August 2009 Archive

Sometimes ago, some friends told me that they have found their favorite eyeglasses in the perfect website. This online optical called as the Zenni Optical. So, I started search for this optical in the internet.

I clicked the Zennioptical.com to get some excellent eyeglasses for me. Then, I guess I must admit that I agreed with my friends. This is the excellent online optical. They have the $ 8 Rx eyeglasses. In this site, I also could find My favorite high fashion eyeglasses in this site. (more…)

?Unnecessary excess cash balances should be avoided. Excess cash is an unproductive asset that doesnt pay its way toward meeting the companys cost of capital (i.e., the interest on debt capital and the net income that should be earned on equity capital). For another thing, excess cash balances can cause managers to become lax in controlling expenses. Money in the bank, waiting only for a check to be written, is often an incen- tive to make unnecessary expenditures, not scrutinizing them as closely as needed. Also, excess cash balances can lead to greater opportunities for fraud and embezzlement. (more…)

A business has one other asset not shown in Figure 5.3 or mentioned so farcash. Every business needs a working cash balance. Recall that in the example the companys annual sales revenue is $52 million, or $1 million per week on average. But the actual cash collections in a given week could be considerably less or much more than the $1 million average. A business cant live hand to mouth and wait for actual cash collections to arrive before it writes checks. Employees have to be paid on time, of course, and a business cant ask its creditors to wait for payment until it collects enough money from its customers. (more…)

Communication technology more sophisticated, cheap, and easier to get today. Phone bill used to drive us crazy every month because it was cost a lot every time we make long distance call. This is also a burden in every company. For years every company apply strict role according to communication budged especially when the company have the branch in other country. It was hard to conduct meeting when involve all the branches. There was a representative from every branch and this increased the traveling cost. Since internet is used especially in office application everything can easily be done. All the staffs can participate in the discussion using conference call through internet using VoIP technology. (more…)

Since internet has been widely used there are many opportunities has been created in many sector especially commerce and marketing and then well known as e-commerce and online marketing. Different with traditional marketing and commerce both of them have wider scope and there is no boundary at all. It is because everyone can do transaction and publish their business world wide. The possibility to get customer is higher than if only play in local market.

Having online shop also can cut the operation cost since it does not need physical store. All transaction can be done through website. The website can be used as store display, counter, and customer service. The cost to setup a website is cheaper than rent or build a store. The online store can open for 24 hours everyday so everyone can access it every time and every where. It does not need too many resources to maintain the website. (more…)