Know about insolvency and liquidation services

Know about Insolvency and Liquidation services

Any business is started with the aim to make profit from its commercial activities but sometimes a business house fails to meet its monetary commitments due to the mishandling of financial means and lands into deep problems. All the commercial activities become stagnant without the proper provision of finance. Apart from the mishandling of finance, there are other reasons responsible for the failure of the operation and one of them could be not getting the settlement from the debtors. The company has diverse obligations to run its operation successfully by paying salaries to the staff, paying to their suppliers and paying for the services obtained from the various sources. But due to the constant financial shortage leads them to declare their total inability to pay anything and as a result the huge debts piles up to be settled. The situation comes to a point where the owners of the company don’t see any other alternative then to declare insolvency and the role of insolvency practitioner starts from this point. There are many insolvency practitioners offering diverse types of insolvency services and Leviconsulting.com are one of the most reputed and trustworthy name in the field of offering insolvency service. They are well connected with all the courts and familiar with the complete legal activities. Their approach is simple and positive result oriented. Their professional team is consisting of expert lawyers and accountants who are specially trained to find out the exact cause of the failure of the company. First of all they investigate through the auditing the accounts books and other financial transaction and come to a right conclusion. If the insolvency is to be declared due a huge unsettled financial recovery from the debtors then they would put their best efforts to call an urgent meeting of all the debtors on behalf of the client and ask them to settle the due payment at earliest explain them the present financial condition of their client. Once they agree to pay within certain time limit then the insolvency practitioner would contact all the suppliers, explain them the situation and request them not take any harsh legal action or stiff follow up and assures them of the settlement of their outstanding. Thus the insolvency practitioner becomes the bridge between the customers and their creditors. The main task of any reputed insolvency practitioner is to save their client declaring the insolvency as once the insolvency is declared legally; it would be very difficult for a business house to restore their reputation again into the market. Even the plead the case in the court asking for some tax relief for their client till the client acquire the healthy financial position again.

International personal finance plc — financial analysis review—aarkstore enterprise

International Personal Finance plc — Financial Analysis Review—Aarkstore Enterprise

Summary
International Personal Finance plc (IPF) is a bank which is engaged in home credit business and operates as a non-bank financial institution. The principal activity of IPF which is conducted through its subsidiaries is provision of home credit. The company provides consumer credit including small and unsecured cash loans primarily to female, who are employed or run small businesses through agents. The company operates in seven markets, namely, Poland, the Czech Republic, Hungary, Slovakia, Mexico, Russia and Romania. Moreover, the company has extended its services to cover Puebla and the Guadalajara region. The company is headquartered in Leeds in the UK.
International Personal Finance plc — Financial Analysis Review is an in-depth business, financial analysis of International Personal Finance plc. The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors. The hallmark of the report is the detailed financial ratios of the company

Scope

— Provides key company information for business intelligence needs
The report contains critical company information – business structure and operations, the company history, major products and services, key competitors, key employees and executive biographies, different locations and important subsidiaries.
— The report provides detailed financial ratios for the past five years as well as interim ratios for the last four quarters.
— Financial ratios include profitability, margins and returns, liquidity and leverage, financial position and efficiency ratios.
Reasons to buy

— A quick “one-stop-shop” to understand the company.
— Enhance business/sales activities by understanding customers’ businesses better.
— Get detailed information and financial analysis on companies operating in your industry.
— Identify prospective partners and suppliers – with key data on their businesses and locations.
— Compare your company’s financial trends with those of your peers / competitors.
— Scout for potential acquisition targets, with detailed insight into the companies’ financial and operational performance.

For more information, please visit :

http://www.aarkstore.com/reports/International-Personal-Finance-plc-Financial-Analysis-Review-27939.html

Or email us at press@aarkstore.com or call +919272852585

Special offer till 31th Dec 2009

How to select the best wholesale supplier

How to Select the Best Wholesale Supplier

Copyright (c) 2009 Steven Holmes

As a retailer I’m often approached by new wholesale, hoping to wrestle my custom away from my existing suppliers. Promises of huge discounts, ever-changing product ranges and a far superior level of service to the one provided by my long-standing wholesaler. The problem is that in the early days of my retail career, when margins were the only thing I cared about, I was seduced by these promises and changed my supplier on a number of occasions, invariably to be disappointed each time. This taught me a valuable lesson — once you’ve found a reliable supplier who provides you with the correct goods, on time, and with a level of customer service that isn’t offensive, stick with them unless you’re absolutely certain that someone can do better.

Of course the number of wholesalers you have to choose from varies greatly from product to product so you may have your mind made up for you. If not though, the key considerations you should bare in mind are as follows:

Reputation — Don’t be afraid to ask other people, even if they are the competition. Try to get the opinion of at least one person who has worked with the supplier before. If the reaction is positive then at least you have a first-hand referral. If a supplier has a reputation for being bad just avoid them. Your shop’s success relies on a continuous flow of stock, so anything that gets in the way of this could be damaging. It’s vert easy to be tempted into using a supplier with a bad reputation because they have the lowest prices. You will regret it!

Language — The way the retail industry is now, a huge number of wholesalers/suppliers are based overseas. Ensure that any overseas supplier you use has a member of staff who is a fluent speaker of your language, unless you happen to be a fluent speaker of there’s. It is vitally important that you can communicate clearly with your suppliers

Payment Terms — Choose a supplier whose payment terms fit with the finances of your business. Very few suppliers these days will ask for the full amount up front but if they do, and to do so would stretch you financially, walk away. Instead choose a wholesaler who operates a sale-or-return policy or a credit policy. This will give you enough time to generate the funds needed to pay for the stock, without putting your business at risk.

Product Range — Differentiation is absolutely critical in retail. If you sell products that are different to the competition then you can sell them at a higher price because of exclusivity. If your products are the same as everyone else’s then the shop with the cheapest prices will get the sale. If possible, find a wholesaler who offers a wide range of original products that are exclusive to them only. For example, if you’re in the market for a wholesale costume jewellery or wholesale fashion jewellery supplier, you will probably find that a number of wholesalers in India or the Far East stock exactly the same products. In this situation it would be advisable to go direct to the manufacturers.

Price — Of course price is an important element. If you can’t make a decent margin on the products you sell, your business will fail. The reason, however, that I have left price til last is because, in my opinion, it shouldn’t be your primary focus.

Improving business performance by creating high performance teams

Improving Business Performance by Creating High Performance Teams

As a manager, executive or business owner your top priority today is exceeding company goals. You can’t do it yourself, so the best way to exceed your goals is to have what we call «High Performance Teams» working for you.

Your goals may include growing your business, increasing revenue, improving business efficiency, doing more with less, creating competitive advantage, improving customer satisfaction, reducing costs or leveraging intellectual assets.

Your team, which may include (sales, marketing, finance, strategy, HR, IT, operations, shop floor, etc.) represents a very powerful mechanism for getting significant results in organizations today.

High performance teams are a special class of team that has the ability to easily adapt in a rapidly changing environment and is an essential element for highly successful organizations.

The first step in building a high performance team is understanding the essential team ingredients that create a recipe for success.

Building high performance teams is a top priority for many executives. The benefits and value produced by these teams are very clear and being viewed as essential tools in their business strategy.

High performance teams produce many benefits.

1. Increased sales revenue
2. Increased productivity
3. Improved customer service
4. Ability to do more with less
5. Increased innovation
6. Ability to quickly adapt to change
7. Ability to solve difficult, critical problems

Sales Team Essentials — The Ingredients

So where do you begin? Like a great chef making the perfect soufflé, you must follow a recipe that will deliver the best possible outcome. This recipe includes the ingredients, preparation and the process for making the perfect soufflé. If you forget an ingredient, add too much, eliminate preparation steps, or change the process you will not end up with the results you are expecting. For business executives, this translates into ineffective teams that cannot meet critical business goals.

Let’s look at the ingredients necessary for building a high performance team.

1. Trust

Trust in your team, their trust in you and the trust between the team members is the core ingredient that holds everything together. You develop trust by setting guidelines for team behavior and decision making, where the people have certain freedoms to make decisions, take risks and speak their minds. They will also have certain obligations to always speak the truth, work with other teams, be accountable for decisions and actions and to learn from the their mistakes.

Business executives who have rules and policies for everything create an environment of bureaucracy and stifle team performance. The environment is orderly and structured, but leaves little room for team members to use their own judgment, take ownership or be motivated to complete tasks quickly. On the other hand, executives who have no guidelines for the team run the risk of leading a team in chaos. Neither of these work.

Implementing guidelines where people are trusted, promotes an environment where team members will give their best, produce more and with improved quality.

2. Vision

High performance teams share and support a «Vision» of what the team will accomplish. Team members are highly focused on meeting their goals and objectives. Business executives work with the team to develop a vision that brings real meaning to the work that is being performed. The vision defines the future state and is clear, defined and concrete. The team needs a winning, inspirational vision that will motivate them to go above and beyond when the effort is required.

3. Optimism

The next key ingredient is «Optimism». High performance team members have dreams of achievement. These dreams are fueled by the executives optimism. It is true that team members will flourish when they have hope and they will give up when they don’t. High performing team members thrive on accomplishment and recognition they get when working through difficult problems and persevering. This perseverance requires optimism.

The responsibility of a business executive in an optimistic environment is to be realistic and optimistic at the same time. Realism is important because it acknowledges the facts of the situation no matter how unpleasant they are. An optimistic environment dictates that given the facts of the situation, the team will continue to work toward their goals. When teams lose optimism, it is the responsibility of the executive to coach the team to get them back on track. Together the team acknowledges the situation and begins to generate ideas for solving the current problem.

4. Enjoyment

A business executive must make the environment enjoyable to work in. Team members perform at their peak when they enjoy what they do and with whom they do it with. Enjoyment doesn’t mean you play cards all day long. Real enjoyment comes when the executive and team are deeply involved in working a critical problem and they persevere together as a complete unit.

The executive sets the tone for the team. Setting the tone for an enjoyable work environment is accomplished by showing that you enjoy your job, that you like the people you work with and that you appreciate their hard work. Thank team members for working through the weekend. Let them take a long lunch if they worked 12 hours the previous day. Praise them for new ideas. Never blame team members for mistakes, laugh and learn from their mistakes. Keep the team focused on winning instead of failing.

5. Empowerment

High performance teams are self directed. When empowered to accomplish a goal, these teams take ownership of their responsibilities and are committed to succeed. Business executives leading high performance teams work to focus the team on «what» needs to be achieved. The «What» is defined as the vision, goals, objectives and milestones for the team. The «How» work is to be accomplished must remain the sole responsibility of the team. When executives start telling their teams how the work is to be done, the team becomes de-motivated and performance drops dramatically.

6. Opportunity

The final ingredient for a high performance team is developing an environment where team members can grow. Team members need to learn new skills and be permitted to develop and implement new ideas to work at their peak. Creating an environment where team members can experience different roles, cross train, work with diverse teams and learn new specialties will develop team members who are more self assured, who listen, and are more open to new ideas. This strategy of continuous learning will keep the team energized and motivated to perform at the highest levels.

A Final Word

As a business manager or executive, you have the power to influence the people and performance of your teams. If you truly believe in creating an environment where Trust, Vision, Optimism, Enjoyment, Empowerment and Opportunity are encouraged, then you will build a solid, sustainable and high performing team.

© Copyrighted by Dennis Sommer — CEO, Executive Business Advisers. All rights reserved.

Dennis Sommer provides the guidance you need to take your business to the next level. His specialty is improving business performance. Delivering quick, dramatic results has made Dennis a highly sought after business consultant, CEO and executive adviser.

Dennis works with a wide range of clients from small growth start-ups to Fortune 500 companies, helping them find new strategies for stimulating sales revenue growth, attracting new customers, increasing profits and reducing costs without sacrificing service.

Dennis is also highly sought after keynote, seminar speaker and author. His latest bestselling book is «Adviser Secrets — How to Become a Top Performer».

Currently, Dennis is the founder and CEO of Executive Business Advisers, a business and management consulting firm.

Company: http://www.executivebusinessadvisers.com/
Author: http://www.dennissommer.com/

Contact Dennis Sommer at 800-627-6512.

Hundred-fold-life-team: selling online can create new income streams

Hundred-Fold-Life-Team: Selling Online Can Create New Income Streams

As the internet matures, so do the attitudes of people buying more and more online. Many companies exist that will ship merchandise to nearly any address specified, without being the same address as the buyer. This opens the door for selling opportunities for just about anyone with the initiative to do a little work online and keep track of their earnings.

One of the problems with having a retail website, is you become the buyer, seller and shipper all at once. When you offer merchandise for sale online you are opening the door to a global audience and will need to have an inventory of merchandise that you offer for sale. Constantly sending out apologetic emails informing buyers their choice is either discontinued or on back order will not win many repeat customers and will eventually leave you with nothing but a nice looking website. This is no way to build your Hundred-Fold-Life.

You can, however get hooked up with wholesalers who maintain a large inventory of merchandise and allow you to sell it on your website. When an order comes in, it goes directly to the wholesaler who will pack it and ship it as well as handle all the finances. You make money based on the profit from the sale of the item. For example, you advertise a DVD player on your site for $59.99 plus tax plus shipping a handling. A customer buys it and submits the order. Once payment is received and the item has shipped. If you are getting that DVD player from the wholesaler for $40, you will be paid the difference of $19.

Many drop-shippers work with online auction sellers who simply list the merchandise on their auction site and the wholesaler takes over the shipping of the merchandise. For auction merchandise there is a risk to the seller in that if a listed item doesn’t sell, the seller is still responsible for any listing fees for putting them item on the auction.

Additionally, once an item sells, the seller is charged a final value fee, which is a percentage of the price at which the item sold. Consequently, the seller has to sell the item at a price higher than the unit cost, plus listing fees plus the final value fee before they make any money. Selling straight off your own website may not elicit as much business, but by the buyer paying shipping and handling charges, everything paid over the unit price is your to keep.

You can also choose to buy small inventories of merchandise you believe will be in high demand and list in the items description how many are available. Being honest with potential buyers on the front side that only so many are available may improve the chance of a sale, as well as diminish disappointment when you run out.

Using a drop-shipper or maintaining your own inventory is up to you. It again comes down to doing your research to find what will work best for you. I f your are a home-based business like I am I would recommend using a reputable wholesaler and drop-shipper. That way I don’t have to have space for products in my home and they do a much better job at shipping than I could.

Keep your Hundred-Fold-Life simple to run and profit from.