Drop-shipping as a business18-06-2009 | 13:25:45 | No Comments

Drop-shipping simply means that a manufacturer or distributor is willing to ship a product on your behalf to the final purchaser of that product. Dropshipping simplifies the process of E-commerce and is basically just a very logical, and streamlined means of doing business on the Internet. If you are working in cyberspace then the process of dropshipping is a very logical concept.

With the click of a mouse, the purchased product moves directly to the purchaser, and an email is sent to the seller, notifying him or her of the sale of the article or articles from the storefront. It is as though the products magically transport themselves from point A to point B, the seller never has to be involved in the distribution end of the business, the dropshipper takes care of that area of the business. This eliminates a tremendous degree of work and expense for the seller.

Dropshipping eliminates the need of the business owner to pre-purchase products to sell on their storefront and thereby greatly reduces costs of doing business. Not only does money not have to be tied up in purchased stock, but a warehouse or business location is not needed to store stock for the business, these two steps drastically reduce the cost of doing business. An Online dropshipping business can thereby be set up with very minimal capital invested, making doing business Online a viable opportunity for virtually any person who has access to a computer, and access to the Internet. Opening an Online business using the dropship method can be accomplished at a fraction of the cost that opening a business in your local community would cost.

The process of Dropshipping can be done in a number of manners. The first step is that you need to have in place an arrangement with a manufacturer or wholesaler to dropship articles for you. Then you promote the articles, sell them, and pick up your share of the profits. If you have an agreement with the dropshipper to have them handle customer service and any returns of the products then the supplier handles the other aspects! Always make sure that the dropshipper is willing to handle returns, this makes the process much easier, and safer for you. It can greatly reduce the risk of Internet fraud affecting your business.

Once you have an agreement with a manufacturer or distributor in place you select how you would like to promote and sell the articles. You can dropship articles with or without a website. You can run your dropshipping business without a website

and just list the dropship articles on other sites such as eBay Canada or eBay USA or yet another option is to open an Ebay storefront.

If you have some experience with html and creating websites than you can create a website on any topic that you like, and then feature articles, or links to the items that you would like to sell. You can set up your own web storefront, or you can create an aliance with a reputable company which has gathered together a number of products for dropshipping, and you can purchase a storefront with them.

If you join up with a pre-existing drop-shipping company you may be required to pay an upfront hosting fee, or additional dropship fees to have them then dropship the products that you will carry on your storefront. This cost is largely justified, as the dropship company then hosts a website for you, as well as does the majority of paperwork, and distribution work for you etc. Just be sure to read all the fine print of the contract before you sign as there are always more than a few bad apples on the Internet trying to take advantage of unsuspecting individuals. If you are wary or unsure of the deal then have a more experienced person reveiw the contract or walk away!

My advice to anyone entering this new field is simple. Costs of doing business on the web are very low compared to the costs of opening the standard business. So your start up costs will not be very high; they can range anywhere from a few dollars to a few thousand. Figure out what you are willing to invest and be prepared to work just as hard at an online business as you would at your standard retail store. There is safety in numbers and with costs of doing business on the Internet so low, don’t be afraid to expand your business, or to branch out in different areas of interest. Just remember to do your research, read every word of the fine print, and then jump in with both your hands clasped in a prayer. What do you to lose? What do you have to gain?

Good luck!

The corporate board’s role in an acquisition18-06-2009 | 12:26:43 | No Comments

Corporations, especially large ones, typically incorporate Corporate Boards into their internal structure in order to make decisions on behalf of the corporation’s employees, clients, and shareholders in an attempt to reach the ultimate corporate goals outlined in an organization’s mission statement. One of these issues’ is a potential acquisition.

Much like a merger, an acquisition takes place when an organization actively purchases another “inferior” organization in an attempt to restructure the infrastructure and improve weakened areas to turn over a larger profit.

Unfortunately, this process can be very overwhelming for all parties involved.

Corporate board members usually perform a wide range of tasks within an organization, but when it comes to acquisitions, they are often at the foreground of negotiations and discussions, ensuring that an organization retains its core values, work towards its ultimate corporate goals, and effectively expands their enterprise with the acquisition of another organization.

Although the benefits of expansion are hard to ignore, it is extremely crucial that corporate board members recognize how sensitive an acquisition can be. As a result, corporate employees will have to undergo several changes, not only within the home organization, but within the acquired organization as well. In any case, however, it is ultimately up to the corporate board members to decide the futures of hundreds if not thousands of employees.

Why economics is psychology’s neglected branch18-06-2009 | 12:25:10 | No Comments

Do we want a choice?

True economic activity only begins with the production of a surplus. The first consequence of which is that there is a choice between producing more essentials (hence raising overall living standards) and the production of non-essentials. Such a choice offers great possibilities and great dangers to any society. Factors such as the desire to control and feel superior to others ensures that essentials remain relatively limited while more and more resources are devoted to the production of non-essentials.

A surplus of production implies a surplus of manpower. These are two sides of the same coin. Surplus production, a surplus to essentials, means it is possible for some to do nothing or to do things which do not result in the production of essentials. These are choices.

The struggle over the choice between producing essentials or non-essentials creates the need to deny that there is a choice at all. A clear perception of this choice would involve a struggle against domination by the ruling class and an effort to democratise the economy, that is, to share the surplus among all members of the society; a difficult thing to achieve even if all wanted it.

To achieve the denial of the surplus and the choices it brings, and to maintain a non-democratic pattern of production, activities which absorb the economic surplus as rapidly as possible must be seen to be very important. It is also necessary to keep some members of society working at those unpleasant tasks vital to the creation of the surplus on which the economy rests. A seemingly inevitable shortage of essentials, the declaration that most things we want are of course essential, and the perception of an overall scarcity of resources are all fundamental to this denial of the existence of a surplus.

But how could even the cleverest ruling class erect such an illusion and maintain it? The answer of course lies in the fact that most people - rich or poor - do not wish to face the choices that a surplus provides. To reveal the core injustice of society would be to give people the choice to truly control their lives and to decide what it is that would give their lives meaning. Of course most could not handle psychologically such a choice and this is a fundamental basis of the economy.

A theory of economics based on the reality of surplus production does what supply and demand economics cannot. It allows for the seemingly consciousless production and consumption of vast amounts of useless things to be explained. Not as a wonderful product of the free market but as a desperate effort to maintain control and avoid choice.

The economic problem has been solved but people cannot to pass on to the next stage until they develop the capacity to face the choices involved in having the freedom to choose.