23 Jul

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How To Choose From Product-Sourcing Options

How To Choose From Product-Sourcing Options

Be it a startup or an established business, when introducing a new product, the most difficult decision is the product-sourcing option to go with. The manufacturer can be a friend, or you may start an in-house manufacturing department. You can also enter into partnership with another business. So once you have your problem – solution fit and your product-market fit, start with the product-sourcing process and choose wisely. Three types of product-sourcing: In-House Manufacturing This requires extensive planning and development. You’d need a technical team for research and development, an assembly line for assembly, and a product testing department. Contract Manufacturing Logistics will be your…

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16 Jul

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How To Earn Money From Home With Wholesale Liquidation Auctions

Earn Money From Home With Wholesale Liquidation Auctions

Traditional liquidation sales means you want to get rid of your stuff — fast. This is especially true for online auctions where you can make money by flipping liquidated goods. What is wholesale liquidation? Big box retailers buy goods in bulk. However, not all of it is sold. To sell these goods, giants like Walmart…

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10 Jul

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What You Should Know About Liquidation When Selling A Home

Things To Know About Liquidation When Selling A Home

Buying or selling a home is always a big decision. Although it’s exciting, the last thing you want to do is lose money unnecessarily. Factors that influence value include the size of the home, location, amenities as well as its liquidity. Home prices in Canada have continued to rise, however, there are the serious issues…

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06 Jul

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What Are Liquid Assets?

What Are Liquid Assets?

An asset is an economically valuable resource that provides benefit to an individual or business. It can be classified as liquid (short term) or non-liquid (long term). Liquid assets can be quickly converted into cash with minimal losses. Bank notes, short-term promissory notes, treasury bills and other government bonds and bank accounts are examples of…

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02 Jul

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How To Approach The Sale Of Liquidated Assets

Approach On The Sale Of Liquidated Assets

An asset can be considered almost anything, but it’s usually something of value such as a property. When you are downsizing or file bankruptcy, assets must be sold off (liquidated). There are two types: liquid or non-liquid. They’re based on their liquidity which signifies the conversion of fixed assets into liquidated assets. A business will…

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