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That way, a company can hire employees, invoice in renminbi, conduct commercial transactions and begin gaining a first-hand understanding of the market.
FORBES: Staking Out Your Market Position In China: Part II
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The council issued an invoice in October demanding the money, or a payment plan, by 17:00 GMT on Wednesday, which Mr Parsons is now contesting.
BBC: David Parsons rejects demand for further payments
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With the 60-day grace period kicking in from the end of the month in which the invoice is received, HMV would not have had to pay the bill until springtime.
BBC: Music labels reeling at HMV woes
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The consultant, lazy and in a hurry to invoice his services, thought he could solve a real problem with an advertising gimmick.
FORBES: What About Joe? Knowing Who Your Customer Is
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Power and Associates says 62% of new-car buyers first consult the Internet for invoice prices, sticker prices and trade-in values.
FORBES: Dealers 1 Internet 0
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Now I am told that Austria does not even send an invoice because, I believe, it would cost more in postage!
UN: Secretary-General
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Factors operate on a similar model, purchasing accounts receivables from a business in exchange for an advanced funding amount for each invoice.
WSJ: How to Finance Your Start-Up Without Tapping Home Equity
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Before long an invoice or an order will be on your desk quoting a price in euros.
BBC: EMU fast facts
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Buyers can capture discounts at any point between invoice approval and the net due date and automatically present offers to lock them in.
FORBES: Written by By Drew Hofler