Computer Case Makers and Distributors can Use Invoice Factoring
Posted on March 25, 2014 in Distribution
Slow cash flow is often the reason that computer case makers do not pursue an aggressive growth strategy. The company figures that it barely has the cash to satisfy current customer orders and taking on more orders would only make things worse. This is the wrong approach to growing a business, and 1st Commercial Credit will show you how to change that attitude around and start pursuing business to grow your revenue. When you utilize a flexible invoice factoring program from 1st Commercial Credit, you can have your cash quickly and that allows you to focus your resources on company growth.
Invoice factoring from 1st Commercial Credit advances you the face value of your outstanding invoices and deducts a small lending fee for each invoice. We base out decisions on the credit profiles of your clients and not your company. That means that we can help your company if it has bad credit, no credit or even if you have just come out of bankruptcy. We have financial resources that can advance in up to 17 different currencies. We will be able to help your computer case manufacturing company to meet all of its financial obligations and look forward to stable growth.
1st Commercial Credit knows that your computer case manufacturing margins are thin and that cash flow is critical to your success. We understand your business because we have years of experience in working with companies just like yours. Let us show you how our efficient and reliable invoice factoring services can instantly turn your outstanding invoices into the kind of cash flow you need to stay competitive in the computer case industry and pursue the growth projects that your company needs to remain profitable as well.
Innovation in the corporate world can come from some very unexpected places. Computer cases have been around since the first computers were invented, but people do not realize just how much innovation goes into these seemingly static pieces of equipment. Sometimes innovation in the computer case world is driven by customer demand and, in other cases, it is driven by the persistent changes in technology that cause the forms of computer components to change. All the while, computer case manufacturers need to find a way for their products to stand out so that they can grab a piece of a growing marketplace.
Corporate customers have much different computer case needs than private consumers. For example, there has been a consistent push to create computer cases with smaller and smaller footprints by the corporate users. The challenge has been the fact that faster processors generate more heat and it is difficult to put that kind of heat in a small case and hope that it operates properly. On the other hand, home users are looking for large cases with lights and bells on them to give their computers a unique look. Neon lights and clear side panels are definitely demands of the consumer market that are not primary concerns for corporate customers.
Good Case Manufacturers Are Able To Develop Products That Are In Demand
In some industries, it is common to have manufacturers that offer products for corporate customers and manufacturers who specialize in consumer products. But in the computer case industry, a successful manufacturer is able to develop products for a wide variety of customers. Not every consumer wants the case with the neon lights and the clear side panels. There are plenty of consumers who want a basic and reliable computer case that will protect their computer components and allow them to get years of use out of their machines. But there is still that separation between corporate and consumer clients that all case makers need to keep in mind at all times.
Computer case manufacturers invest a significant amount of money in market research. It is critical that a case maker stay ahead of customer trends in order to remain competitive. As with everything else in the technology sector, people always want to see what you will give them next as opposed to dwelling on what you have already done. Most consumers do not realize just how important market research and consumer trends are to a successful computer case maker. Market research is an ongoing and expensive investment that the best computer case makers have to sustain if they want to generate a profit.
Innovation Is Important To Computer Case Makers
The innovations in computer cases often go unheralded, but they are critical to the advancement of the entire industry. A motherboard manufacturer may have developed the next great advancement for speed in computing, but it is useless if the board cannot work in any of the computer cases that are available. Case makers are constantly working with the other arms of computer technology innovation to develop new ideas that will keep ideas moving forward. If a case does not exist to house the latest computer development, then that case must be created or else the development will find it difficult to make its way to market.
Consumer innovations may be a bit different than the developments made for corporate customers, but both case designs need to accommodate the same components. The computer case industry never gets the credit it deserves for taking the time to be able to deliver such a diverse range of products that all follow the same standards for components. It is not easy to create a functional and efficient case that holds the same internal workings as a case with all of the bells and whistles. It is the kind of balancing act that case makers do constantly, and it takes a lot of cash to develop these product lines and get the people what they really want.
Cash Flow Becomes An Issue For Case Makers and Distributors
As with most other manufacturers in the computer world, case makers have a very diverse roster of clients. There are the computer makers who buy hundreds of cases at a time, and then there are the small online retail clients who buy a dozen pieces to stock their shelves. Distributors, computer retailers and computer technology resellers all need cases, and that creates a receivables aging list with a very diverse customer base. While it can seem great to have such a variety of customers to choose from, a case maker is more interested in maintaining cash flow than in taking on more invoices that will just go past due. Product innovation, marketing and personnel are ongoing costs that case makers must satisfy with cash flow.
The diversity in a case manufacturer's client list means that some customers will pay in a timely manner and some will not. Profit margins for case companies are traditionally thin, which means that every penny counts when it comes to outstanding invoices. In order to get the most from your invoiced sales, your computer case manufacturing firm needs to discover invoice factoring from 1st Commercial Credit. Invoice factoring turns your outstanding invoices into cash and provides the stable financial foundation you need to run your business. It solves all of your ongoing cash flow issues and frees your company up to go out and pursue new business.