Author: Complete Controller

As soon as you tap into an entrepreneurial world, you realize how the competition keeps on taking over your brand. The more you dive into the nitty-gritty, the more you find industries revolving around one simple concept: to stay stable in the industry, companies should find a way to stay relevant in their customers’/clients’ eyes. Their clientele and customers should connect with their services and products. They need to develop techniques to increase customers’/clients ‘ engagement with their services and products. If you have been wondering, here is a list of some strategies you should consider improving your brand’s products and services.

Improve Your Products’/Services’ Quality

 Most companies do not know that their products and services’ quality is what bound their customers and clients to them in the long run. For example, improving your products and services’ quality is the key ingredient that you should invest in if you want better results. It will help your customers stay with you in the long run, and they will also be satisfied with your deliverables. And as a result, your brand’s sales will skyrocket, and you will capture a good portion of a market share in the industry.  

Go for Your Clienteles’ and Customers’ Satisfaction

Once you have established your products and services’ quality, find ways to satisfy them more with your deliverables. With several ways to achieve this, all you need is to choose just the right techniques to ensure that your clients and customers stay satisfied with your brand’s offering. Whether it’s the brand’s customer service, product quality, or methodology you use, ensure your customers and clients are satisfied in the best way possible. And chances are your strategies will result in better customer retention and engagement.

Adapt to Their Need

If you have been in the entrepreneurial world, you know how adapting to your clients/customers’ needs the need of the hour is. The idea is those brands are likely to go down in their market share, customer retention goals, vision, and mission if they do not adapt to their customers’/clients ‘ demands.

Most brands achieve this by leaving feedback forms and reviews – either online or when their customers walk into their offices for them to fill in later when they are done with enjoying their services. Other ways include leaving online surveys seminars where customers and clients talk about the things that may or may not work for them in your brand’s products and services. In this way, you get to increase your brand’s awareness, your campaigns gain better results, and your brand achieves milestones it would not otherwise reach.  

Find a Reason to keep them Engaged with You!

Keeping your customer engaged with your brand can be quite a bit of a hassle if you have been living under a rock and did not know already! However, it is one of the most significant factors that every brand should consider if they want to take your brand’s success a notch higher. When your target audience stays engaged with you, they find a reason to stick around with your brand in the long run. They trust your brand and enjoy spending their hard-earned money on your products and services. Therefore, it is imperative that you find a reason to stay engaged with your brand. You can consider devising your social media campaigns in a way that keeps your customers guessing for what it is to come next should be your goal, and chances are results will turn in your favor.

Keep Improving

Finally, consider improving your brand every day. Find strategies that work for your brand, and chances are the results will turn in your favor. The idea is that the only constant thing in today’s world is growing. Ensure to strive for your brand’s growth, and the results will be strong market share, increased sales, and your brand achieving greater milestones promptly.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

How do you select which application is correct for the position? According to current research, 29% of hiring managers and recruiters say that gut instinct is their primary reason for recruiting someone. That is linked with 23% who said relevant experience is their primary reason, and just 8% say their choices are based majorly on formal education and qualifications.

Gut instincts are valuable in any position of the company. However, it can be precious when it comes to recruiting and the hiring process. The question is. As the hiring manager, should you rely on gut instincts when hiring new employees?

What is gut instinct?

Your gut instinct helps you make choices that rely on your prompt emotions, judgments, and even subconscious ones. In hiring, this could mean selecting an applicant rely on who feels correct for the role.

Gudrun Limbrick says, “the thing regarding human beings is that we are genetically strengthened to choose on these signals and signs and understand them in the best approach for us. These signals and signs accurately allow us to get a partner or choose a friend and a foe.”

“So significant is the capability to make judgments regarding other people that can’t switch it off. When we meet someone, we immediately make judgments regarding their value in our lives, and we endure to add or maybe adapt, this judgment as we relate to them further.”

“As a hiring manager, we are picking up these signals and signals whether you want or not. It could be incredible to separate these human, gut instincts from the hiring notch pads on the counter in front of us.”

Can you trust your instincts?

A gut instinct can be good or positive. You can be picked up on quickly liking the applicant, their positive communication skills, or their specialized manner. If you are an expert at recruiting, you might have excellently tuned natures regarding who is correct for the role. Equally, you can be picking up on the non-existence of any of that and impulsively feel that they would not be positive in the role.

Don’t Just Trust Your Gut

Everybody has personal favoritism, by your interviewer or examiner might well have personal favoritism to excellent project managers along 3-5 years’ experience, some low helpful favoritism could be operating under the surface too: biases explicitly around gender, race, religion, disability, age, gender discrimination, and many other minority groups or endangered features.

Though more we work to eliminate prejudice, it could still lurk in your influence and subconscious decisions, often known as unconscious bias.

Based on Instincts

While there is a general agreement that hiring possess have enhanced in current years, with greater standardization and equality being carried the procedure, current research propose that it might be too early for recruiters to provide themselves too many of a pat on the back.

Jobs and hiring websites such as Indeed questioned what influenced their hiring decision; 28% more than one in four said that their hiring choice was mainly down to gut instinct, other 23% that have to experience was the main drive in their choice. In comparison, just 8% said their choices were depended primarily on qualifications.

With less than 10% of recruiters putting the central mass onto qualification held by the applicants, we could hope that this is mainly down to a smaller number of the posts in query guaranteeing relevant qualifications, instead of an absolute notice of the significance of qualifications that public spend much more time and money accomplishing.

Focusing on the achievement of relevant qualifications is one of the approaches we analyze people by their correct suitability for the position rather than their personalities.

Be Realistic

A gut instinct is valuable to the hiring process, apart from these crucial problems. It is the instinct that makes you a great hiring manager. We employ people to play a vital role in a group and cooperate with other people positively to be efficient for the organization.

To an extent, it can be claimed that this relies on people getting on, humanly, and they want to be the same to do this. However, it is an imperceptible concept and probably difficult to prove.

Conclusion

Gut instinct plays a vital role in hiring applicants; entirely depending upon gut instinct without analyzing the candidate’s qualifications, skills, and experience might lead your business to a crisis. Choose wisely.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

Millennials face some financial challenges or temptations that previous generations did not face when managing the money they earn. Because almost anything you could want is within reach with just one credit application, building up debt is more easily done than before.

This temptation and the ability to quickly obtain credit have made Millennials more susceptible to financial issues. Here are thirteen tips that Millennials (and other generations) can use to maintain their finances and stay out of debt.

Save on Your Car

Cars get more expensive every year. However, there are several ways to save on the purchase of a vehicle. You can lease or buy your car used. You can also seek to add upgrades to your existing vehicle that improve the car’s value.

You can also save money in the long-term ownership of your car by keeping up with regular maintenance. If you find a great mechanic, you can regularly bring the vehicle into them to have preventative maintenance done or catch issues early, saving money on repairs.

Only Use 30% of Your Income for Housing

Almost everyone wants a bigger and better house, a place with a bit of land, a garage for three cars, and a hot tub, but it is impossible to pay for it unless you get into debt. And that responsibility must be avoided at all costs if it does not make sense to have it.

Whether you rent or purchase your home, you mustn’t spend more than 30% of your income on housing. If a lender is willing to extend a more significant amount if you purchase the home, you must take control and keep it to 30% of your income. If you are leasing a home, look for homes to rent that stay below this threshold.

Vacation Economically

Having expensive vacations is out of reach of almost all millennial budgets. Saving for a vacation to pay cash for all the expenses is one way to vacation economically. Also, you can purchase packages in advance that are inclusive or find fun and exciting ways to spend your vacation.

While a vacation is meant to relax and getaway, if you overspend or put it on credit which can be challenging to pay back and much more expensive due to interest, you could end up causing financial stress.

Keep Luxuries to a Minimum

While your goals may be to own luxuries such as boats, motorcycles, or other expensive toys, you should keep these purchases to a minimum when staying within your means. If you decide to purchase such items, buying them on credit could be more expensive.

If you can’t live without these luxury items, you should either save for them and purchase in cash or buy them used. You could also consider sharing the purchase with others or leasing them to save on costs. Sharing the purchase with others or leasing them as you want to use them can save you big and still give you the feeling of having luxurious things.

Take Advantage of Discounts

Many people will buy the total price and never think anything of it. However, those on a budget should always be looking for discounts. Also, buying used or purchasing “fixer-uppers” can save significant money. You can also look for larger purchases at discounts or ding and dent stores. You can also look for sales, coupons, and other ways to save if you put a little effort into thriftiness.

Allot Some Fun

Though you should always be looking to save more and spend less, you can put some money aside to use to live life. Whether you treat yourself to dinner out, going to the movies, or getting a spa treatment once a month, it is okay to put money towards enjoyment.

Educate Your Kids

Most people with money issues as adults either had poor examples financially or never learned the value of a dollar. Every generation must take the time to teach their children the value of money, how to save it, and how to be good stewards of your income.

These money lessons can be taught through allowances and showing them how to allot the money. It would be best if you were teaching your children savings, investment, charity, and responsibilities. Teaching them about financial responsibility will go a long way to making them well-adjusted and successful adults.

Protect Electronics

From phones to computers to tablets, everyday usage devices are vulnerable to damage. You must buy protective cases and have rules to protect them from damage. For example, forbidding those using the computer from having drinks around could save from an accidental spill that will do hundreds of dollars of damage.

Be Careful with Debt

Avoid putting it on credit when you want to buy something if you do not plan to pay. The millennials often feel more comfortable if they postpone things for later. It is a mistake because everything must be paid for. If you do not know where you will get the money to pay, do yourself a favor and not buy it.

Avoid Mistakes

Millennials are undoubtedly well-prepared; however, when it comes to financing, they often show fear of going against the tide, as peer pressure and other social factors make them manage their income with little efficiency.

Regardless of age, we all want the peace of mind that we do what we can to ensure a good quality of life without compromising the future by living the present irresponsibly. To achieve this, pay attention and do not make these mistakes:

Saving Before Debt

When it comes to debt, it is necessary to contribute to pay it from the first day if you do not want to live enslaved by interest. However, if your interest rates are 6% or less, it is probably better to invest that money aggressively in the long term instead of repaying the loans before.

Investing Conservatively

Generally, millennials are more likely to call themselves conservative investors than Generation X and Baby Boomer, mainly because they witnessed the biggest market crisis in decades during their childhood and youth.

Although the stock market will rise and fall, often uncontrollably, it is the best place to invest in the long term. Choose a fund with an accurate date closer to the year in which you will turn 65.

Paying for Luxuries on Credit

You need to be practical and prioritize. Sometimes you can have anything, but you cannot have everything. This is a new concept for many young people who grew up in families where there was double income and in which they had their wishes met almost immediately.

If you cannot pay your tastes in cash, choose the ones that suit you and postpone the rest until your income increases.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

A recession is a temporary economic decline that is often devastating for individuals and small businesses. During a recession, large organizations face uncertainty but have stable resources, adequate funds, and multiple other plans to survive the recession. Unfortunately, small businesses can significantly suffer during a recession due to low funds or assets.

The current global pandemic has increased the chances of a global recession, and some critics say that the recession has already started. Regardless of whether the recession has begun or is impending, it is unwise to wait for the worst-case scenario. It is better to have a recession-proof strategy that supports your business during a crisis.

Below are some factors that can help support a small business during a global economic recession:

Core Capabilities

Investing in a new venture during economic prosperity is a positive risk, but it is essential to focus your efforts on a core product or facility in a recession. This focused effort will help maintain operations sustainably and stable sales throughout the recession. Do not spend your capital on experimenting with new products or services. Instead, invest in marketing your core product to keep cash flow moving and create new revenue possibilities.

Never Stop Marketing

If your brand presence is weak during a recession, then it is likely your competitors will outperform you. Unfortunately, it can be difficult for people to remember a brand due to crisis chaos since most individuals are focused on their financial or personal problems. In short, if you are not heard or seen enough during a crisis like a pandemic, then consumers will forget you.

An effective online presence and targeted marketing are prominent strategies that provide your business with an expansive reach during a crisis. Online marketing is affordable and effective, which is the perfect combination for marketing during a recession.

A company should never compromise its presence and always invest in promotions to positively impact its customers. How can you improve your presence online? Here are some tips: 

• Use Pay Per Click (PPC) if necessary
• Try to engage all previous or lost customers by marketing something new and attractive
• Actively connect with consumers by consistently sending relevant emails
• Keep your social media accounts active and post something new regularly

Control the Cash Flow 

When you have decreased cash flow, you have to spend your resources quite carefully. However, it is not easy to budget a business since revenue is disturbed in a recession. Therefore, it becomes challenging to survive, and low or zero cash flow can result in complete business failure. Because this is the worst-case scenario, it is best to strategize and react to a recession accordingly. Some ways to react appropriately include:

1. Do not spend unnecessarily. Check your expenditures and inspect any possible way to save capital by preventing miscellaneous or unnecessary use of funds. Try to arrange essential items at the most affordable prices.
2. Negotiate on vendor terms. Recession affects everyone, and even a small vendor is stressed because of the crisis. He has many concerns regarding his business and understands his market position. Therefore, he is likely to negotiate terms and settle on conditions that are beneficial for both parties.
3. Have a Plan B for financial support. A recession can also create unexpected situations, so it is better to be prepared before anything occurs. Always have a guaranteed financial backup in the form of an easy bank loan or shares that can sustain operations during a crisis. While creating a plan that does not require any external assistance is ideal, it may be your only option during a recession. It is better to explore different financing options and you’re your business than lose it during a recession.

Do Not Give Up

Sustaining a business in times of recession is indeed stressful, difficult, and challenging, but it can be a time of new beginnings and new possibilities.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

When a spouse or parent passes away, there can be expenses associated with that death that can burden the family left behind. However, there are ways we can protect our loved ones after we are gone with some preparation and the purchase of a good life insurance plan.

There are several ways you can choose the correct life insurance for you. You must be well-informed and understand the different types of insurance before you get with a licensed agent. Most insurance agents who sell life insurance focus on the commissions they will receive. Therefore, you must approach it with an understanding of the types available to you.

Because it is another monthly expense, many people do not carry life insurance. Depending on the type you get, the expense is generally not as much as people might think. However, it is understandable that life insurance may not register as an option when contemplating your monthly budget. Most people don’t want to think about mortality. Here are seven reasons you should carry life insurance.

Security

Life insurance provides protection and support in cases of loss in an unexpected death. It is better to have it and not need it than to need it and not have it. Life insurance offers security and protection when there is a loss of income due to death and takes care of the expenses left behind by the insured.

Reduction of Risks or Losses

In business or on a personal level, having life insurance increases the probability of getting ahead in the face of the business owner’s death or the family’s primary breadwinner. Life and death are unpredictable in most cases, and life insurance lowers the risks of losses to your loved ones after you are gone.

Peace of Mind

Life insurance eliminates or reduces the tension, fear, anxiety, frustration, or mental weakness associated with the uncertainty of the future. It is essential to know that not having financial security for the future causes tension, distraction, and worry, resulting in lower performance in our work and personal lives.

Our health can also be affected if we do not foresee our eventual death and prepare to take care of our family after death.

Savings

Many life insurance options have savings built into them. Most people are unaware of this benefit. Depending on the type of life insurance you get, you can borrow against it after paying into it regularly for a set period.

Life insurance promotes regular and systematic savings, which could be useful and necessary for the insured person after some time, depending on the life policy contracted. It is practically a benefit that you could use in the future.

Loan Collateral

Some banks will allow you a loan offering the policy as a guarantee if you have life insurance. In case of the insured person’s death, the same policy can be used to cancel or settle the loan plus interest. Also, business loans can be received from a bank according to the documents and insurance guarantees. It can be an excellent option to request and expedite a loan.

Employee Welfare

Many companies offer health and life insurance as a benefit of working for the company. Some companies pay the insurance premium for their employees as part of their compensation package and salary. Due to these benefits, the employee will be better positioned to be productive since the work environment provides them with this security.

Financial Future

It can also lead to the financial peace of mind of your family. Life insurance policies can offer a payout that will cover the insured’s expenses and offer some financial compensation to be used for the beneficiary’s financial future. This benefit is another way the insured can take care of their family after they are gone.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

Purchasing a house requires a great deal of time and exertion; however, a bit-by-bit cycle can help make the home purchasing measure sensible and help you settle on the ideal choices.

The specialist may lessen the estimation of the portion of the term of the financing credit of the Housing Finance System (SFH). To do such, utilize the Time Guarantee Fund (FGTS) to discount the excellent equalization. The best part is that the entire cycle should be possible by phone.

It is permitted to utilize the FGTS to purchase a subsequent property if the Fund’s assets have been used recently in the purchased property along with someone else. However, is the client no longer co-proprietor? When you use the FGTS to acquire a property, regardless of whether along with someone else, you, the store’s assets, cannot be utilized once more. The estimation of the FGTS must be re-utilized if the proprietor sells the first property.

The limitation to utilize FGTS happens when the purchaser buys a property from a proprietor who has used the FGTS for under three years is to give as information the hour of procurement or to take care of the financing of the property you need to purchase. For instance, they utilized the FGTS to acquire a property and sell it a year later. If B needs to acquire that property, you cannot use your FGTS because A has utilized the store’s assets to buy similar property in a time of under three years.

Many people have a great plan of life, the acquisition of their own house. And no less! In this sense, the retained guarantee fund can be a great help in achieving this dream.  

However hard you work for it, the point is that saving enough money to make that cash purchase can be virtually impossible. Finding a budget bank loan is also not easy, a fact that causes many to remain stuck in rental contracts, disbursing high amounts for something that is not yours.

Fortunately, however, an alternative may be the missing push to make your plans viable: using the FGTS resources to buy a home! Giving up the Time-of-Service Guarantee Fund to help dream of buying your own home is a great option, which you can use to acquire a residence ready to invest in a building under construction, you know?

Understand what the Guarantee Fund is

First, it is good to understand what this resource is. The FGTS is of amounts deposited by employers in specific accounts. The piece, which is deposited monthly and corresponds to 8% of the salaries in sheet, is of the worker.

The Guarantee Fund is one of the most critical provisions in our labor legislation. Its function is to protect the professional in case of a resignation made at the company’s initiative. It is why, when a person gets fired from work, they are entitled to withdraw the existing balance from your FGTS account.

Therefore, one of the objectives of this benefit is to act as a reserve for the worker to safeguard him in cases of emergency. While deposited, resources are used by the government to finance initiatives in several areas, such as housing, urban infrastructure, and basic sanitation.

In addition to cases of dismissal, the law provides that the holder may use the amount deposited in an FGTS account in the following situations:

• for the purchase of the house itself.
• to build on own land.
• in situations of calamity in the place where he lives.
• diagnosis of serious diseases.
• After three years without working with a signed license

It is worth remembering that if the worker quits for just cause, he will not be entitled to take out the balance of the FGTS. As each work contract gives rise to a new account, the worker must check the balance and situation to know how much has accumulated in your Guarantee Fund.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

Cryptocurrency is a popular type of currency used for online transactions. It is based on blockchain technology or a chain of information controlled by multiple digital transactions not dependent on traditional central banks or financial institutions.

Blockchain technology has many technical details that you don’t need to understand. It provides layers of protection to online transactions done using cryptocurrency. The main advantage of cryptocurrency and blockchain technology is that it allows transactions to be done without a middleman.

This cutting of a third party in the transaction severely lowers or even eliminates fees third parties charge for using their payment platforms for transactions. Cryptocurrency functions within its network and cannot be purchased via banks or other traditional banking institutions.

Cryptocurrency is the credit card of today. Back when credit cards came on the scene, they were not widely accepted by banking and other financial institutions. Now they are more used than cash for purchases, especially in the form of a debit card.

Banks may accept and sell a cryptocurrency at some point, but for now, they don’t. However, these institutions follow its price, especially in the most popular cryptocurrency form, Bitcoin.

Cryptocurrency has a few reasons. It is an attractive choice of currency for online transactions. One of the main reasons people like using it is that you can own and use it anonymously, adding a protection layer. The drawback is that criminals who use it for purchases and transactions on the dark web can render the transactions anonymous using cryptocurrency. This anonymity can make it difficult to catch criminals through their payment.

Another reason people like using it is that it can appear to be an investment while being useful as a payment form. Because cryptocurrency value can increase with price explosions, you can purchase dollars without doing a thing but purchasing it and owning it during a price explosion.

However, you should not dedicate a large part of your portfolio to the purchase of cryptocurrency because it is not an investment with expected returns. It is only an “investment” if there is a price explosion (they don’t happen all the time) while you own it, and you have to spend it during the price explosion to reap the benefits. You can’t cash it out like a stock.  

Choosing Cryptocurrency

Choosing a type of cryptocurrency can be a challenge since there are hundreds of them. Not only that, but it seems more are coming online regularly. Many of these cryptocurrencies go as quickly as they come on the scene, which adds to the confusion when choosing one for yourself.

Bitcoin is currently (and for a long time standing) the number one cryptocurrency. Others come in a distant second and behind Bitcoin. This fact makes Bitcoin the most reliable cryptocurrency. It is so popular that its name has become synonymous with cryptocurrency, much like Kleenex’s name became synonymous with facial tissues. While Bitcoin is a reliable and stable cryptocurrency, some others have performed better, but it is chosen over those due to name recognition.

Where to Buy Cryptocurrency

Cryptocurrencies cannot be purchased through traditional banking and financial institutions. They have to be bought through cryptocurrency exchanges. These exchange platforms charge fees for both buying and selling of cryptocurrencies.

One platform called Robinhood disrupts the cryptocurrency market by charging no fees for the purchase of cryptocurrencies. You can also purchase cryptocurrency from other individuals holding them for a lesser fee.

Storing Cryptocurrency

The storage of cryptocurrency is done through a wallet. A cryptocurrency wallet is software that stores public and private keys that connect you to where the cryptocurrency exists through blockchain technology. Your cryptocurrency does not get stored in the wallet; only the keys give you access to your cryptocurrency. They’re called “keys” because they unlock your cryptocurrency on the blockchain.

In addition to enabling you to access your cryptocurrency, you can send and receive it through your digital wallet. It also provides a record of transactions stored on the blockchain and your current balance.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

Many people dream of being an author and having their work published. While there are still traditional ways to get your work published by submitting your manuscript to a publishing house and waiting for rejection or acceptance, the Internet has provided other options to get published.

In the last 20 years, eBooks have become more popular year over year. While many will still opt for curling up with a good book, flipping pages as you march through the story, avid readers love the option of downloading a book immediately and reading it on their various devices.

Therefore, as an aspiring author, creating and selling an eBook can offer you an option to get published quickly and independently. Here are five steps to create and sell your eBook and where to sell them.

1. The first step will be to write about what you know.  Dedicate a couple of hours a day until the project is finished. You will be amazed to know that there will always be people looking to know about it for any subject. 

For example, if you are a yoga teacher, know a lot about diets, are experts in archeology, etc., there will always be people interested in learning from you and listening to your advice.

2. The most important requirement here is to be constant, perseverant, and have the patience to write all your knowledge. Those who know a lot about a specific topic and would love to write a book to sell it on the Internet have trouble writing.

There is the option of looking for someone to do it. Today many people are dedicated to performing this service on the Web and do not charge too much.

3. The next step will be the creation of a Web page in which you can sell your book. Although this, to many people, is read a bit complicated initially, you should know that everything is getting easier with practice. First, you have to acquire a domain and hosting space on a server. 

The cost for this is minimal. Your investment will be around $80, and what you will receive in monthly earnings will be much more than that.

4. Finally, after creating the eBook and the website, the last step is to find people who wish to promote their book to sell it. One of the options is to register with Clickbank. This is an affiliate platform in which online sellers register to search for products and sell them on the Web.

This method does not guarantee that you will sell many books because it will depend on how many affiliates want to promote your book and how effectively they promote it.

5. Do you not want to deal with the creation of a website? Are you looking for a very simplified way to sell eBooks online? Do you not want to create a Web page? Suppose you want to dedicate yourself to writing your eBook and putting it on sale online on a platform where people are already going to buy. In that case, the ideal option for this is to create and publish electronic books on Kindle and sell them through Amazon. Later in the article, I explain how this option works.

Selling on Clickbank

When you put your book on sale through Clickbank, always offer the highest commission to affiliates, 75%. If you offer the highest payment, more books will sell. For example, if the product costs $80, $60 will be paid for the affiliate, and you will earn $20.

Never put filters that can truncate affiliate commissions, for example, other payment options (Western Union). No one wants to work hard to have their commissions removed. That’s something that many Clickbank sellers do, and obviously, they sell the least. So you do not do that. 

Always put yourself in the position of the one who is promoting your book and ask yourself if you would promote e-books or products that have commission filters on their sales pages. Of course, I would not do it.

Experienced marketers will look at these details before starting to promote any product. See which products are the most sold in Clickbank. You will see that they are the ones that do not have filters, the ones that pay the most, and those that do not have those annoying Opt-in and Pop-up in the sales pages. The content of your book has to be interesting too. 

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

Most people opt for convenience and use electronic transactions for banking. In addition, many opt to avoid brick-and-mortar banks and choose to use their online banking tools even with traditional banks. If you consider online banking, here are seven things to consider before giving up a traditional bank.

Higher Interest Gains

Because online banking institutions have a lower overhead to operate, they can benefit their users. One way they offer this advantage is through interest rates. Not only do they offer interest on balances on both checking and savings accounts, but the interest rates are higher than those carried on traditional bank accounts and only on savings accounts.

Most brick and mortar banks offer rates ranging from 0.10% to 0.50%. However, on average, looking at online checking and savings accounts, they offer higher rates of 0.9% to 1%. Though this difference is slight, it does add up big when you consider it is offered on both checking and savings accounts.

No Fees

For the same reasons, online banks can offer higher interest rates to offer lower to zero fees. Again, online banks are looking to attract your business, so their low overhead helps them use the savings to benefit (and attract) customers.

Online banks will also often cover ATM fees, regardless of where in the world you make withdrawals. However, double-check the coverage of ATM fees as some banks will only offer coverage on a certain amount of transactions per a specific period.

Convenience

Unlike brick-and-mortar banks, online banks are open 24/7; however, most traditional banks offer electronic banking options similar to online banking, making some transactions similar other than the possibility of fees.

Your bank is also available anywhere you have the internet or phone service using mobile apps, which means you can do banking transactions from anywhere in the world. The convenience and 24/7 access could be the most significant reason online banking is the way to go for someone on the move or at odd hours to do their banking.

Security

Many believe that banking online is less safe than in-person banking at a brick-and-mortar bank. However, online banks have a high security and site encryption level, ensuring that all online transactions are secure. Though this is the case, you should choose an online bank covered by FDIC like a brick and mortar. This will give the assurance that your money up to $250,000 is protected against any theft or fraud online.

No Cash Deposit

While online banks and even current traditional brick-and-mortar banks offer e-deposits for checks and direct deposits for paychecks, they are different: cash deposits. So if you are given cash that needs to be deposited, you will not be able to do that with an online bank at all.

The only choice you will have is to take the cash and purchase a money card to use it online, which will cost a fee. Or you can use the money to make purchases, which could be inconvenient if you are making online payments or purchases.

No Personalized Service

Some people, especially older bank customers, like the personal touch given when they do their banking in person at a traditional bank. At the same time, this is understandable and could be considered a con by some. But, generally, the convenience and low to no fees make up for this impersonal approach to banking.

Technological Issues

If you are not used to banking in the virtual environment, adjusting can take some time. Online banking website designers try to make navigation as easy as possible for their customers, but some customers may never get used to online banking. This could be compounded if your online banking institution changes the site or upgrades that change the features you are used to using.

Conclusion

There are definite pros and cons to online banking. Once you have considered all the options, you may opt to ditch traditional banking institutions and move to online banking. Use the information you learned here to decide if online banking is right for you.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

In financial planning, the main objective is to sustain our basic welfare by covering expenses and avoiding debt. Similarly, the best reference to measure profitability is basic welfare. Without this link to welfare maintenance, consumption, acquisition, or money placement is meaningless.

Therefore, it is necessary to know and isolate the cost of this basic welfare to estimate the projected surplus generated in a period. Of course, this gain will be affected by decisions and contingencies that occur during the period.

This information is relevant when considering an investment since the decision to convert liquidity into risk capital will be conditioned and directed based on the goal to maintain basic welfare. Therefore, this conditioning implies:

1. The coverage of the primary liquidity risk, including the availability of a contingency fund.
2. Attention, with the corresponding liquidity, of annual expenses that are not recurrent monthly – insurance, tuition, seasonal gifts, clothing, equipment, etc.
3. Consider that our active source of income – work, profession, or business – is not threatened immediately.

Only after having reviewed these risks are we ready to invest. If you have doubts about any of these points, it is preferable to postpone the decision to invest until resolving them. For example, suppose you are concerned that an investment may negatively impact a college fund. In that case, it is best to avoid investing until there is enough capital to risk without jeopardizing existing financial commitments.

Once we are confident an investment will not threaten basic welfare, we need to ensure that the investment will benefit our financial goals. This does not occur automatically, as it is easy to lose direction when making decisions about transactions that we make daily. When we see things from this perspective, we understand that a good investment does not necessarily imply maximizing the specific benefits. A good investment directs the effort towards achieving our life goals, whatever they may be.

Some additional questions we can ask ourselves to confirm an investment is suitable and timely for us are the following:

1. Will the investment help me achieve my life goals? Which objective will be met? How will it help me?
2. Does the investment imply costs or risks that will mean a burden for my active income? If that is the case, do I have the financial ability to face these costs without jeopardizing the sustainability of my basic well-being?
3. Does the investment correspond to my current life stage? Is it appropriate to invest at this time, or is it more convenient to do it at a later stage of my life? Does it correspond to a previous stage, and will it not be so easy to take advantage of its benefits?

As we consider these questions, let us review them in the context of a typical investment opportunity.

Suppose you decide to acquire a property because it is a reasonable price but depends on 100% of your active income to supply your basic needs. In that case, it will be the most expensive property you can purchase because it will bring more significant risk to your well-being. That is, the cost of the property is not just the sale price but also the financial toll it may take on your savings, current bills, and increasing debt. 

However, if you have met your financial obligations and decide to purchase the property, the purchase price is not as costly. Of course, it is always preferable to buy at a lower price, but it is much more important not to compromise or risk your future well-being to take advantage of an opportunity. The key to investing is the price and profitability comprised of decisions aimed at supporting well-being.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.