Manji

Fixed Price Contracts For First Time Customers

admin — Sat, 19 Jan 2008 06:01:14 +0000

Fixed price contracts are the best and safest method when working with a customer for the first time. This puts the customer as ease and it reduces your risk of not being paid at all. With this first fixed price contract your main objective is to establish the willingness and ability to pay. After that you can build the relationship.It’s important to note that when you establish a fixed price contract you do that with a customer - not a client. Until a customer has proven that they’ll be with you through the duration they are a transaction related customer. They are not a long-term client yet. When you first start out with somebody if you set up a price fixed contract the customer will be a lot more receptive because they perceive lower risk.This perception may mean a lower margin for you because your fixed price contract is less per hour than you normally charge. Don’t worry about this. The more important objective here is to turn this customer into a client after you have established the willingness and ability to pay.Fixed Price Contract ConditionsDoing price fixed contract work is only viable if you have very a defined project. It is very difficult to do with an emergency service call. You don’t know what you’re walking into. Keep that in mind. Don’t do foolish things like committing yourself to spend three days on a server rebuild for a fixed rice contract of $250.Include in every fixed price contract two or three sentences that explain that it is subject to credit approval. If you grant credit, always leave yourself an out if they refuse to give you a credit application or the credit application is incomplete. This first fixed price contract is the riskiest. Because of this you want to do things that are in your own best interests.The Bottom Line on Fixed Price ContractsThe key thing to remember with fixed price contracts is that you are more likely to get stuck with the first bill with a new customer than anywhere else. Use fixed price contracts as way to entice new customers and to lower your risk of nonpayment. Your goal is to turn these fixed price contract customers into long term clients but first you need to know how willing and able they are to pay their bills.Copyright MMI-MMVI, Computer Consulting 101. All Worldwide Rights Reserved. {Attention Publishers: Live hyperlink in author resource box required for copyright compliance}

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What Is Dropshipping? Finding Dropshippers, Its Advantages And Pitfalls!

admin — Sat, 19 Jan 2008 05:01:14 +0000

Dropshipping is a type of retailing where the retailer does not keep goods in stock, but instead passes the customer’s order and shipment details to the wholesaler, who then dispatches the goods to the customer directly. The retailer makes their profit on the difference between the wholesale and retail price. Some retailers may still keep “show” items on display in stores, so that customers can inspect an item similar to those that they can purchase. Other retailers may only provide a catalogue or Internet presence.Drop shipping can occur when a retailer receives a single large order for a product. Rather than route the shipment through the retail store, the retailer will arrange for the goods to be shipped directly to the purchaser.Let us assume, you purchase an item from a dropshipping site for $20.00. You would sell that item for a price determined by you; let’s use $35.00 plus $4.50 shipping for an example. After you collect the total payment of $39.50 from the customer and their mailing address, you would forward the $20.00 plus $4.50 for shipping to the wholesaler, and keep the $15.00 as profit, never having to touch the product, as the wholesaler ships it out to the customer.In short, dropshipping is simply selling products for wholesale companies, sending them the address of the person who bought from you, and they ship the product to them. This is an incredible opportunity, most times for the cost of a meal at a restaurant, to start a profitable eBay business.Many sellers on eBay also drop ship. Naturally a seller will offer an item as new and ship the item directly from the wholesaler to the highest bidder. The seller profits from the difference between the winning bid and the wholesale price, minus any selling fees from eBay.Finding DropshippersStartups and individuals new to the dropshipping world generally face severe difficulty in finding legitimate and authentic dropshipping companies. Several online directories have popped up in recent times on the net which help to make this task easy. Its best online example can be seen by working of the famous online dropshippers directory http://www.aidandtrade.com.Whilst looking for dropshippers, there is a general misconception that dropshipping companies who charge an initial fee to sign-up and open accounts with them are not considered genuine. Although this might be true in some cases however the reason for charging this fee is that, these companies want to make sure that they are dealing with genuine traders and not individuals merely looking for quick bargains and one off items.Advantages of DropshippingWorking with dropship companies has numerous advantages for small companies and individuals looking to earn part time or even full time income. Following are some of its benefits.- The dropshipper researches for products and provides their lists/catalogues of available items at trade prices - one can sell any of these items by any method they wish.- The dropshipper acts on the order - Only when the item has been sold and the payment has been received, the dropshipper is asked to fulfil the order.- The dropshipper packages the orders

How To Detect Fraudulent Wholesalers And Companies?

admin — Sat, 19 Jan 2008 03:01:14 +0000

Recently there has been an influx of fraudulent wholesalers and dubious bulk discount stores on the net. This article concentrates on how to detect such companies and what necessary checks must be carried out before investing in any business venture.To detect whether the wholesaler or the company, being dealt with is genuine or not, these checks must be considered.- A professionally designed website with a good layout is not an indicator that the business is genuine. A lot of wholesalers do not have great looking sites but are registered and authentic businesses. Never EVER get convinced by the design of the site.- Ensure that the wholesaler accepts payments via credit/debit cards and other online payment methods like paypal, nochex etc. If the company ask you to wire (BACS) money directly into their account then avoid trading with them as most definitely they are scamming you. Card payments in most cases can be easily traced and charged back whereas with money transfers, once the funds have left your account, they are gone forever.- Try to talk to a representative of the company on the phone, it is always nice to talk to someone and clear your doubts.- Visit their contact page and look for their contact/postal address. Try to determine whether it is a physical postal address or just a mailbox. If it

Invoicing In A Successful Computer Consultancy

admin — Sat, 19 Jan 2008 01:01:14 +0000

Invoicing is an administrative task that requires attention to detail. You have to attend carefully to your invoicing on a regular basis. If you don’t you will lose money that is easily avoidable. Follow these simple invoicing procedures for maximum efficiency:Invoicing ProceduresIf you are invoicing for a previous week’s invoice and a current week’s invoice, include a statement of account. This puts their overdue balance right in front of them.When invoicing, if you are sending an overdue notice stamp it

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admin — Fri, 18 Jan 2008 21:14:50 +0000

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