Business and Career Articles To Help Executive and Business Women Succeed!
How do you build and solidify a multicultural team?
Does your team lack cohesiveness and understanding because it comprises members from different, even conflicting cultures? Would your productivity increase if team members from different cultures could work together more effectively? If so, you may benefit from multicultural team building.
In Canada especially, where multiculturalism is an integral part of our national identity, workplaces are filled with employees and managers from all corners of the globe. Sometimes, the cultural differences that arise in the workplace can create conflict, miscommunication, and diminished productivity. In certain industries, such as health care or manufacturing, these conflicts and miscommunicationscan increase the risk of injury to others.
When would-be sellers think of importing goods from China, they have mixed emotions
They may be excited and looking forward to it. At the same time, they may also be terrified of what's going to happen. But there really is a huge opportunity for sellers like you to make money as you go on reselling wholesale goods which you have just purchased at extremely lower prices. Still, language and culture can be hindrance to your success. It causes people to worry.
One good example is on the payment issue, like the payment method to use, or whether the money remains intact or not and so on. Most Chinese wholesalers are only embracing unsecured payment methods like Western Union and wire transfers. Thus, you really need to be careful. But this doesn't mean that Chinese wholesalers are all scammers. These are the only payment methods available to the Chinese.
In China, it's really difficult to avail of credit cards because of its numerous government regulations and stringent credit card application requirements. It may be risky but these are the methods that you'll be using if you want to go ahead with importing from China. To curtail these risks, start with a comparatively small shipment of goods. This way, you are not on the verge of losing your finances in case something goes wrong. Finally, when trust between you and your wholesaler is already built up, you can increase your orders over time.
Various sourcing methods provide a lot of benefits
Would women business owners benefit from dealing directly with a manufacturer? What are the disadvantages of Liquidation Sales? Are drop shippers a better option? Which is which?
Various sourcing methods provide a lot of benefits. The kind or source you will be taking on depends on the phase of your business or the budget which you have.
So, how are you going to select the most excellent business options? It is a good idea to take advantage of various companies to source stocks from. This way, you can steer clear of shortages if ever one supplier runs out of stocks on peak seasons.
Good management skills are essential to the success of drop shipping
When you drop shippers, your supplier is getting the responsibilities out of your hands.
Yet, you can never hide the fact that you have no one but yourself to rely on in doing the job well. Thus, for women owned businesses good management skills are essential to the success of drop shipping.
Drop shipping for your business: the pros and cons
Among the types of sourcing products, wholesale drop shipping is a commonly used form because you'll only be paying for the goods you'll be selling.
Wholesale drop shipping works in the following manner:
- Find a supplier which provides drop shipping services.
- Send an email for your inquiries.
- Drop shippers differ in their systems and procedures. But generally, you can select to create an account or just pay for every item as you go on selling them.
- When you already have an account, you can just grab the drop shipper's posted photos and product descriptions of the items you desire of selling.
- List the items on eBay or your website.
- Once you've made a sale and have received the payment, access your supplier's site.
- Click on the products that you have already sold and take it through the checkout.
- Have the products paid up.
- Provide the buyer's details.
- Finally, the supplier packs the products and ships it!