just start writing and don’t stop till you’ve finished and THEN go back and edit your work later. Remember that writing and editing and two different jobs and should never be done together.

But what you really want to know is how to earn more money from writing. And below are 10 easy ways for you increase your writing income.  Read more...

Posted: 3rd November 2009 under Writing.
Tags:Copy Writing, Current, Different Writing Styles, Earn, Earn Money, Earn More Money, Even, Ezines, Freelance Markets, From, Good Understanding, How To Earn More Money, Jobs, Knowledge, Magazines, Money, More, Phrase, Prolific Writers, Ways, Writing, Writing Style
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