Monthly Archives: December 2020

Everything You Need to Know About E-Commerce

E-commerce is booming during the pandemic, presenting a big opportunity for entrepreneurs to set up shop and start selling bandar poker resmi. Here’s what you need to know about this type of business.E-commerce has surged during the pandemic, enabling businesses to survive and thrive.

You don’t have to spend much money on overhead when you run an e-commerce business compared to a brick-and-mortar store, and it gives you access to a worldwide audience.
There are some inherent challenges to running an online store, such as the increased risk of fraud and high rates of cart abandonment. This article is for people who are interested in launching an e-commerce business and want to learn the basics. Selling products and services over the internet took on new importance during the COVID-19 pandemic, as business owners and consumers had no choice but to embrace e-commerce.

That shift is here to stay, presenting opportunities for small business owners to thrive online. But before you set up your internet shop, you have to understand how it all works. Key takeaway: E-commerce exploded during the COVID-19 pandemic, and the new online shopping habits aren’t going away, which means opportunities abound for small businesses to launch e-commerce websites.

How to Add Value to a Mentor-Mentee Relationship

As a mentee, it can be easy to fall into a pattern of asking a lot of your mentor without giving anything in return Situs Nonton Movie Sub Indo. While your mentor might be happy to provide you with advice regardless, it’s still important to think of some ways to show your appreciation and make yourself available for your mentor.

Salemi said, at the very least, it’s important to prove you appreciate the relationship by valuing your mentor’s advice and time – if only by arriving at meetings early or adjusting your own schedule to make a meeting more convenient for your mentor. Young professionals may not have a lot to offer their mentors, but they can offer them respect and appreciation.

“You can be a great mentee to your mentor by following up when you say you’re going to – staying on their radar – because chances are, if they’re the right fit for you, they’ll appreciate providing information,” Salemi said. “Thank them, acknowledge them, don’t squander their time.”

How to Write Invoice Payment Terms

Sometimes, your invoice is the last situs slot online communication that you have with your client and its very important to leave lasting impression. At ProfitBooks, we’ve seen many businesses suffer from late payments due to improper invoice payment terms. In this post, I’ve explained how to write invoice payment terms that can help you get paid faster.

A payment term indicates the number of days that are available to the client to pay for the goods or services that have been rendered by the supplier. Any business requires a steady working capital to meet its operational expenses like salary, logistics etc. as well as funds for continued expansion. Payment delays can disrupt the cash flow resulting in shortage of cash that is required to purchase raw materials in order to manufacture the end products and / or grow the business through acquisition or merger. This is especially challenging for small businesses or start ups who cannot afford the payment lag. Hence, the need arises for optimal payment terms and clarity in payment term representation on invoices.

Here are 5 tips for writing effective invoice payment terms

1) Invoice Wording
It is important to come across as polite and professional while wording your invoice. Friendly phrases like ‘Please make the payment on time’, ‘Kindly pay your invoice within XX days’ and ‘Thank you for availing our service’ can increase the payment probability by more than 5 per cent. Politeness creates a positive image of the company and increases the likelihood of getting paid on time.

2) Itemised Layout
A detailed description of the invoiced items e.g. Date of goods receipt, description of goods delivered, price per unit, total price, tax amount etc. will ensure that that the vendor is clear about what he or she is paying for and the invoice has a better chance of getting paid on time. Likewise, it is important to ascertain with the customer as to what all details are mandatory and should be mentioned on the invoice to avoid invoice rejection and payment delay. Many vendors have specific requirements like provision of Purchase Order number, invoice to be made attention to a particular person or department, bill to / ship to addresses etc. on the invoice copy. Non-adherence to these specifications can adversely impact timely payments.

3) Days vs. Net
While terms like net 30 or net 45 are common in business parlance, yet they are less popular amongst those who have limited understanding of finance terminologies. Terms like ‘Due on receipt’ are vague and subject to one’s own interpretation. Usage of words like ‘days’ instead of ‘net’ and inclusion of specific payment terms like ‘Due in 60 days’ have a better prospect of getting through to the customer with increased chances of timely payments.

Bondi house collapse under investigation amid concerns more of building could fall away

An investigation is underway into what caused the partial collapse of a house in Sydney’s east, after an exterior wall crumbled while two people were judi online inside.

Bricks and windows from the bungalow on Curlewis Street, Bondi, cascaded into an adjacent construction site about 5:00pm Thursday, in an event neighbours said sounded like an “explosion”.

The 84-year-old owner of the home and her son-in-law were inside the house when it fell apart but were not injured.

On Friday morning, the interior of the property’s bedrooms could be seen from the street, and engineers are visiting the site amid fears more of the house could fall.

Rescue teams say it appeared that the foundations of the house were undermined by construction work at the site next door.

TC Build, the company responsible for the neighbouring building site, removed its signage from the area after Thursday’s incident.