Category Archives: Uncategorized

Investment Property Home Loans

Home loans are useful for buying any properties and are typically associated with helping us to afford the homes we intend to live in (hence the term ‘home’ loans). However there can also be good reasons to take out loans for properties other than your home, and investment property home loans mean that you can afford to start investing in property and making money from those investments without having to start off as a multimillionaire.

Investing in property as we all know is one of the most reliable investments anyone can make. This is or several reasons and we’ve all heard them quoted a hundred times: everyone needs land, the population is growing, its almost guaranteed to increase in value… etc etc You can further increase the success of these investment opportunities then by investing in properties in up-and-coming areas, or in places that are soon to have a lot of money spent on them for development. At the same time there are so many ways for you to make money from a property investment that it makes tonnes of sense as a way to tie up your money and watch it grow.

The problem is however that property is obviously very expensive and is a very considerable investment. This means that not everyone can afford to buy a property outright, and thus they believe they can’t join in on these lucrative investments.

However that need not be the case, and with investment property home loans it’s very possible to afford to buy properties that you might not otherwise be able to as you won’t need to pay for them in one lump sum. By spreading out the cost of your property with an investment property home lone, you can then make the investment much more manageable. Of course you will pay more for investment property home loans than you would buying the home outright as you will have to pay interest. However the idea of this purchase is that you’re making an investment which means hopefully you will make lots of interest yourself on the purchase. If all goes to plan then you will be able to earn significantly more than the interest on the loan making that negligible. This is even more the case if you somehow increase the value of the property rapidly. For example if you are fairly adept at DIY and maintenance, then it is a great money making scheme to buy up properties using a loan, to make them more presentable by painting and decorating, and then selling them on for a large profit. It’s possible this way to make thousands in a few weeks or months’ worth of work.

Another great thing about an investment property home loan is that you won’t be living in the property which frees it up for you to lease it out. For example then you can take out a loan and rent the property out, then use their rent to pay the loan back before selling it on for a massive profit margin.

Fashionable Homemade Jewelry With Gemstones

A fast growing trend is jewelry designing and making. Whether for yourself, family and friends, or customers, homemade jewelry that is properly made and stylish makes a simple, inexpensive, and unique fashion statement. While the materials and styles for jewelry can be endless, a beautiful material to use is gemstones. Gemstones can be used in all jewelry-bracelets, necklaces, earrings, rings-and in all varieties. A simple gemstone on its own with a flawless cut and sparkle of color is elegant and timeless. A rougher and more natural looking gemstone can evoke an organic and whimsical style. Your creative possibilities for jewelry with gemstones are endless; as long as you can design it, you can create it.

Just as the jewelry designs are varied and plentiful, so too are your options for gemstones. While rare gemstones have been used in jewelry since ancient times, such as diamonds, rubies, emeralds, and sapphires, other less expensive stones still make beautiful jewelry while being affordable. The value, and consequently the price, of a gemstone are determined by the four C’s: cut, color, clarity, and carat.

The importance of each classification will depend on the stone itself. For example, the cut in a diamond is paramount, followed by clarity and color. Diamonds are known for their sparkle and brilliance, which are only achieved after are they cut. In colored gemstones however, including colored diamonds, the purity of the color is the most important value determinant. When making your own jewelry, first decide the purpose of your jewelry and then secondly determine your price range. From there you can determine which gemstones you will fashion into your sure to be striking work of art.

Jerusalem Cross Pendant: Tradition and Fashion in Jewelry

The Jerusalem cross pendant is fast becoming a hot jewelry item. There are now many retailers, both in online and brick and mortar stores, who are finding it hard to keep up with the market demand for these religious-cum-fashion items.

Hundreds of years of Christian tradition is encapsulated in a Jerusalem cross pendant. The origin of the Jerusalem cross harks back to the time of the Crusades, during the time of the Christian kingdom of Jerusalem. This design is also called the Crusader because of this particular history.

Most variations of the Jerusalem cross pendant feature a large Greek cross (a symmetrical cross different from the top-heavy Latin ones) in the middle, which is attended by four smaller crosses on each quadrant of the middle one. The essential thing in the design of the Crusader of Jerusalem cross is that all styles of the main part and the crosslets are the same.

Historical notes suggest that it was the Crusader ruler Godfrey de Bouillon who first used this symbol. The main cross is thought to depict Christ himself. Or it could also symbolize Jerusalem, which is considered as the religious center of the world. Meanwhile, the crosses symbolize the Four Gospels of Matthew, Mark, Luke, and John. Alternatively, the smaller parts also signify the four corners of the world, or by extension, to epitomize the preaching of the Gospels to the four corners of the earth.

Jerusalem cross pendant: religion as fashion

Ever since the founding of Christianity, religious icons have been used by the faithful for jewelry and personal adornment. Perhaps the most ubiquitous of all Christian symbols is the cross, used in jewelry pieces such as pendants and earrings.

The Jerusalem cross pendant, a favorite even among non-Christians because of its beauty, also speaks a loud statement of faith aside from the meanings above. Taken together, the five pieces of the pendant also depict the five wounds that Jesus Christ suffered on the cross.

But the Jerusalem cross pendant is not just an object rich in Christian symbology. As jewelers have noted, this design is becoming a popular trend. There are now many online sellers that over various jewelry pieces featuring the original Crusader.

Perhaps the most intriguing jewelry piece to come out of this trend is the stone pendant that is engraved with the Jerusalem cross. Pendant design is made by etching pure gold on the face of precious stones. New techniques in etching have made it possible to imprint fine text (in gold, no less) on the surface of the stone; some of these pendants are imprinted with passages from the Gospel. The design, especially the text, is so fine that some details cannot be seen by the naked eye. Since the print is etched in high resolution, it is possible to view the design under a magnifying glass without losing the intricacy.

Wholesale Clothing and Jewelry – All Your Fashion Needs End Online

Wholesale marketing has become the buzzword in the recent times (especially after the recession) to every individual aspiring to become an entrepreneur. This would be the best choice for any budding business man, as the scope of the Fashion field is enlarging day by day with its new innovations and convolution of all cultures around the world. Reselling of Wholesale Clothing and Wholesale Jewelry yield considerable profits at very short intervals of time. Once the entrepreneur catches pace with the consumer requirements, it becomes a cakewalk for him/her to shine in this field. This field has lots of scope in the present day economic scenario. Once the target audience is set, it is easy to find tactics to attract the target customers. Potential customers are keys to success of retailers and such retailers are back bones of the wholesalers.

Wholesale apparel and wholesale fashion jewelry at affordable price would be the dream of any retail businessman. Getting high quality products is a great deal in the recent times. You need to compromise on quality or the price. But of course, there are very few shops which assure you both. Once you identify the best wholesaler, you can easily confide on them for your retail business. Clothing industry is booming these days with the advent of trends each and every calendar day. Women and men go crazy on trendy outfits and thereby gradually increasing the buying potential of an individual. This had lead to the development of this field.

The potential buyers are mostly women since fashion is an important asset for women in society. They spend a consistent amount on fashion clothing and accessories when compared to men. The bottom-line for any fashion business would be “Get hold of women customers, your business shoots high”. This is the business etiquette followed by most businessmen into this Fashion field. As far as women clothing is considered, it does not stop with the clothing stuff; rather the list goes on and on to bags, shoes, jewelry and so on. That is a never-ending list. So is the scope of this field too! Advertising is the main loophole to attain targets in this field, as the competitors are innumerable here.

Thus wholesale clothing and wholesale jewelry are and have been the source of business for innumerable budding entrepreneurs and will continue to be the same. This particular field has no shortcomings as all other fields mark their ups and downs all the time. This field has a consistent and persistent growth comparatively. And some online stores are doing a great job in nurturing the budding businessmen all over the world. They make the deal simple and they reach out to all business magnets in every corner of the world. Thus wholesale clothing and wholesale jewelry is a boon for all business aspirants in the present day economic scenario.

9 Steps How to Get Your Fashions and Accessories Manufactured

Quotas, sample costs, materials, capital, first runs – don’t know where to start?

o A simple step-by-step guide to getting your product manufactured.
o How to decide which manufacturer to use
o Where to find the best manufacturer for YOUR design
- trade fairs, online sources, agents.
o The pros and cons of hiring and agent vs. going direct.
o The facts about quality control, commissions, quotas and more.
o What you’ll need including letters of credit, shipping options, brokers and codes.
All of the above assumes you have done your market research in terms of design, competitive research, distribution, etc.

Step I: What does manufacturing entail?

Getting your product made and to market can be up to 80% of a company’s revenue!
The scope of this supply chain includes more than you think:
o Organization and financing, selling, design, purchasing, sourcing raw materials/manufacturing/finished goods, shipping, distributing and final accounting to determine success of cycle.
Typical problems include:
o Late supply (= canceled orders), poor quality, financing troubles, packing that doesn’t fit standards, packing leading to breakage, design without consideration of cost.
If you know what to look for in advance, you can save yourself lots of trouble.

Step II: Organization and Financing

This is one of the most important aspects for some of the following reasons…
o Retailers want net 30 or 60 but may pay as late as 6 months.
Manufacturers want a deposit, prepay or pay on finish.
This means you are financing both the retailer’s inventory and the manufacturer’s production. Unless you can negotiate better terms.
o High minimum production runs means money tied up in production or inventory that can’t be spent on marketing, sales, salaries or making rent. Effectively managing production to ensure less time between design and production/distribution allows closer following of trends and less cost as money to finance product is returned faster (eg. Zara, H&M)
This is usually the biggest problem in new businesses.

Step III: SALES – Selling large accounts on samples is one of the best ways to reduce risk of failure

o Large retailers buy Holiday product in February for a September ship date.
o Manage inventory to make sure you don’t produce items that won’t sell and for which there is no demand.
o Often necessitates financing as larger stores will buy thousands of dollars for product meaning …you front thousands of dollars in production costs
o You may be able to negotiate better rates on manufacturing terms and financing if you have pre-cleared orders to use as collateral.
o If you do not have pre-orders, you will have to time your manufacturing so that production is finished as close as possible to ship date of merchandise to minimize inventory holding costs.

Step IV: Design/Packaging

Understand the inputs to decrease markups, extra costs
o Trimmings that manufacturers source for you from sub-parties will be marked up by the manufacturer Plan assortments well – they can be the death of you because of inventory holding costs (one shirt in size 0-14 means significant inventory for one item)
o Package to make good merchandising, efficient packing and shipping, and fulfill imports and material requirements (I.e. FDA, cleaning instructions, fiber content)Have a detailed spec sheet to help monitor process and for quality control including:
- Product, Characteristics, Usage, Materials, Dimensions, Sizes, Colors, Standards, Packaging shipping Methods, Special Instructions

Step V: Purchasing – Streamline purchasing of raw materials

o Some companies purchase almost finished goods and customize to make it their own – less cost and faster turnaround because factory probably makes it for others. Downside is less differentiation.
o Manufacturer’s can sub-source trimmings but will charge a markup. Some manufacturers sub-source from 50-60 material suppliers.
o Before purchasing in bulk, make sure that your trimmings will be viable in samples and with manufacturers machines or process work flow. And make sure that you can reorder the same materials.
o Make sure that you leave enough lead time (more than you’ve been told or think you need) for purchasing of materials as one late item can hold up your entire run.

Step VI: Sourcing – How best to find the right source for you

o Establish goals of manufacturing: scalability, outsourcing, specialized equipment, etc. Review domestic and international options – if you are starting with low quantities it is better to start domestically.
o Determine if you’d like to hire and agent (international) or production contractor.
- An average production contractor in New York costs $500/week and will help source, manage and quality control (“QC”).
- An agent will also help source, manage and QC but usually charges 8-15% and will not want to deal with quantities less than thousands.
o Best way to find manufacturers and agents are online, trade shows and referrals.
o Review process of manufacturing and checklist of important points to monitor process (this will be different for each type of product so you must make your own).

Step VII: Shipping – Understand the inputs to decrease markups

o Quotas – Countries like China have different quotas on various fibers. This isn’t much a problem if you’re doing small runs and just starting out.
o Broker – can help you assess shipping options and should be able to assign harmonized tariff codes to your goods to you. This code determines the levels of duties paid for an individual item. For instance, a silk notepad from China has 0.4% tariff, jewelry roll 20%, shoes 37.5%.
o Options – Internationally use ocean freight as it’s 3-10x less expensive. Under 150lbs you may use airfreight. Domestically, shop around! Prices vary drastically.
o Letter of credit – a letter of credit is set up through the bank to confirm that you have the requisite amount to pay for goods, shipping and duties. When something goes wrong- you’re usually screwed.

Step VIII: Distribution – Ensure cost of distribution is factored in to final price

o Physical distribution: SAMPLE PRICING
o Account Setup fee – $99
o Order Processing – $1.85 per order plus $0.30 for each item in the order
o Carrier Charges (UPS, USPS) – Actual Charges
o Storage – $10.00 per cube space of 4′x4′x4′ per month. One SKU per cube.
o Insurance – $30 per month per $50,000 in inventory.
o Monthly Fees – Minimum $99 or Actual Fulfillment Bill.
o Sales: Website, trunk show or trade show costs
- Standard 10′x10′ booth at the New York Gift show is about $4,900 + electricity, moving fees and whatever you buy to make your booth inspiring

Step IX: Final Accounting and Review – Review the cycle to determine profit – how do your costs measure up to the averages?

o For imports shipping should benchmark 20% mark up from cost of product. Your cost of a landed product (cost upon arrival in your warehouse) should be 50% or less than the sales price you get for it.
o Additional 50% will go to operating costs, marketing, and distribution, general and administrative.
o Finding a perfect source is not a fool proof solution – things happen, manufacturers go our of business, or find bigger customers, or your key account rep. who has assured quality every time may simply decide to go do something else!
o You should always keep looking for new suppliers as backup or as an option if your business improves enough to expand.

RESOURCES
Manufacturing books: The tried and true Bible of manufacturing is:
Apparel Manufacturing Handbook, Jacob Solinger. Bobbin Media. 1988.
An excellent source is: The Vendor Compliance Handbook, David Seoul. Fashiondex.