Product profile

Date: 2009.10.11 | Category: Business | Response: 0

Dinnerware and kitchenware items are basic requirement for any house hold and food industry establishment: restaurant, café or hotel. The need for quality and / or quantity is met by a number of well known, traditionally recognized manufacturers and volume production supplier. The upper end of the market is supplied by Spode, Royal Doulton, Rosenthal, Noritake, Wedgwood and several other highly respected names. The volume / hotel supply comes from large pottery production operations, often located in low labor costs areas such as China, Taiwan, Malaysia, etc. quality is commensurate with price while the appeal of design uniqueness is often Read the rest of this entry »

Janware Distributors

Date: 2009.10.01 | Category: Business | Response: 0

Janware Distributors has been created to obtain designer manufactured pottery and ceramic dinnerware products from selected regional supplier to exclusive supply specialty restaurant and the appropriate segment of the private consumer market. Agreement have been defined with qualified suppliers to contract with Janware Distributors and two lines of low end market product have been secured for supplementary sales.

The principal of Janware Distributors, David Janes has several years experience in the dinnerware industry and will be joined in the enterprise by his wife, Anne Janes, who is qualified in book keeping and has both sales Read the rest of this entry »

Executive summary

Date: 2009.09.22 | Category: Business | Response: 0

You will have to decide, perhaps with your accountant whether labor, operational overheads, funding or other costs that may be directly related to producing your product should be included in the cost of goods figure. As the business plan concept being recommended is following the KISS principle, (Keep It Simple), separating the various overhead cost factors avoids complex allowances and allocation which can be beneficial for a commencing business with an initial business plan. When established, the more sophisticated accounting and allocating procedures would justifiably be installed. Read the rest of this entry »

Wages and salaries

Date: 2009.09.13 | Category: Business | Response: 0

Sending an invoice is not getting paid and customers are always reluctant to send their money. If you extend say, 15 day payment terms conservative and plan for at least 30 days before the cash will arrive. It’s better to be pleasantly surprised than unexpectedly cash poor.

Your cash position or cash flow is the operating center of your business. Positive cash flow says you are ahead of the game; negative cash flow says you have a problem. If the money is not in the bank, your bills won’t be paid unless you borrow there by creating another expense. Read the rest of this entry »