Not everyone knows about ten-year insurance. However, with the real estate crisis and the millions of homes built during the U.S. real estate bubble, the term has been gaining popularity.
Initially, when you are going to work on a project, what do you think first? As a wise contractor, you consider making a good profit and reducing the risk of losing money. A ten-year insurance policy is the best option to make your work highly profitable. Let’s see what it is and how you can leverage it.
What is Ten-Year Insurance?
Ten-year insurance guarantees the responsibilities of builders, developers, and architects of a building for material damage caused by defects that affect the stability or mechanical resistance of the building.
What Risks Does Ten-Year Insurance Cover
Ten-year insurance is backed by Law 38/1999, of November 5, on Building Planning. Its creation tried to solve those problems before the civil liability insurance partially remedied its publication that some professionals or promoters had.
For this, article 19 of the Law establishes three deadlines in which responsibilities can be demanded:
Damages compromise the building’s mechanical resistance and stability. Repairing damages caused by defects in the foundation, beams, and slabs, among other things, takes ten years.
Damages that do not comply with the habitability requirements: up to three years for defects in construction elements or facilities.
One year for defects that have occurred in the finishing or finishing elements of the work.
Mandatory ten-year insurance
The Law establishes its obligation for those buildings whose main destination is housing.
To make this obligation effective, it does not allow the inscription of the new work in the Property Registry, making it impossible for the developer to obtain mortgage financing or market the homes.
In 2002, a modification was made stating that it would not be enforceable if a single-family home were for the developer’s enjoyment.
However, the problem arises that the house can be transferred to an unprotected third party before ten years. Therefore, the Law obliges the self-motor-seller to contract a guarantee for the remaining time until the ten years are completed.
Need for a Technical Control Office
The Technical Control Offices (OCT) are engineering and architecture companies whose mission is to control the quality of the product, execute the materials of the building process, and apply the regulations. In short, the OCTs review and report on both the documents of the work to ensure that what is being done is done according to the required quality.
The OCT supports the insurance company issuing the ten-year insurance since most insurers only admit risks if an OCT supervises the work.
However, there is also the possibility of contracting ten-year insurance without OCT if the building is finished, with very few insurance companies willing to assume these risks and demanding very high premiums.
Essential Facts About Builder’s Risk Insurance
It refers to construction insurance. It helps you when you cover all your construction projects during construction.
It is a specialized part of property insurance that covers the structure during a property construction or remodel project when homeowners’ policies will not work.
It covers all the materials and supplies you need to finish your construction project. They don’t pay from their pocket if the builder’s material is damaged due to flood, fire, or high winds.
You can avail of this policy unless you finish your construction projects, whether the duration is up to three months, six months, or one year. An insurance policy will benefit you if the completion of your project takes longer.
A builder’s risk insurance policy provides comprehensive coverage that protects you from intentional acts, specific inclusions, and short fraud.
It also covers your temporary structures, and you don’t need to pay for the damage to your scaffolding or constructor forms.
This policy will cover the expense of others’ damage during construction. For example, if lightning ruins anything in your neighbor’s house or spreads fire to your project during construction, the builder’s risk insurance policy will give full coverage.
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.
Investing in real estate funds in the United States has increasingly become a preferred option for both seasoned and novice investors. This strategy offers a unique blend of benefits. Such benefits include the possibility for high returns, portfolio diversification, and the opportunity to invest in top properties without the direct hassles of property management. In this comprehensive look at real estate funds and their advantages, we will explore the reasons behind their popularity and provide factual support to highlight their potential.
Accessibility to Premium Real Estate
One of the significant benefits is the access it grants to premium real estate assets. Due to high entry costs, individual investors might need help to invest directly in high-value commercial properties or upscale residential complexes. Real estate funds pool resources from numerous investors, enabling participation in markets that would otherwise be out of reach. According to the National Council of Real Estate Investment Fiduciaries (NCREIF), commercial real estate has delivered an average annual return of around 9.85% over the last decade, showcasing the lucrative nature of premium real estate investments.
Diversification
Diversification is a cornerstone of investment strategy, known to reduce risk without significantly diminishing returns. Real estate funds are an excellent way to diversify a portfolio beyond mere stocks and bonds. Real estate assets are generally uncorrelated with traditional financial markets, providing a strong hedge against stock market volatility. The diversification advantage is critical; as per a report by the Urban Land Institute, real estate has shown less price volatility over long periods compared to equities and bonds, enhancing portfolio stability.
Potential for High Returns
Real estate funds can offer impressive returns through appreciation in property values and rental income. This dual-earning potential sets real estate apart from other investment classes. Fund managers leverage their market knowledge and expertise to select properties with high growth prospects, driving up fund value over time. Data from the NCREIF shows that the total annual returns on real estate investments have outpaced inflation by a comfortable margin over the last several decades, highlighting the sector’s ability to deliver robust returns.
Professional Management
Investing through real estate funds affords investors professional management of their investments. This means individuals do not have to deal with the everyday hassles of property management, such as maintenance, tenant issues, and legal paperwork. Fund managers are seasoned professionals who conduct thorough market analysis, due diligence, and strategic asset management to optimize returns. This level of professional oversight ensures that investments are well-maintained and positioned for growth, offering peace of mind to investors.
Income from Rents
Aside from appreciation, real estate funds generate regular income from rents. This source of income can offer a reliable cash flow to investors, making it an appealing option for those interested in generating passive income. According to the U.S. Census Bureau, rental vacancy rates have been decreasing over the past decade, while rental prices have been on an upward trend, indicating a strong rental market. This trend signifies the potential for consistent and growing income from real estate fund investments.
Tax Advantages
Investing in real estate funds can also offer certain tax benefits. These may include deductions for depreciation, mortgage interest, and certain property-related expenses, which can significantly reduce the taxable income attributed to the investment. Furthermore, real estate funds structured as Real Estate Investment Trusts (REITs) have the obligation to distribute a minimum of 90% of their taxable income to investors in the form of dividends. These dividends have the potential to be taxed at a lower rate than ordinary income, depending on the specific tax situation of the investor.
Conclusion
The advantages of investing in real estate funds in the U.S. are compelling and multifaceted. Access to premium real estate, diversification benefits, potential for high returns, professional management, steady income from rents, and various tax advantages make these funds an attractive investment option. With proper due diligence and strategic selection, real estate funds can be a valuable addition to one’s investment portfolio, providing both growth potential and income stability. Prospective investors should conduct thorough research or consult with financial advisors to align investments with their financial goals and risk tolerance.
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.
The relationship between an entrepreneur and his accountant is like that between a doctor and his patient. However, entrepreneurs often neglect the management and control of their income and expenses, especially those who are just starting out.
As an entrepreneur, you should not be doing your business’s finances alone. If you have already decided to hire an accountant, you surely have some questions, such as: How do I ensure it will respond to my needs? What services and documents do you have to give me? And what will be my final responsibility?
Here, we present a guide on managing a relationship with an accountant.
Hire an Experienced Freelancer
There are specific, precise requirements that your candidate must meet to guarantee their services:
In addition to being a certified accountant, the accountant must have certifications from the professional association Association of Certified Chartered Accountants. This allows the accountant to verify that the information is up to date, which is essential due to the continuous tax changes that occur.
Among the best sources for hiring is the famous “word of mouth,” that is, the recommendation of a person you trust. Ask him for data that reveals his expertise in the matter, such as growth figures for your market, which tax figure is best for you according to your activity, etc. You can also ask him if he does audits.
Seal the Relationship with a Contract
Once the professional is chosen, a service provision contract must be signed. They must offer you, at minimum, to keep your company’s accounting record and calculate your tax obligations. This includes updating you on changes in tax matters and supporting you in the event of any requirement from the Treasury.
It is Customary to Keep Vouchers
Payment of taxes will be made using the financial information your business provides. So, you must have control over it. The basic documents to deliver to your accountant are invoices, receipts, and all proof of income and expenses, in order and by month.
As a client, you need to receive a list of the state of the company’s financial records (business income and expenses) plus a record of the tax payments made by the accountant and their respective vouchers (certified by the corresponding authority). Among the taxes you will have to pay, depending on your activity, are:
Income Tax (IRS): contribution to be made for the perception of income as a natural and legal person, following the Income Tax Law. It is paid once a month, and to calculate it, you must add all the invoicing that the client has issued.
Value Added Tax (VAT): an indirect tax applied to the goods and services produced or marketed by the company. It is also paid once a month and is calculated based on a ratio of everything that was charged.
Single-Rate Business Tax: This tax applies to individuals and companies and is also taxed on profits. You will only receive the first one if your ISR is higher than the IETU.
It carries a periodicity. As an entrepreneur, you should demand these papers every month, not every time you remember.
Those documents prove that you fulfilled the tax obligations, and it must be remembered that in the event of any problem, the Ministry of Finance and Public Credit seeks and penalizes the businessman, not the accountant. For this reason, the entrepreneur must understand that although he delegates the accounting of the business to a professional, he is the one who ensures that all the papers and payments are in order.
Get Informed
There are some items you can deduct for the payment of taxes, such as the purchase of goods related to your business activity. Regarding invoices (tax receipt for the delivery of a product or service) and expenses, it is essential to consult your accountant about any questions so that he will keep a more accurate financial relationship with your company.
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 arbitrage exploits price differences of the same digital asset across multiple exchanges, allowing traders to buy low on one platform and sell high on another for guaranteed profits. This market-neutral trading strategy capitalizes on inefficiencies between the 370+ global cryptocurrency exchanges, where identical assets can trade at different prices simultaneously due to varying liquidity, regional demand, and technical limitations.
I’ve watched the cryptocurrency landscape transform dramatically over my 20 years leading Complete Controller. When Bitcoin first crossed my desk as a client’s accounting challenge in 2013, arbitrage opportunities were abundant—spreads of 5-10% were common, and manual trading could generate substantial profits. Today’s market tells a different story. Profit margins have compressed to 0.1-2%, automation dominates the field, and success demands sophisticated systems backed by serious capital. Yet for businesses willing to approach arbitrage systematically, consistent profits remain achievable. This guide breaks down exactly how modern cryptocurrency arbitrage works, which strategies deliver results, and the infrastructure you need to build a profitable operation.
What is cryptocurrency arbitrage, and how can you profit from it?
Cryptocurrency arbitrage exploits price differences of identical digital assets across different exchanges for risk-free profits
Modern arbitrage requires automation, substantial capital ($50,000+ for meaningful returns), and sophisticated risk management
Primary strategies include spatial (cross-exchange), triangular, statistical, and decentralized exchange arbitrage
Current market conditions offer 0.1-2% spreads compared to 5-10% in crypto’s early days
Success depends on speed of execution, fee optimization, and understanding regulatory implications
Understanding the Fundamentals of Cryptocurrency Arbitrage
Cryptocurrency arbitrage operates on price discovery inefficiencies across fragmented markets. Traditional financial markets maintain price uniformity through institutional market makers, but cryptocurrency’s decentralized ecosystem creates exploitable gaps. These inefficiencies stem from varying liquidity pools, regional demand differences, regulatory environments, and technical limitations across trading platforms.
The basic arbitrage process involves simultaneously buying an asset at a lower price on one exchange and selling it at a higher price on another. Practical implementation demands sophisticated coordination across multiple platforms, real-time market monitoring, and lightning-fast execution. MIT researchers calculated that during cryptocurrency’s explosive growth from December 2017 to February 2018, daily arbitrage profits often exceeded $75 million, with total potential profits reaching $2 billion during this brief window.
Modern cryptocurrency arbitrage demands significant capital deployment. With spreads averaging 0.1-2% in 2025, traders need substantial position sizes to generate meaningful profits after accounting for fees and slippage. Most successful arbitrageurs operate with a minimum working capital of $100,000, though profitable operations can start with $25,000-50,000 for focused strategies.
Essential Types of Cryptocurrency Arbitrage Strategies
The cryptocurrency arbitrage ecosystem offers distinct approaches, each with unique risk profiles and profit potential. Understanding these strategies helps traders select methods aligned with their resources and capabilities.
Spatial arbitrage purchases cryptocurrency on one exchange at a lower price while simultaneously selling on another at a higher price. This straightforward approach capitalizes on price differences between trading platforms caused by varying liquidity and user demand. Daily Bitcoin price differences of $50-200 occur regularly across exchanges, creating consistent opportunities for prepared traders.
The ‘Kimchi Premium’ phenomenon demonstrates spatial arbitrage at its extreme. Bitcoin and other cryptocurrencies consistently trade 15-40% higher in South Korea due to strict capital controls. During peak periods from December 2017 to February 2018, average price differences between the US and Korean markets exceeded 15% daily, reaching 40% on several occasions.
Triangular arbitrage: Currency conversion cycles
Triangular arbitrage exploits pricing discrepancies between three trading pairs within a single exchange. Traders cycle through multiple currencies and end up with more of their original asset. This strategy eliminates transfer delays and fees associated with moving assets between exchanges while capitalizing on temporary pricing inefficiencies.
Statistical arbitrage employs mathematical models and machine learning algorithms to identify temporary price divergences between historically correlated cryptocurrency pairs. This quantitative approach requires sophisticated modeling capabilities but offers opportunities where simple price discrepancies have been eliminated by competition.
Advanced Tools and Technology for Arbitrage Success
Modern arbitrage demands sophisticated technological infrastructure to compete against institutional traders and high-frequency trading systems. Over 65% of individual retail traders now use automation to some degree, while institutional investors have automated up to 99% of their operations.
Professional arbitrage operations rely on comprehensive scanning systems that monitor hundreds of trading pairs across dozens of exchanges simultaneously. Leading platforms like ArbitrageScanner track over 50 centralized exchanges and 25 decentralized exchanges across 40 blockchains, providing real-time alerts when profitable opportunities emerge.
Manual arbitrage execution has become obsolete due to speed requirements. Successful arbitrageurs deploy sophisticated trading bots capable of executing complex multi-leg strategies within milliseconds. Popular platforms include:
Cryptohopper: User-friendly interface with pre-built strategies
3Commas: Advanced portfolio management and bot marketplace
HaasOnline: Professional-grade customization for experienced traders
Custom Solutions: API-based systems for maximum control and speed
Building Your Cryptocurrency Arbitrage Operation
Establishing a successful arbitrage operation requires systematic planning and disciplined execution. Mike, a retail arbitrage trader, successfully grew his portfolio from $25,000 to $38,000 in 10 months using automated multi-exchange arbitrage. His system executed trades when price spreads exceeded 1.5% after fees, generating profits in 9 out of 10 months with average monthly gains of 4.2%.
Capital allocation framework
Successful operations implement strict capital allocation rules:
Limit exposure to any single exchange to 20% of total capital
Restrict individual arbitrage opportunities to 5% of working capital
Maintain 30% liquidity reserves for rapid opportunity capture
Diversify across multiple arbitrage strategies
Risk management essentials
Cryptocurrency exchanges pose significant counterparty risks. The collapse of FTX, Celsius, and numerous smaller platforms demonstrates the importance of distributing capital across multiple venues. Additional risks include:
Execution delays that allow prices to converge before trade completion
Network congestion is increasing transaction fees beyond profitable levels
Regulatory changes affecting fund access or trading permissions
Technical failures disrupting automated systems
Final Thoughts
Cryptocurrency arbitrage in 2025 represents a mature, competitive landscape where success requires substantial capital, sophisticated technology, and disciplined risk management. While spectacular profit opportunities have largely disappeared, systematic arbitrageurs still extract consistent returns from market inefficiencies.
My experience guiding businesses through financial transformations has shown me that arbitrage works best as part of a diversified strategy rather than a standalone solution. The traders who thrive combine technical sophistication with business discipline, continuously adapting as markets evolve.
For businesses considering cryptocurrency arbitrage within their treasury management or investment strategies, professional guidance makes the difference between success and costly mistakes. Contact the experts at Complete Controller to learn how we help companies navigate cryptocurrency trading complexities while maintaining proper financial controls and regulatory compliance.
Frequently Asked Questions About Cryptocurrency Arbitrage
What is cryptocurrency arbitrage, and how does it work?
Cryptocurrency arbitrage is a trading strategy that exploits price differences of the same digital asset across different exchanges. Traders buy the asset at a lower price on one platform and sell it at a higher price on another, capturing the spread as profit.
How much money do you need to start cryptocurrency arbitrage?
While arbitrage can technically start with any amount, meaningful profits require substantial capital. Most successful arbitrageurs operate witha minimum working capital of $50,000-100,000, as current market spreads of 0.1-2% demand large position sizes to generate worthwhile returns after fees.
Is cryptocurrency arbitrage still profitable in 2025?
Yes, but profitability has decreased significantly from earlier years. Where spreads of 5-10% were common in 2017-2018, current opportunities typically range from 0.1-2%. Success requires sophisticated automation, substantial capital, and disciplined risk management.
What are the main risks of cryptocurrency arbitrage?
Primary risks include execution delays that eliminate profit opportunities, exchange failures that trap funds, network congestion that increases fees, regulatory changes, and technical failures that disrupt trading operations. Proper risk management involves capital diversification and comprehensive contingency planning.
Do I need special software or bots for cryptocurrency arbitrage?
Manual arbitrage is largely obsolete due to speed requirements. Successful operations require automated scanning systems and trading bots capable of executing trades within milliseconds. Popular platforms include ArbitrageScanner, Cryptohopper, and 3Commas, though advanced traders often develop custom solutions.
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.
Jennifer BrazerFounder/CEO
Jennifer is the author of From Cubicle to Cloud and Founder/CEO of Complete Controller, a pioneering financial services firm that helps entrepreneurs break free of traditional constraints and scale their businesses to new heights.
Brittany McMillen is a seasoned Marketing Manager with a sharp eye for strategy and storytelling. With a background in digital marketing, brand development, and customer engagement, she brings a results-driven mindset to every project. Brittany specializes in crafting compelling content and optimizing user experiences that convert. When she’s not reviewing content, she’s exploring the latest marketing trends or championing small business success.
Strategic management plays a significant role in improving business performance and marketing strategy in the competitive marketplace. On the other hand, effective strategic management will assist the organizations in achieving their sustainable financial position in the market; however, it also leads them towards achieving higher market share in the competitive marketplace. The ABB management team wants to offer those services to the customers by making Dubai a center of leadership and a power service provider that never compromises the quality and comfort of its customers in any situation. Strategic management practices assist the organization in evaluating its internal and external environment, which further aids them in adopting those business strategies that lead them toward the successive level and motivate them to achieve a higher level of sustainability and productivity in the highly competitive marketplace.
Effective strategic management practices have a positive role in improving the company’s marketing strategies as they help the management team understand the external environmental challenges in the organization through analysis of the threats and opportunities that are motivational and effective for them in growing their business practices all over the world. Therefore, effective strategic management practices enable the firm to upgrade those strategies in the firm that help them provide high-quality services in the market that, in the future, will allow them to achieve those goals that are leading the company towards the achievement of higher success over its competitors.
Company Background of Asea Brown Boveri (ABB)
ABB operates in the digital or electronic business. Nevertheless, it likewise has several additional subordinate companies. Asea Brown Boveri is considered one of the largest power engineering firms that assists consumers in actively utilizing electrical power and effectively enhancing firm sustainability and productivity. The company serves water, gas, and electronic utilities, commercial and industrial customers, and a broad range of goods, services, and schemes for electricity plant automation, distribution, and transmission.
On the other hand, ABB offers an automation scheme for control, measurement, plant optimization, and motion to a wide variety of businesses. Previous research has revealed that the company utilizes the growth strategy to expand and improve its sales and productivity
levels. The earlier studies have also revealed that the company has taken several steps to remain competitive in the market. They have also adopted several market strategies to promote their organizational services all over the world.
Role of the Management Team
The management team plays a significant role in improving business practices all over the world. The number of strategic factors they adopted to bring positive change in the organizational practices of the company. These factors are explained below:
Innovation in technology
The management team mostly emphasizes innovation in their technological practices, which enables them to reduce the cost of manufacturing and product waste.
More global destinations to leverage
The management team emphasizes opportunities that provide them with continual expansion opportunities for both business destinations and leisure.
Use technology to enhance the facilities
The management team emphasized improving the services by using the technological factors that further enable them to increase revenue and fulfill customers’ needs.
Focus on diversified strategies
The company puts more emphasis on establishing a differentiated position in the market. Therefore, the management team of ABB usually focuses on diversification strategies that enable them to place their diverse position in the market; however, they also target many customers by providing valuable and cost-effective services in the market.
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 you look back, the history of marketing began a few decades ago. In contact with new digital technologies, the process crossed a milestone over time to reach a new dimension. Today, we are talking about digital marketing in all meeting rooms.
Digital marketing is everywhere. It exploded two decades ago due to the growing need for companies to meet customer demand. This means an increasingly demanding clientele whose satisfaction necessarily requires a tailor-made approach.
Indeed, the terms digital point of sale or even order terminal are now common expressions. However, many people remain unaware of the very definition of digital marketing and its challenges. The rest of this article will lift the veil on this activity firmly established in business strategy.
Marketing was already an important part of ambitious companies’ public relations strategies in the 1980s. It enabled modern structures to position themselves in the face of competition and stand out.
Thanks to the discovery of new technologies and digital transformation, marketing impact increased two decades ago. A real performance catalyst, the promotion term, and the sales process are given an excellent atmosphere.
However, setting up a good digital marketing or web project policy is far from a formality. In this competitive environment, you must choose your weapons carefully. Here are the main tools for digital marketing.
Objectives of Digital Marketing
Over time, marketing has developed many techniques and especially many tools worldwide. However, to understand the impact of these digital tools, it is necessary to define digital marketing objectives.
Companies, disciplines, and marketing players seek to strengthen the relationship with the client. To do this, the strategy must imperatively:
Increase growth: the impact of growth hacking
A marketing strategy aims to increase a company’s growth in all these areas. Digital marketing through growth hacking propels the company’s development of services and products.
Develop Traffic to Websites
Visibility is essential for a successful classic or digital marketing strategy. This search for notoriety involves highlighting companies’ websites. Indeed, brands gain leads on the web through natural referencing on search engines.
Encourage Website Visitors to Buy Products
All companies want to expand their customer portfolio. To do this, they must convince the target of the products’ relevance. E-marketing campaigns achieve this goal by influencing visitors to their websites.
Influencing Internet Users
The digital transformation of marketing also aims to shape the behavior of future customers. In addition to websites, social networks are great tools for awareness and persuasion. Companies create groups or communities to guide customers’ future needs.
To Win the Loyalty of Customers
The seller-customer relationship is based on trust. The company reassures its target by boosting its brand image on websites, social networks, and emails. Consequently, the customer will carry out his purchases confidently and be pushed to repeat his act.
Organic Traffic Capacities
Organic traffic is the natural traffic of visitors and existing digital platform clients. It is free and different from paid traffic. Businesses are aiming to increase organic traffic to get 1st rank on SERPs (search engine page results). They try to achieve this goal by continuously implementing search engine optimization (SEO). Remember, your thoughts are wrong if you think SEO practice for web ranking will give you an ideal result within a month. White Hat SEO (a legitimate way of doing SEO) takes at least one year to deliver results.
You can achieve all the objectives mentioned above by making remarkable changes to your website. The variations must be effective at improving rankings. Do not forget to add the fittest keyword in your web content, as it is a necessary practice for first rank on SERPs. Building quality links to your website is one of the vital tactics that point to your business website in the digital world.
As an objective of organic traffic for digital platforms, you can receive around 20,000 web visitors in a month from Google and Bing.
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.
While many retailers report a drop in sales due to the coronavirus quarantine, the home improvement industry is expanding. In the first quarter of 2019, Home Depot visits were down only 0.5%, while Low’s visits were up 9.1% over the same period last year. It might also be National Home Improvement Month, as if quarantine boredom wasn’t enough to cause you to dust out the drill you keep in your garage. Isn’t that fortunate? You also don’t have to spend a lot of money or go through the trouble of gutting your entire kitchen. (Though if you’re into that sort of thing, we have a roundup of kitchen inspections.) DIY projects can be simple (just paint or tile) and cheap!
According to Richard Reyna, head of product education at the company, you can complete a kitchen update over a long weekend, costing hundreds of dollars rather than tens of thousands. Parade, according to TOOLSiD.com. Do you have shabby kitchen cabinets? Consider repainting only the doors rather than replacing them entirely. It might be as simple as a fresh coat of paint or as complicated as stripping, stripping, and repainting. Alternatively, the cabinets may merely require new doorknobs and handles. They come in several colors and styles, and most of them can be installed with just a screwdriver or wrench.
The kitchen isn’t the only place where you may save money on home improvements. Paint your front door to match the rest of your home’s external decor, whether it’s flowers, furnishings, or other colors. Reyna suggests adding flowers to the mix if you’re looking for a quick DIY refresher.
Reyna says flower boxes are a terrific way to add a multi-dimensional accent. Paint wooden boxes with high-quality exterior paint. Plastic boxes are more durable, but they aren’t as appealing. In any event, a liner will help keep the dirt contained.Plant flowers (annual plants are ideal because they can be changed each season) and use solid brackets to keep the flower boxes out of the way of the windows.
Use a sponge to draw a pattern on the wall. Paint the fireplace around.
Arrange Picture Frames to Create a Gallery Wall of DIY Shelves.
Hang a tobacco basket.
Make a homemade couch.
Paint a mural in the bedroom.
DIY Doodle Chalk Wallpaper.
DIY artificial brick wall.
Draw your pattern on the wall.
Update your plumbing.
You probably suffered sticker shock when perusing carpets when you first hit the road on your own, eager to furnish your home with everything you need. They can be pretty expensive for something so important in any design strategy. Many sites, however, are currently giving discounts in honor of spring cleaning and in response to the reality that many people are stuck at home. So now you have a variety of jobs to complete in your spare time to make it more useful and enhance your home’s condition on a budget, so spend less and be creative. Consider purchasing a bright and fun accent rug to liven up your area and your mood.
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 budgeting a household, there are many expenses to consider. If you are operating within a budget, you might consider cutting costs that you may want to reconsider. Often, because it is not a legal obligation to carry it, people will cut home liability insurance with the idea that it is not a necessary expense.
While no one is obliged to carry home liability insurance, it is a highly recommended policy because of any unforeseen event that causes damage to a third party. This damage could include a fall while on the property due to conditions or many other issues that can occur while someone is visiting your home.
The costs of one third-party issue at your home could completely wipe out the homeowner financially if not covered. Here is everything you need to know about home liability insurance.
What Does Home Liability Insurance Cover for the Home?
Home liability means the homeowner is responsible for all damages to anyone visiting the home. This responsibility is indirect because even if it were not the owner who caused the damage, they would be ultimately responsible to whom it is claimed. If the house is for rent, the person in charge is the tenant.
Family Responsibility
Home liability insurance protects the user from any real estate and family responsibility that they may have to face. This means that by having this active policy, you are protected against all the damage that your home causes others and, in turn, those that may cause the inhabitants of it.
In the case of home liability, this insurance covers any accident that causes damages to a third party derived from the use of the dwelling. It responds to any consequence generated by the continent or content of the house: housing itself and everything in it.
An example of this possibility is that a tile is removed from our terrace and causes damage to a vehicle or a passerby. In this case, it would be about the continent and the house itself, and this policy would cover this particular event.
Another possibility is that a poorly anchored lamp causes damage to a visit by being rushed over. In this case, we would be talking about a fact derived from the contents of the house, an example that this type of insurance would also cover.
Home liability insurance generally covers the following aspects:
The damages caused by the use of the house and those caused by the common elements of the building where it is located.
All those events arise from maintenance work and repairs that are running at home. In this case, you should always have the appropriate permits to carry out the work.
If the tenant of the dwelling contracts this insurance, the policy covers its liability to the owner when an accident occurs accidentally.
It is possible that it also includes the employer’s liability if trained personnel are hired, applicable if the event to be covered is given. At the same time, the affected person performs his duties. However, it should be noted that not all insurers attend to this possibility.
The damages you cause as long as professional actions do not derive them. In this case, domestic service is usually included as well.
Owning a domestic animal and those who live in the house with the insured, the insurance responds to the damage that may occur. However, it has a restriction regarding pets, covering only dogs, cats, birds, caged rodents, fish, and turtles. In the case of dogs, this possibility is accepted if they are a race of the so-called Potentially Hazardous.
If food poisoning is caused to third parties, except if they have had to pay for food.
All those damages are caused by water due to leaks, pipes bursting, breakage, or other similar involuntary events.
Deterioration caused by an explosion or fire.
You can also cover the legal costs derived from defining the beneficiaries’ civil liability.
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.
If you want to buy a home, you can arrange financing in various ways, and you can also combine these methods.
Equity
If you have already built up a certain amount of capital yourself, you can choose to use part of your money to purchase your home. Whether this is more advantageous depends on the situation.
Benefits
You have less debt and pay less interest on your loan.
You run less risk of residual debt when you sell your home.
You do not pay wealth tax on the surplus value of your owner-occupied home, but you do pay wealth tax on your savings above a certain amount (everyone pays wealth tax above $50,000 (2021) / $50,650 (2022). You are a tax partner, an amount of $100,000 (2021) / $101,300 (2022). The amount depends on your assets.
Cons
When you sell your home, you have a higher equity value, which can have tax consequences when buying another home.
You can no longer use the money invested in your house for other purposes and unforeseen expenses.
Pay attention!
It is not easy to say whether or not investing your own money is more advantageous; this depends on your situation and the circumstances. What is the mortgage and interest amount, your taxable income, and what good do you receive from your savings? How do tax advantages and disadvantages outweigh each other?
Donation
Parents may donate $106,671 (2022) to their (foster) child between the ages of 18 and 40. This donation must be used to purchase, improve, or maintain the owner-occupied home or repay the house acquisition debt.
Benefits
You pay no gift tax.
The one-off exemption applies per donor and not per recipient. As a recipient, you can, therefore, receive a gift from several donors. Note: This does not apply to divorced parents. Their donation is based on parentage and is added together.
Cons
It would be best if you recorded the donation yourself. If you do not do this, it can cause problems after, for example, the end of your relationship. As a result, you can lose half of the donation. Therefore, recording what everyone contributes to the house purchase is wise.
Pay attention!
You may only use it for the amount you donate:
Buying or renovating your own home
Paying off a home acquisition debt
The costs of improving and maintaining your own home
The commutation of the ground rent for an owner-occupied home
Paying off the residual debt of the sold owner-occupied home
You must file a gift tax return. You will then receive a zero assessment because you have an exemption.
When (partially) paying off your mortgage, consider that you pay any penalty interest that lenders sometimes charge. Check whether this is the case or whether it is possible to repay a specific part at least once a year without penalty.
Mortgage Through Third Parties
You can also take out (part of) your mortgage with a third party; this usually happens with a family member.
Benefits
Together, you can determine the amount to be borrowed (within the maximum mortgage you can take out).
You can determine the interest and repayment to be borrowed together (fitting within the tax bandwidth).
You can determine the term together, with a maximum of 30 years.
Cons
Without advice, you risk a mortgage that is too high and does not meet the CHF standard (a standard intended to ensure that people borrow responsibly).
The mortgage lender cannot spend the money on other things.
Pay attention!
The interest rate of a family mortgage must be comparable to the market interest rate for mortgages with the same term and similar conditions.
The borrower’s monthly expenses must be in balance with income.
Put the agreement in writing.
Think about what happens in the event of the death of the mortgage lender or borrower.
Mortgage Through Bank
You can also borrow (part of) the money from the bank. There are two mortgage types that you can choose: an annuity mortgage or a linear mortgage.
Annuity Mortgage
You pay the exact gross monthly costs (interest + repayment) with an annuity mortgage. Initially, this is mainly interest and only a tiny part of repayment. Over time, the interest portion becomes smaller and smaller, and you pay off faster and faster.
Benefits
After the 30-year term, you no longer have any debt.
You have a tax advantage, which means deducting the interest you pay on your mortgage.
Due to the tax advantage, you start with low net monthly costs.
Cons
Your net monthly payments keep increasing over time because you pay a lot of interest in the beginning and pay little off, and in the end, you pay little interest and pay off a lot. As a result, your tax benefit decreases during the term.
Linear Mortgage
With a linear mortgage, you balance the same amount every month. Your gross monthly costs (interest + repayment) are higher initially. Over time, your monthly payments decrease because you pay less and less interest.
Benefits
Your net monthly costs decrease over the years because you pay less and less interest and will no longer make repayments.
After the 30-year term, you no longer have any debt.
You have a tax advantage, which means deducting the interest you pay on your mortgage.
Cons
In the beginning, your monthly payments are higher
In addition to the repayment amount, you pay monthly interest. The monthly interest (and the residual debt) decreases with the repayments, so your tax advantage decreases over time.
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.
Embarking on a vacation and completely disconnecting can be a challenge for many. With the increasing difficulty of escaping work-related responsibilities, finding a way to detach and enjoy uninterrupted leisure time becomes a powerful goal.
According to the consultant specializing in mindfulness, “Mind and Life,” disconnecting is much easier if we know how. If we have an adequate strategy, we will not need too long of a holiday. To achieve this, we propose the following tips.
Anticipate your work if you have emails waiting to be answered and jobs to deliver projects to complete. Do it before you go on vacation, or they will chase you. The best option to enjoy your disconnected vacation is to anticipate your work. This way, you can show your loyalty and working responsibility to your company. Also, you will have a holiday without any intervention.
Define Internet Access
In a hyperconnected era, it is vital to disconnect from work routines on vacation. Connecting to the Internet can mean receiving emails and job news. However, social networks or online news consultations are used every day. Decide what you can see and what you cannot before you start your vacation.
Set Limits
If you know that it will be impossible not to check your email or not to verify that everything at work is good, establish a window of time for your clients or colleagues that will allow you once a day to make your work queries. Set a limit before going on vacation, and do not exceed it.
Activate the Automatic Email Response
With access to email on mobile, it is not easy to justify not answering emails. For this reason, it is instrumental in activating the automatic answering mode “Out of the office for Holidays.” So, the people who write will know that you cannot answer.
Define What is Urgent
Make it clear to everyone what tasks they should handle during an emergency and what can wait. Try to minimize unexpected calls for issues that are not urgent. If something can be postponed, then why not your professional work? Taking time to be alone and disconnecting from others is important for maintaining high work quality.
Save Your Vacation Information Separately from Work
Avoid checking your email to access the documentation of your holidays, such as tickets and reservations. This will keep you from being tempted to open the work email. You can forward all emails related to the trip to a different and personal email account.
Use the “Do Not Disturb” Function of Your Smartphone
Try configuring who can call you, write, or ring a notification. Phone options allow you to establish a wall regarding calls or unwanted messages on vacation. In this way, you will be in complete isolation and have your ‘Me’ time with a peaceful feeling.
Do Not Take Your Work Computer
In a time when mobility allows you to go with your laptop or tablet everywhere, try to leave them at home for a vacation. Companies let their employee take their laptops home; initially, people feel magnificent pleasure for this achievement. They realize later that they do not know what trouble they are getting in. In one sense, companies purchase their worker given this facility.
The Technique vs. Outside
If you have no choice but to be connected to work, you can propose to answer emails when you are in the hotel or apartment but disconnect your mail when you leave this. Give a proper application or email your employer for a peaceful and disconnected vacation. Isolate yourself from any excuse that distracts your attention.
Stepped Return
The return of vacations usually brings professional chaos. Do not schedule too many meetings. Try to take a step back to the tasks of the day today. It will reduce the emotional impact that always returns on vacation.
We are living in a world where the digital world is our breath. It is a fact that disconnects us from our relations and demands our attention. It builds anxiety, so we must arrange an independent vacation.
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.
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.
