Archives for November, 2009
Posted on Nov 26, 2009 under Heavy Equipment Training |
Fishing is an interesting hobby. This can be done anywhere that has water so it won’t be that hard to get started. In some countries such as the United States, this is considered to be a popular sport.
In order to win, the player must reel in the biggest fish and not how many are in the bucket. When it is captured, an official will weigh it and then throw it back into the water. This sport is better known as Bass fishing.
Bass fishing is something that the person will not learn or be good at overnight. Here are some tips for those who want to excel in bass fishing.
1. To excel well in bass fishing, one has to study the creature. The individual should know where it lives which includes the environment and water temperatures where these are located.
2. If the water is warm, there won’t be that much Bass in the water. However, there may some around given that there is nothing the fish can do. More of these will be found in moderate temperatures where these fish will put up a fight before being caught.
3. Bass love to hang out over sheltered areas where old trees that have fallen into the water are used by smaller fish as a home. This information will tell the individual what type of bait or lure to use given the conditions.
4. The next tip is basically the type of equipment that the person is going to be using. There are so many brands to choose from for the rod, reels and lines so it is best to ask the sales clerk which is the best to use given the conditions of the water.
5. The use of high tech gadgets is sometimes the best thing around when fishing for bass. This will make sure the person is in the right spot instead of doing the hit or miss process that will make the competition get ahead in this sport.
6. The conditions are very different when going from one fishing location to the next. Before going into the water, asking the locals for some tips is a good way to get a head start.
7. During the tournament, it will be a good idea to befriend the other competitors. After it has ended, this will be a good time to learn some valuable lessons so that the person can improve the next time one decides to join.
8. There are bass fishing groups online and memberships that provide training to first timers and veterans alike. It wouldn’t hurt to join one of these organizations. After all, no one can really say the individual is an expert given that the winners are different every time.
The tips mentioned for bass fishing will surely be helpful for those who want to participant in a competition or are just there to have fun. One indicator that the person is improving is based on the number of fish caught and how heavy it is.
The player may not win this time but it can happen in the future competitions. It takes a lot of practice and patience to be just as good as the pros so one has to hang in there because that time will come.
Anthony Lee
http://www.articlesbase.com/sports-and-fitness-articles/8-bass-fishing-tips-for-a-good-catch-75035.html
Posted on Nov 26, 2009 under Heavy Equipment |
Home business security isn’t just about protecting your PC from online intruders. You also need to protect your equipment, your home business information and your furnishings from unwelcome intruders. Here are some tips.
A few years back a security firm conducted an independent survey of computer theft. One insurance carrier alone reported 387,000 incidents of notebooks being stolen and another 16,000 PCs. This was only in the United States. This computer firm insures against such theft (a home business must for your crucial equipment) as well as damaged that is caused by accidents such as power surges, lightning, vandalism, water, and natural disasters. Of these situations, the report determined that the three most common for both home business, personal use and office environment property, were accidental damage (number one), theft (the second most prevalent) and power surges.
This firm’s protection includes complete replacement or repair of the home business computer system, with no deduction if the system must be replaced. Computers in transit (such as laptops you’re carrying on business trips) are covered to $10,000. The firm also provides for reimbursement on temporary rentals as well as protecting you from any computer fraud perpetrated on your online home business by staff or others. A wise home business owner would purchase such protection.
You can also protect your home business computer from theft in several ways. Not only can you help protect it from being taken in the first place but, in the event it is stolen you can protect its contents from intrusion and aid law enforcement in its retrieval and the capture of the thieves.
There are several firms offering a sort of Lojack for computers. Some of the products and services help deter theft with the use of alarms, while most are more into retrieval and protection of the data inside. With the majority of these home business equipment protection firms, all data on your PC or laptop is immediately locked down and inaccessible to anyone, rendering the computer useless to the thief except for parts. Most of these programs will let you pick and choose what you’d like someone locked out of so you don’t necessarily have to wipe out your primary programs such as Office and others. They all send a signal that, once the thief starts up the stolen computer, indicates the address and / or phone location of your stolen equipment.
For those who want to keep their home business equipment safe at home there are clamps and cables such as bike lock cables that secure your equipment to whatever heavy home business furnishing, pipes or other permanent fixtures that will make it nearly impossible for a thief to remove the computer from your home business environment. What’s important to keep in mind about this, too, is that your lock, clamp or cable doesn’t need to be fool proof. Most burglars enter the homes and home business offices that are the most accessible. If they can’t enter your home, enter your home office and remove your online business equipment in under ten minutes they’ll give up and attempt their theft at a home whose entry and equipment is more easily accessible.
Garland Choate
http://www.articlesbase.com/home-business-articles/how-to-stay-safe-with-your-home-business-131047.html
Posted on Nov 26, 2009 under Equipment Financing Company |
Before embarking on writing a business plan for starting a car wash, a definition of what a business plan is in order. A business plan is a document to identify an opportunity, research why this opportunity is profitable and the steps needed to capitalize on the opportunity. The business plan can be a formal document or it can be written on the back of a napkin but the mere act of writing the idea down forces you to get the idea out of your head and on paper which helps find hidden business flaws and makes you think carefully about each phase of your business.
Creating a business plan is something anyone can do, even if you donât know anything about business or finances. Even though the business plan is critical to getting the idea off of the ground, many entrepreneurs procrastinate when it comes to preparing a written plan. If you donât know anything about business or finances, this is the best time to begin learning as the chances of your business being successful will be limited without this knowledge. Just as a builder won’t begin construction without a blueprint, entrepreneurs shouldn’t rush into new ventures without a plan. The old saying that âthose who fail to plan, plan to failâ is very relevant when talking about starting a business. SBAâs statistics claim over half of new businesses fail in the first three years and the common factor is poor planning or under-capitalization (which is also poor planning).
Getting Started
The first step in creating a business plan is just getting started. Writing the business plan may seem overwhelming at first, but if you break the plan down to bite sized pieces and work on one section at a time wonât seem as daunting. Begin with what you know first and describe your business and your product or services. Work towards the more difficult subjects such as marketing, operations and financials. Donât worry about it being perfect now, just get the concepts on paper - expand and refine later. If you get stuck on a section in the plan, skip it for now and come back later when you have more details.
Who is your audience?
When writing your car wash business plan, you need to keep in mind who your intended audience is and why you are writing the plan. Why? A plan for the bank will be less interested in the exit strategy and return on investment than one for equity investors. Additionally, a plan for written for internal use will be different than one looking for financing as a bank is not necessarily interested in detailed operations of the business.
Structure
Business plans tend to have a lot of elements in common. While there is not a format that all business plans follow, there are generally accepted guidelines that most follow as the order in which the subjects flow are not random. The Business Description of a business plan is aimed at painting a picture of your business and why this business will be successful. The Marketing, Management and Operations sections are researched and a strategy of how your business will compete and operate is developed. Last financial projections show in numbers what you explained in the business plan for the sales and expenses.
Breaking these three major sections down even further, a business plan consists of six key components:
Executive Summary
Business Description
Marketing
Managers & Employees
Operations & Location
Financial Projections
In addition to these sections, a business plan should also have a cover, title page and table of contents.
How Long Should Your Business Plan Be?
The answer that nobody liked in school applies to a business plan which is, âas long as it needs to beâ. The more complex a business or the more sophisticated investors or funds requested will increase the length of a plan. An average car wash business plan narrative should be 4-15 pages plus financials and appendix items.
Business Plan Outline
Executive Summary
The executive summary is the first part of the business plan but is the last to be written. It gives the reader a quick glance of what your business proposal is about and what you are asking for. This part is critical as most readers will scan this section before deciding whether to read further.
The executive summary should typically be about one-half of a page in length and include what you would cover in an elevator pitch such as:
Explain the condensed version of the business concept
Product description or service proposition
This section should emphasize any unique features or benefits that what is currently in the industry or area, aka why would someone buy your product over the competition.
The demographics of your market
The Management team
When the anticipated start date is
Your equity position
How much are you asking for
Concise is the key in the executive summary. You will go into more detail later in the business plan.
Business Description
The purpose of the business description is to objectively describe the car wash business details and future potential include:
Mission
What the business does
Description of products and/or services
Industry information
Business Organization
Status of the business (start-up, expansion or purchasing)
Current and future goals
Any facts or figures should be noted and sources included in the business plan. This information is important should you need to defend your data and assumptions. The business description is where you are trying to paint a picture of the potential of your business along with the facts to support it. Try to inject energy and excitement to get the reader enthusiastic about the idea, without going overboard of course.
After describing the business, it is time to describe and additional products or services your car wash is selling. Keep in mind that it is important to show how your products and services are better than the competition. If you donât have a good answer than you should rethink your strategy. What is it about your car wash that is going to get the customer to change doing business with the competition?
Marketing
A very important part of your business plan is the marketing section. Regardless of the quality of your products and your services, your business will be lost in the clutter of advertising. If you donât know your customers, how will they ever find you? All of this begins with doing some research.
Customers: Who Is Your Market
The first step is to determine who you are going to sell to by identifying common characteristics of your market such as age, income, race, religion, education, interests and/or geographic locations. While everyone will want to wash their car product how are you going to effectively advertise to everyone and still make a profit? What you need to do instead is determine the group or groups of people who are most likely to use your car wash services and market to them. After all you are trying to generate a positive return on your marketing dollars, so use them wisely.
Competition
In today’s ultracompetitive marketplace, there is going to be competition, no matter how creative your business concept is. Attempting to run a portion of your car wash business better than the competition may be a difficult challenge so it is often better to focus on planning on being different and competing with them less directly. Can you serve a particular market niche such as the elderly that isnât being looked at? Can you identify a unique operations/marketing/distribution strategy with a mobile approach? Even if you donât have direct competition in your area meaning someone selling the same or similar products/services, you will have indirect competition for replacement products/services. If you indicate in your plan there is no competition it will be viewed that there is either no market for your product or you have not done your research.
Optimally you will want information on at least three but no more than five competitors. List information about who they are, how long they have been in business, location, products or services offered, perception on pricing, quality, etc. and compare your advantages and disadvantages. If the information you are looking for is not available online, you may need to pretend you are a customer to get some of this information.
Distribution - How Will You Get the Product To The Customer: By looking at who your market and competition is, you will have an idea of how to get your product to them. Perhaps through your research you will find a strategic advantage to serve the customer that the competition does not.
Promotional Strategy
With the above steps researched, the promotional strategy follows. The promotional strategy is where most entrepreneurs fail as they use the blanket statement that they are going to advertise in the newspaper, radio and/or television without thinking through the process or the customer. The promotional strategy provides you a map of how you are going to reach your market in the most efficient manner possible. Advertising is expensive, use it wisely.
Sales Projections
On of the more difficult areas of the business plan is coming up with sales projections. This number is probably going to be wrong and thatâs ok. What you want is a figure backed up with justifiable data. Just grabbing a number out of the air saying you will make $300,000 wonât work. There are many sources to help come up with this number including:
Industry journals
Trade groups
Car washes in similar demographic areas
Industry experts
Census data
Pricing
The effects of pricing play a large role on how your product is perceived in the marketplace. Price too low compared to the competition and your product could be perceived as cheap and unreliable. Price too high with the features and benefits of your product and few customers come through the door. While this is a complex issue, here are a few things to keep in mind.
Make sure you can make a profit at whatever price you are selling at.
If you want to have lower costs and âget your foot in the doorâ it may be better to offer discounts or coupons initially until your business is better known.
Donât be afraid to charge more for your product or service than the competition if you have something of more value to offer.
Pricing is the easiest of the marketing mix to change. You may find that a large competitor will under price you to ensure you canât make a profit and your car wash goes out of business.
Management & Employees
In this section you would describe who is going to manage the business on a daily basis as well as provide strategic direction (if these positions are separate). Each of these people need to have a brief biography included as well as a resume in the appendix. Try to show how the experience and education of these people will be able to successfully execute the strategy in the business plan and succeed. Many times the owner may not have the specific experience for this business, so it is very important to pull their other professional experience in and explain how it will make for a successful operation. Next, a brief explanation of the employees is in order including:
What positions need to be filled
When they need to be filled (This is important in developing financial projections as you may have some employees come on after you start)
How much they get paid (Be sure to calculate payroll taxes as well, estimate 15% if not sure)
It is also recommended to add the professional and advisors to your business. These people include:
Board of directors
Consultants
Accountants
Attorneys
Bankers
Mentors
Operations & Location
The operations and location section of the plan illustrates how you are going to make or acquire your product and information about your business location.
Operations â Explain how and where your products or services are made. A few points to include in your plan
How does your car wash operate, what steps are in your service?
Who are your suppliers?
What are the terms and lead time for this product?
Location â Location is where you will be doing business out of. If you are in the classic, I canât get my location until I get a loan so I canât finish my business plan scenario, list what features you are looking at in a building along with average prices or rents and pad that number a little just in case. A few things to add:
Department of Transportation traffic count â most states have this information online to show how many vehicles pass your location each day.
Building description
What is the size
Where is it located
Specific reasons for this property
Proximity to suppliers, roads, airports, railroads, and shipping centers, etc.
Zoning
Average utilities â Be sure to get the last 12 months from the electric company if the building had been occupied. This could be an expensive lesson from a dishonest landlord. If you are opening a new location, try to talk with other car wash operators in a non-competitive area to get a estimate
Add pictures to the appendix
Add a floor plan to the appendix
Purchase price or monthly rent/lease
Include sales/rent/lease agreement in appendix
If building or renovating be sure to include quotes as this is an area frequently underestimated in costs.
Financial Projections
Financial projections are placed at the end of your business plan, before the appendix but it a very critical piece to the plan. The three must-have financial statements are a cash flow statement, a profit and loss statement and a balance sheet. The information already provided in the narrative portion of the business plan must match the financial projections. Most financial projections are three years in length. It is a good idea to include a Notes & Assumptions to Financial Projections page to both help make sure all of your numbers come through and provide an itemized list to provide clarity for the reader.
Notes & Assumptions to Financial Projections
Loans
Break out each loan (building, equipment, inventory)
Amount
Interest rate
Length
And any monthly costs not discussed in business plan narrative
Cost of goods/inventory
Advertising
Employee wages
Insurance
License & fees
Miscellaneous
Professional fees
Rent/property taxes
Repairs & maintenance
Supplies
Telephone
Utilities
Vehicle expense
Etc.
Anything else that needs to be explained in the financials that is not in the narrative
Financial Projection Sections
Startup Expenses â These are all expenses you will incur prior to opening your car wash. It is recommended to have quotes available or in the appendix for the larger items. It is also recommended that you pad your numbers some as there will always be unexpected expenses that were not accounted for.
Sources and Uses of Funds â This section details how the loan money will be used (inventory, car wash equipment, repairs and improvements, working capital, etc) and who is providing it (bank, investor or owner). You will likely need to be injecting 20% of your own money and maybe more depending on the risk assessment of the business and your personal finances.
Cash Flows - The cash-flow statement is one of the most important pieces of your business plan. It shows a schedule of the money coming into the business and expenses that need to be paid and whether you have enough cash to sustain the business gained during the warm month to cover the costs during the winter months. Every part of your business plan is important, but none of it means a thing if you run out of cash. Should this number be negative, you either need to raise sales, reduce expenses or have more cash. Your cash flow statement will typically be three years in length with the first year analyzing the monthly figures and later years by quarter. Donât be intimidated with the cash flow statement as it is merely a future look into your checking account.
Profit & Loss â This statement, while similar to the cash flow statement but illustrated annually looks at the effects of non-cash charges such as depreciation and amortization to get an accounting overview of the operations of your business.
Balance Sheet â The balance sheet is a summary of the value of all assets, liabilities and equity for an organization at the end of each year. A balance sheet is often described as a “snapshot” of a company’s financial condition and will show the value of the business over time.
Personal Financial Statement â If you are looking at bank financing every person who will have a 20% or more ownership position will need to provide a personal financial statement to show how effective they are at managing your money. This statement will show your assets (checking & savings accounts, cdâs ira, 401K, valuables, home, vehicle, etc) as well as assets (mortgages, credit card bills, installment accounts, etc)
Appendices
Appendix items are various pieces of information that help make your case. Include details and studies used in your business plan; for example:
Quotes for items over $500
Resumes of the management team
Industry research
Demographic data and trends
Maps/floorplans/blueprints of location
Leases and contracts
Letters of support
There is a lot to creating your business plan but will definitely make your business stronger. While it may seem easier to have someone else write your plan, there is no substitute to writing it yourself. This is your business and by writing it yourself you will have a better understanding of your business and strategies for success. There are also many free business plan templates and workbooks available on the web to help you get started. You can use these to help get started creating your business plan and then modify it for your car wash business.
For more free articles and resources for starting a car wash are available at www.StartingACarWash.com.
Additionally, business plan help can be found at www.TheBusinessPlanFactory.com
Michael Gregory
http://www.articlesbase.com/small-business-articles/creating-a-car-wash-business-plan-350295.html
Posted on Nov 17, 2009 under Heavy Equipment Learning |
Tell us five things about yourself?
I will start.
1.I am a musician, I play guitar, sing, drums, and bass. but I am employed as a Heavy Equipment Operator.(very hard work sometimes).
2.Both of my parents were christian ministers. My dad, more of a fundamentalist. My mom was much more caring and open minded. Unfortunately they have both passed on.
3.I absolutely love chocolate and peanut butter and chocolate combos!
4.I love to hike and camp but I do not know how to swim. I will learn at some point because I have always wanted to experience that activity!
5.I have studied various religions throughout my life. Some in order to try out for my own and most just to understand what others believe! This has been one of the biggest points that has helped me to become tolerant of other peoples beliefs.
These are a few things about me. If you want to know more, feel free to email me.
This question is asked because of a request from a fellow r/s member who wanted to know more about me. I figured we could all learn more about each other!
Okay…
I just got married (for the first time) last week on Halloween.
I work in a seniors assisted living complex as a multi-service worker.
I have two cats and one dog (all strays) that have been with us for years.
I love old movies and vintage television shows.
My 5 C’s to personal happiness: Cigarettes, coffee, cannabis, chocolate & comedy.
(A solitary wiccan)
powered by Yahoo Answers
Posted on Nov 15, 2009 under Heavy Equipment Training |
Many service providers in the market introduced cheap conference calls for the users, so as to maximize the customer-base by encouraging more and more people to opt for their services. The reason behind offering cheap conference calls is that in most cases, the service providers are having their own networks for conference calling. That means the overheads or additional costs are not there, which otherwise are added in fees charged from the customers. Overall, it is a very good option for organization to use and gauge the performance of service providers, before the make final decision to choose the best fitting service provider.
The service of cheap conference calls is provided to the customers by giving a toll free number along with a dial-in number for the participants. The host is simply required to call on that toll-free number and can conduct the conference thereafter. Usually cheap conference calls are reservation-less type of conference calling, which means that there is no requirement of a reservation for the conference call and one can make a conference call anytime.
Cheap conference calls do not mean that the service providers will provide limited services to its users. There is nothing like this and service providers provide conference call management systems to ensure higher performance. However, such conference calls have an automated system, because it needs minimization of the cost factor; yet one can ask for operator assistance, if the requirement arises.
A cheap conference call can be the best option for business purposes, training institutions, and anyone interested in making a conference call. With such a conference call, one can be connected with two, three, or up to two hundred people, in general, at the same time for conversation. Also there is no need of any extra equipment to be installed except the telephone system, which is sufficient to enable the host to make a conference call.
Small businesses and other types of organizations who have just started their ventures look to cheap conference calls as beneficial, for, their budget arrangements and costs are not as big as for settled companies. To automate the system of communication, and still to avoid the cost of Heavy Equipments, travel, and space, conference calling facilities are best options. So, we can say that overall, cheap conference calls are beneficial, as they are nothing short in the technical aspects, but at the same time provide economical options for the users.
Max Stephen
http://www.articlesbase.com/business-articles/are-cheap-conference-calls-beneficial-70883.html
Posted on Nov 15, 2009 under Heavy Equipment |
China Machinery Industry
The machinery industry has a major bearing on China’s manufacturing industry. In 2004, China’s machinery industry accounted for 17.0% and 10.6% respectively of national sales and exports. Rapid economic development in China has led to a corresponding increase in industrial machinery. Almost all leading international players have formed joint ventures in China including John-Deere, Daewoo, Hitachi, Parker, Sanyo, ABB, Emerson, Siemens and Volvo.
Chinese machine builders are also enhancing their international participation through larger exports as well as a higher degree of internationalization. At an average annual growth rate (AAGR) of 12.0%, in 2010 consumption is estimated to reach $910.14 billion. In the near future, China will be an important player in the global industrial machinery marketplace.
Representative Machinery
1. Agriculture Machinery
Today Chinaâs agriculture is a new era of historical development. In a long period of time from now on, expanding operating scope, industrialized management, sustainable development, and scientific and technical innovation in agriculture shall be the four tendencies and driving forces. The development and adjustment of economic construction in agriculture requires higher level and larger scope of mechanization. Now mechanization has already developed from the traditional growing wheat to rice, maize, from traditional tillage to protecting tillage, from machine for producing grain crops to oil crops and cotton economic crops, from growing to livestock farming, aquatic products industry, fruit growing, garden farmland and manufacturing agriculture products etc. So there is a bright future of market for farm machinery.
2. Construction Machinery
Construction machinery is the largest customer of hydraulic products, which makes up about more than 40% of the total market volume of hydraulic products. The percentage shall further increase in the future. China is in an extensive developing and constructing period, thus the demand of construction machinery in the coming several decades will up, and China will be the largest market in the world.
3. Metallurgical and Mining Equipment
The total demand of steel in China reached 352 million tons in 2005. Therefore steel and iron industry shall speed up the adjustment of product structure. In the next 10?15 years, put stress on manufacturing flat plate steel, especially sheet steel and products with high additional value. State should enlarge the investment for them and make the degree of self-sufficiency of steel reach 90%.
For this reason, China need to use advanced machines to replace the backward machine, to realize continuous and automatic production with equipments in large scale, and upgrade the industry. Meanwhile China will give great impetus to process of group-collection for iron and steel industry, carry out technical reform of manufacturing process for large enterprises, make every effort to raise the utilization rate of steel by 10%?20%, take further steps to save energy by 15%?20%. Consequently, many new continuous casting machine and cold/hot rolling mill etc are needed.
4. Machine Tools
Along with the progress of manufacturing technique, Chinaâs demands for high precision, high-efficiency CNC machines, is getting more and more. By the year 2010, the yearly output of CNC machine tools will be approximately 50,000 units. Now, in China there are about 3 million machine tools in use, and it is expected that about 4 million units machine tools will be in use by the year 2010.
5. Plastic Machinery
The demand for plastic products will increase remarkably to cater for the development in the fields of agriculture, automobile, electronics, light, foodstuff, packaging and construction industries and the improved living standard of the people as well. At present, the total output value of plastic in China has come to the forefront of the world, but the annual plastic consumption per capita is only 14.5 kg, less than the 20 kg world average annual consumption per capita and far from the 50 kg to 100 kg annual consumption per capita in developed countries. It is expected by the year 2010 to be a litter bit higher than the world average annual consumption per capita. The growing consumption of plastic products provides the opportunity for developing plastic machinery. It is expected that the annual demand for plastic machinery will be about 150, 000 units by the year 2010.
6. Petrochemical Equipment
Energy problem shall be the restricted factor in a long period of time in developing national economy. Accelerating the development of energy industry is of great urgency. State need to accelerate the development of petroleum and natural gas, except the project to deliver natural gas from the west to the east and other petrochemical projects are under construction, in the period of 11th five year plan shall be built 5000 km high pressure crude oil pipeline. Besides, in this period the demand of oil refining, ethylene and three synthetic materials (synthetic resin, synthetic rubber, synthetic fibre) shall increase at the rate of 6%?9%. So, there need collection and delivery equipment for oil and gas and large-scale and high-efficiency petrochemical equipment with the emphasis laid on the development of large-scale petroleum prospecting and drilling equipment for desert and ocean, large complete equipment with a yearly output of 600 000 ton ethylene, 450 000 ton synthetic ammonia, 800, 000 ton urea and chemical fibres etc.
8. Food-stuff, Packaging, Electronics, Light-industry and Textile Equipment
The emphasis is laid on the development of various high-efficiency, energy saving, multifunctional and automated complete sets of equipment and production lines, such as various liquid filling lines, production lines of fast foods and puffed foods, sterile medicine production lines and packaging lines, bag-making and bag-filling lines, suitcase making lines, high-speed tobacco processing machinery, air-jet looms, automatic winders and production lines of various household electrical appliances and electronic apparatus.
9. Harbor Terminal Facilities
In order to meet the demand of domestic construction and enlarged export and import trade, task for building coastal port and inland port is very heavy, a great number of ship loaders, car dumpers, stacking machines and container cargo handling equipment will be additionally provided or updated.
10. Ship-building and Ocean Engineering Equipment
By the year 2010, the total yearly production capacity of ship building industry will be about 10 million ton, account for 30% of the world annual output, with the emphasis laid on the development of large ocean-going tankers, LPG ships, container ships, engineering vessels, bulk ships, high-speed passenger liners and ocean-going fishing vessels. Ocean engineering equipment shall be put stress on building large engineering facilities for recovering ocean petroleum, such as large self-rising drilling ship, deep sea drilling machine, heavy-load lift, large crane and piping erection ship.
11. Power Generating Equipment
At present, electric supply has become the bottle neck, which restricts the development of economy. In the coming 20 years, the largest power-building market will be in China. Water, coal, nuclear and gas are the four pillar for power generating in China. It is estimated that the installed capacity by the year 2020 will be 960 000 megawatt, but the installed capacity per capita only 0.67 kW, less than half of that in developed countries. In future, every year need to add new installed capacity of more than 200 000?300 000 megawatt.
12. Environmental Protection Equipment
In order to keep the development of economy, society and environment well coordinated, and make the ecological damages and environmental pollution well controlled, environmental quality and comprehensive utilization of resources are raised further, state will add the investment for ecological preservation and environmental protection. China is putting emphasis on developing: urban sewage and solid wastes disposal and comprehensive utilization equipment, urban and industrial noise control equipment and atmospheric pollution control equipment.
Machinery Trade Shows
The 12th China Xiamen Machinery and Electronics Exhibition (CXMEE)
The 12th China Xiamen Machinery and Electronics Exhibition (CXMEE), authorized by China’s Ministry of Commerce, is jointly organized by the China Chamber of Commerce for Import and Export of Machinery and Electronics Products, the Taiwan Electrical and Electronic Manufacturers Association, the Xiamen Municipal People’s Government. It will take place in Xiamen, China on April 8-11, 2008.
7th China (Hangzhou) International Machine Tool and Mould Expo
The 2008 China (Hangzhou) International Industrial Fair (formerly “Zhejiang International Industrial Fair”) was originated in 2002, it is held at Hangzhou Peace International Exhibition and Conference Center every May. It has experienced six years of persistent, healthy and stable development. It was listed in the formal exhibition of “China Hangzhou West Lake Expo” in 2006, becoming a large exhibition and conference project specially supported by the municipal government of Hangzhou.
Angulo Fu
http://www.articlesbase.com/international-marketing-articles/machinery-a-brilliant-perspective-market-in-china-380086.html
Posted on Nov 15, 2009 under Equipment Financing Company |
Many businesses sell their products or services to consumers on terms. The consumer can purchase high priced goods and services with affordable monthly payments over 6 to 60 months. This enables many consumers to buy products and services, which they could not pay for in one large payment.
This method of buying products and services allows consumers to enjoy and utilize products immediately while paying for it over several months or years and fits into a budget that is manageable. This type of purchase is called a Retail Installment Contract, which is between the retail establishment or merchant and the consumer. The consumer signs a contract and agrees to pay the merchant a monthly payment until the purchase amount of the product plus the interest is paid in full. When the contract is paid in full, the consumer has full ownership of the product.
Many businesses would be unable to stay in business if they did not sell goods and services on terms. Products and services ranging from $500.00 to $15,000.00 are usually financed - sold by using a Retail Installment Contract. A good example would be purchasing a car. The car is financed for 60 to 72 months and the buyer can drive the car as long as the payments are made each month.
Buying a home would not be considered a consumer Retail Installment Contract. A home is financed by a mortgage with a payment term of 30 years.
Some common industries that sell products and services using Retail Installment Contracts are Health, Home, Technology, Education, and Recreation. These might include Computers, Campgrounds, Radio Keratotomy, Personal Jewelry, Internet Access, Nursing, Travel Clubs, Orthodontia, Security Systems, Web Sites, Massage, Resorts Timeshares, Veterinary, Water Purification, Dating Services, Electric Mobility, Furniture, Business Opportunities, Fitness Equipment, Hearing Aids, Plastic Surgery, Pet Stores, Appliances, Household Goods, Seminars, Martial Arts, Dentistry, Buyerâs Clubs, Electronics, Health Clubs, Piano Sales, etc.
Merchants can be traditional brick and mortar retail and service stores, in-home direct sellers, direct-mail, infomercial sellers, and internet sellers. Merchants that are selling products or services that range between $500 and $15,000 may lose many sales opportunities unless they offer financing to the buyer. By utilizing a consumer finance company, merchants are not required to have deep pockets to carry the sales financing themselves.
A finance company buys (at a discount) the installment sales contracts of retail merchants, which provides an immediate cash flow to the merchant. The merchant can stock more products and make more sales. A merchant can sell new Retail Installment Contracts as they are originated and their current in house portfolio of consumer receivables to generate immediate cash for restocking, capital improvements, and provide working capital.
Carson Nash
http://www.articlesbase.com/finance-articles/retail-installment-contracts-and-consumer-receivables-112154.html
Posted on Nov 08, 2009 under Equipment Financing Company |
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Posted on Nov 08, 2009 under Heavy Equipment Learning |
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Posted on Nov 08, 2009 under Heavy Equipment Training |
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