All Posts in "FINANCIAL BUSINESS"

Although cloud-accounting has been around for some time now, some entrepreneurs have not yet fully embraced the idea of taking their data to the cloud. Thanks to applications like QuickBooks, cloud-accounting makes it possible for entrepreneurs to optimize and grow their businesses. To help you understand how, here are a few of the benefits offered.

Reduced costs

Cloud-based solutions can help bring your business resources together, allowing these to be reallocated or shared as needed to more of your employees and clients at a cheaper cost than what it would take to build and maintain your own server. Additionally, your vendor will manage the storage, connectivity, licenses and servers, reducing the level of administration required to do so onsite.

Scalability

Hosted service providers usually have a utility pricing structure that makes it easy for businesses to add licenses and users when needed and reduce the user count when said licenses … READ MORE ...

Jonathan Tucker by — October 18, 2017 in Financial Technology

How to Keep Your Business Running in a Professional Manner

When you have a great business, you need to make sure that your employees are taken care of at all times. The best way for you to do this is for you to use an attendance and payroll software that is going to work for you. This type of software is essential for ensuring that your workers are actually coming in for their shift and are getting paid in a concise manner. There are tons of different options available to meet your needs each and every day.

The Right Software

The right software is going to make an enormous difference, so it is important that you consider the benefits of having something that works well for you. There are a lot of people who are there to make it easy for you when using a program that helps with attendance. This is why it is so important for you … READ MORE ...

Jonathan Tucker by — October 5, 2017 in Financial Advisor

Finacial ConsultantIt is incredible that when we go to the pub and that is a really normal factor in this company, we are constantly asked what we do for a living. Holders of the Chartered Financial Analyst® designation are securities analysts, dollars managers and investment advisors who have completed the CFA plan, a graduate-level, self-study curriculum and examination system for investment experts that covers a broad variety of investment subjects.

If you are only interested in purchasing mutual funds or annuity merchandise, then a Series 6 licensed individual could be sufficient, nonetheless, if you prefer access to a wider range of complex monetary autos like alternatives or high beta person stocks, a relationship with a Series 7 licensed person may well be the far better choice.

By completing coursework focused on key retirement issues such as asset management and estate planning, a Chartered Retirement Preparing CounselorSM is educated to assistance clients … READ MORE ...

Janson Berger by — September 15, 2017 in Finacial Consultant

Financial StatementsAs a Chartered Accountant in public practice, I have provided assurance on roughly 500 sets of financial statements more than the last 10 years. A money flow statement, also identified as statement of money flows, is a economic statement that shows how modifications in balance sheet accounts and earnings impact cash and money equivalents, and breaks the evaluation down to operating, investing and financing activities.

They could use either of two accounting techniques : accrual accounting , or price accounting, or a combination of the two ( OCBOA ). A comprehensive set of chart of accounts is also used that is substantially distinctive from the chart of a profit-oriented business enterprise.

Current Liabilities are accounts-, and notes-, taxes payable to economic institutions, accrued expenditures (eg.: wages, salaries), present payment (due inside 1 year) of extended-term debts, and other obligations to creditors due inside a single year.

Economic institutions (banks and … READ MORE ...

Jonathan Tucker by — September 12, 2017 in Financial Statements

Are there Benefits of Hiring a Financial Advisor ?

If you are among the many self-directed investors who mainly get a sinking feeling each time they receive a brokerage statement on their mail, you might need to engage the services of a qualified financial advisor. Financial advisors came into being before internet and before global recessions. Even though markets have managed to come back, the economy is still struggling and experts have not agreed on whether recession has ended. Most people are in a state of confusion and have difficulties selecting the best investments to make.

What’s more, some people find themselves in a decision making paralysis state and as a result, do nothing for the fear of coming up with a bad decision. Such a trend is more likely to cause a failure.

How a financial advisor will help you:

  • The first thing a financial advisor will do is to get your financial statement and look at it.
… READ MORE ...
Jonathan Tucker by — August 10, 2017 in Financial Advisor