All You Need To Know About FOB

FOB is an important term related to the shipping of goods. It stands for “freight on board” or “free on board” indicating the designation when the ownership or liability of goods gets transferred from the seller to the buyer. The term FOB is often confusing for many in the shipping industry. However, it is crucial that both sellers and buyers must understand the proper FOB definition and scope so that they do not end up in losing dollars. This term determines the responsibility of the party for bearing the charges of freight and also decides the point of time when the shipment is passed over from the sellers to the buyers.

For instance, in case of international shipping, FOB indicates that the consignor is going to bear the loading cost and the transportation cost for sending the goods to the port. The consignee bears expenses related to insurance, ocean freight, unloading and the transportation cost of the goods from the port to the actual destination. The seller in this situation passes over the risk of the goods to the buyer when there is the loading of goods at the port for shipment.

Difference Between Origin And Destination:

FOB origin indicates that the ownership of the goods is transferred as soon as in gets out of the hands of the seller. If shipping of the goods is required then it is the buyer’s responsibility and he or she has to bear the expenses. This type of transaction is often referred to the city name like FOB Boston, FOB San Francisco, etc.

FOB destination, on the other hand, indicates that ownership of goods is transferred to the buyer when the original products reach the doorstep of the buyer. Here, the seller has to arrange for the transportation of the goods for which either he pays or charges the buyer for the expenses. The seller also has to be liable in case the goods suffer any damage while en route.

FOB comes more into the picture when there are wholesale or B2B shipments of large goods.

Use Of FOB In The Shipping Documents:

There are four ways in which the FOB term is included in the documents for shipping:

  • FOB (place of origin)- Freight Collect
  • FOB (place of origin)- Freight Prepaid
  • FOB (place of destination)- Freight Collect
  • FOB (place of destination)- Freight Prepaid

It is important that the shippers understand the FOB designations well especially in case of damages to the goods. Some of the receiving docks totally deny the delivery of the damaged goods without accepting the damage notation. However, when a shipment is designated properly, it is clear that the damage risk has to be borne by the seller or the buyer. In such cases, there is no question of confusion. Moreover, the Incoterm 2010 has also amended the definition of FOB which has made the sale contracts simpler and understandable by all.

Why Does FOB Matter?

The term is particularly important for those companies who are engaged in shipping huge quantities of goods. A clear concept of the FOB term helps in understanding the liability of the party regarding the safety in the delivery of the shipment. It also helps the buyer and the seller in knowing which party owns the materials at a particular point of the shipping cycle. This information is also helpful for the accountants who can maintain instant records of the transactions on the basis of FOB. Moreover, the term is also useful in proper logistics management.

Sales Tax And FOB:

If you are falling in the nexus of any state which charges selling taxes on shipment, then FOB can be your friend. For the packages which have FOB origin marked on them, the buyer pays the freight charges directly by contracting with a shipper. Thus, the seller has no role here. The buyer does not have to bear sales taxes as he has already paid the freight charges which most of the states consider exempted.

When people find the term quite complex to understand and interpret, they often take the help of professionals who are expert in the field. This ensures that you comply with the terms without any faults and the shipments get managed quite fast. FOB incoterms is another interesting aspect which the shipping industry must pay attention to and know about in details.

Becoming an Affiliate Via an Internet Business

Online businesses are becoming very popular. Everyone is looking for self employment opportunities that involve minimal or zero investment. If you do not want to obtain an office or make an investment in a company; you can become an affiliate to earn commissions. You do not need to have your own products or services; all you're doing is promoting someone's product to get paid. You will be known as an independent contractor and you must have skills in sales as well as a people person that is not afraid to get out there and make presentations or attract customers through posted videos and blogs to get the attention that you need for potential sales.

By becoming an affiliate you can start making money while working your regular 9:00 to 5:00 or right from home. An advantage of becoming an affiliate is that your small business is already accredited locally and nationally and consumers are already aware of the products that you are currently selling and how they work. You are simply getting the word out there about a product or service that is already in good standing and that that completely covered with insurance and governmental approval. Testimonies relating to the excellence of the product will already be available for you to use while promoting the product. People may possibly have already heard testimonials about how well the products work and how cost effective they are along with the benefits of them.

A great way to make your presentation known is to create postings, write blogs as well as creating a website to help get your name out there to the public. Obtaining a website to promote your affiliate business can be inexpensive and easy to maintain by using the tutorials that are given. When becoming an affiliate do research on available options in offered by companies; select a company that offers you a great product and a substantial benefit for selling and promoting the product. To be successful as an affiliate you must spend time doing research to choose the right program and maximize your profits. While choosing your program you want to become an affiliate with give thought to the process you will be following to promote the sales of the products. Do not expect high returns on day one. Every business takes time to establish and to earn profits. Do research to promote the right product.

Becoming an affiliate has great perks such as being an accredited affiliate for product or services locally and nationally, promoting a product that has already been known and has possible testimonials, you are able to conduct your own business selling other products and collecting profits and create your own hours. Research the companies that offer the programs that work best with your talent and skills. Create your own schedule and determine to set up the blogs, social networking sites and websites that are needed to attract customers 24-7. An online business is easy to promote and can draw traffic daily when promoted properly. Become an affiliate and create revenue each month; once when you become an affiliate you can quit your day job and work full time from home.

How To Paint the Furniture To Retain Its Elegance

When I was chatting with my friends about home renovation, many of them felt that painting the furniture is a waste of money. I argued against that point by drawing an analogy between human beings and furniture pieces. I compared human dressing with the paint applied on the furniture and I explained them in detail about the advantages of paints. Finally, I won the argument and had a treat.

I am using this space to share a few important points that helped me to win over the argument and also help you to revive the charm of the furniture. We should take a cue from the nature. The ozone protects us from harmful UV rays, similarly the furniture has to be protected from environmental issues. But be clear that the painting a wall and furniture are different except for a few points.

If you are planning to paint the furniture, spare some time to read the following points.

Primer

Firstly, the furniture has to be coated with a primer. It is an undercoat to prepare the furniture for painting. It facilitates the paint to stick on the surface instead of spreading. It also increases the durability of the paint besides protecting the furniture.

The primer must also match the paint you are going to use. For latex paints, choose a latex primer. It is easy to use and it blocks stains. It won’t smell like an oil-based primer.

Similarly, Oil-based primers must be used for oil-based paints. They offer good adhesion and stain blocking compared to latex ones.

Metal enamel primer is known for its durability. This type of primer comes in satin and semi-gloss finishes.

Paint

Many often get confused what to use either Oil-based paints or Water-based paints

Oil paints have been used for centuries. They generally took long time to settle and dry.

Water-based paints are of different types namely Mud, Standard latex, Chalk and Milk paints.

Mud paints give antique appeal to the furniture. They have smooth, flat finish with great coverage. It works well with wax or any water-based coat. They also don’t need a primer as it is inherently adhesive.

Standard latex require a long curing time. They are relatively durable. They need the support of the primer.

Chalk paints have many benefits over other. They don’t require primer as they are normally adhesive. Another advantage is they don’t even need sanding.

Milk paints are commonly available. They can be easily applied to all kinds of surfaces. They are eco-friendly and non-toxic.

Over and above, take some safety precautions while painting as many of the petroleum-based paints are toxic. Paint the furniture in open surroundings as it is a hazardous work.

Helping Your Pre-Education to Reflect and Evaluate

We are now one-third of the way through this series. This is a good time to reflect on and evaluate your progress with helping your pre-Education Student develop math skills. What strategies worked as you hoped? Have you encountered any problems? Do you still have a clear view of what you are trying to accomplish and why?

In the introductory article of this series we discussed the research finding that the critical years for learning logic and establishing a solid math foundation are ages 1 to 4. Equally startling, from continued studies, are results showing that a Student’s math skills at kindergarten entry are a better predictor of future academic success that are reading skills, social skills, or the ability to focus.

Read that again! A Student’s math skills at kindergarten entry are a better predictor of future academic success than even reading skills. This result is HUGE! I hope this fact brings into focus just how very important your efforts are for your Student’s future.

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At this point you might be thinking that you should transfer the responsibility for math learning to an organized preEducation, but I strongly caution you against this idea. PreEducation, whether started at 3 or 4 years of age, can be beneficial, especially for social skills, and might become appropriate for your Student. However, it misses those initial critical years for establishing a good math foundation. In addition, as this knowlegde of the importance of preEducation math education becomes more widely known, more programs are being devised that rely too heavily on “seat work.” PreEducation Student lack the motor skills and attention span to be successful in an all seat work environment. Sadly, in too many of these programs our very young Student are losing their enthusiasm for learning. It is imperative that this NOT happen to your Student!

Now might be a good time to re-read the second article in this series: 7 things You Must Always Do. Realize that these procedures and attitudes are important for all learning to occur. In fact, you have probably used most, if not all, of these as you have worked with your Student’s language skills. Realize, too, that most of the early math skills can be handled along with the early language skills. Learning to count–1, 2, 3, 4, 5,… –is the same skill as learning to say the alphabet–a, b, c, d, e,… Learning to write numerals can accompany learning to write alphabet letters. Your Student’s expanding vocabulary can and should include math vocabulary as well.

So far in this series, we have discussed helping your Student master counting, number recognition, using number lines, focusing on “if-then” thinking, addition, subtraction, number families, even and odd numbers, and a quick look at some simple number patterns. Hopefully, you are taking advantage of “teachable moments” rather than trying to schedule learning sessions. Your routines, like trips to the store, fixing meals, play get-togethers, going to the park, bedtime reading, etc., provide many opportunities for learning to occur.

Let your Student’s interest and enthusiasm guide what you do, when you do it, and for how long. Frequently return to previously learned skills to check that their understanding is still present and correct. This will let you know if you need to re-teach a skill. Know that having to re-teach is a normal part of learning and does NOT indicate a failure on your part.

I am going to postpone articles introducing new math skills until after a few articles that will address some related issues, like the importance of reading to your Student, fixing learned mistakes, task analysis, and learning styles, Continue working with your Student as you have been, always staying positive, keeping things fun, reinforcing success, and paying close attention to your Student’s body language and mood.

Points to remember with preEducationers:

Student learn at their own pace. They will pick up some skills quickly while other skills will need repeated practice.
Student need to be actively involved in their learning. They must DO things rather than watching and listening to you.
Repetition is necessary for learning to occur. However, make certain that what is being repeated is correct. Practice only makes permanent. Only perfect practice makes perfect.

Keep up the good work with your preEducationer! Never lose sight of just how important you are to future success.