The most common mistake regarding debt accumulation is that people take it lightly and believe that if they keep paying the monthly quota, they will stay afloat. Though it is not the way to deal with debt, this technique may work for a while, but in time, interest charges will grow, and the person will become delinquent. This worse case scenario happens everyday and everywhere in the United States. Even then people still take it lightly. They even get used to the idea of being chased by creditors or any other agencies. Bearing in mind that this kind of situation also affects your health, peace of mind and your current lifestyle; therefore your life changes radically when you are in debt.After showing you this particular case, a very common occurrence, you may think that in order to stop the harassment from the creditors and the collection agencies, the only possible solution would be to file for bankruptcy. That is when debt management comes into play, as a hero, who saves the day.Debt management services can be found anywhere in the Internet. However, not all companies can bring a quality in service. But that is a topic that we will deal with in the future. Today, we will focus on the benefits of debt management.- How does Debt management work? -Debt management is a debt solution method that has several basic elements. Debt management companies help people deal with debt problems. People can receive debt reduction and the counselors from the debt management service will arrange everything for the person to make a single monthly payment instead of several, saving the client time and effort.- What are the basic elements of Debt management? -There are two basic elements within debt management: debt negotiation and debt management itself. But there is a third element we call Debt Guidance. It is a way of showing the debtor where he/she can learn ways of staying debt free in the future. We do not only we help you regain financial stability but also teach you how to sustain it.- Explaining each basic element from Debt management -Debt negotiation:A professional negotiator from the debt management service will contact your creditors and make a deal in order to reduce your current debt as low as possible. Creditors find the use of debt management services engaging. They know that people are interested in paying off the original debt, and that is what concerns creditors the most.Debt management:The counselor will set up a payment plan for you that would meet your monthly quotas and will also make sure you do not fall behind on your payments and make them on time. It is very important that you do that when it concerns the full amount. Creditors will see that you are serious about paying your debts off.During your time in the debt management program, you can also get some professional advice from the counselors in order to learn from your current situation and how to avoid it.- Benefits from Debt Management -By applying to the debt management program people will get:- A reduction of debt that has to be paid monthly- Improvement in your credit rating and your creditors are open for proposals.- The collection process stops and also any harassment method.- The debt payment process goes smoothly, and it is based on the client’s incomeAn important point to keep in mind is to be very careful when choosing a debt management company. You should look out for a company that has a respectable web site and a BBB icon on it. A good way to be sure that when dealing with your money will be serious, and that the debt management company is seriously committed to working for you.We have different articles of interesting topics and current and former clients’ experiences with our programs. Take a look at the different situations on Debt Management debt related topics that people can fall into and how to keep yourself a debt free person.

This year, according to eMarketer, one billion people worldwide will have Internet access and nearly 250 million households will have broadband. Although, Asia accounts for 56 percent of world population, but only 10 percent has access to the Internet at present. With the rapid economic development of Asian countries this figure will increase dramatically in the coming years. This ubiquitous presence of the Internet is forcing companies to embrace the Internet as a marketing and sales channel aggressively. Many companies have adopted Internet based technologies to streamline their crucial business processes and benefiting enormously from it.Import Export companies are no difference! Most export import companies are using the Internet to augment customer base, tap into new markets, research competitors, find new products and evaluate country opportunities. However, many of these same companies are still slow in implementing eBusiness features in their daily business activities and, as a result, fail to garner true value from the use of the Internet. Trading companies – those which are still not doing online business transactions – should follow the examples of their retail counterparts and adopt eCommerce strategies.According to a recent study conducted by Forrester Research, retail sales are expected to rise 20 percent to US$ 211.4 billion – a two fold increase from only three years ago. Whether you are in exporting or importing business it does not make any difference, by using eCommerce and adding some of the basic eBusiness functions to your website you can also profit from this trend.Electronic commerce is the process of selling products through the Internet. There are two distinct segments of eCommerce – Business to Business and Business to Consumers. Retailers are mostly involved in B2C and import export traders are often more in the B2B sector. That’s why you need to realize that the components of eCommerce you may need in your website will be based on your business specifics. In general, all eCommerce sites are a combination of some of the following business functionalities:
An eCatalog so that buyers can browse through the products you have to offer
Product specification that gives detailed technical and delivery information
A feature that allows sending request for quote online (RFQ)
A product order placing system – normally a shopping cart
Ability to view order status
Sending a notification if a new product added to the catalogue which was requested by a prospective buyer
At least one payment method. For small orders you should have a merchant account.
Purchase order sending ability. Buyers should be able to send PO for the products readily available or the contracts already negotiated with you.
Billing system should generate invoices automatically

Once you implemented these features there is virtually no geographic restriction on where you can sell your products. If you are an export company you may consider translating your eCommerce site to the language of your targeted market.This gives you an extra ability to leverage your sales endeavour.Benefits of eCommerceIncrease revenue: By implementing eCommerce you are opening a new sales channel.Study shows, a well prepared eCommerce strategy can increase sales from mere 10 percent to several times within the first six month of implementation. There is a possibility that order size per customer will also increase thanks to some eCommerce functionalities like advanced eCatalog, Notification service, order status viewing system and ability to offer related products.Expand client base: Depending on the exposure of your site, you can acquire customers from every corner of the world. You are no longer confined to any geographic area.Reach niche market segments: You can market your eCommerce site by pin pointing a specific market segment with the help of the Internet.Lower operating costs: Your eCommerce site will eliminate or reduce workloads of sales and support force. Marketing on the Internet is significantly cheaper than in offline world. You will also benefit from lower telecommunication costs, losses incurred from document errors, inventory and sales management costs. This will have direct impact on your company bottom line.Better customer service: The ability to provide decisive information, real time interaction with customers and customer relationship management functionalities allow you to serve your customers better and help increase customer retention.Enhance your company image: A well-managed, robust and user-friendly eCommerce site enhances positive image of a company.Are you ready for eCommerce?Before you implement an eCommerce plan, you need to figure out as an exporter or importer how viable it is for you right now? Are you going to receive the benefits mentioned above? Will the customers from different geographical locations benefit from your new service channel? How critical is a well-described product specification for your customers?Any company how small or big it is from an eCommerce site no doubt it will benefit immensely. But the question is, are you ready to commit enough time and money to make your new venture successful?Developing your eCommerce siteDepending on the type of eCommerce site you are planning to build it might take somewhere from three months to over a year.There are several ways of starting an eCommerce site.Building in house: You should consider developing your eCommerce site in house only if you have significant experience in this field. In order to build a successful eCommerce site you will need a team of experts in programming, designing, copy writing, and, most importantly, a project manager with the knowledge of your business model, enough technical proficiency and experience so that the system gets developed on time with expected business functionalities.Outsourcing: There is no doubt that outsourcing is more cost effective and less time consuming for most of the companies. The only thing is you have to choose the organization which will build your site carefully and professionally.Using web stores: If you are constrained by time or would like to take advantage of eCommerce immediately you can also get eCommerce site from online service providers. These web stores have all the needed functionalities for a true eCommerce site. Some of them are also capable of providing supply chain management and other key business automation abilities. Check out sites like
Rusbiz.comWhile implementing eCommerce strategy you need to remember that eCommerce just enhances and complements your present business model but the fundamentals of your business remain the same. However, eCommerce with it’s innate flexible nature may open new business horizons for you with all the risk and reward implications.