Trading and Profit and Loss Account

Trading Account

As already discussed, first section of trading and profit and loss account is called trading account. The aim of preparing trading account is to find out gross profit or gross loss while that of second section is to find out net profit or net loss.

Preparation of Trading Account

Trading account is prepared mainly to know the profitability of the goods bought (or manufactured) sold by the businessman. The difference between selling price and cost of goods sold is the,5 earning of the businessman. Thus in order to calculate the gross earning, it is necessary to know:

(a) cost of goods sold.

(b) sales.

Total sales can be ascertained from the sales ledger. The cost of goods sold is, however, calculated. n order to calculate the cost of sales it is necessary to know its meaning. The 'cost of goods' includes the purchase price of the goods plus expenses relating to purchase of goods and brining the goods to the place of business. In order to calculate the cost of goods " we should deduct from the total cost of goods purchased the cost of goods in hand. We can study this phenomenon with the help of following formula:

Opening stock + cost of purchases - closing stock = cost of sales

As already discussed that the purpose of preparing trading account is to calculate the gross profit of the business. It can be described as excess of amount of 'Sales' over 'Cost of Sales'. This definition can be explained in terms of following equation:

Gross Profit = Sales-Cost of goods sold or (Sales + Closing Stock) -(Stock in the beginning + Purchases + Direct Expenses)

The opening stock and purchases along with buying and bringing expenses (direct exp.) are recorded the debit side whereas sales and closing stock is recorded on the credit side. If credit side is Jeater than the debit side the difference is written on the debit side as gross profit which is ultimately recorded on the credit side of profit and loss account. When the debit side exceeds the credit side, the difference is gross loss which is recorded at credit side and ultimately shown on the debit side of profit & loss account.

Usual Items in a Trading Account:

A) Debit Side

1. Opening Stock. It is the stock which remained unsold at the end of previous year. It must have been brought into books with the help of opening entry; so it always appears inside the trial balance. Generally, it is shown as first item at the debit side of trading account. Of course, in the first year of a business there will be no opening stock.

2. Purchases. It is normally second item on the debit side of trading account. 'Purchases' mean total purchases i.e. cash plus credit purchases. Any return outwards (purchases return) should be deducted out of purchases to find out the net purchases. Sometimes goods are received before the relevant invoice from the supplier. In such a situation, on the date of preparing final accounts an entry should be passed to debit the purchases account and to credit the suppliers' account with the cost of goods.

3. Buying Expenses. All expenses relating to purchase of goods are also debited in the trading account. These include-wages, carriage inwards freight, duty, clearing charges, dock charges, excise duty, octroi and import duty etc.

4. Manufacturing Expenses. Such expenses are incurred by businessmen to manufacture or to render the goods in saleable condition viz., motive power, gas fuel, stores, royalties, factory expenses, foreman and supervisor's salary etc.

Though manufacturing expenses are strictly to be taken in the manufacturing account since we are preparing only trading account, expenses of this type may also be included in the trading account.

(B) Credit Side

1. Sales. Sales mean total sales i.e. cash plus credit sales. If there are any sales returns, these should be deducted from sales. So net sales are credited to trading account. If an asset of the firm has been sold, it should not be included in the sales.

2. Closing Stock. It is the value of stock lying unsold in the godown or shop on the last date of accounting period. Normally closing stock is given outside the trial balance in that case it is shown on the credit side of trading account. But if it is given inside the trial balance, it is not to be shown on the credit side of trading account but appears only in the balance sheet as asset. Closing stock should be valued at cost or market price whichever is less.

Valuation of Closing Stock

The ascertain the value of closing stock it is necessary to make a complete inventory or list of all the items in the god own together with quantities. On the basis of physical observation the stock lists are prepared and the value of total stock is calculated on the basis of unit value. Thus, it is clear that stock-taking entails (i) inventorying, (ii) pricing. Each item is priced at cost, unless the market price is lower. Pricing an inventory at cost is easy if cost remains fixed. But prices remain fluctuating; so the valuation of stock is done on the basis of one of many valuation methods.

The preparation of trading account helps the trade to know the relationship between the costs be incurred and the revenues earned and the level of efficiency with which operations have been conducted. The ratio of gross profit to sales is very significant: it is arrived at :

Gross Profit X 100 / Sales

With the help of G.P. ratio he can ascertain as to how efficiently he is running the business higher the ratio, better will be the efficiency.

Closing Entries pertaining to trading Account

For transferring various accounts relating to goods and buying expenses, following closing entries recorded:

(i) For opening Stock: Debit trading account and credit stock account

(ii) For purchases: Debit trading account and credit purchases account, the amount being the et amount after deducting purchases returns.

(iii) For purchases returns: Debit purchases return account and credit purchases account.

(iv) For returns inwards: Debit sales account and credit sales return account

(v) For direct expenses: Debit trading account and credit direct expenses accounts individually.

(vi) For sales: Debit sales account and credit trading account. We will find that all the accounts as mentioned above will be closed with the exception of trading account

(vii) For closing stock: Debit closing stock account and credit trading account After recording above entries the trading account will be balanced and difference of two sides ascertained. If credit side is more the result is gross profit for which following entry is recorded.

(viii) For gross profit: Debit trading account and credit profit and loss account If the result is gross loss the above entry is reversed.

Profit and Loss Account

The profit and loss account is opened by recording the gross profit (on credit side) or gross loss (debit side).

For earning net profit a businessman has to incur many more expenses in addition to the direct expenses. Those expenses are deducted from profit (or added to gross loss), the resultant figure will be net profit or net loss.

The expenses which are recorded in profit and loss account are ailed 'indirect expenses'. These be classified as follows:

Selling and distribution expenses.

These comprise of following expenses:

(a) Salesmen's salary and commission

(b) Commission to agents

(c) Freight & carriage on sales

(d) Sales tax

(e) Bad debts

(f) Advertising

(g) Packing expenses

(h) Export duty

Administrative Expenses.

These include:

(a) Office salaries & wages

(b) Insurance

(c) Legal expenses

(d) Trade expenses

(e) Rates & taxes

(f) Audit fees

(g) Insurance

(h) Rent

(i) Printing and stationery

(j) Postage and telegrams

(k) Bank charges

Financial Expenses

These comprise:

(a) Discount allowed

(b) Interest on Capital

(c) Interest on loan

(d) Discount Charges on bill discounted

Maintenance, depreciations and Provisions etc.

These include following expenses

(a) Repairs

(b) Depreciation on assets

(c) Provision or reserve for doubtful debts

(d) Reserve for discount on debtors.

Along with above indirect expenses the debit side of profit and loss account comprises of various business losses also.

On the credit side of profit and loss account the items recorded are:

(a) Discount received

(b) Commission received

(c) Rent received

(d) Interest received

(e) Income from investments

(f) Profit on sale of assets

(g) Bad debts recovered

(h) Dividend received

(i) Apprenticeship premium etc.

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Police Auctions & Sheriffs Sales Offer an Incredible Range of Goods at a Fraction of Their Value

Police auctions and sheriffs sales are one of those things many people have heard of, but few are familiar with. You might have heard one of your friends or family members mention police auctions in passing, or read something about them in the local paper, but haven't given them much thought. What are police auctions, and how do they work? Where are they held and how can you attend one? Police auctions are held periodically, so it's not like you can just go to the local department and demand to see what's for auction.

To find out when a particular police auction is being held in your area, just visit your local police department's website and search for auctions or surplus auctions. Every state and local government website should have their auction times and locations listed somewhere on the site. It just takes a little bit of searching to find it. When you do, the website should have a way to contact whoever's in charge of the auction. If the website doesn't list the time or location, contact them and see when and where it is.

The types of goods you'll find at local police auctions are automobiles, jewelry, collectibles, furniture; almost anything you can think of that someone would own. Think of a police auction or sheriffs sale as a real life eBay auction, except cheaper. Since the property was seized, the government hasn't spent any money purchasing those items and can thus sell them for anything they can get. Like government auctions in general, they're truly a great way to find outstanding bargains.

However, you need to be prepared for other people wanting the items you want too. Since the property is so cheap, you can expect many other people will be lining up to get their grubby little hands on it. If you're not willing to spend the money necessary to bid competitively obtaining these items, then don't go to a police auction. It's that simple.

Police auctions can be wonderful resources if you want high-valued items for very cheap prices. If you think you could benefit from attending a police auction, find some local listings in the newspaper, or go through one of the government auction membership sites (you can find these sites by doing a Google search, or through one of the review sites like Government Auction Site Reviews at http://www.governmentauctionsitereviews.com). Like all things though, you need to research and be prepared for what you might experience there.

Mr. Ullman blogs about Government Auctions, Police Auctions, and Sheriffs Sales, and Reviews Government Auction Membership Sites at: Government Auction Site Reviews

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How to Find Office Depot Discount Codes and Online Coupons

Owning and operating your own business can be an extremely difficult endeavor. Employee relations, overhead costs, insufficient funds and demanding clients can all be stressful to a business owner. Purchasing office supplies is one of the primary expenses that can subtract substantial amounts of money from a small company's budget.

Items such as such as paper, pens, pencil holders, office furniture and electronic products are often costly. The prices of many products that may seem insignificant, like paperclips and rubber bands, can really add up over time. However, office managers can shop intelligently and effectively by using smart buying strategies and taking advantage of online Office Depot discount codes.

Office Depot promo codes can allow shoppers to save up to 7% on all purchases. How does your company gain access to this special type of savings? Businesses can receive a variety of bargains and special coupon codes by joining a discount bulk buying group. Discount bulk buying groups provide companies with easy and efficient ways to save on a substantial percentage of their overall costs.

Finding the right bulk buying group can take some time. Many groups offer savings and discount codes on more than one type of service or goods. Before you choose a buying group, it is imperative that you look at the specific needs and demands of your business. The buying organization may conveniently cater to a majority of your company's needs by providing savings on a myriad of services and Office Depot online coupons. Before deciding to enlist the services of a discount buying group, you may want to
consider the following:

• Do the services of the buying group complement the employees of my company? Will I use most of the offered discounts and special benefits that this group provides? Most companies are in need of paper and paper products and would benefit from using Office Depot promotional codes.


• Is there a start-up fee? Do not be fooled by the numerous online scams that ask for cash upfront. Many buying groups provide members with impressive savings and promo codes on goods and services without charging them a dime.


• Does the buying group offer convenient services that are easy to use? The employees of most companies are extremely busy and do not want to have to engage in a series of confusing steps or processes to obtain corporate discounts. Accommodating discounts should allow members to mention them or plug in various discount codes to obtain savings.

Purchasing items with Office Depot coupon codes from a discount buying organization, like ABNSave, is an excellent way to cut out expenditures from your company's budget. Not only does it allow your business to save money by reducing the overall cost of any supplies that you may need, but buying items in bulk is an invaluable technique that reduces the inclusive cost of your purchases. Paying for a year's supply of an individual item, like manila folders or highlighting markers, is more budget-savvy than buying three or four of those items at a time. Certain Office Depot supplies, like paper, stationary and pens will always be useful to a business and can be purchased in large amounts, saving the buyer even more money.

Allied Business Network is a discount buying group that provides members with money-saving promotional coupons, like Office Depot discount codes.

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Procurement Definition

Procurement can be defined as the purchase of merchandise or services at the optimum possible total cost in the correct amount and quality. These good and services are also purchased at the correct time and location for the express gain or use of government, company, business, or individuals by signing a contract.

The process of acquisition of goods or services required as raw material (direct procurement) or for operational purposes (indirect procurement) for a company or a person can be called procurement. The procurement process not only involves the purchasing of commodities but also quality and quantity checks. Usually, suppliers are listed and pre-determined by the procuring company. This makes the process smoother, promoting a good business relationship between the buyer and the supplier.

The synonyms for procurement, which are gain, purchase, buy, and acquire, can throw light on the meaning of procurement. The process of procurement may differ from company to company, and a government institution may have a slightly different procurement process compared to a private company.

Procurement can also be simply defined as the procedure in which goods or commodities are bought when prices are low. Procurement is advantageous if the goods are bought in bulk. E-procurement is another method in which the electronic media is used for acquiring or purchasing goods. Everything is processed electronically, from the search for the right bidder to the delivery and payoff.

The procurement procedure may differ according to the product and the uses of the product. Healthcare equipment needs to be efficient and reliable, and the procurement process is carried out meticulously in order to avoid the purchase of faulty apparatus. Another important factor that is usually included in the definitions of procurement is the amount in which the product is bought. This is important because the amounts of goods bought are inversely proportional to their cost.

Thus, procurement is a process that is carried out by almost every company and individual for its own personal gain or for profits, which involves buying of commodities by choosing the appropriate bidder.

Procurement provides detailed information on Procurement, Procurement Software, E Procurement Solutions, Procurement Management and more. Procurement is affiliated with India Offshore Outsourcing.

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Finding A New Home For Your Unwanted Goods

If you're planning to move house this spring, you'll no doubt notice that since your last move you've accumulated more things than you realised - books, clothes and electrical equipment - that you have little or no use for any longer. But rather than throwing them away or bringing them with you to clutter up your new abode, see if you can't find a better home for them and possibly make some money at the same time.

A quick way of getting rid of your unwanted goods is to attend a car boot sale. If you know of a local one that takes place regularly, you'll know where to go to peddle your wares, but if not there are a number of websites that advertise car boot sales across the UK. Naturally, potential buyers are looking for a bargain, and in exchange for a quick sale you should be prepared to accept a significantly lower price than you might get elsewhere, although you may be able to haggle in order to get a better price.

If you're looking for a slightly better price, you could look into using an online auction site. Most of these are reliable and allow users to rate others, meaning you can easily find out whether a potential buyer has a reliable track record or not. Most of these sites will also allow you to set a minimum acceptable bid price, or reservation price, guaranteeing that your items won't be sold for any less than you're looking for.

Another alternative is classifieds. These will allow you to find plenty of local buyers, and in recent years, online classifieds have become increasingly sophisticated, allowing you to include pictures and descriptive text rather than shorthand, to reach a large amount of interested buyers across the UK. Online classifieds also have the advantage of being more specialised, allowing you to find niche markets for almost anything imaginable.

You can also decide to give your unwanted items to charity - at least it guarantees you'll get rid of them and could, in future, help those less fortunate. If you don't have a particular charity in mind, the Charity Choice homepage has a complete listing of all registered charities in the UK and how to get in touch with them to find a branch near you.

So rather than holding onto things you no longer need or use, see if you can't give them a new home and possibly make some money in the process.

Andrew Regan is an online, freelance author from Scotland. He is a keen rugby player and enjoys travelling.

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Where to Get More USED Goods to Sell on eBay

Many people start their eBay business by auctioning items that they no longer want from their own home. While this is an excellent way to get used to how eBay works, it's not possible to build a sustainable business this way as eventually you will run out of things to sell! So where can you locate more used goods to sell on eBay?

Well, even though it is very easy to start selling stuff from around the home on eBay, many people still don't. Some people still don't have their own computer or they can't be bothered to learn about eBay. You could advertise the fact that YOU can sell their items for them on eBay. This is called "consignment" and is probably easiest done locally, though you could do it nationwide. They provide the product and you provide the expertise to sell it on eBay, either for a split of the profit or for a fee.

Alternatively, you can advertise the fact that "I will buy your (whatever your product line is)". You need to do a "Completed Listings" search on eBay to find out what price you are likely to get on eBay for that particular item so you will know how much you are prepared to pay to ensure that you make a profit.

If someone is advertising their stuff for sale in a newspaper or magazine, they probably know nothing about eBay. Again, you need to do your research so you can be confident about what price whatever they are advertising is likely to sell for on eBay. Look at eBay's "Completed Listings" for that item. If the item has been advertised for a while, you are likely to get a better deal as the seller will be getting desperate to sell. There are two ways to do this:

1. Contact the seller and offer to sell their item on eBay for a percentage or agree a price they want and you keep any excess. This avoids you having to buy the product. You will incur eBay's listing fee and your time, but no other capital outlay.

2. If you can get a bargain and are confident that you can sell on eBay at a profit, buy the item yourself and list it on eBay. This involves more risk but you keep all the profit. It is probably only worth doing this for higher price items, such as cars.

You can advertise your services on eBay by getting yourself registered on eBay's Trading Assistant Directory. To become a Trading Assistant, you need to meet the following requirements: have sold at least 4 items in the last 30 days; have a feedback score of at least 50; have a positive feedback score of at least 97%.

If you meet these requirements, you can create a profile in the Trading Assistants Directory by clicking the "Create/Edit Your Profile" link. You'll be able to describe your specialties, fees, terms, contact information, and drop-in hours (if any). Your profile will then appear in search results when people look for Trading Assistants in your area.

Martyn Boaden is the Author of "The Lazy Way To Wealth On eBay" and Founder of The Online Auction Resource Centre where you will find more information and all the resources that you will ever need to set up and run your successful and profitable eBay business. And for a limited time only you can get instant access to his popular eBay Business Box (worth $164 + $17 pm) for FREE by clicking this link: http://www.TheOnlineAuctionResourceCentre.com

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Why High Gas Prices Should Cause You to Worry

Why high gas prices these days? This is perhaps one of the most commonly heard question as crude oil prices continue its dramatic soar throughout the first half of 2008. Excessive demand coupled with a fixed supply of crude oil has resulted in gas prices soaring to unprecedented limits. This increase in prices has resulted in far reaching effects on the daily lives of the average consumer. In examining the effects of high gas prices, we offer you an insight on why high gas prices should cause you to worry.

The first thing you would notice with high gas prices would be a significant increase in fuel cost for your car. Yes, for the same amount of petrol which you would normally buy at your local gas station, you would now need to pay more. This result in increased cost on your part as travelling becomes an increasingly expensive affair. Indeed, with crude oil prices in excess of $120, travelling to work has never been more expensive. Thus, the immediate result of high crude oil prices would be an increase in cost of car travel.

Yet, the effect of high gas prices is in no way constrained merely to increased cost of travelling. A closer understanding would reveal far reaching consequences.

High gas prices often lead to a general increase in prices of goods and services. This is known as inflation. It is important to note that transport cost has to be factored in with relation to goods and services purchased by the average consumer. For instance, when you buy a new set of furniture, your local furniture store would often provide delivery of your new piece of furniture right up to your doorstep. However, given high gas prices, your furniture store would often have no choice but to pass on the rising cost to you as increased gas prices would mean eating into the store's profits. A similar situation is observed across other industries as suppliers of goods and services pass on higher transportation cost to consumers by marking up prices.

Subsequently, the value of money would be adversely affected given the general inflation caused by the increase on prices of goods and services. This means that the value of every dollar earned has decreased as it can now buy fewer and fewer goods. This provides a disincentive to work as the same amount of wage would now only be able to purchase a smaller amount of goods. This could also spell hardship for the poorest workers as they would be struggling near the level of poverty. Given a long time frame, this could possibly lead to social disturbances and crime.

Rounding things off, it is insufficient to think that high gas prices are only a cause of concern for consumers who drive. The fact is inflation is something very real and would affect all consumers given the increase in gas prices. Furthermore, given such a situation, we would now have to accept a lower real wage as our salary can now buy a lesser amount of goods and services as compared to before. Finally, social disturbances and crime in the long run would affect us in negative ways. Thus, high gas prices are indeed a cause of worry for us.

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EU Recycling Law to Push Prices on Electrical Goods

The price of electrical goods including TV’s and washing machines looks set to increase following the implementation of a new EU directive on recycling. The Waste Electrical and Electronic Equipment (WEEE) directive could stimulate an increase in price of electrical goods of over £500 million per year in the UK. The directive orders the collection and recycling of discarded electrical goods that would otherwise be dumped in landfill sites. The ultimate aim is to reduce the volume of toxic chemicals in the environment with a reduction is harmful chemicals such as lead, mercury and hexavalent chromium if the goods can be reused. Some of the recycled goods will be refurbished and sent to the Third World as part of the scheme.

The directive is aimed at government and local councils rather than individuals but will mean a dramatic change to the way that we discard of consumer electrics. Councils will be expected to handle electrical goods at their recycling centres, with consumers dropping off their unwanted electrics. Although there is no direct requirement on the part of the individual – some councils will charge for the collection of large items such as washing machines pushing the cost of electrical goods up for the average consumer. Some stores will operate a take back scheme for old items when delivering a new item but for the majority this is likely to mean additional costs.

Most electrical goods that are discarded in the UK are still fully functioning, operative goods. Part of the EU’s aim is to increase the life cycle of such goods to limit the number of operative goods going out of circulation and thereby, again, reduce pressure on the environment. The aim to get people thinking about the life cycle of their electrical goods and find alternative methods of disposal does have options. If the cost of disposal is to be avoided, you essentially have to find another home for your unwanted electricals. The use of classifieds to sell unwanted goods is on the rise and resources such as Loot electricals are ideal for not only disposing of your items without paying a fee, but possibly even making a bit of money out of the process.

With lifestyle trends changing and the ongoing pursuit of environmentally friendly policies in Brussels, we could be set to see similar policies emerging from the EU in the months and tears to come. Although this looks, on the surface at least, like a bad deal for consumers the application of a little lateral thinking can reap some benefits. Passing on your unwanted electrical goods – be it to the Third World or to someone down the road in answer to your personal ad, makes sense for the environment and for the life cycle of goods which might be perfectly functional even if they don’t fit with your redesigned kitchen!

Michael Hanna is a keen writer, and internet marketer living in Scotland

E-mail: samqam@googlemail.com
Phone: 0131 561 2251
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Dramatically Affect Page Rank Disappointment - Search Engine Optimization

Search Engine Optimization is getting your ad to stand out appearing on the first few pages of search engine results using natural or un-paid listings. The higher a site appears in the search engine listings the more visitors the site receives from that high listing. search engine optimization looks at how search engines list sites from search results and what visitors search for. Optimization of a website is editing the content and HTML code of the content, incoming links, internal links and anchor text to connect its relationship to keywords targeted to gain good listings from search engines and to dramatically affect page rank disappointment with search engine optimization.

Important puzzle pieces for Search Engine Optimization success

-Keyword Research-

Researching and collecting detailed information about the words or phrases visitors on the internet are typing into their search engines about a specific topic is keyword research. The results of keyword research are based on the traffic or visitors using a specific keyword or phrase and the amount of websites that have information about or containing your keywords. You will also need detailed trends of the number of people using the keyword or phrase being researched in a week, month and even in a yearly period. This will let you know if your phrase has a chance of a good campaign. There are free tools online to help out with your keyword research to help determine if there is an adequate market online ready for you to tap into.

-Create Effective Meta Tags-

Meta tags used in web sites are often used by search engines as an additional source for information to decide how to list websites. Meta Tags are not required to build a web site but to take advantage of this option is a good helping hand on a getting a good listing in search engine results. On a opposite note - Meta elements have loss a lot of respect due to keyword stuffing and spam-dexing. Some search engines still use meta tags as a way to rate sites but the majority claim to not even consider it a factor in result listings.

-Back links and Anchor text -

The use of back links also called inbound links are important to web publishers and will help a great deal for a site be noticed by the world. These links help increase were your site shows in query results on search engines. Having these links on multiple sites shows as a credit to your main page an example is for ever back link gained is similar to a vote for your page therefore the more votes the more your page is considered popular on the results page from a query. Another rank booster that is useful in page optimization is anchor text. Descriptively labeling a link name that relates to the content within a site also increases the chance of landing high results from a search query. Search engines send out web crawlers to determine the relationship of your anchor text to the content on your website . To sum it all up having back links and anchor text that relate to your pages content increase the chance of popping up on the first few pages in search engine results.

If you choose to research and do your own S.E.O to your site remember search engines regularly adjust site ranking procedures and the competition in your niche field improve their sites to adjust to this change. Regularly evaluate the optimization to your site for peak results for your campaign.

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Hermes Birkin Bags Make the Ultimate Fashion Statement

Hermes Birkin bags are kind of manufactured handbags created by the towering leather goods manufacturer Hermes. These bags are named after famous British actress & singer called Jane Birkin who was a longtime dweller of France.

It is famously mentioned in an interesting incident in 1981 that led to the birth of this line of handbags. It is said that Jane Birkin was once flying on a plane and suddenly at one point of time, her bag fell and the contents of it spilled out.

The President of Hermes who was incidentally sitting beside her saw this, and offered her to produce a brand of handbags named after her. She sketched her idyllic bag, and thus, Hermes Birkin bags were born. Interestingly she had to pay for the first prototype of the line of handbags, which took her by surprise.

Considered A Statement Of High Fashion

Hermes Birkin bags have become popular because of the actress it was named after. The Birkin Bag has gone on to become one of the most popular brand of handbags throughout the world, especially among the rich and famous.

The manufacture of a Birkin bag is said to take several weeks and the exterior of the bags can be made up of an assortment of leathers.

There are custom bags made of varying kinds of animal skin, including crocodile skin, which is the most expensive. Typically, Hermes Birkin bags are made of goatskin and the color is given such that it matches the exterior.

The metallic parts of these bags may also be studded with precious metals or jewels as per the choice of the buyer.

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American Wealth vs. Third World Poverty

The United States is undeniably the richest and most powerful nation ever on the face of the earth. The gross domestic product (GDP) of the U.S. is larger than the next two biggest economies combined, which in China and Japan. The U.S. economy outproduces the combined economies of over forty-seven poor nations, which account for 53 percent of the population of the world. These forty-seven nations include China and India. But on an individual scale, just how does the income of the average American compare to the average income of the poor of the world?

In 2000 the per capita income of the U.S. was 360 percent higher than the world's average per capita income (CPI). The U.S. boasted a CPI of $34,100 while the average world CPI was $7,410 (measured in international dollars). This does not give an accurate picture because the world's average CPI includes the U.S and the other wealthy nations of Europe. Therefore, lets look at the 56 percent of the world's population who comprise the world's poor.

According to statistics from the World Bank, 56 percent of the world's population lives in extreme poverty. They survive on an income of less than $730 per year or $2 per day. Half of the worlds poor who comprise 28 percent of the world's population live on $1 or less per day. In comparison, the average American earns from 46 to 92 times more than the poverty stricken comprising over half the world's population.

If you are like me, you might say but things are so much cheaper in poverty stricken countries. Yes, many things are cheaper but we now live in a global market. Food is an international commodity. The cultivation of third world food is usually much more labor intensive and is often more expensive than food grown on America's mechanized farms. Yet, American's spend and average of $3,400 per year per person on food and beverages. That 365 percent more than the total average income of over half the people in the world.

Accounting for every man, woman and child in the U.S., Americans spend an average of $0.20 per day on cosmetics, perfume and skin and hair care products; over $0.50 a day on jewelry; nearly $3 on furniture and other household goods; over $3 per day on clothing; gambling totals almost $6 per day; over $7 a day is spent on automobiles and trucks; and over $9 on food. Americans simply live a lifestyle that is beyond imagination for most of the poor in the world.

The Bible describes a nation called Babylon. Revelation 17 and 18 say that Babylon will be destroyed. God says that this destruction is his judgment on the nation. Revelation 18 clearly describes Babylon as the richest nation on earth. It is the nation to whom the merchants of the earth sell their goods. The U.S. is the largest importer in the world. In 2000, the U.S. imported $5.867 trillion in goods and services. Americans need to repent and turn back to God.

Copyright © 2006-2007 John Durr

John Durr is author of an astounding new eBook entitled: “The Soon Coming Judgment of God Upon America And How To Escape It!” The book uses Bible prophecy, little known American history and current events to prove that the United States is the Babylon of Bible prophecy. This is a must read for every American because the Bible clearly says Babylon (America) will be destroyed. The book not only describes how the U.S. fulfills every description of Babylon, it carefully shows what the reader needs to do in order to be saved from this coming judgment.

The eBook is available at http://americascomingjudgment.com.

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Clickbank Affiliate Marketing vs eBay Affiliate Marketing

Since the launch of Amazon.com in 1995, the number of affiliate marketing programs offered on the internet has grown enormously. Although Amazon.com was one of the pioneers with their affiliate program, other affiliate providers such as eBay and Clickbank now arguably offer a more diverse and profitable affiliate program.

The eBay Affiliate Program

Put simply, eBay launched their affiliate program to obtain more targeted traffic to their site. Originally many webmasters used the eBay affiliate program simply to make additional revenue from their existing web site. This has changed recently with an advancement in the quality of RSS feeds leading to a number of different affiliate store scripts flooding the market. These affiliate store scripts have created a new phenomenon where new eBay affiliates establish an affiliate store as the primary purpose of their web site and then add relevant content. EBay affiliates are now creating web sites that are established primarily to make affiliate commissions and not necessarily to provide useful and relevant content for the visitor.

My eBay Affiliate Store

I have an interest in golf and established my own eBay affiliate golf store called davesgolfstore.com using an eBay affiliate store script called Build A Niche Store. I provide my own web site content and have a direct feed of products from eBay. Every product listed on eBay under the golf category is displayed on my site in real time. When somebody clicks on a set of golf clubs listed on my site they are taken directly to eBay. If they place a successful bid I receive a commission from eBay ranging from 20-65% of eBays income. When I refer a new customer to eBay who makes a successful bid I receive a commission up to $24. The one downside of being an eBay affiliate is that you rely heavily on generating organic traffic from top listings on the search engines. The average commission I receive per sale is between $1-2. These commissions are quite small and it makes it difficult to use other traffic generating methods such as pay per click advertising. Given the search engines constantly update their page ranking algorithms, the inherent risk is it becomes difficult to generate consistent traffic as you rely heavily on organic searches.

Clickbank Affiliate Program

Clickbank offers an affiliate program that is primarily associated with promoting digital products that are predominantly ebooks. Similar to eBay, ClickBank has a diverse range of products to promote over a number of different categories across a range of interests and hobbies. The primary difference between Clickbank and eBay relates to the commissions paid per sale. Clickbank affiliates can earn between 25% to 75% per sale price while eBay commissions are based solely on eBay's revenue per sale and not the total sale price of the item. The majority of eBooks available on Clickbank are "How To" type ebooks. Historically these types of ebooks sell in high volumes and suit the internet given buyers generally have instant download access to the ebook they purchase. Given the digital nature of Clickbank products , promotion does involve providing more content rich web sites as potential buyers generally require more information before they make a purchase. Buyers take a different approach to eBay where generally the majority of goods purchased are still "hard goods" and most buyers already have an understanding of what they are purchasing.

Clickbank or eBay - You Decide?

There are more resources online when it comes to making money on Clickbank as opposed to making money with eBay affiliate marketing. Wealthy Affiliate.com is one of the more popular making money with Clickbank resources available on the internet while Build A Niche Store is now commonly used amongst eBay affiliate marketers. If you are willing to provide a content rich site, promoting Clickbank products can be very profitable given the higher commissions received where as eBay affiliate marketing is more suitable for those who don't necessarily wish to develop content rich sites and prefer to promote traditional type "hard goods".

Running a web site that is established primarily to make affiliate commissions is some what a floored concept. A web site should be created for the purpose of providing relevant and useful content to the visitor, and then relevant affiliate and non affiliate links can be provided to the visitor to help them further with their search.

To learn more about Wealthy Affiliate University, Build A Niche Storeor Affiliate Marketing you can visit my web site at ehomebusinessonline.com

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Transporting the Goods: Less Than Load Freight Shipping for Small Businesses

Small businesses everywhere know that it is difficult to find a place that will freight ship all of the products that are needed, especially if it is less than load. If you are a small to medium sized business, and are looking for your best options for freight shipping, than you can look at other companies that are willing to take less than load to ship to another place for you. Whether it is domestic or international shipping, you can expect to find a place that will be willing to take a load off of your company and deliver what is needed responsibly.

For most, you know about the shipping possibilities that are available to you. The post office, UPS, Fed Ex, and other commercial shipping areas are willing to give you standard rates. However, they won’t keep in mind that you are a small business, meaning that they may not have the best options available to you. If you are shipping freights, you know that the cost will be higher. Even if you are a small business, most of these shipping areas won’t offer you a deal for continuous shipping.

What are the options that you can look into in order to save money as a small business? There are several freight shipping businesses that are available that will give you the best option for what you have. One of the most well known are LTL trucking companies. LTL stands for less than truck load. These particular companies are designed to target small businesses that need shipping done, but don’t have the ability to send over a specific amount.

Not only can you use LTL shipping as a way to be taken care of as a small business, but you can also find a variety of possibilities available with LTL shipping. For instance, if you only have a few freights to send, you can find a truck or international shipping company that has extra room. This is an easy way to transport your freight without extra shipping costs attached. With these particular systems, you can search for a truck or shipping system that is waiting to fill their space before leaving.

Getting the “Bang for Your Buck” With Freight Shipping

Once you begin to find the correct freight shipping companies that will allow you to take less than load, you can begin to find ways to reduce the amount of cost that you have to pay for your small business. There are a variety of companies that offer different possibilities in order for you to be able to find the perfect shipping deal for your small business that will also offer you a discount.

One way to save money with freight shipping is by backhaul freight. This particular way of shipping will save you money, but it is important that you are not on a time frame for your shipping. In backhaul freight, you will put your items on a specific carrier, such as a truck, that will be able to take your freights on their way back from the destination that they came from. Since they are not necessarily making a complete stop for delivery, this type of shipping can save you money.

Of course, several shipping companies will also have deals that you can use if you use them specifically. Several freight shipping companies will offer a membership fee. This allows you to pay one cost for a specified amount of time. You can then find which shipments are leaving from your area, and can use the extra space on any of them as much as you want for your small business freights. For those that have consistent things that they need to ship, this is a good alternative in order to save money.

Another option that you can use is to go through a third party. Not only will this save you money, but it will also save you time. There are companies that are available as mediators between several shipping companies and small businesses. Not only will these companies provide you with the best options, but will also find discounts for you in relation to what you are shipping, what the size is, and how much you need to send by freight.

If you are a small business, but large enough to be sending freights to any domestic or international area, than you know the importance of getting your products there on time while receiving a discount. Looking into the ability to be a part of less than load freight shipping is a great opportunity to succeed with everything that you need to send in every corner of the earth.

Save 70% off LTL Freight Shipping from top domestic freight shipping carriers.

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Durable Leather Goods - Gifts For Your Groomsmen

One major reason why leather goods are very popular is because they are versatile and durable enough to use. During special celebrations such as weddings, birthdays and anniversaries, leather gifts are the perfect choice to make someone feel very special. A wedding for instance, is a celebration where gifts are abundant. Not only wedded couples deserve to receive gifts, but also, they too need to give gifts most especially for their participants who have done a great effort to help make the celebration successful. Giving gifts for groomsmen in particular, is a consideration that should be made by couples. Great items for your groomsmen such as leather-made products can make memorable gifts. Also, another thing about giving gifts to your groomsmen is by making it more special by means of personalizing. How would you like to see a wonderful leather piece with an additional personal touch? Making it very one-of-a-kind special present, which your groomsmen would cherish and remember.

Personalized Leather Desk Accessories

Wondering what to give to your career-oriented groomsmen? Think of something they could use at work. Consider buying them some leather desk accessories to accentuate their desk and office appeal. Different leather-made business items are available mostly at specialty stores, however you could also buy in bulk at online stores. Such accessories can be made personalized by monogramming initials of your groomsmen or scripting personal messages on the leather.

You may consider a Personalized Leather Desk Caddie to ensure an impressive statement on your groomsmen's office. An elegant gift to reward your groomsmen, this classy desk accessory offers a practical, sophisticated and exquisite appeal, and features a gently curving design that can keep pens and paper clips perfectly. Making it personalized by engraving initials on the plate - that makes a striking desk accessory for your groomsmen with a deep gratitude. Or perhaps a Brown Leather Pen Holder rustic and refined to add an air of elegance and sophistication on their office desk.

Personalized Leather Bags

Leather bags are obviously very practical - useful and durable - gift options for your groomsmen. Whatever their preference, these bags are ideally incorporated to complete their overall outfit. Consider a Personalized Soft Sided Briefcase or Euro Leather Traveler bag, these bags are their perfect companions during traveling. These are made from soft and top grain leather with spacious compartments to store their valuable items. And just like other leather products, these bags can also be made personalized by monogramming initials of your groomsmen or their role during your wedding.

Other leather products you may include on your list are leather money clips, barware, flasks and the like. You may find different themed leather items for men that are a sure hit on your wedding day celebration.

Janet is an author for a variety of lifestyle issues and topics. For more information on leather goods, visit the website Mygroomsmengifts.com and choose from their products. Shop for gift for men online!

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Trademark Registration on the Supplemental Register

Most people are aware of the numerous benefits of owning a trademark registration on the Principal Register of the United States Patent and Trademark Office (USPTO). In fact, trademark owners are urged by trademark attorneys to select distinctive marks in order to be able to, upon use in interstate commerce, be registered there and enjoy numerous presumptions such as validity, ownership, and notice. However, the Supplemental Register also has value, especially when the alternative is out of the question initially.

Before the benefits of being supplementally registered is discussed, it is important to understand that which a supplemental registration does not provide. Marks are often relegated to the Supplemental Register because, at the request of the USPTO examining attorney, the marks are merely descriptive and therefore not a distinctive identifier of the source of the goods or services to which the mark pertains. Such placement does not afford the exclusive right to use the mark in commerce in connection with its identified goods or services. Equally important, it does not serve as prima facie evidence of the validity of the registered mark or of the trademark registrant's ownership of the mark. Finally, it may be an admission that the mark is not inherently distinctive.

While these drawbacks obviously warrant a mark owner's desire to be registered on the Principal Register, a supplemental registration has benefits of its own. In fact, some entities choose to have a brand that tells consumers what it is they are offering (e.g. Pizza Restaurant) as opposed to an inherently distinctive mark (.e.g. Domino's®) that requires effort to create consumer recognition. Such marks are not going to warrant principal placement, although they be supplementally registered. After five years on the Supplemental Register, the mark may qualify for the Principal Register due to it having acquired distinctiveness. It is worth noting that both allow the owner to use the registered trademark ® symbol, sue in federal court, and take advantage of certain international treaties.

Thus, any registration with the USPTO is better than having no trademark registration at all. While ultimately the Principal Register provides the most benefits and best protection, the Supplemental Register should be considered where an entity prefers what is likely a merely descriptive mark at the outset or has failed to acquire the requisite distinctiveness to be registered on where many deem as the preferred spot.

Brian A. Hall is an attorney and partner of Traverse Legal, PLC, a law firm focused on complex litigation, intellectual property matters, internet law and trademark prosecution. Speak with a trademark attorney today and learn more about the numerous benefits of owning a trademark registration on the Principal Register of the United States Patent and Trademark Office (USPTO).

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What is Gross Domestic Product (GDP)?

Gross Domestic Product (GDP) like the CPI can be heard daily as a common economic terms, yet one not always understood.

As defined by economics theory, Gross Domestic Product measures a country's production output as a way of calculating the growth or decline of its economy. GDP sums up the value of all goods and services production by a nation within its borders over a specified time period, typically a year or 12 months.

GDP replaced another kind of measure, Gross National Product (GNP), in the United States in 1992, in order to be more consistent with the economic measures used by other countries. GDP centers on the locations where the goods and services are produced, e. G. Within a country's legal borders, whereas GNP measures the output of all companies owned by a nation's citizens no matter where those factories might be sited geographically.

According to theories of macroeconomics, Gross Domestic Product can be measured in three ways: expenditure, national income and value-added. Theoretically, all three methods must yield the same results, as expenditures for services and goods must equal total income paid to the producers, which must equal the total output value. The expenditures approach, represented by the following formula, is used most commonly.

GDP = Consumption goods and services (C) + Gross Investments (I) + Government Purchases (G) + (Exports (X) - Imports (M))

"Consumption" represents the sum of all households' personal expenditures, also termed private consumption, for things like housing, health care, food, etc. Not included in this term is new housing.

"Investment" represents the amount spent for capital improvements by business or households. This total includes such purchases as software, equipment or machinery for business and new housing, but not purchases of financial products, which are termed "savings" in economic theory.

"Government spending" represents the amount that a government spends for such items as military weapons, public employees' salaries, etc. Not included here are any benefits, such as old-age pensions, unemployment, etc.

"Exports" represents gross exports, or those products that a nation creates which are purchased by other nations.

"Imports" represents gross imports, meaning those items produced outside a country that are bought by its citizens, businesses or governments. These purchases have already been accounted for in the categories of Consumption, Investment or Government, so this value is subtracted.

Some economists like the national income method of figuring Gross Domestic Product to provide a more real image of corporate and personal wealth, that is, the capacity of businesses and individuals to exchange income for goods and services. This method is calculated by the formula:

GDP = Employee salaries and wages + Corporate gross financial surplus (profit) + Income of Proprietors + Income from Rentals + Net Interest

The third method, the value-added approach, is also known as the output method. This method focuses determining the total output of a nation by directly calculating the total value of all goods and services a nation produces. Its formula is:

GDP = The value of goods sold - cost to buy intermediate goods to produce goods sold.

International standards for computing Gross Domestic Product are found in a book titled "System of National Accounts, " published in 1993. Termed SNA93, this reference was created by representatives from the World Bank, International Monetary Fund, United Nations, the Organization for Economic Co-operation and Development and the European Union.

We here two terms quite frequently in the financial press, CPI and the ever present GDP. For more definitive info on both visit the site today.

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Accounting And The Consignor

In the dealer-agent relationship, the agent merely undertakes to sell the goods on behalf of the dealer at the best possible price. For these services, he receives compensation in the form of commission on the sales. Until the goods have been sold, they remain the property of the dealer and not of the agent. This means that the dealer is entitled to the proceeds from the sale of the goods dispatched, so the agent is obliged to pay the dealer the proceeds after deducting his commissions and expenses.

Usually each consignment is identified separately, by the opening of an independent account for it and the profit (loss) per consignment is determined as soon as the result is known. Goods sent to a consignee remain the property of the consignor until sold and in the case of a perpetual accounting inventory system the consignment is journalised at cost.

In the case of a periodic accounting inventory system, the purchases account will be credited. The consignment 'accounting account' has a twofold purpose: it serves as an inventory account for goods held by agents and also as a consignment income account.

Costs such as rail or sea freight or insurance will be incurred on each consignment. These additional costs form part of the cost of the consignment inventory and must be debited to the appropriate consignment 'accounting account'.

As soon as the consignor receives details from the agent regarding the sale of goods, he (the consignor) is able to determine the profit or loss on the consignment. The notice or accounting report received from the agent is known as an account sale and provides full details about the goods received by the agent, goods sold, cost incurred by the agent, a debit for his compensation (commission) and the balance of unsold goods.

Thus, the consignment 'accounting account' contains all the details concerning the consignment transactions. Therefore, a profit (loss) can be determined and transferred to the general income account. The balance on the account represents the cost price of the unsold inventory and is shown, together with other inventories, in the financial accounting statements.

The cost price of unsold inventory consists of the initial purchase price plus the proportional portion of all costs related to the consignment, but excluding commission. Commission is a function of sales and is, therefore, a selling expense that must be written off against the profit (loss) arising from the particular sales transaction.

When the agent receives the goods, he does not usually make a formal accounting entry, since he did not purchase the goods nor did they belong to him. However, he will keep an inventory record to record the receipt and sales of the goods. An alternative would be to debit a consignment received 'accounting account' with the invoice price and to credit the consignor. When the goods are sold the amount will be credited to the 'consignment accounting received account'.

Michael Russell

Your Independent guide to Accounting

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Bottega Veneta High End Designer Goods

The company was founded in the 60's and was started by Vittorio and Laure Moltedo. Its focus was on mens and womens designer ready-to-wear clothes, home items and leather goods. It was in the beginning a family business and was located in Vicenza a city near Venice, Italy. Bottega is a timeless luxury line and is known for its exclusivity and famed signature Intrecciato Line. They also were well known for not splashing their label on the front of every item they created, like some companies do. This is why they are so well loved as a classic style not a in your face, labels all over every item type of brand.

In July of 2001 the company merged with the Gucci Group, and the designer Tomas Maier (German born) took control and revived the line by making if feel more modern and making their traditional woven leather their signature. The Bottega handbags have very clean lines, the finest soft leather, and classic style as apposed to trendy designs that are in one week and out the next. Tomas has the same ultra luxury feel in his ready-to-wear line and the company is well known for their $3000 handbags, hand woven belts and shoes.

The company sells it items through high end department stores such as Neiman Marcus and has US boutiques in: California, Florida, Hawaii, Illinois, Nevada, New Jersey, New York, and Texas. New boutiques are opening in 2008 in Scottsdale Fashion Square, and on Newbury Street in Boston. Bottega also has international boutiques in: Italy, Spain, France, the United Kingdom, Switzerland, Germany, Russia, Japan, Hong Kong, Guam, Korea, Taiwan, Singapore, Indonesia, Malaysia, the Philippines, Thailand, Kuwait and the United Arab Emirates.

For more information on Bottega Veneta visit:

http://www.bagdesigns.net

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Cutting Through Customs' Red Tape

Vacationers who enjoy shopping during their Caribbean travels will find plenty to buy, no matter which island they plan to visit. However, one question many travelers ask is how to bring these purchased items back into their home country. With a little knowledge, and the right paperwork, passing swiftly through customs does not have to be difficult.

Knowing which items are permitted and which are not will protect you from additional fees or lost goods. Because each Caribbean island is different, you will find variations in the laws that protect items going into and out of countries. Each island will also have its own popular native goods.

Leaving Home

When leaving home to enter the Caribbean, some travelers document their prior possessions, registering them with a Certificate of Registration or similar form available through your home customs office. Make a note of serial numbers and other permanent markings on such forms to keep customs agents from being concerned about your personal items.

If you are taking any type of prescription medication, bring your doctor's prescription with you while you travel. This will help ensure an easy, no-questions-asked trip through customs and can also help if you accidentally lose your medication during your trip. However, remember that the many so-called "recreational" drugs are often illegal throughout the Caribbean as well, and traveling with them is not permitted.

Return Ticket

Going through customs on the way home can be equally taxing, so you may want to remember to bring important items, such as receipts. Whenever you receive receipts for souvenir purchases, keep them. They can be especially helpful when passing through customs.

Native goods may include perishables, such as cigars, liquor, and coffee. Hot sauces are also popular on some islands, and the quantity of these goods you may bring home is usually limited by your home country. However, goods are mostly limited by a monetary amount, after which point they may be taxed. So if you're looking to pick up duty-free goods, be especially careful of the upper limits allowed back into the country.

When returning home, U.S. citizens should plan to bring along no more than $800(USD) in merchandise from most Caribbean countries. American vacationers returning to the mainland from the U.S. Virgin Islands may bring in twice the amount of goods. Remember, you can often mail souvenirs and other items home, or you may even mail your own personal items that you won't need immediately when you return, which can help you save space for packing.

So if you're looking for sure-fire ways to pass easily through customs, know the rules before you go. Don't forget to bring and keep any paperwork that will account for your belongings during your journey. With these rules in mind, passing through customs from the Caribbean [http://caribbean-guide.info/traveler_basics/customs.jsp] should be a breeze.

Jennifer Smith writes for VirginIslands-Guide.info, Jamaica-Guide.info, and other Segisys travel Web sites.

© 2005, Interactive Internet Websites, Inc.

Article may only be reprinted if it is not modified in any way, and if all links remain live.

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Benefits of Honey in Beauty

Honey includes wax, sugar, and many of minerals. It is an expected moisturizer, over and above an anti-irritant building it appropriate for thin-skinned skin category. Honey is able to be found in a lot of of the beauty goods you locate in your narrow drug store or preferred beauty deliver store. A few of these goods can be very costly to purchase and a lot of of these goods can be prepared at residence.

Endeavor some of the subsequent honey beauty tips underneath

Honey cover: Apply clean honey to your face and permit it to lie down until dried out. This will acquire 15 minutes. Formerly dry, clean your face with hot water.

Body blush wash: To moisturize, soft, and obtain an all in excess of body blush, keep a jar of honey subsequently to your bathtub. Apply honey on your membrane and stroke dry by means of both hands. At the same time as touching your skin, the honey will get muggy and softly haul up your skin. Wash away the honey at what time you are completed. The consequences will be huge circulation and attractive, shining skin!

Honey rub: Muddle up 1 teaspoon of honey by means of slight almond flour hooked on the palm of your hand. Softly submit an application of honey on your face for a facial wash. Soak your face with hot water to do away with honey rub.

Hair conditioner: In favor of hale and hearty hair and scalp, unite half mug of honey and 2 tablespoons of emerald oil. Wet through your hair by means of the honey blend, put on a bathe cap and permit it to stay behind on hair for about 30 minutes. Following 30 minutes, rinse and soak your hair as you on the whole do.

Membrane toner: To dense, level, and humidify your skin, merge 1 peeled, cored apple by means of 1 tablespoon of honey in a mixer. Beat honey mixture awaiting smooth. Softly apply honey blend on face and permit it to stay for 15 minutes. Wash your face by means of balmy water to take away the honey combination.

Through the above beauty instructions, you can make reasonably priced spa-like yield at residence. Honey is magnificent beauty inventions as it contains logically taking place enzymes, vitamins, and natural resources. Be in no doubt your honey is all natural by pay for just 100% uncontaminated honey to generate your beauty goods.

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Electronics Wholesale Supplier - 6 Ways to Get the Best Supplier For Electronics Goods

If you are looking for electronic goods for your own business, or if you really want to have extra income by selling electronic products online, then critical to your success in your endeavors is getting the best electronics wholesale supplier.

Today, more and more business-minded people want to earn more money through online and offline retail shops or via auction sites, such as eBay. No matter what your reasons are in finding bulk order distributors, it is crucial that you get the top and legitimate product suppliers.

Looking for top-notch bulk order electronic products for your enterprise could be very challenging if you do not know how to find one. There are numerous ways on how you can find an electronics cause first-rate online directories carry out their own legwork to research, contact, and test the lewholesale supplier, such as visiting trade shows or warehouses, or directly contacting product manufacturers. You can also find the best supplier through directories on the Internet.

Wholesale directories online are getting more and more popular nowadays begitimacy and reputation of the wholesale suppliers before they make recommendations. They also do this before they include the distributors and manufacturers on their listing. This eliminates the many risks that you will end up with when you deal with swindlers, cheaters, and scammers. To find the best electronics wholesale supplier for superior electronic products, you must consider the following things:

1. Legitimate and reputable suppliers. You will find many lists of trustworthy and credible merchandisers. They range from branded products to generic products. It will guarantee you to have quality electronic goods.

2. An enormous variety of merchandisers and goods. It is like a one-stop information bank of everything you need. If you are searching for electronic goods suppliers, you will certainly get the first-rate products that you want.

3. Provides for small as well as big enterprises. If you are a beginner in the online trade system, you must find an electronics wholesale supplier that also provides for small- and large-sized businesses and beginners like you. You must look for a distributor who does not require minimum orders.

4. Customer service. Customer service is an important criterion when searching for a distributor. You should make sure that the company has a support team that will help you when you experience difficulties.

5. Forum. Look for directories that have a real-time forum with power sellers and members.

6. Latest list of distributors. Certainly, it is very important that directories have the updated list.

The selling of the electronic products is the most unproblematic part. The most difficult part is getting the best electronics wholesale supplier.

Discover where you can get deep wholesale discounts from the best and most reliable dropship wholesalers.

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Make Money Buying and Selling at Flea Markets

Everyone at one time or another will probably visit a flea market. Flea markets can be a fun time for the whole family. I remember going to the flea market as a kid and going home with toys I had never seen before. Growing up I found my self visiting flea markets trying to find a deal or two. As time went by, I saw the money you could make at flea markets. The same people sell at flea markets each week religiously for a good reason. It can be a gold mine. Your average flea market on the weekend can see over 10,000 visitors. If you can't make money at a flea market there is something wrong.Check out your local flea market. You don't have to be special to reserve a spot to sell your goods there. You just have to make arrangements and pay for your spot/table. Then you can sell any goods you have. Some people will pay full price without trying to talk you down. Other customers will try and wheel and deal their way to a good bargain. Either way, you will make tons of money at a flea market because of the volume of customers you will get.

My niche at the flea market was jewelry and lingerie. Find your niche and go for it! You don't even have to sell name brand merchandise. People are at a flea market to find things for a good price. You won't make as much money if your product cost a hundred dollars or more. So as long as the price is right, you will make money. There are tons of wholesalers who offer some really great priced goods that are not name brands. Buy some no-name goods wholesale and resell them at the flea market. You can make some profit and sell an interesting product at a great price for the people at the flea market.

Flea markets are also known for having goods you can't find anywhere except a flea market. Who cares if you aren't offering anything you can buy in retail stores. People visit flea markets for the experience of finding something different than you can find in regular stores. You don't need name brand products to make money at a flea market. Weird and rare things sell remarkably well at flea markets(the same rule holds true for ebay). Take my word for it, find something good to sell that you can get for a great deal. Get enough stock to last you the whole flea market length. Buy a table/spot at your local flea market. Be prepared to make some serious money. Bringing home over five thousand dollars in a weekend is not out of the ordinary when you sell at a flea market.

At a flea market you probably won't find someone selling the same thing as you. No competition means more money! Maybe do a scan of the flea market the weekend before you plan to sell and scope things out. Find out who is selling what and where they are. Map out your plan of what to sell and where to sell it at the flea market. The key is finding a good spot to sell your goods. The good tables are worth paying the extra money if it means a location where more people will see you.

Buying from flea markets can be a great score also. When you are a seller at a flea market, you usually get there early in the day. Which means nobody is there shopping yet. The early bird gets the worm. Hit two birds with one stone. Scope the place out for the best deals of the day from the other sellers there. I have found tons of things I have made really good money from at flea markets. Buy it cheap at the flea market and resell it on ebay for tons more money.

That's right, just beware of counterfeit and fake goods: And you can make some great money from buying at flea markets and reselling on ebay. From simple things like snow globes, nick-nacks, to collectibles, and decorations. All kinds of things are at flea markets with lots of ebay potential. Heck, if you have your own website; list the goods you buy from the flea market there so you can make money without paying ebay fees. Either way, the rewards are very much worth it when you are a regular visitor to flea markets.

I look at flea markets, yard sales, and things like that as potential gold mines. You always hear stories of people finding really good things there. I have found some really good profit makers through the years just because of flea markets and yard sales. So, look in your local paper. Check out all the flea markets. Go take a leisure visit and see what you can find. Take the family if you can't leave the house without them. You will have fun and probably make some money. At the same time; see if there can be a future for you selling at the flea market. I bet you can, goodluck!

Learn how to start your own home business by following this amazing step-by-step guide. Want to be an Ebay Powerseller? This guide will help you. Check out my Daily Blog.

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All About Sports Authority Sporting Goods - A Complete Review

Do you love to play sports? Alright, here’s the deal…if you are like the majority of the human race, then just maybe you enjoy sports on some level. And if you are among the male gender I would like to stress this point even further. With the enormous range of sporting events, athletic stores as well as friendly games thriving throughout the US of A, it’s for sure that sports are quite the rage.

Where do you go to purchase your sports equipment? For sure, you have to browse somewhere for maybe a hockey stick, shoulder pads or perhaps a decent basketball. Now let me give you a few tips on where to shop. Have you tried the sports authority sporting goods stores?

You can browse through a great selection of products with sports authority sporting goods that range anywhere from soccer to baseball, basketball to football. No matter what sort of equipment you are looking for, you will find virtually anything you need at sports authority sporting goods stores.

A few days back, I was in desperate need of a quality baseball mitt. Though I looked briefly through a number of the local sporting goods stores, I unfortunately found nothing that was of quality. In fact the selection was just too slim. I actually prefer the finer gloves, the kind that will last an avid player for many years to come.

What’s more this was going to be a gift for my nephew. Surely I didn’t want to let him down. This was exactly when I decided to browse online as anyway the Wide-Web has it all! I wasn’t going to miss out on any stop, that’s when I stumbled upon the sports authority sporting goods website. Alas! This site is the bomb! Not only did they have a fantastic selection to choose from but I was able to spot the perfect mitt I had been looking for all this while. Ordering online is such a hassle-free experience and the product was shipped so fast, that too all within the comfort of my home!

Are you looking for some quality sports equipment? Just incase you have any trouble finding what you're looking for at local sports stores, then may I suggest you give the sports authority sporting goods store a try. Hop online today and check it out for yourself! It’s fun browsing through the wide range available on their website. For sure, the internet is the coolest way to shop nowadays. What better way to beat convenience and low prices, than by browsing at your very fingertips!

Mike F. Prince provides readers with up-to-date commentaries, articles, and reviews for sports, games as well as other related information.

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The Goods on a Golf Swing Trainer

A golf swing trainer is a device that helps you to consistently swing properly. There are many options available, from those that are designed to fix your slice to those that will help you get a longer, faster drive.

Don’t be fooled by the manufacturers that say their trainer will solve any and all golf swing problems. Know your primary swing faults and focus on finding a golf swing trainer designed to fix them. All trainers have the same purpose: to improve your swing mechanics. The majority do this by using what is known as 'muscle memory.' The idea is that if you carry out a movement time after time, exactly the same way each time, your muscles become attuned to it. You will be able to execute that movement without having to consciously make your muscles follow the routine.

One type of golf swing trainer you might be familiar with is the large, round devices often made of white piping. These are called golf swing plane trainers. They specifically help you get a feel for the proper swing plane for your body size. These trainers have stood the test of time so you’ll see them at a lot of driving ranges and courses that offer instruction. Some have exercise cords that strengthen your muscles while keeping your swing in the correct plane, and others keep your arms and legs in the correct posture. Some do both, but remember that you get what you pay for.

Before you invest in a golf swing trainer like this or something simpler, try it out. Most pro shops will allow you hit a few balls in a hitting bay to get a feel for the equipment and its effectiveness. Whether you are considering a big or small investment in equipment, have a golf pro look at your swing and suggest a golf swing trainer. Ask other golfers what they have tried.

One thing to consider when determining whether a trainer is worth the money is its longevity. If you consistently see advertisements for it, it’s probably an effective training aid and therefore a good buy. But, if you see people trying to unload their used trainer at steep discounts on the Internet or at yard sales, chances are pretty good that it was less than effective.

Once you chosen a golf swing trainer, use it regularly. It will take some time to fix your swing faults, so give it a chance. Too many trainers are collecting dust because their owners got frustrated and gave up on it after just a few sessions.

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Richard Myers provides the avid golfer with video instruction to improve his or her golf swing. By using his golf swing trainer you will be able to lower your golf score significantly.

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How To Measure Inventory

Someone in any company must learn to measure inventory because this is a way of finding out how a product is doing in the market. Without this kind of activity and business practice, one will not be able to see how well the inventory is being managed, especially for products that are sold on consignment. Whenever inventory is analyzed or measured, what needs to be seen or captured in the data is the number of times that finished goods are sold. This may be done on a weekly, monthly, or annual basis.

It is a given that if the inventory is not turned over, the products are not sold. These goods that are stocked in the shelves or warehouses are costing money to companies. Goods that are unsold are always equated to capital that is just lying around. It is not generating funds but it accumulates costs. Other than that, these goods may perish especially if they have short shelf lives. Although it is ideal to have zero inventory, it may be said that as long as the inventory is balanced, one is assured that the business is moving on and that there is a good cash flow if the goods are moving steadily from the merchandiser to the end user.

To measure this, one must have data. Of course, it need not be said that the data should be accurate. To calculate this, the total annual sales is divided by the inventory value. This is normally done in an annual basis since it is a common business practice to see how it grows year in and year out. One must do this in order not to over produce. Also, if the inventory return is low, this means that the company must come up with initiatives to increase sales through marketing.

Another way of seeing the effectiveness of inventory strategy is through inventory levels. One must note that there are three types of inventory. These should include the raw materials that are found in the company. Another is the work that is in progress. These are things that are yet to be converted into finished product. The last type of inventory is then actual finished goods ready for delivery or marketing.

Raw materials are the parts that will be used to come up with a product. This means it includes everything from bolts to screws, etc. Once these materials are currently being assembled, these should be included in the second type of inventory, which is work in progress. Lastly, the finished good is the final outcome of the process of putting the inputs together.

When the level of inventory is calculated, one must take note that the production rate is an important mathematical formula that plays a significant role in inventory management. Production rate is the number units completed or assembled over a given period. To measure inventory accurately, this should only include completed products that are ready for shipment or sales. To calculate this, the total number of completed products should be divided by the specified timeframe like weeks, days, or months.

If you are interested in measure inventory, check this web-site to learn more about measurement inventory.

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