Business Archives - Page 17 of 39

Oct42019 by Paul LinusNo Comments

Guide for Americans applying for Chinese business or work visa

Business, Travel

Business people heading to China have a few options for the type of visa needed. The F visa is designed for those doing business short-term in China, while the Z visa is for expatriate workers hired by a Chinese or international company to work and earn a salary while in the country. Both can be issued by the Chinese Embassy, a Chinese consulate office or from within China itself. The F Travel Visa – For People Doing Business in China The F visa is considered a short-term business visa and is designed for people who are doing business, internships, scientific or cultural exchanges or other activities that don't involve full time employment with a company located in China. The F visa is available for six months or one year. The six month visa can be renewed once in China. After...

Sep302019 by Paul LinusNo Comments

Understanding personal bookkeeping for long term expenses

Business

Personal bookkeeping - Most beginning business people and personal bookkeeping do not full comprehend the differences between expenses and amortized assets. This can be confusing, at first, since these are all items that must be paid for and therefore expensed in a business. However, the easiest way to think of the difference in personal bookkeeping is to think that items that must be amortized – fixed assets – are those items that will be contributing to the business over a longer period of time, usually more than one year. Defining an Asset versus an Expense in Personal Bookkeeping Understanding an item that is a simple expense, and therefore doesn’t require amortizing (depreciating the cost of the asset over more than one year) is another approach. Items that are expensed immediat...

Sep282019 by Paul LinusNo Comments

How to get funding for a new business

Business

Many with a good business idea or concept believe that, if only they had the necessary funding, they could go into business and be successful. That's only partially true. The other part is that if they really want to go into a business, they should write their idea (develop a business plan) and approach some investors. Almost a business corollary to that is that they probably should develop their business, products and operate on a small scale (in their garage) to prove their concept while approaching investors. The real question is, who to approach? Commercial Banks, Venture Capitalists or Angel Investors Obviously, if one's business model goes beyond a very basic level, outside funding must be sought. Normally, the entrepreneur's personal resources will typically be invested im...

Sep262019 by Paul LinusNo Comments

Self-employed bookkeeper tips, small business bookkeeping solutions

Business

How do I keep accounting books for my small business? How do small business keep accounts? Small business bookkeeping: Small businesses may prepare accounts in order to calculate whether or not they are working profitably for their own information just like self-employed bookkeeper, but pre-eminently they do it to comply with the demands of the relevant tax authorities. Accounts are prepared from what are known as “Books of Prime Entry”, which essentially in the small business context, means a “Cashbook”. Greater complexity results when computerized ledgers are used, but the entry point to them is often a “cashbook”. Simply stated in small business bookkeeping guide that a cashbook records the transactions undertaken by each different manner in which purchases are made. Therefor...

Sep232019 by Paul LinusNo Comments

ERP modules: Reviews and prices comparison

Business, Technology

The total cost of an ERP modules (Enterprise Resource Planning) solution includes software packages prices, hardware prices, and ERP implementation costs. It ranges from ten thousands to ten millions of US dollars dependent on the number of users, complexity of the solution, the ERP modules vendor, and the implementation locations such as US, UK, Canada and Australia. Costs and Prices of Top Commercial ERP Modules Management Systems The best commercial ERP modules vendors usually provide good support services for their clients. Their products include Tally, Microsoft Dynamics (Navision), Navy, mySAP and Infor. The price of a commercial ERP system could be as high as $20 million plus a few million dollars per year for maintenance services for a client with 1,000 users. There are va...

Sep212019 by Ruchi GuptaNo Comments

Using Warehousing Solutions to Streamline Your Business

Business

Any sort of customer-facing business needs to get products to the customer in an efficient and timely manner. While large corporations can often draw upon a warehouse team and fulfillment service, smaller companies need more agile solutions in order to compete effectively. This is where warehousing companies come in. With the service of another company’s warehouses in Toronto, your small business can fulfill your customers’ orders without delays and with more efficiency than ever before. Pick and Pack Services If you have a specific category of items that you sell to customers and they can all fit within one warehouse, you should consider pick and pack services for your small business fulfillment needs. Pick and pack services use warehousing companies in a specific area to ...