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Company Corporate Culture - Complete Controller

A positive corporate culture is essential to the success of any company, large or small. While there are many factors in creating an excellent corporate culture, some elements are consistently found in all companies with a positive corporate culture. To ensure your company has a positive corporate culture, there are four key components on which to focus. Check out America's Best Bookkeepers

Vision

A positive corporate culture is first built on the company’s vision. The vision is laid out in a company’s mission statement. This statement will lay out the company’s goals and should be on the mind of every employee from CEO to receptionist. If every employee knows the company’s mission, it will promote confidence and understanding of what the overall goals are to help guide individual goals. This will be something you need to ensure is instilled in your employees through evaluations and conversations. The top of the pyramid of importance is the vision of the company so that everyone is striving towards the mission of the company every day. Check out America's Best Bookkeepers

Values

A company’s values are the core of its culture. While a vision is a company’s mission, values are guidelines on the mindset and behaviors necessary to achieve company goals.  Values communicate to everyone in the company how it treats employees and co-workers, serves clients, and upholds professional standards. The company’s values are based not only on the vision but also on the authenticity of the values presented. The values of a company can differ from the values of the individuals within the company. While you would encourage each person to be themselves, you need to make it clear that within the corporate culture of your company, while at work, everyone is expected to uphold the company values.

Practices

Company practices are how vision and values are put into use. If your company has a compelling vision statement and clearly defined values, if there is no action behind them, the corporate culture will be negative and cause a company to suffer or possibly fail. Whatever the vision and values are, they should be reflected in the policies and operations of the company. Vision and values mean nothing if they are not expressed through action set forth through company expectations of each position and the person holding it. Check out America's Best Bookkeepers

People

No company can have a positive corporate culture without people sharing the vision and values. The shared vision and values should be part of the recruiting and hiring process. To ensure the company’s corporate culture is positive, all new or seasoned employees must be on board with the core vision and values. Having this be part of the recruitment and hiring process helps with retention and reduces issues that can negatively impact the corporate culture. People stick with corporate cultures they like, and bringing on the right “culture carriers” through recruitment reinforces the culture a company already has. This attention to staffing will pay off when it comes to the company continuing to succeed through the vision and values it practices. And having such a positive corporate culture will promote productivity and high employee retention rates.

Conclusion

Of course, there are other factors that can influence a positive corporate culture. But these components provide a firm foundation for shaping a positive company corporate culture. A positive corporate culture promotes the retention of like-minded employees and has a strong impact on productivity, attendance, and promotion from within the company. Making sure every employee fits into the corporate culture by sharing the vision and the values and putting them into practice will guarantee overall company success.

Check out America's Best Bookkeepers 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-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure 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. Check out America's Best Bookkeepers
save money - Complete Controller

Saving money is something every responsible adult wants to do but often fails to do. It’s not that it’s incredibly challenging, but it does take some work to do it. Saving money is not something that comes naturally to most people. It is the opposite; what seems to come naturally is spending and often outside their means. Check out America's Best Bookkeepers

Even micro-savings can add up over time. Some savings are even from sources that essentially are giving you free money. Here are some painless ways to save money that should add up to a more significant savings account.

Painless Ways to Save Money:

  • The Internet is filled with many online rebate sites such as MrRebates and Ebates offering money-back rebates and online coupons.
  • Signing up for customer rewards is another great way to save money. Many stores offer client rewards on many products the customer is already buying.
  • Switching from ordinary bulbs to compact, bright bulbs will go easy on electricity and eventually save money.
  • Buy a programmable thermostat to power cooling and heat when nobody is at home.
  • Buying coffee from a shop is costly. Making coffee at home is easy and saves a lot of money.
  • Use clipped coupons to save that extra money on groceries and household products.
  • Pack and bring homemade lunches to work instead of going to a restaurant.
  • Eat at home more often can help save money and is a healthier option.
  • Avoid buying name brands instead of buying store brands, as most of these generic brands are just as good as name brands and are much cheaper.
  • Start drinking tap water by filtering it instead of buying bottles. Check out America's Best Bookkeepers
  • Avoid buying items from vending machines; they are usually over-priced.
  • Daytime movie showtimes are cheaper than night showtimes.
  • Cancel extra cable/satellite channels that nobody watches.
  • Using online automatic payment systems saves money, as many companies offer discounts for automatic payments.
  • Buy daily use items in bulk as bulk pricing is significantly cheaper.
  • Get a library card instead of buying books; it is free in most cities.
  • Cancel all the newspaper or magazine subscriptions that you do not read, use the Internet to get news or information.
  • Checking the air pressure in your tires while keeping up proper automobile maintenance will result in better fuel mileage.
  • Make a habit of buying used items, whether small like a video game or big such furniture or a car. Buying useful conditioned used items will save a lot of money compared to buying new ones.
  • Avoid going off the grocery list. Make a list of the household items before going shopping and stick to that list at all costs.
  • Never be afraid to ask for a discount. Ask for discounted prices and bargains when shopping.
  • The Internet is filled with instructions on how to fix or refurbish almost anything. Try fixing old stuff instead of buying new ones.
  • Many legit online sources allow a user to swap and trade used books, music, and movies with other online users.
  • Compare prices before buying items such as clothes and accessories.
  • Seek out free items; they can be for your use or to resale for pure profit.
  • Buy items used and refurbish, repurpose, or resale. Check out America's Best Bookkeepers

Budget and Financial Goals

Once you have built some habits and found some ways to save money, you should consider keeping a budget that includes your financial goals. Most people are barely getting by living paycheck to paycheck with no savings or financial goals. This is the time to set goals such as:

  • Purchasing a home
  • Purchasing a car
  • Getting married
  • Taking vacations
  • Emergency funds
  • Retirement
  • And more…

Conclusion

Everyone hears about spending habits, but now you need to focus on savings habits. Until you stop spending beyond your means or ignoring your savings account, you can never expect to be financially free or reaching your financial goals.

Check out America's Best Bookkeepers 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-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure 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. Check out America's Best Bookkeepers
Temporary Employees - Complete Controller

Temporary employees have been around since the “Kelly Girls” of the 1930s. These employees can be a lifesaver for a business, and it helps the temporary employee gain skills or get their foot in the door for permanent positions. Temporary employees can be used for many different reasons, from a company needing someone with a special skill set for a project to filling in for someone who is out for an extended period.

Temporary employees carry with them positives and drawbacks. Here are some pros and cons of hiring a temporary employee to help you decide if it’s right for you and your company.

Pros of Temporary Employees Check out America's Best Bookkeepers

Immediate Availability

This pro is a good one. Because temp agencies have multiple employees on hand who have already been tested, interviewed, and vested, if you need someone last minute, they can often come as soon as the same day or first thing the next day. The agency will also make sure you get a temporary employee with the skillset for the job to be fairly painless to get them up to speed on the position and work to be done.

No Wasted Hours

Since temporary employees are generally hired for a specific project or length of time, the completion hours are often pre-set. The temp agency negotiates the hours, payment, and length of the job, so there are no surprises for the employer, employee, or agency. This negotiation ensures there are not wasted hours, and any extra time has to be negotiated.

Effective Trial Periods

If the position filled by the temporary employee is a permanent opening, the time they spend working the position could be considered a trial period. This period will eliminate the need to post the job, pull resumes, and conduct interviews to fill the position and save time and money. The employee may also be right for other positions for permanent hire if their position is not one. Check out America's Best Bookkeepers

Specialized Skillsets

When you have a company, especially a small business, you may not have employees to cover a specific skill set you need for a project or a temporary period. Contacting a temp agency to find an employee with the specialized skills you need can be a quick solution to the need.

High Productivity

Though many may think that a temporary employee would be less productive, the opposite is true. Temporary employees are fresh, motivated to impress, and many times eager to earn a permanent position.

Cons of Temporary Employees

Training Requirements

In many cases, the temporary employee’s skills will be enough to step into a position and take over without skipping a beat. However, if the position requires training, this can be a frustration in hiring a temporary employee. Training takes time and resources, and for someone that will be there a short period, it can feel like a waste. Training can be especially frustrating if you have to fill multiple positions within your company that require training. Check out America's Best Bookkeepers

Safety Issues

Because temporary employees generally don’t benefit from orientation and other permanent employee familiarity measures, temps are at more risk of on-the-job accidents. The solution is to ensure there are enough training or safety instructions to keep the temporary employee safe while on site.

Lack of Teamwork

Temporary employees often don’t have the time to forge relationships with co-workers that cultivates teamwork. In some cases, permanent employees can even feel threatened by the hard-working temp, and the treatment of that employee can be less than ideal. This kind of difficulty is not always the case but can happen depending on your company’s work dynamic.

Conclusion

Temporary employees can be a significant asset to a company who needs extra help on a project, has a temporary position to cover, or requires special skills they don’t have within the company. While there are some drawbacks, the benefits of using a temporary employee surpass them. Who knows, you may even end up with a new, valuable employee that has already shown their abilities and assets.

Check out America's Best Bookkeepers 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-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure 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. Check out America's Best Bookkeepers
Save in your 40s - Complete Controller

Every responsible adult would agree that savings are essential at any age, but most middle to lower-income earners have little to no savings by the time they reach forty. If you put it off or life had you living paycheck to paycheck and staring forty in the face, it’s not too late to start saving. Below are some tips to help you save money for retirement, emergencies, and other life goals. Check out America's Best Bookkeepers

Investments

When people hear the word savings, they generally think of taking a set percentage of their paycheck and putting it directly into a savings account. While this is a good idea in the respect that you are working to save money, bank savings accounts are not the way to save towards big goals.

 

Savings accounts are often low interest and are closer to putting your savings under your mattress or in the cookie jar. Instead, consult a professional financial planner and find ways to invest money to gain you more interest and grow your money more quickly. These investments could be through mutual funds, investment savings plans, investing in stocks, or buying properties or items that appreciate over the length of ownership. The essential thing to remember about investments is that you should research options and understand the risks and rewards. Check out America's Best Bookkeepers

 

Multiple Streams of Income

Besides investments that increase your existing income, another way to save towards your goal of three times your annual income by age forty is through additional income streams. In today’s world, the side hustle is typical as people make ends meet or work towards savings or other life goals financially. These side hustles could include driving for Uber or Lyft, or Postmates, etc. Like investments, additional streams of income should be well researched. Some options require little of your time and virtually no interference with your main job paying the bills.

 

Retirement Savings Plans

Many companies offer a retirement savings plan. This savings plan is a fund that the employee will contribute to from each paycheck. In most cases, the companies that provide retirement savings plans will also have offers to match a certain percentage of what the employee is investing in. While retirement savings plans are a great way to save money that has you seldom missing the money put into them, there are also some drawbacks to this type of savings. There are often penalties on early withdrawals of the money. Even because most of these savings plans are not taxed at the time of savings, you will owe a tax percentage on the savings when you withdraw the funds. Many retirement savings plans are also attached to mutual funds to increase them and are vulnerable to market fluctuations. When the economy is in a downturn or recession at retirement or the time of withdrawal, your money will not hold as much value. Check out America's Best Bookkeepers

 

Conclusion

Though leaving your thirties behind and facing the fabulous forties seems daunting, when it comes to savings, it’s easier than you think. Investments, multiple streams of income, and retirement savings plans are three reliable ways to save money for emergencies, big purchase items, and retirement. Most people decide that if they didn’t start saving earlier, they are too late to start in their 40’s, which is not factual. Any age can start saving if they have not and decide to put some money aside. Be prepared to be more aggressive to save what you need for the things important to you, but if you follow these ideas, you will be saving in your forties in no time.

Check out America's Best Bookkeepers 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-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure 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. Check out America's Best Bookkeepers
Save and Invest Money - Complete Controller

Saving and investing money intelligently is based on learning good habits and changing the bad ones.  The goal of savings and investments is to achieve financial freedom and have the lifestyle you desire. While everyone’s goals will be different based on their lifestyle and income, these tips on saving and investing intelligently will work for everyone. Check out America's Best Bookkeepers

Understand Your Investments

Some people will blindly invest in interests because others are doing the same. And while it is recommended that you hire a professional financial advisor to help you plan investments, you still need to understand your investments and how they work. If you don’t have an understanding of them, you could be hit with penalties, fees, and unforeseen taxes. You also need to understand the risks before investing and continue to monitor them.

Manage Risk

Risk management is essential to saving and investing; assessing the risks in potential investments before making them could result in thousands of dollars in savings. Because high-risk is a high reward, many investors take unnecessary risks that have devastating results. It is wise to invest in lower-risk investments and build them slowly. Also, spreading your money to multiple low-risk investments increases security and your rate of return. Check out America's Best Bookkeepers

Minimize Taxes

Saving on taxes may seem like a no-brainer, but millions of Americans per year leave money on the table by not taking advantage of deductions and other tax-saving measures. The bottom line is, if you save money on your taxes, you will have more of it to invest and grow. The best way to fully take advantage of tax-saving strategies is to hire a professional tax preparer. These professionals went to school to learn how to save you tons of money on your taxes.

Control Your Expenses

Controlling what you spend is another obvious money saver, but many people have trouble with this measure. Some of the world’s wealthiest people are thrifty with their money even though they have millions in the bank. Curbing spending in the short-term can have a large effect on your long term net worth. The more money you save by controlling expenses, the more you have to invest and grow. Even small changes or savings like avoiding unnecessary fees or getting an account with a cashback benefit can add up to smart savings and money for investments. You can also look at daily, weekly, and monthly expenses and prioritize to find where you can cut without the changes feeling too strict. Check out America's Best Bookkeepers

Use Automation

Most people who have a hard time saving or investing their money find difficulty in letting it go once they have it in their hand or bank account. One of the most effective ways to help let go of that money and put it to better use in savings or investments is to use automation. Automation means you will set up your income to automatically put money in savings, major investments, or micro-investments. Micro-investments are those that take spare change to make investments. The main advantage of automatic deposits or investments is the money isn’t missed, and you will start shifting your thinking to set your budget with the income you receive after the automatic withdrawal is processed.

Conclusion

You don’t have to be a stockbroker or investment banker to save and invest money intelligently; you have to be willing to do what it takes. Small investors still have the title of “the investor”; this means you are on your way to more savings and investments down the road that will lead to total financial freedom. Understanding your investments, managing risks, saving on your taxes, and controlling your spending are four reliable ways to be a smart investor and save money for your future.

Check out America's Best Bookkeepers 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-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure 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. Check out America's Best Bookkeepers
food truck - Complete Controller

A food truck business is unique in the culinary world. Gone are the days of the so-called “roach coach” that had prepackaged junk food and beverages. Food trucks have become gourmet food on wheels and, in some cases, are even considered fine dining. The advantages of owning a food truck business are that you have freedom in ways you could not if you had a storefront restaurant. 

  • You can be open or closed at any time
  • You can change your location from day to day
  • You can be creative with the menu
  • The overhead is low
  • Marketing is simple Check out America's Best Bookkeepers

Here are the things you will need to do to start a food truck business.

Get Licensed

Getting a food truck license in some cities can be tricky so do your research before setting out to start this type of business. Find out what you need to get your license and what rules and regulations come with the license. Some cities only allow a certain amount of licenses per year and have restrictions on parking that come with getting the license.

Get a Truck

Once you are licensed, it is time to find and buy a truck. While food trucks can be expensive, there are ways to find ones that are used and customized for your business. If purchasing a truck is too costly, you could consider purchasing a cart, which is far less expensive, and earn your way to a larger food truck.   Check out America's Best Bookkeepers

Create a Business Plan

Just like any other business, a food truck business must have a solid business plan.  A food truck owner needs to research the cost of permits, equipment, raw materials, fuel, parking, and employee costs associated with running the business. It would be best if you also planned for financing and projections for various stages of the business. It would help if you also came up with a comprehensive marketing plan as your food truck business will require marketing to attract initial and future business.

Get Insured

Every business needs insurance, but there are some additional insurance requirements since a food truck is on wheels. When you get to this stage, be sure to talk to an agent to determine what insurance coverage you need. This will ensure that the agent designs coverage to cover you and your business well.

Find Parking

Though you can park and sell in some areas, other areas require a food truck to have a permit or special permission to park. In some cities, the food truck must have a permanent, leased parking space from which to work. As part of your research, before starting a food truck business, find out your area’s requirements. Check out America's Best Bookkeepers

Get on Social Media

The food truck business is not unique in delivering restaurant-quality food; it has built-in appeal for social media platforms. A strong social media presence will be essential in getting the word out about what you offer and let your followers know your location for the day. You can effectively use Facebook, Instagram, and Twitter to have daily interaction with customers.

Conclusion

Mobile food is not unique to this era; these types of food delivery vehicles have been around in one form or another for decades. But the food truck business has come a long way from the chuckwagons and roach coaches of years past. Today’s food truck is more high-end, and the quality of the food has improved. Starting and operating a food truck can be fulfilling and go off without a hitch if you take care of these needs.

Check out America's Best Bookkeepers 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-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure 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. Check out America's Best Bookkeepers
crypto-currency - Complete Controller

As technology advances, digital currencies are becoming more used. Cryptocurrency is the most popular digital currency and is worth looking into if you consider using digital currency. These are the pros and cons of cryptocurrency to guide you in an educated decision of whether it’s right for you.

Pros of Cryptocurrency : Check out America's Best Bookkeepers

Protected from Inflation

Inflation has affected the value of every type of currency in the world. World and national economies determine the value of the currency, which will fluctuate with the economy. Cryptocurrency is protected from inflation because there is only a certain amount released at a time. This limit causes an increase in demand, which will keep preventing inflation in the long run.

Self-Governed and Managed

The governance and management of any currency is a factor in its development. Developers store cryptocurrency transactions on their hardware and, for doing so, get a fee.  These developers or data miners keep the transaction records up-to-date, which holds the records decentralized and maintains the cryptocurrency’s integrity.

Secure and Private

Privacy and security are always of concern in our modern world and there is a significant concern for cryptocurrencies. The blockchain ledger used in cryptocurrency is hard to decode and includes complicated math puzzles. This level of difficult security makes a cryptocurrency more secure than other currencies used to complete electronic transactions. They also use pseudonyms unconnected to the user, account, or stored data.

Easy Currency Exchanges

Since cryptocurrency can be bought with many global currencies, it can be traded to other currency types with minimal fees. Converting currency through cryptocurrency is fast and easy. Check out America's Best Bookkeepers

Decentralized

As mentioned before, cryptocurrency is decentralized, meaning that the developers control the currencies. Decentralization helps keep cryptocurrency monopoly free. It also keeps things in check so no one person can determine the flow and the value of the coin. However, decentralization is a pro and also a con, take a look below. 

Quick Fund Transfers

Cryptocurrency transactions, whether international or domestic, are lightning-fast. This is because the verification requires no time to process as there are few barriers to cross.

Cons of Cryptocurrency :

Can Easily be Used for Illegal Transactions

Because of the high level of privacy and security of cryptocurrency, the government cannot track down a user or keep tabs on their data. Cryptocurrency has been used to do many illegal transactions on the dark web. It has also been used to launder money while hiding the source of the funds more efficiently.

Data Losses Result in Financial Losses

Though cryptocurrency is impenetrable and virtually unhackable, and safer than a bank, if the user loses the private key to their wallet, it cannot be recovered. The wallet will remain locked along with the cryptocurrency and financially lost to the user. Check out America's Best Bookkeepers

Decentralization

Decentralization is a pro and a con. For the same reason, it is good to have it decentralized; a person is still in control of the currency. Since people are corruptible, the holder could manipulate the cryptocurrency for large fluctuations in its price.

Susceptible to Hacks

Although cryptocurrency is highly secure, exchanges are not that secure. Most exchanges store the wallet data of users to process correctly. This data can be stolen by hackers, giving them access to the user’s accounts.

No Refunds or Cancellations

If there is a dispute between concerning parties, or if someone mistakenly sends funds to a wrong wallet address, the cryptocurrency can’t be retrieved or canceled by the sender. The recipient can then use it to cheat the sender out of the money. This can be used by many people to cheat others out of their money.

Check out America's Best Bookkeepers 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-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure 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. Check out America's Best Bookkeepers
financial advisor - Complete Controller

A financial advisor is a professional that assists you with financial planning. Depending on your needs, a financial advisor can assist you with one financial planning area or many. Most people don’t know what a financial advisor can do and if they need to hire one. To help you understand what a financial advisor does, here are the areas they can help you plan and manage.

Debt Check out America's Best Bookkeepers

Debt is the deadliest issue in personal finances and is an issue that has to be overcome to be financially healthy and have a strong financial future. A financial advisor can show you the benefits of becoming debt-free and help you make a personal plan to get out of debt. Your advisor can also help you determine how aggressive you can afford to get you out of debt sooner and be on your way to financial freedom.

Budgeting

A financial advisor can help you understand what budgeting changes you need to make to reach short-term and long-term goals.  Most people avoid setting up a budget because it can be a challenging task. With the help of a financial advisor, the challenges can be overcome, and the benefits of a budget made more apparent.

Health and Long-Term Care

A financial advisor can help people prepare ahead of time for health and long-term care. Most healthy people under fifty don’t think in terms of health care needs after sixty. However, planning early for your golden years can lessen the financial burdens healthcare costs can put on you after retirement. A financial advisor can help you choose the best plans to fit your lifestyle and budget that will be comprehensive in your retirement years. Check out America's Best Bookkeepers

Estate Planning

It can be challenging to think towards end-of-life planning; however, the more you plan this, the easier it will be for the loved ones you leave behind. Estate planning is the best way to ensure your loved ones are cared for, and your wishes are carried out after you’re gone. Financial advisors will help you plan out every detail to ensure nothing in your estate is in question.

Retirement

Retirement is the goal of every working person, and how you spend that retirement requires financial planning. A financial advisor can help you decide on and set your retirement goals and design and implement a plan to help you reach those goals before you retire.

Tax Planning

Financial advisors can help with tax planning. Unlike a tax preparation professional who you hire to prepare your taxes,  a financial advisor will help you plan how to save on taxes and give you comprehensive ways to pay less in taxes and keep more of your hard-earned money in your bank account or savings. Check out America's Best Bookkeepers

Investment Planning

Financial advisors can be crucial when it comes to investment planning. They can not only advise you on where to invest your money best but how to budget to raise capital to invest. Investing can be stressful, but it can be stress-free with the help of a professional financial advisor.

Conclusion

Most people have no idea what a financial advisor does, let alone whether hiring one will benefit them financially. Understanding what areas of finances they can assist with and what they do can help you decide if hiring a financial advisor is worth the cost. Before hiring one, please do some research and make sure it is right for you, and that you choose the right one as your financial future will be in their hands. 

Check out America's Best Bookkeepers 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-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure 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. Check out America's Best Bookkeepers
social media mistakes - Complete Controller

Most business owners realize that social media is an integral part of marketing. The top social media sites for marketing are Facebook, Instagram, and Twitter, followed by Pinterest and Snapchat. Many businesses don’t perform well on social media because of a lack of time investment or making vital mistakes. Here are the most common mistakes businesses make on social media. Check out America's Best Bookkeepers

Pushy Sales Tactics

Even if you offer a great product or service, if you flood your social media platforms with endless sales pitches, this could be irritating to your followers, and they may stop following you. Even if people follow you to learn about the product or service you offer, you have to balance your posts to be something other than pushy sales tactics. You should also avoid bombarding direct messages with sales pitches instead of genuine interactive messages.

Posting Too Much

Even if your posts aren’t pushy sales pitches, there is such a thing as posting too much. This type of posting can have a similar effect on annoying followers and potential customers to going elsewhere. Posting great and engaging content in reasonable amounts can have a strong positive impact on your business. The occasional solicitation of business won’t be rejected and may even be shared by followers if they think your product or service brings value. Be thoughtful about what you post and how much you post. Check out America's Best Bookkeepers

No Activity

Some businesses create a social media presence then go silent after gathering followers. Though overposting and being pushy is frowned upon, your business’s followers expect to see some activity. As a business owner, you have to find the balance between too much and too little. Make it a point in your workday to carve out time to post or do a quick and valuable live video. Even sharing a pic about what you are doing that day can keep your audience engaged and sticking with you as a follower and potential customer.

Bad Customer Service

Often customers will use your social media presence to post comments or questions about your business. These comments or questions must be addressed and promptly. Many times other potential customers are waiting to see your response as much as the person who posted the original comment or question. When you respond, even if the person you were addressing was negative, keep your response positive and professional even if the person had a bad experience. If your answer is timely and professional, that customer can be turned around.

Neglecting Your Followers

Always engage your followers. Don’t treat social media as a one way street of you posting and expecting your followers to respond without reciprocation. Visit your follower’s profiles and make comments or throw some likes on their posts. It won’t go unnoticed that you are paying attention to your followers, which can significantly impact your business. Check out America's Best Bookkeepers

Being Too Formal

People on social media know when they see posts that are canned or formal. Your followers want you to be real and warm; posts that sound robotic or stiff will quickly lose you, followers. Using a casual tone and engaging with your followers will go a long way to retaining them and turning them into potential customers. Also, using humor goes a long way towards engaging your followers; everyone likes to laugh.

Poor Grammar and Bad Taste

Always thoroughly check your posts for errors, and even after you post, correct it if you catch a mistake. A few typos on occasion won’t kill your business, but consistently posting content with errors will quickly lose you customers and potentially kill your business. Also, your business posts are not the place for controversy or complaint. Though you are encouraged to keep it casual, the taste level must always remain high.

Conclusion

Proper use of social media for your business can have a significant and positive impact on sales and loyal customers. Avoid these common mistakes, and your social media presence will equal business success!

Check out America's Best Bookkeepers 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-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure 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. Check out America's Best Bookkeepers
buying a car - Complete Controller

Buying a car can be one of the most exciting purchases we make in our lives. A car is more than transportation. It says something about us without words. When deciding to buy a car, you must consider more than comfort, looks, and style. It would help if you contemplated the most important factor in car buying, the financial impact. Here are 5 steps to purchasing a car that will save you money without sacrificing quality and style. Check out America's Best Bookkeepers

  1. Research

The first stage of buying a car will always be research. A car purchase should never be an impulse buy. It should be well thought out and researched heavily before another step is taken in the process. The two main sources for thorough research are the internet and personal relationships. While the internet can provide the most information on specifics such as safety, features, reviews, and cost, word of mouth can be the most valuable source of information on what car is best for you. During this initial step, you will also begin research on the next step, financing.

  1. Financing

While ideally, a car purchase could be made with cash, often that is not the case. Most often, cars are purchased through financing via loans. Before you shop for your vehicle beyond research, knowing how you will secure money for the car purchase will be important. Financing should not be decided when you are sitting in front of an eager salesman looking to make a commission. It must be established before you even walk in the door of a dealership or meet with a seller. You should know your buying power, credit score, financing options, and what you can afford. In some cases, you can even go to your bank or other financial institution and get pre-approved for a loan you have negotiated before you shop. This option would let you know how much you can spend and inform your choices. Check out America's Best Bookkeepers

  1. Shopping

This step is beyond the research stage. At this point, you should be aware of your preferences and have some options based on desires, financial capabilities, and practicality. It would help if you had all the power in your car-buying decisions, not the salesperson or seller. With the internet, you can often even shop specific cars, dealerships, or private owners without total in-person interaction. This is about retaining the power in your purchase.

  1. Negotiation

Though you should have made all the decisions before meeting with a salesperson or seller, you can leave room for negotiation. Keep the following in mind during the negotiation:

  • Do not buy outside your means or buying power
  • Remain in control of the process
  • Negotiate the total purchase price, not the monthly payment
  • Be aware of the interest rate and negotiate it to the lowest rate possible

Negotiation is often the point where buyers end up paying more for their car than they should. The salesperson or seller has a common goal of getting the highest amount they can. We can’t fault them for this, but we also cannot allow it to cost us money we could have saved. Check out America's Best Bookkeepers

  1. Closing

Once you make your final decision and have negotiated the best deal, its time to close. The following are what you need to close:

  • Funding for the down payment (if there is one) and tax, title, and license
  • Purchasing car insurance
  • Ensuring all negotiated points are in the contract
  • All documents needed to close

Next to buying a house, car purchases are the most expensive purchase we make. This should not be something we do with light consideration. Follow the 5 steps, and you should be driving away in the car you desire with the best deal you available.

Check out America's Best Bookkeepers 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-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure 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. Check out America's Best Bookkeepers