Presenting Wedding Party Favors

The best way to end a wedding celebration is to thank the guests before they leave the venue. But how ill you do that? Simple, just have some wedding favors on the tables and encourage them to take one before leaving the party. All through the years, it is customary to prepare wedding favors for the guests. Giving these little tokens means thanking the guests for their presence in your very special day. Although little, wedding favors can make or break the entire party, so you really need to take care of them and choose the right one.

When picking the right wedding favors, there are some questions that should be answered first. There is an immeasurable selection out there that sometimes makes choosing the right favor a bit difficult. To help you solve your assignment, this article will give some ideas on how to choose the favors that are best for your wedding, because presenting wedding party favors should not be too stressful.

In order for you to select the right favors, you have to decide first what theme you want for your wedding. You can easily choose other essential things if you already have a theme in mind. It is nice to see that everything from the invitations, cake, down to the favors match one theme that you wish to show off. Even just colors can help you pick out the right favors for you.

Another important thing you need to keep in mind is your budget. Little things can quickly add up to your expenses, that’s why you need to set a budget first and then stick with it. Wedding favors have a huge price range starting from less than a dollar to most expensive price range. Depending on how much your budget is, you can easily select the items that you can afford. Don’t overspend your savings just because the first thing you saw attracts you. Remember, there are lots of attractive choices that may allure you, so you need to be extra careful not to easily be carried away.

Now that you know the theme of your wedding and the price of each favor you can afford, the last question you need to answer is will you buy or make your own wedding favors. Both of these have pros and cons. If you opt to make your own wedding favors, you should start making ahead of time. Also, it depends on how crafty you and if there are people who are willing to help you make your own favors at home. However, if you are on a tight budget, making homemade may be a better option. On the other hand, buying pre-made favors should start by hunting and comparing prices.

Search online to have a quick access to a wide variety of wedding party favors that are popular these days. Visit websites that specialize on wedding supplies and other wedding accessories. These sites usually offers wedding favors choices in different category: by price; by theme; by season; and by type.

Net Present Value (NPV) Made Simple

Net Present Value (NPV) concept just means that money now is more valuable than money later on. Why? Simply because you can use money to make more money! You can either start a business with money, or simply put it in the bank to earn interest!

Imagine that your parents just won the lottery and offered you the choice of receiving $10,000 now or next year. Which one would you chose?

If you place the $10,000 in your bank account today and assuming you can earn 4% interest, your money could earn $10,000 x 4% = $400 in a year. In other words your $10,000 now would become $10,400 in a year’s time.

In other words, $10,000 now is more valuable than $10,000 next year. $10,000 now is actually the same as $10,400 next year (at 4% interest).

There are many different ways that people use these terms in the industry.

We can say that the Present Value (PV) of $10,400 next year is $10,000. We can also say that the Future Value (FV) of $10,000 invested today is $10,400 in one year. Using the same logic applied to multiple years (n) and a given interest rate (r) we can link Present Value (PV) and Future Value (FV) to each other by a formula:

PV = FV / (1+r)n

PV is Present Value FV is Future Value r is the interest rate (as a decimal, so 0.04, not 4%) n is the number of years Let’s use this formula to calculate Present Value of $900 in 3 years with 10% interest rate:

PV = FV / (1+r)n

PV = $900 / (1 + 0.10)3 = $900 / 1.103 = $676.18

In some finance books, you see a formula PV(r,n) showing a function of r and n:

PV(10%, 3) = 1 / (1 + 0.10)3

so for the above example you can write PV = PV(10%,3) X $900 = $676.18

NPV and Project Selection

The concept of NPV is often used for selecting projects that are worth doing. You subtract the initial investment on the project from the total Present Values of inflows to arrive at Net Present Value (NPV). You proceed with the project only if NPV is positive.

There are two main formulas for the calculation of NPV:

When cash inflows are even:

NPV = C × 1 − (1 + r)-n / r – − Initial Investment

In the above formula:

C is the net cash inflow expected to be received each period r is the required rate of return per period (or interest rate over the period) n are the number of periods during which the project is expected to operate and generate cash inflows

When cash inflows are uneven:

NPV =C1/ (1 + r)1 + C2 / (1 + r)2 + C3 / (1 + r)3 +… − Initial Investment

where:

r is the target rate of return per period (or interest rate per period); C1 is the net cash inflow during the first period; C2 is the net cash inflow during the second period; C3 is the net cash inflow during the third period, and so on…

In some books Initial Investment is also presented as C0 but with a negative value when you add it in the equation:

NPV = Co + (C1 / (1 + r)1) + C2 / (1 + r)2 + C3 / (1 + r)3 +…

How to List Your Local Business Online

If you are operating a business in your local area, you would want it’s popularity to rise so that you can work towards gaining more and more reputation and customers from your area, so that you can beat the competition. You can use several ways to make sure that you are on the top in your local area; one of the ways could be advertising. You need to learn how to list your local business online because it’s a medium that will be around for a long time and it is growing rapidly today.

In this article, I plan on telling you about the various methods of advertising you could use, as well as methods to list your local business online.

If you are operation a local business, I am pretty sure that your advertising budget will be really small, and you would look to find out the methods by which you can advertise without going over your limits. You would also want your advertisement to be effective in the sense that it would reach out to all of your targeted consumers. Well, the first method you could use is by advertising in newspapers.

Printing ads in the newspapers can be relatively easy and cheap. You would just have to go at the newspaper agency and give them the details of the advertisement that you want to place in their newspaper. Another option that you could utilize would be through the flyers. However, you should take care with them because if their circulation is not in the right area, you wouldn’t benefit from them at all.

You could also benefit from the yellow pages directory in this regard, but the thing is that not many people pay attention to yellow pages or the newspaper ads or the flyers these days. More and more people are now spending time online, which gives you even more of a reason to start listing your local business online and getting the potential customer leads from there. In this way, you would be spending less amount of money on the advertisements and will gain more because the internet has a lot of target public.

The internet can be the most affordable deal for you, and also the most wisest choice, which is due to the fact that a lot of people, about 78% in total, search on the internet for the products or services that they want to acquire, and they would go around buying from the dealer available nearest from their house. In this way, if you list your local business online, you would get a lot of hits per day because there would be a lot of people in your area that don’t even know that you are running this local business, and just because they searched on the internet for it, they would come to you and buy the stuff that you are selling.

You don’t need your website to be real colorful or anything. Just put on a simple website, and make sure that you apply SEO or Search Engine Optimization on it, so that your website appears on the top of the list among the others in your competition.