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Organize Your Business Trip - Complete Controller

Many companies find it necessary to implement travel into the business. There are multiple reasons an employee might travel for the company, but all need to be successful. Depending on the company’s size and the budget, travel and business trip preparation might be organized by a member of the staff or the traveling employee. The company might commission a professional travel agent or agency. Each company has to determine the company’s needs or individual business trips to decide if a professional travel agency should be used. Here are some things to consider when determining if you need a professional travel agent to plan your business trip. Check out America's Best Bookkeepers

Corporate Travel and Regulations

If the company does not have a travel professional that knows travel regulations, it could be a problem when the time to travel arrives. When the company does not intend to plan travel, not all that organize travel have a financial guarantee or tourism approval for organizing all-inclusive trips. Although they are in charge of organizing activities for business professionals, tourism professionals’ use is necessary for setting up the trip.

Working with a specialized agency then commits the company to the employees. Therefore, it is essential to go through a professional in the field who can offer you a personalized trip adapted to your group. Here are three reasons a professional travel agent can be the right choice. Check out America's Best Bookkeepers

  1. Suppose the goal is not to do business during this trip if you are a business owner who plans a “relaxing” trip to create a relationship of trust with your employees. However, if there is an expectation of some business and some relaxation in the combination, you need to ensure there is a balance.
  2. This trip’s success lies in the atmosphere and the dynamic created at the heart of the group. Please choose a destination that lends itself to your business trip’s organization and determine activities aimed at building a relationship between your employees or customers.
  3. Choosing original stays. The discovery of a destination and its culture can be organized around unusual or thematic activities (e.g., wine tasting in Porto, discovering Ireland; mystery seminar). This trip generates good memories for your company and your employees.

Why use a travel professional?

The travel professional will be in charge of setting up and assembling all the group travel services in the chosen destination. It will take into account your business’s specifics and guide you in the organization of a trip adapted to your needs.

There are various organized company trips, and each has its specificity: Check out America's Best Bookkeepers

  • Incentive trips to motivate or reward your teams
  • Seminar trips to create cohesion and team spirit in your business
  • Team-building trips to build a team and thus allow you and your collaborators to get to know each other to create a close-knit and efficient team

The advantage of having recourse to a tourism professional’s advice is to propose to your collaborators or customers a complete offer and adapted to the main objective of the stay and benefit from security in the organization before, during, and after your trip.

For companies without a works council, managers lack time in setting up such a project. These corporate trips’ objective is to create a relationship between the manager and his employees and not to leave the management of contingencies to the manager. Organizing such a group trip is not for everyone; it is better to leave this mission to travel professionals: it is their job! Going through an agency offers the employer the opportunity to leave with a free mind and focus on his team.

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
Professional Help Filing Your Taxes - Complete Controller

Most people do not like the tax season, except when they are expecting a large refund. The process of getting your documents in order all on your own can become rather troublesome. If you are unsure whether you need professional help with your taxes, the following are some signs to watch out for. Check out America's Best Bookkeepers

No time

For many individuals with multiple ways of earning, complying with the requirements that come with doing their taxes may be a daunting affair. Even those who have only one job may still find the process to be tedious and difficult. It can be very time consuming to prepare the appropriate documents for the tax return. Most individuals employ tax professionals to do their taxes so that there are minimal chances of thoughtless and costly mistakes. Individuals tend to continue their routine work and let the tax advisors do their job. It is important to ensure that the accountant you hire has the proper qualifications, along with appropriate credentials. Check out America's Best Bookkeepers

Major life change event

Many significant life events may occur over time. Some of these include getting married, divorced, having a child, or obtaining another employment. These events could mean an addition or reduction in the yearly income. If you are getting married, it means that an addition is going to be made to the annual income if the spouse also works. Moreover, if someone gets a divorce, it means that the divorce settlement has to be met. When your tax situation changes, there are steps that need to be taken, along with various forms that need filling. If someone does not understand the tax law, it is important to hire a professional who will advise what to do. If someone forgets to make certain changes when they file, it could result in IRS charging them with added fees.

 

Business taxes

When a person starts a business, it is a given that taxes will become more complex. Business taxes vary greatly from personal taxes, regardless of whether you are an exclusive owner. In the event of starting up a business, it is prudent to hire a tax accountant or a bookkeeper to assist in taking proper care of the taxes. A professional tax advisor will guarantee that you get the most deductions you warrant while steering away from the expenses you cannot claim. Check out America's Best Bookkeepers

From the birth of the business, you must make sure that you have separate accounts for the business and any other income that you earn. For some people, distinguishing between the two can be troublesome, so it is typically a good idea to hire a professional bookkeeper or a tax accountant to help with filing the tax forms. Regardless of whether any business achieves success or not, there will always be additional charges for taxes, which can be tiresome and tedious to fill out. An accountant will also provide advice on how to diminish taxes throughout the year.

 

Paying back taxes

One of the most common errors individuals make is paying taxes on past filings. This may be because they must account for personal costs, including the amount given to the Internal Revenue Service (IRS). A professional tax accountant can assist with managing finances with regards to recounting what has just been paid versus what more you will have to pay. There may be a case where you are awaiting a refund, yet the taxes are still being paid. This process can become a bit complex when the time arrives to disclose this to the IRS. Therefore, it may be beneficial to have a professional look at your taxes.

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
Professional Bookkeeper - Complete Controller

Bookkeepers are the need of every single business, whether small or large. When starting a small business, having a bookkeeper can be invaluable and define its success or failure. When obtaining financing, it would be in your best interest to hire a professional bookkeeper rather than attempting to handle the business’s books on your own. On starting a small business, bookkeeping is something that defines the success or failure of a business.

It might be a challenge for an employer to hire the right professional bookkeeper who is skilled and affordable. These challenges can be overcome by understanding what your business needs when it comes to bookkeeping. Here are five qualities to look for in a professional bookkeeper. Check out America's Best Bookkeepers

Knowledge of the Latest Technology

At present, the world is making use of technology to increase its productivity and stay competitive. Today, bookkeepers must not only know standard bookkeeping, but they also need to be tech-savvy and understand how to use the most efficient accounting and bookkeeping technology. Furthermore, a professional bookkeeper needs the skill to point out any inaccuracies in the data going through the technology is a necessity. Staying in touch with innovation should be the core skill of a bookkeeper, for example, knowing software that helps run specific niches of the business.

Great Communication Skills

The work of a bookkeeper isn’t bound to a single thing. Instead, the person must have the ability to work alongside other teams. For this reason, the bookkeepers need to have great communication skills to convey their message properly.

The world has evolved so much that it has taken the shape of a global village, where one country can work for another country quite easily. A business owner looking to grow his business must get hired by people of other countries. A business will get not only international clients but also the benefits of foreign exchange currency. Communication can be a call, mail, or even a social media message. This is why a bookkeeper must have great verbal as well as written communications skills. Check out America's Best Bookkeepers

Education in Basic Accounting

A bookkeeper must be good at accounting basics and have experience in bookkeeping to become an expert in their skills. Employers are looking for skilled bookkeepers with the appropriate education and experience to entrust with their finances, which are of high importance to any business.

Every bookkeeper must have a basic knowledge of the principles of specialized bookkeeping. Professional certification is a must for any individual in the field. Gaining experience and knowledge by working under a supervisor is a plus for any bookkeeper desiring to expand their career. The experience gained makes a bookkeeper a professional and in demand by businesses both large and small.

Accuracy

Accuracy is critical to the bookkeeping professional. A single error of one digit can cause tremendous problems. Attention to detail is a skill that all bookkeepers should possess, as accounting mistakes can destroy even the most successful business in the products or services they offer. It is understandable that people, even professional bookkeepers, are human and can make mistakes. However, they should be skilled and detail-oriented enough to catch and correct any mistakes before any damage can be done. Check out America's Best Bookkeepers

Organization Skills

One of the most important skills to look for in a professional bookkeeper is their organizational skills. A bookkeeper who knows how to organize their data and keep records up to date will be successful, and therefore so will your business. Working with a lot of unorganized data is a part of the job, but a bookkeeper can save a lot of time through proper organization.

Conclusion

Besides the five skills stated above, a professional bookkeeper needs to be committed to what they do in the business. Through this commitment, a professional bookkeeper shows that they value their clients and their business. This value makes them important to the companies they work for and strengthens the business by keeping on top of finances.

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
Email Marketing - Complete Controller

Email is an extraordinarily strong method of communication and can also be used as an effective marketing tool. This is why your email inbox is always full of marketing emails. These messages are from the brains of email marketing professionals. These specialists have a passion for marketing; hence, they strategize compelling campaigns and take pride in their work. These individuals and teams are very capable of persuading you, engaging you in reading their content, and much more.

As you have now dipped your toes into the industry of email marketing, it is time to learn how to become an expert in this field. Check out America's Best Bookkeepers

Subject Line

First, you must focus on composing a subject line that is appealing and engaging for the reader. This opens a gateway to your effective email. A good subject line draws the attention of many quickly. The person reading this line becomes compelled to know more about your content. Use tools like punctuation, length, and tone to catch the eye of the reader.

While crafting your subject line, keep your competitors in mind. This will motivate you to create the most captivating subject line in the reader’s inbox. Do you desire to become a professional email marketer? If so, you must acknowledge the importance of an effective subject line that adds to your brand’s success and ultimately makes your brand an attention-grabber.

Copywriting

After succeeding in creating an effective subject line, you must then create your content. Your email should attract the reader and be worth his/her time. Pay close attention to every word and every sentence to ensure perfect copywriting. It would be best if you did so that the reader does not get bored and remains interested in all that you have to say. Your content should be attractive and engaging. In this way, you will win the reader’s trust, increasing your credibility. Check out America's Best Bookkeepers

Keep the language simple and concise. It is especially important to remember that complex syntax may confuse the reader, at which point they are likely to stop reading. Clarity and conciseness should also be kept in mind to ensure that your content is digestible. The reader is also more likely to remember what he/she read, as well as your brand if the writing is clear, concise, and easy.

Designing

After these two aspects are created, implement them with careful design. Design your email in a way that makes it catchy and attention-grabbing. Make your content aesthetically pleasing and memorable to the reader. Resource designing templates that make the main campaign prominent. If you are having trouble creating a layout on your own, check out some online design software.

Email List

After creating your content and choosing how to display it, you are ready to build an email list. This list is equally as important as all the before-mentioned tips. Great content without a good email list is never enough. Your email should reach as many people as possible. Expanding your brand’s audience is a critical endeavor, as it invites more and more people to view what you are offering. Utilizing tactics such as special offers, sign up boxes for your website, and social media promotions can be amazingly effective. For starters, consider what type of readers you want your email to reach. Are they of a specific demographic, or do you want to reach a wide range of different people? These questions are particularly important for crafting your email list. Check out America's Best Bookkeepers

Performance Analysis

Keeping track of your performance is also especially important. After producing compelling content and making it available to your readers, you must be aware of how well you are performing and where you stand. This helps you make improvements to your trajectory. Figures such as conversion rate and open email rate help acknowledge the result of efforts you have been expending so far. These tools of analysis play a vital role in boosting your brand’s status.

By implementing the ways mentioned above, you will be well on your way towards becoming a professional email marketer. Through this process, remain patient and stay vigilant to whether your readers are satisfied with your brand’s promotion style. Keep switching your methods while considering trends and following what is working and what is not working. Track and study how your emails are being received and perceived too. Keep working hard, and you will achieve “Marketing Guru Status” 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
Hiring Professional Bookkeeper - Complete Controller

A bookkeeper is responsible for recording the transactions of a business. A business undergoes different financial activities that need to be recorded to know its expenses, revenues, and spending patterns. Different activities occur in a company every day, such as buying raw materials for production, sending finished goods to suppliers, maintaining the warehouse, and more. All this work requires money and must become part of the financial data. If left unrecorded, the company will not have accurate financial data. The expenses, profits, and other information cannot be obtained with accuracy, which hinders efficient decision-making and problem-solving. Here are four reasons you should hire a professional bookkeeper to take care of your bookkeeping needs. Check out America's Best Bookkeepers

When Experiencing Difficulty in Recording

Although bookkeeping is a basic recording of financial data, it still requires accounting, such as categorizing expenses. If the data is not categorized properly, the business cannot know how many expenses were incurred or how many profits were made. This means that the business will not be able to project future sales and profits efficiently. Also, inaccurate categorization may lead to higher tax payments, which lay undue pressure on the company. Since the data is utilized in making financial statements, the need for its accuracy is high. Therefore, if the entrepreneur realizes that he struggles with data recording, he should consider giving the bookkeeper the responsibility. Check out America's Best Bookkeepers

When Unable to Manage the Responsibility

When someone starts a new business or a company, he keeps a short team to avoid paying salaries and wages. Therefore, every member has to look after different jobs at one time. For example, one person may be responsible for marketing, bookkeeping, and customer relationship, which means that he has a lot on his plate every time. With a lot of responsibilities, it is common for one of them to get neglected. However, bookkeeping must be taken seriously as it depicts the potential and profitability of the business. If it is realized that the team is unable to record the financial transactions regularly, then a bookkeeper should be hired.

When Regular Problems in Bookkeeping are Noticed

It is not necessary to hire a bookkeeper if someone in the team can handle the work. However, a bookkeeper must be hired if the job is not being done properly. Regular problems in bookkeeping is a major problem as it means that the data is not recorded accurately. If more expenses are entered, then the profitability calculated in the financial will be lower. Therefore, the company may fail to attract investors. Check out America's Best Bookkeepers

Similarly, if all the receipts are not recorded, the chances of reporting fewer revenues and expenses are high. If the business realizes that accuracy is missing in bookkeeping, then it must hire a bookkeeper. The problems are evident during bank reconciliation at the end of a period.

When the Business is Growing

As the business grows, it becomes difficult for people to handle more than one responsibility. With many responsibilities on one person, the quality of work delivered by the individual is negatively affected. Therefore, it becomes important to delegate tasks to different competent and well-versed people in doing the assigned job. Growing businesses also demand efficiency to continue delivering high-quality products and services. Thus, the business must do all it can to manage its operations. A growing business must hire a bookkeeper as recording transactions will increase and become difficult for the company to manage otherwise.

A bookkeeper will efficiently record financial transactions, providing accurate data for financial statements and decision-making. Realizing the importance of accurate bookkeeping, it is concluded that entrepreneurs and small businesses should not be reluctant to hire a bookkeeper if required. The problems arising because of inaccurate recording can cause a lot of damage to the company’s strategies and reputation; therefore, help should be taken from professional bookkeepers.

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
Business Money Management - Complete Controller

Managing your business’s finances is not easy. While operating your business, the company can lose money if it is not managed correctly. From production to marketing to paying your workforce, every aspect of your business requires some financial investment. If not managed properly, your business can quickly run out of money and push it into a deficit from which it may not recover. Here are five money management tips to help you avoid or weather a deficit. Check out America's Best Bookkeepers

Prepare a Cash Flow Plan

A cash flow plan is used to estimate the cash inflow (receipts) and outflow (disbursements) over a period, then estimating the cash balance at the end of that period. This cash flow plan must be as accurate as possible. It will help ensure the business is spending correctly and that there is money to pay salaries, operation needs, and have cash on hand for emergencies.

The cash plan only includes cash transactions and estimates. It is not to be confused with an overall company budget, including lines of credit, credit cards, bad debt expenses, inventory, or any other non-cash items on the budget.

Identify Financing Needs

A financial plan helps your business run in the right direction. It will keep you aligned with your goals and end products. When you plan your expenses, you spend accordingly. Furthermore, plans give you an idea of your financial needs; and where you spend most of your money. Check out America's Best Bookkeepers

After you identify your cash flow and then your financial needs, you may need to consider financing. This financing could be through investors, bank loans, business savings, or an increase in sales.

Hire a Professional

Suppose you are having difficulty managing your company’s finances and making a cash flow plan and financial plan to identify deficits. In that case, it may be time to hire a professional financial consultant. A financial consultant will help you identify the cash flow and other financial issues and then make recommendations about correcting these deficits. When it comes to your business, money management can be a challenge, so don’t hesitate to hire a professional before it gets too late to turn things around.

Once you have hired a financial consultant, be open to the recommendations as some of them will be difficult to execute.

Communication with Shareholders

If you have a cash flow problem or other deficits in your budget, it may be time to talk to your shareholders and investors. It would be best if you communicated downturns and deficits to your shareholders early for two reasons. One is that they should have no surprises regarding what is happening with their investment in your company. Two is that they may invest more capital into the business if it looks like that extra investment will turn the business around and make them the investment back quickly. Check out America's Best Bookkeepers

Negotiate

Another viable option is to negotiate directly with customers to be paid in advance. You can then offer them a discount in exchange for their advance. Conversely, do not hesitate to pursue payment from customers who have late invoices. You can also negotiate directly with your suppliers to obtain an extension on any payables you have with them.

If you have a bank loan, this is another negotiation area to pursue while you get your finances turned around. If you have been in good standing before this downturn, they will likely negotiate deferred or lower payments.

Conclusion

Managing your business’s finances can be a challenge, especially when it comes to having times of deficit. Before you get to those times, you can do some things to help lessen the deficit and pull through it easier.  These five money management tips will give you a strong foundation to avoid or weather any financial storms that come your way. There is no way to guarantee your business won’t have difficult times financially. However, implementing these financial safeguards will keep you in business so you can not only come back from a deficit, but you can come back strong and thrive.

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
Professional Financial Advisor - Complete Controller

The professional financial advisor plays a very important role in many business management decisions and consultation on day-to-day operations. We call a lawyer to clarify legal questions and hire a tax advisor to prepare our tax returns. However, there was no focus on the importance of hiring a professional financial advisor to advise us on business financial issues.

According to many magazines, the leading company in financial advising, hiring an independent finance professional ─ without linking to financial entities─ is an upward trend that can have multiple benefits for the personal economy. Here are some of the main advantages and five reasons you should hire a professional financial advisor. Check out America's Best Bookkeepers

Objectivity Towards the Information Observed

The financial advisor consultant’s only interest is to look for the best product or plan since it has no other interest than to benefit its client. Being free of a financial institution’s conditions, the advisor can focus solely on the client’s circumstances to offer a plan that suits them best.

We independently analyze multiple investment options existing in the national or international market to make the client a unique investment proposal according to their objectives. Check out America's Best Bookkeepers

Global Analysis of Economics

The independent professional financial advisor focuses not only on the investment but also on the client’s general financial situation. “We are a kind of ‘financial doctor.’ In the analysis of the financial health of the client, there are multiple analyzes. We study the life of the patient globally, the investor. We are not a buyer of products, nor a broker, nor an investor to use, but an adviser of the life of our client in the economic field that acts with previous knowledge of his family situation, the children, his expectation of future expenses, studies, etc. “, they indicate from the company.

Multi-Year Tax Planning

When the end of the year approaches, we are in a hurry to optimize the income statement that we will have to present in June of next year. Invite the client to be abstract from this slavery of the urgent and plan what is important, providing ideas, strategies, and advice so you can make a tax planning of your savings income, not only for this exercise but in a natural way and consistent, extended to several years. Check out America's Best Bookkeepers

Acquisition of Low-Cost Financial Products

For an efficient negotiation, each client’s personalized analysis is essential and, above all, establishing a “global negotiation” with the financial entities involved. This negotiation entails studying each item, mediation commissions, expenses for transfers, and custodies. “With this we seek to have more negotiation strength if we join more clients, resulting in a reduction of” bank costs “with an average of more than 50% and thanks to this intermediation, the portfolios obtained an increase in yield of 0.50. % annual. “, explain from the company.

Control of the Expenses of Financial Management

Many times, investment decisions are conditioned by what we read in the news or by friends and acquaintances’ comments. As mentioned in many famous magazines, the reality is that most people do not have a plan about what they want to do with their savings.

“From the EAFI Independent Financial Counseling Company, we guide the client to set their objectives, and we help them to fulfill them. It is about drawing up a long-term plan that is remembered quite frequently.” This plan includes a situation about the current value of our investment assets, the expenses and the possible financial costs of today and tomorrow, their future evolution, and how our heritage will respond to the current and expected level of life, “the experts declare.

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
DIY or Tax Professional - Complete Controller

Is your business ready to move one step ahead of the game and hire a tax professional in the tax season? Or is the DIY model still working strong for you? These are a couple of questions and other things that you need to ask yourself before making the right choice. Perhaps tips from a seasoned yet successful business owner can help you decide. Check out America's Best Bookkeepers

As an entrepreneur, it is easy to think you can do everything on your own. After all, you may have learned from books that entrepreneurs know everything about their businesses and possess insight knowledge as no other does! When it comes to business’s tax-side, things change and so do opinions of veterans. Launching a company may be relatively easier than managing and maintaining its bookkeeping, taxes, and finances. Thus, administrative work plays a predominant role in the success of any business. Those who manage their managerial yet administrative work well can expect to reduce bookkeeping, tax, and financial errors and witness significant economic gains.

Hiring A Tax Professional Seems Like A Smart Choice! Check out America's Best Bookkeepers

It is essential to understand that not every professional accountant is a tax professional as well. So, you need to identify your business needs and play sensibly to save more money for your business. The point is, filing taxes on your own can be daunting. On the other hand, hiring a professional tax agent comes at a price, which most businesses fear affording. But with the availability of low-cost DIY tools and software, most entrepreneurial companies are still wondering whether hiring a tax professional is healthy for their business. The thought of filling taxes goes two ways around; most business owners lack trust in tax professionals, so they consider DIY tax software quite useful. On the contrary, there are business owners who consider DIY tax software ineffective and prefer hiring tax professionals instead. 

Should A Business Owner be His/her Own Tax Professional?

In the light of saving money, naturally, entrepreneurs prefer to handle their finances and file tax returns themselves instead of working with tax professionals as they are perceived as expensive. They also fear delegating control to third-party vendors, especially in the initial phases of business setup, as the first two years are essential for defining the success patterns of any entrepreneurial venture. Hiring a tax professional is a good option for owners just starting their business. Besides fulfilling your tax-filing needs, a tax professional will save you a lot of money and time.

What’s more? Check out America's Best Bookkeepers

According to a study, on-average entrepreneurial ventures can use accounting or tax software for the first five years. After the first five years, it may be time to change its approach and should consider hiring a tax or accounting professional when bookkeeping, tax, or financial needs grow. Managing everything on your own is both time-consuming and confusing. Hiring a tax professional for catering to accounting and tax needs makes sense, especially when you are expecting to grow your business operations.

“The cost of handling your financials could be higher when you choose to handle these things yourself when you take into consideration penalties, your knowledge gap and the time it takes away from actually making the money you’re desperately trying to track.” Said, Brian Clayon, owner, GreenPal

This difficulty tracking indicates that the businesses should likely go for hiring a tax professional instead of using DIY tax or accounting software. The thing is, spending a little portion of your money on hiring a tax professional always pays off in the long run of your business’s journey. Hiring gives you peace of mind and helps reduce catastrophic financial errors. Also, it enables you to save money by better capturing of financial deductions and depreciation.

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

When you think about your professional future and the projects you want to develop, the truth is that they do not mean anything to you.

That feeling of total indifference to your work is the first warning sign. It may mean that the time has come to evaluate your professional career and that, perhaps, it is necessary to make a change of profession.

Do not worry! Surely there have been several reasons that led you to this moment: a career chosen wrong from the start, or a job that can naturally become boring and annoying.

The truth is that your life has taken a new direction and that your current profession does not identify more with your values. Another reason may be the current labor market, which now offers new trends that you want to explore and take advantage of.

Whatever your situation, to change your profession you must be prepared because it is the only way to guarantee a successful professional transition and not need to make another change in a long time.

Are you ready to discover our tips?

  1. Know yourself

Self-knowledge is an essential skill to change your profession. This means that you must understand what your qualities and defects are, and then identify the various opportunities for success that will open up in your new path.

Being able to self-evaluate is fundamental. That way, you can decide which skills you want to use in your day-to-day.

Remember: you do not have to do something just because you’re good at it, you must choose to do something that you really like and motivate you.

  1. Stay tuned for new opportunities

When planning a career change, the path that leads to success is to understand the labor market very well, your professional situation, and the possibilities you have to act in other areas.

If you have a job and want to continue working on it, evaluate what other areas you can contribute to. If you want to change jobs, the safe way is to research and identify what you need to make that change.

  1. Update yourself

New paths require new knowledge, so taking courses and deepening learning in your new area will be decisive for success in your career change.

On the Internet, you can consult various career guides and salaries that show the courses and knowledge necessary to work in the most varied professions.

The lack of experience in new areas can play against you, but that can be compensated by acquiring new skills. At present, the skills related to the development of technological platforms, commercial areas, and businesses are highly valued.

Be insightful and study how the sectors are transformed! This will be a great help to build your new professional profile.

  1. Learn from third-party experiences

An excellent idea is to talk and exchange information with people who once felt frustrated and also decided to change careers, especially if they now work in the area that interests you.

Listening to the experiences of those who have already gone through the same situation is enlightening. It may be the north you were looking for to give you the answer to the doubts that still echo in your head.

An important point: do not let yourself be influenced by the sensations that these people transmit to you. Hear their stories, learn how they overcame their difficulties, and identify the failures they made so that you understand the real process that involves a change of profession.

  1. Has a financial reserve

From the moment you decide to change your profession, you must plan a new financial scenario. Why? When you start in a new area, you will most likely fall back to the level of who is starting in the labor market, so you may receive lower compensation.

Being that way, the idea is that you have a reservation before making that decision. Especially if there are people who depend economically on you, as parents or children. This is not easy, as it is advisable that the reserve serves for 12 or 24 months.

Good money saved at this time is essential to ensure that your career change occurs without worry, and then you are not forced to give up your new career goals.

  1. Be flexible

It may be necessary to take some steps backward to change careers. Opting for less radical changes, for areas in which you already have knowledge or experience may be the best alternative because this way you will not have to start from scratch.

Of course, nothing prevents you from developing your professional skills in a completely new area for you, however, even in the most drastic changes, it is possible to take advantage of your previous knowledge in your professional career.

It is a fact that when a professional knows his skills and talents acquired in previous activities, he feels less intimidated when starting a new profession.

  1. Do networking

There is nothing more effective than a good network of professional contacts. At this moment you can not hide from the market, on the contrary, you must make yourself seen.

Take the opportunity to show your current contacts that you are in a moment of professional transition. They can serve as a bridge for new connections because they know your full potential.

Time to explore markets, make new contacts, meet new people, and expose you arrived.

In this context, help can come from where you least expect it. Do not discard recommendations, tips, and advice on social networks, friends, and family.

Ready!

If after reading this post you continue thinking that changing careers is the best decision you can make, it’s time to plan your exit strategy.

Consider the different paths to follow and how you could explore them. Talking with people in areas that interest you, doing volunteer work, or taking a short course are extraordinary alternatives.


 

Check out America's Best Bookkeepers
About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing services 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 US based accounting professionals are certified QuickBooks™️ ProAdvisor’s providing bookkeeping, record storage, performance reporting and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay services. 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.
Ideal Bookkeeper - Complete Controller

Hiring an ideal bookkeeper to manage your financial matters is an intimidating task. Whether you are setting up a new business or have established a successful business, the need to hire a professional bookkeeper never dies. As soon as a business becomes more successful, the need for having an experienced bookkeeper escalates. Undoubtedly, a competent bookkeeper is your secret weapon for faster growth, which means long-term success for your business. If you expect to have a clear picture of your financial books to make better decisions, minimize your tax bills, save time on admin, and reduce accounting errors–hiring a professional bookkeeper will be ideal for your business. Check out America's Best Bookkeepers

Why Every Business Needs To Hire An Ideal Bookkeeper

The demand for professional accountants and bookkeepers has intensified over the years. The majority of businesses worldwide that used to feel reluctant to share their numbers with accounting agencies now feel safe to hire pro-level accounting services at every scale. Online accounting services have become the top choice for most businesses these days because they are credible, flexible, and help you focus on your business’s core areas.

Hiring an ideal bookkeeper has become an absolute necessity these days. Businesses need to handle their cash flow properly to achieve financial stability and security to keep the business running but indeed flourishing. From managing payroll and corporate debt to estimating and forecasting profitability year-round, bookkeepers have to be on their toes at all times to guide and keep the organization running in the right direction. Making sensible monetary projections and resolving financial discrepancies successfully year-round are key traits of an ideal bookkeeper.

A good bookkeeper can change the entire fate of a company with realistic financial projections and judgments. 

Traits of an Ideal Bookkeeper Check out America's Best Bookkeepers

Professional Competence

Having adequate accounting knowledge and technical skills is necessary for getting things right—the first time. Bookkeeping requires you to have exact know-how of accounting principles, debt, tax-related issues, and professional competence. It’s not a business owner’s job to handle everything on their own, especially finances. Therefore, they must look for bookkeeping services or individuals who have expertise in the accounting field and know, understand, and deliver anticipated results. Before hiring any bookkeeper, you should search and select the person for the task who knows how to handle finance-related matters well. Professional competence is the first thing that will assure your business that you have chosen the right person for doing the job.

Blatantly Honest

An ideal bookkeeper is blatantly honest about finances and cash flow. A professional bookkeeping service will never think of manipulating their client’s confidential information because, if they do so, they can face lawsuits and hefty penalties. A good and reputable bookkeeper will never indulge in illegal or unethical activities, which would probably put them out of business. An ideal bookkeeper will always be true to their job and will never abuse their clients’ confidential information. They can never win the heart of a lost client again. For bookkeeping and other related tasks, you must always hire a credible and trustworthy bookkeeper for completing those crucial accounting tasks. Check out America's Best Bookkeepers

Super Organized

An ideal bookkeeper must be super organized and have good time-management skills. There are times when they will have to carry out multiple accounting-related tasks at one time. An ideal bookkeeper cannot afford to be messy and show a care-free attitude towards certain important tasks. They will prioritize their tasks to manage their time and tasks effectively


Conclusion

The company’s bookkeeper will be charged with the most important and sensitive data in your company, the finances. They must be intelligent, detail-oriented, well-educated, and experienced to ensure that your company’s books are well taken care of and accurate. Therefore, when choosing your bookkeeper, be diligent, and make sure they have all the qualities you need.

 

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