2007 May
In days gone by, if you were a large company you may have employed your own Financial Director to watch the markets, or maybe someone from your bank was assigned to your account to specifically deal with your overseas transactions. Small and medium companies were left to fend for themselves. When a payment had to be made to an overseas supplier, the bank was instructed to send the payment and deduct the currency equivalent from their account. This led to high charges and poor rates of exchange; but the market has changed. Independent traders offer not only competitive rates but... Read more
Tags: Accounting, Andrew Parsons, Apfx Services, Finance, Finance and Accounting, foreign exchange
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Anfao in conjunction with the Foreign Trade Institute organized the first in-flight eyewear fashion show held
on a chartered Eurofly jet from JFK Airport in New York.
Flying over the Atlantic Ocean, over 30 journalists were treated to a lively fashion show hosted by Kristen Grove, model and MTV VJ. What better way to view next year’s collections? Colorful and trendy frames as well as funky styles were modeled, including many vintage and collectible frames.
That evening was kicked off with an elaborate fashion show Featuring all the styles from past eras Andie Macdowell was one of the presenters for... Read more
Tags: accessories, article, eyewear, fashion show, Mido show, Product Sourcing, review, source, sunglasses
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I often receive inquiries from workshop participants, clients, and visitors asking, "Where do I start?"
There are many aspects of international trade to learn. I have been studying and practicing in this field for years, and I can honestly tell you there is no quick way through all of the information. It’s a matter of persistence and patience. In addition, every single venture is different and presents unique challenges. But it can be done, and if you pursue it further than the next person, then you win. So hang in there. You can do it!
With that said, here are... Read more
Tags: Doing Business Internationally, export, import, The import export coach, tips advice
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Such a tremendous growth in manufacturing and production in China has been heavily influenced by the rapid development of major industrial centres and cities, such as Beijing and Shanghai. Many traders believe that to make a quick dollar all you have to do is go to China and find the manufacturers of a well-known designer brands, asking them to produce an extra run for you. While this may be a good approach, you have to be very careful of which suppliers you are dealing with. There is also a so-called ‘dark side of the moon’. You may find it extremely... Read more
Tags: advice, china, Doing Business Internationally, ezinearticles.com, john kovanski, manufacturers, overseas product sourcing, Product Sourcing, profit-k.com, small business, source, suppliers, tips
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General Corporation
A general corporation, also known as a "C" corporation, is the most common corporate structure. A general corporation may have an unlimited number of stockholders. Consequently, it is usually chosen by those companies planning to have more than 30 stockholders or large public stock offerings. Since a corporation is a separate legal entity, a stockholder’s personal liability is usually limited to the amount of investment in the corporation and no more.
Subchapter S Corporation
A Subchapter S Corporation is a general corporation that has elected a special tax status with the IRS after the corporation has been formed.... Read more
Tags: business model, business plan, business structure, corporation, LLC, Starting a Business
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Most professional sellers specialize in a particular niche market. This means that you are an expert in that product type. It may seem inconsequential to you, but that knowledge can be put to good use to build your business. By writing reviews of your products, or guides about something relevant to that product type, you are showing potential buyers that you are an expert in that product. Instantly, you have become more credible as a seller. But don’t forget that some of your active items also display on the review/guide page. So if you have a well-written, detailed review of... Read more
Tags: 20 Questions to Ask Before Selling on eBay, advice, boosting traffic, E-Commerce and E-Business, ebay, Lissa McGrath, Marketing, Marketing Your Business, online auctions, tips
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