Archive for July, 2018

Get the Best Steps for the Right factoring Process

The factoring contract can take 3 forms to meet the requirements of all companies:

Classic factoring

  1. The classic factoring presented in the previous paragraph. You have the choice of offers, between independent services or the complete package including simple cash advance, guarantee against unpaid bills (credit insurance) and full management of the receivables.

If you have taken out credit insurance with a third party, the factor also collaborates without any problem with your insurer.

Factoring not notified in delegated management

  1. Non-notified factoring in delegated management, also known as “confidential factoring”. The factor guarantees the assigned receivables and advances the cash, but you keep the total control of the management of the receivables, and these are not informed of the existence of the factoring contract.

You perform billing, reminders, receive payments and maintain customer relationships. Since the risk is maximum for the factor, the price increases accordingly. Fine utilities for the best factoring invoices now are available.

This formula is intended primarily for companies generating more than 30 million euros of revenue at least, with a solid financial structure, a stable customer portfolio, proven technical expertise and a powerful information system.

Inverse factoring

  1. Reverse Factoring or reverse factoring is for the factor to pay good supplier invoices to be paid in advance in order to benefit from a commercial discount from them. The company reimburses the factor at the normal due date of the invoices.

When to use factoring?

Factoring can help you at every stage of your business life: when you start up, when you run out of cash, and if you find it hard to convince banks to give you a loan; in the mature phase, to support your development, to protect you against the failing customers, to lighten your constraints and administrative expenses.

Factoring is aimed at all companies that work with a clientele of companies or professionals, including public bodies, regardless of their size or field of activity, export or not.

 

Some sectors lend themselves better to factoring: industry, transportation and IT. On the other hand, this solution is rarely offered to the construction industry, hampered by the duration of the work and the risks generated by the multiple intermediate bills.

To find out if recourse to factoring is recommended in your case, study the composition of your customer portfolio: if some accounts represent a very important part of your turnover, the slightest payment problem can impact your finances; Factoring is then the way to reduce risk while improving your cash flow.

Consider also the proportion of your paying clientele on credit with questionable creditworthiness and evaluate your ability to withstand outstanding payments (amount, frequency).Lastly, factoring will be particularly beneficial if you have a seasonal business because it keeps pace with your sales.

All Regarding the Right Load Board Service for You

We advise to provide between 12 and 15 cardboard boxes per piece. Of course, this is only an approximation to help you determine how many boxes are needed. Some rooms, such as the kitchen, require more boxes than bedrooms. For opting for the Freight Search’s load boards free you need to know the followings.

How to measure a cardboard box?

  • Always take the inside dimensions of your boxes.
  • Note the dimensions in this order:
  • Length X Width X Height
  • Dimensions in inches
  • If you are measuring in centimeters, divide your results by 2.51 to get the equivalent in inches.
  • In this example, you have a box of 16 “X 11” X 8 “

How to measure-box

What sizes of cardboard boxes are needed?

In order to pack dishes, books and small heavy objects we advise you to use a format of about 1.5 to 2 cubic feet. For cauldrons, pans, children’s toys or even clothes, a box of about 3 cubic feet would certainly be useful. Finally, for pillows, duvets, sheets or any other very light but bulky objects, it is best to use a large box with a volume of about 5 cubic feet. Check the best moving package for you.

How to protect your fragile objects?

For regular dishes, you can use wrapping paper (sold as a package) that has a texture similar to traditional newspaper. This product will allow you to protect your plates, bowls and glasses during transport.

For more fragile objects such as crystal ware, porcelain or frames or mirrors, we encourage you to use biodegradable bubble wrap (certified EPI) sold in rolls that will offer greater protection to your objects.

Value

CAUTION: It is important to make sure there is no free space in your cardboard boxes so objects do not move inside. You can then use wrapping paper, put into balls to fill the gaps created.

You will find all these products in our “Everything for packaging ” section and also in some luxury moving sets .

What is the best way to pack frames?

Among our inventory, frame boxes are available so that you can protect them well. However, we advise you to pre-pack them with bubble wrap for maximum protection. You will find all these products in our “Everything for packaging “section and also in some luxury moving sets .

What is the best way to protect a mattress?

We suggest you buy protective envelopes made of resistant plastic. These are available in 4 different sizes: single mattress, double mattress, queen mattress and king mattress and are suitable for new, thicker mattresses. You will find all these products in our ” Everything for packaging ” section.

Take the time to identify your boxes with labels

We suggest you take the time to identify your cardboard boxes using color codes for each piece. The movers will find it easily and you will save time and money through greater efficiency. When the time comes to unpack, you will be happy to have identified the content to get you back into working order quickly. It is also prudent to prepare one to two boxes of survival tools and accessories that will be very useful during the transition. Tools, utensils, toilet paper and all that will be needed for a soft landing and especially do not forget the lemonade. We have practical labels available in store and online, ask for them.

Take advantage of the new and convenient change of address service: Moving Waldo. Change your addresses in one place.

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