CHASE PAYMENTS AND RECOVER DEBT

Marketing INCORPORATION

For small business, debt recovery is a major issue. This is especially stressful when margins are tight. Understanding how to deal with late payments and debts is crucial to managing a company efficiently. In order to prevent late payment issues, you can take a number of steps. The first one being conducting background checks on customers. This will ensure you …

Business Referral Agreement

Marketing INCORPORATION

When a business is collaborating with another business to provide referrals, it would be smart to outline the agreement with a Business Referral Agreement. This agreement delineate details including: How much?, When?,  and How the referrer will be paid? This type of agreement can help support the development of your business. For more information on Hong Kong business, get in touch with …

CONSIGNMENT AGREEMENT

Marketing INCORPORATION

If the supplier of a good wishes to retain ownership of the said good when it is being sold by another party, a Consignment Agreement is necessary. This document is specially created for the instance when a consigner (person or a business) entrusts goods to a middleman for the purpose of selling goods to an end customer. In this arrangement, the consigner typically does not pay the …

Issue invoice

ISSUE INVOICES ON TIME

Marketing INCORPORATION

ISSUE INVOICES ON TIME Getting the money owed to you is key to surviving the start-up phase. An invoice breaks down the costs provided, the total amount due, and how the customer should pay for their received bill. By using an invoice, you can keep track of who has paid, who has not paid, and the condition of your cash flow. Invoices provide a …

Purchase Order Document

ALWAYS CONFIRM A SALES ORDER WITH A PURCHASE ORDER

Marketing INCORPORATION

Purchase Order Document While the Supply of Services Agreement and the Sale of Goods Agreement outline the basics of how to do business, a Purchase Order and Invoice takes care of transactions. A Purchase Order is a document that confirms the purchase between a client and a supplier. It describes the items the buyer agrees to purchase at the price it …

Distribution agreement

DISTRIBUTION AGREEMENT

Marketing INCORPORATION

Distribution agreement Besides the sale of goods and the supply of services, there may come an opportunity to collaborate with other companies. There may be the issue that they are not under the same agreements that your company is under. To make sure everyone is in agreement and knows their expectations, you should create a Distribution Agreement to set out …

GOODS AGREEMENT

CAN I REGISTER A LIMITED COMPANY USING THE WORD “ASSOCIATION” IN THE COMPANY NAME?

Marketing INCORPORATION

Limited company CAN I REGISTER A LIMITED COMPANY USING THE WORD “ASSOCIATION” IN THE COMPANY NAME? YES! You can register a Limited company with the word ‘association’ in the company name. This will be seen as a normal Hong Kong Limited company, limited by shares. Further, if you are planning to setup a ‘group’, that is not a Hong Kong …