Invoice Factoring Quotes

Around the world, factoring is a growing source of external financing for corporations and small and medium-size enterprises (SMEs). From:The Role of Factoring for Financing Small and Medium Enterprises

Owing to the ever-increasing pressure on space, as retailers continue to extend private label ranges, there is a risk of branded products being moved to less-optimal locations, having fewer promotional slots and facings or being delisted. Manufacturers cannot wait for this to happen before reacting; they must be proactive in making the case for their brands. While the absolute cash and margins on private labels may be higher for the retailer, the manufacturer has to shift the focus to total system profitability. Many factors favour manufacturer brands when total profitability is considered, including: Sales velocity: Shelfspace turnover is often higher for manufacturer brands. The velocity of leading manufacturer brands is often 10% higher. Profit per linear inch of shelfspace. Discounts and off-invoice allowances: Includes slotting allowances, listing fees, promotional deals, advertising and merchandising allowances, and credit for return of unsold merchandise. Promotional and advertising fees. Provision of ‘free’ logistics services: Includes transportation, warehouse and store labour, and merchandising help for the retailer. Manufacturer brands usually retail at higher-than-average prices: Even when the net margin on manufacturer brands is lower, the absolute cash profit per unit may be higher.

Politely utter the magic words “kōngtiáo” (pronounced “kung tee-ow”) or “qǐng kāi lěngqì)” (pronounced “ching kai lung chee),” meaning “please turn on the air-conditioning,” and the driver will usually oblige. On longer trips, be sure to take down the number of your taxi so you can report the driver if he “takes you for a ride” or if you leave something valuable in the cab that you need to retrieve. Do not assume you’re being cheated, however, if the taxi driver asks you for several yuan more than the price on the meter. In recent years taxis have added a fuel surcharge (what is called the “Beijing Taxi Special Invoice Of Bunker Adjustment Factor”!). So if the meter says 20 yuan, for example, get ready to pay 22 or 23 yuan. Also be aware that taxi fares in cities like Beijing and Shanghai are a bit more expensive late at night than during the day. Of