New Electronics Company

[messianic light]

I set up a business bank account for my electronics business about 6
months ago
so far I have been delayed in 'doing' anything electronic and seeing
as I am paying Ł29 per month for the bank account, I have become
overdrawn, not having paid in a cheque from a customer due to not
going out selling and educating people about new technology

I plan to sell electronic kits in my local community, which is 90%+
Muslim, and anyone who gets the bug will become a prospective employee
the first job available is a Solderer working up to 15 hours per week

I studied for a Honours Degree in Electronic and Information
Engineering from 1987 to 1991, only passing 2 years
I was the best Computer Programmer on the course and strong at Digital
Electronics and Logic Gates

Today, I bought a USB Experimenter Board, and I have tested it and
have a few ideas for USB devices for the future
it is an exciting time and reminds me of catching the bug when I was
aged about 7 or 8 and was given a battery, crocodile clips and a bulb
by a boyfriend of one of my sisters
I have just turned 40 and been self-employed since age 23, at which
age I worked on a kibbutz in Galilee, Israel

if you have heard of Feng Shui, then we could be selling my first
product, that I will go about developing tomorrow, to everyone in
China as a branded product and also to any householder who gets into
Feng Shui
I suppose I should have applied for a patent before I gave you that
snippet of news but I will be looking for help from you, whether you
are a beginner, expert or a good salesman

 

[Robert Baer]

messianic light wrote:

I set up a business bank account for my electronics business about 6
months ago
so far I have been delayed in 'doing' anything electronic and seeing
as I am paying Ł29 per month for the bank account, I have become
overdrawn, not having paid in a cheque from a customer due to not
going out selling and educating people about new technology

I plan to sell electronic kits in my local community, which is 90%+
Muslim, and anyone who gets the bug will become a prospective employee
the first job available is a Solderer working up to 15 hours per week

I studied for a Honours Degree in Electronic and Information
Engineering from 1987 to 1991, only passing 2 years
I was the best Computer Programmer on the course and strong at Digital
Electronics and Logic Gates

Today, I bought a USB Experimenter Board, and I have tested it and
have a few ideas for USB devices for the future
it is an exciting time and reminds me of catching the bug when I was
aged about 7 or 8 and was given a battery, crocodile clips and a bulb
by a boyfriend of one of my sisters
I have just turned 40 and been self-employed since age 23, at which
age I worked on a kibbutz in Galilee, Israel

if you have heard of Feng Shui, then we could be selling my first
product, that I will go about developing tomorrow, to everyone in
China as a branded product and also to any householder who gets into
Feng Shui
I suppose I should have applied for a patent before I gave you that
snippet of news but I will be looking for help from you, whether you
are a beginner, expert or a good salesman
I think that you did poor shopping for a bank and specifically a bank

account.
There are many "no fee" accounts, some even do not require a minimum
beyond a $10 opening amount which is a credit to the account.
Now all banks charge for check printing which must be accounted for
in the opening amount so that there is always a positive balance;
charges and fees exist for bounced checks and attempts to withdraw more
than balance in account.
Never write a check (and that includes check printing charges) for
more than you have in the account; assume all checks are cashed the
instant you write them and your problems will be near zero.
Assume all deposits (other than cash) do *not* clear until a bank
statement states otherwise; assume cash deposite are not good for a few
business days (find out frombank how many days).