May
04
2009
1

What is debt factoring and invoice discounting?

Without cash flow, your business will end up like these cogs: unworkable (photo by ralphbijker CC-BY)

If your company sells goods or services to other companies, you will normally offer credits terms once you are satisfied with the their credit worthiness. Occasionally a purchaser will default on their payment by delaying payment of the debt, or even worse, going into liquidation. This often causes havoc with your cash flow, squeezes your [more...]

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May
01
2009
0

What is Trade Credit Insurance?

No worries over trade credit insurance for this business (Photo by Gordana Adamovic-Mladenovic CC-BY)

If you are in the business of selling goods to other companies, then it is normal business practise to offer the purchasing company credit terms once they have established their credit worthiness. Occasionally, a purchaser will default on their payment by going into liquidation or delaying payment of the debt. This can be a very [more...]

Apr
19
2009
0

What insurance do I need when starting a business?

Will I need fire insurance for my new business? (photo by Ed CC-BY)

If you are starting up a business in the UK, one of most important things you must consider is insurance. There are many types of insurance. Some are required by law, while others you should consider to ensure that you and your business are protected. As to what types of insurance, it depends on the [more...]

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Mar
16
2009
0

How many credit cards and debit cards are there in the United States?

Pile or stack of credit cards (photo by Andres Rueda CCBY)

Credit cardholders According to the U.S. Census Bureau,  there were 173 million credit cardholders  in the United States in 2006 and that number is projected to grow to 181 million in 2010.(1) Number of cards There were 1,488,000,000 credit cards in use 2006 and that number is projected to grow to 1,618,000,000 in 2010. Number of cards         2006      2010 projected (mil) Total                        [more...]

Mar
02
2009
0

What is the size of the diet meal home delivery market?

Veal Chop with zone style salad (photo by Neeta Lind CC-BY)

Diet meals and snacks delivered to your home is a convenient option for losing weight. Home delivery diets is one of the fasting growing segments in the weight loss industry. According to a recent research report, home delivery of prepared diet meals is worth approximately $1 billion. This is a rapidly growing market and it is [more...]

Feb
27
2009
1

How many dog and cat owners are there in the United States?

Photo by  Qole Pejorian - CC-BY

According to the AVMA (1),  there are more than 72 million pet dogs in the U.S. and nearly 82 million pet cats. Ownership A little more than 43 million households own dogs and nearly 37.5 million households own cats. The average number of dogs per household is 1.7. Cat owning households have an average of 2.2 cats. DOGS Percent of [more...]

Feb
26
2009
0

How many pharmacies are there in the United States?

(Photo by Clean Wal-Mart CC-BY)

There are more than 56,000 pharmacies in the United States. The NACDS  reports that there are over 39,000 pharmacies operated by traditional chain pharmacy companies, supermarkets and mass merchants. In addition there are  nearly 17,000 independent pharmacies. (1) Walgreens and CVS dominate the drug store chain market with the largest number of stores and the highest sales. According [more...]

Feb
26
2009
0

Where can I find information on a company in Jersey?

Mont Orgueil, Jersey (Photo by Luc Van Braekel CC-BY)

Jersey is an important off-shore banking and finance centre. If you are thinking of conducting business in Jersey, either incorporating a new company there, or you need to check out your potential customer or business partner and their previous commercial experience, then the Jersey Company Registry is the place to start. On Jersey, the Director of [more...]

Feb
10
2009
0

What is the Pareto principle?

Picture of pie with slices

The Pareto principle is popularly known as the 80-20 rule, and is the idea that 80 percent of the results are connected with 20 percent of the causes. A few examples: In a society, 20 percent of the people may have 80 percent of the wealth. This is an actual discovery of Italian economist Vilfredo Pareto, [more...]

Feb
03
2009
0

Where can I find details of a company in New Zealand?

Reflecting on business in Wellington (photo by PhillipC CC-BY)

In New Zealand the government body responsible for the Companies Register is the New Zealand Companies Office. It records information on limited liability companies – both domestic and overseas companies carrying on business in New Zealand. It also records on a separate register, information on other entities such as building societies, charitable trusts credit unions [more...]

Jan
14
2009
0

How can I find out who are directors of a UK company?

Who sits in the board room? (photo by victoriapeckham CC-BY)

For a person with no business knowledge it may sometimes seem a daunting prospect to find out who the directors of a UK company are. However, it is relatively easy, and most importantly, inexpensive to find out. You can also find other information such as the company’s accounts and annual returns, and their Registered Office [more...]

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