One of the aspects of a business we haven’t touched upon due
to both its exclusivity and its cost is the purchasing of real estate. This
includes both residential and commercial properties. As you can imagine, both
are very expensive ventures to invest into. Commercial properties even more so
due to the applications behind them. When you investigate renting a residential
property for example, unless we are discussing a mansion or a villa, you would
be looking at renting into the thousands a month. When it comes to the average
commercial property such as an office block, you’d be looking into the tens or
hundreds of thousands a month.
So just in the start of this discussion, we are already excluding
most if not all our readers. But for the few who can consider real estate
investment, we really wanted to touch upon a specific subject. The importance
of a real estate attorney in the purchasing and running of a real estate
investment and rental is very understated.
A real estate attorney can do a significant amount to help run your rental property, more than even a general manager. This is because they are knowledgeable of a variety of laws and even accountancy laws within different cities, states and countries that even the most experienced general managers who have been working in the industry for 30 years are unaware of.
This post isn’t to insult general managers of commercial
properties or letting agencies, but rather to highlight how helpful other
services can be. An attorney will be able to help you settle any possible
disputes that may arise, while also making sure that you are fully within the
laws when running your rental. Ensuring that you do not break the law can save
you just as much money as you would make within the year.
It would be no secret to many businesses out there, that
bulk orders will always be the greatest source of income. When people are
willing to invest and purchase in a larger than usual order, then you are bound
to increase your business significantly more than average. This is the day that
every business appreciates.
There are many reasons that a bulk order can be a difficulty
for businesses though. The main aspect being the transportation of the order to
begin with. The cost of shipping items in such a large quantity will always be
the biggest expense for both the customer and the business. And if you are the
business owner, then you will not want to cover the costs yourself.
So, you must draw a fine line between home much of a
discount you can give with a bulk order. You cannot give a large discount to
the point it will begin to eat into the profits, especially if the deliver cost
will not cover the additional. When you calculate the actual weight of the
materials when you are shipping the products and the distance of the shipment
itself, you start to see a significant increase in the cost of the order
However, the point of a significantly large bulk order to
the point you can begin to offer a discount, you should still see a significant
profit margin altogether. That is why a bulk order should only be done when you
are aware that a significant profit margin is still existent after the discount
You also need to be aware of the discount amounts. IT’s always smart to go around the 5-15% discount, and no further than that. If you begin to give too high a discount, you start to see a drop-in profit. Especially depending on the actual mark up of the product you are shipping. We have a tiling Adelaide based company that bulk orders, and they benefit greatly from our supplys!