The formal networks are those based upon well defined relationships. That is people know how and why they interact. E.g. The boss and the salon workers, vendors and the office manager, etc. Informal networks or relationships are not based upon strong relationships, but rather informal relationships. Networks between and among the customers would be informal. Peer workers may form informal networks. Think of them as clicks Hope this helps. Good Luck.
Wednesday, July 22, 2015
What are formal and informal networks to hairdressing salon? -
In the continental US does location have any impact on a mail order/internet based retail business? -
sometimes. your actual shipping costs can be reduced if you ship from a location close to most of your sellers. if you charge a flat rate for shipping, your profit is increased.
Small business owners. What do you think of this method we use of invoicing? -
I run my own business. I always email my invoices out. 30 days credit is exceptionally generous and I d never offer a 5% discount because it somehow cheapens the service you offer. It s like saying we re over-charging you 5% and it encourages people to take you up on the 30 days credit offerIf you want my advice I would drop the 5% discount the 30 day credit. I d put a line on the invoice saying that payment is due within 7 days. If they haven t paid in 10 days I d hurry them up.By giving them 30 days you re increasing the chances that they ll forget. Bits of paper do get lost. At least if you email the invoice there s a permanent record.Make sure you re sending the invoice to the right person (which probably wont be the person who authorized the work). Include the job number etc.Don t negotiate your terms. Tell them 7 days, that s it! It s a professional service you offer not a credit facility - you re not a bank so don t encourage your clients to view you as one!!
I can see your point and theirs. Here s how I d go about doing it. I d continue to offer the discount if they paid then and invoice those who didn t. It s not about who s right or wrong it s about how quickly you collect your money. If sending invoices gets your money quicker then do it. If you are having to waste time and have the extra expense of chasing down those accounts anyway then you haven t lost any time or money by invoicing them. Since you are emailing the past due invoices it shouldn t take much extra time or money to go ahead and send them the invoice before it is late.
It is no big deal to prepare an invoice, from what you describe. It is very unusual for businesses to pay for goods without an invoice, so you are cutting off your own nose to spite your face if you refuse to do this.It s not double the paperwork if he uses a duplicate or triplicate book to write the original bill. He gives the original to the customer at the time he does the work, and the duplicate can be filed as your record (and if you really are averse to typing an invoice, a photocopy of this would suffice).You have to remember that the purpose of having a business is to make money, so getting this part of your business working well is vital.
As a business owner, I never pay anything without an invoice. Paperwork gets lost. Billing accounts receivable is the responsibility of your business, and once I get that invoice it becomes my responsibility to pay it. But if it is a credit account, I expect a bill at the time the account becomes due.
Need to make our stand stick out at a trade fair? -
Anything in Neon, or hang the cd as ornaments off the booth hope this helps...
Writeup matter / draft for a proprietorship trading firm? -
When there are multiple owners of a business it s normal to write up an agreement describing how the partnership will work. You don t need one if you re a sole trader.If you mean how to write a business plan then this may be helpful: http://www.google.com/#hl=en q=How+to+wr��
Is $3100 a month alot of money? -
If you re single then it would be enough though you won t be able to afford too many luxuries. Mostly just enough to get by.If there s more then one of you, such as a girlfriend, wife, kids, whatever, then it wouldn t be enough unless they are earning money too, more then $3100 a month.For a full time job it s not that good of a pay at all. If it s a part time job then that s great!
thats alot compared to what i am going to live off of. you can comfortable live off of 900-1200 dollars if you can stretch it correctly. so 3100 is a ton of money!!!
No...That s just enough to live fairly well if you re single...
for a single person, yeah... its enough
Do you have to have a registered business to buy......? -
You may be able to contact them but most will require you to have a tax id because they sell without the tax and it is up to you collect in the future (from the end user).
I think you could just have to go on the manufactuars website if they have one.
How old do you have to be to start a business? -
that depends on the volume of your business:for doing neighborhood chores and grass cutting, snow shoveling etc for pocket $$, you can start as young as your parents/guardians allow.for setting up a proprietorship, LLC, or an S/C corporation as well as applying for an Employer Identification Number (EIN) or Tax identification Number (TIN) that s different from your SS# you need to be 18yrs old.
i don t think there is an age limit as long as you re capable of getting it started. however, if you want to start a new company that is it s own legal entity you might need to be old enough to fill out the paperwork.
i think it is don t have the relation with the age.....Now I only 24....but I have do the business of the jewelry for about 5-6 years....very well.....
Old enough to handle your own money, get a checking account, write a check, put an ad in the newspaper.
any age with prenatal consent 18 for most things tho
How do i start a wholesale produce business? -
Do i need a licenses to sell cigarettes and Tobacco? -
everywhere in America, yes.licenses for this come from the state. you may also need local licenses. check the appropriate websites.
Yes you need a lincense! You will need lots of checks etc.Try contacting maybe your local council or government.
What is the best way to get a start-up loan if you need it to purchase the equipment to start the business? -
Let s start with this: forget banks. Banks historically don t like to lend to small companies without several years of operating experience. And in this economy, the environment has become even tighter, as banks are trying to clean up their own balance sheets and refusing to lend even to companies who might have been great opportunities in the past. So, while there are a few loan programs out there through the SBA and such, my suggestion would be for you to connect with suppliers, especially the manufacturers of the equipment to determine if they would be willing to become a partner in your venture. Since they have a vested interest in having you as a customer, many businesses are looking for creative ways to finance growth. When I was in the magazine industry, we were able to get fine credit terms from our printer, as they were eager to have us as a client. Those are the first calls I d make if I were in your shoes.
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if the business is new - the only loan you will get is going to have to be personally guaranteed or will require collateral like home equity and if you are not willing to share the risk with the bank, why would they help you? A business plan is almost a requirement also
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Can I operate 2 different business parallels under one single company? -
If you re thinking of forming a corporation or LLC you can form one and then have two different fictitious names owned by the legal entity, which would be the corporation or LLC.
sure - just make them divisions of the same company - as for multiple Fictitious Names - that s another matter and that will cost you money
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- What are formal and informal networks to hairdress...
- In the continental US does location have any impac...
- Small business owners. What do you think of this m...
- Need to make our stand stick out at a trade fair? -
- Writeup matter / draft for a proprietorship tradin...
- Is $3100 a month alot of money? -
- Do you have to have a registered business to buy.....
- How old do you have to be to start a business? -
- How do i start a wholesale produce business? -
- Do i need a licenses to sell cigarettes and Tobacc...
- What is the best way to get a start-up loan if you...
- Can I operate 2 different business parallels under...
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