Business

Part-Time CFO Services

There comes a time when an up and coming business needs professional financial guidance but cannot afford to hire a full-time controller or CFO.

We have a solution ideally suited for you if you are lucky enough to be in such a position. Our Part-Time CFO services will provide you an expert financial manager who will work alongside you and assist in guiding your business to success.

The average cost of hiring a full-time CFO service provider ranges from $60,000 to over $100,000 every year, plus benefits and bonuses. Our Part-Time CFO Service will give you experienced support at a smaller fraction of the cost.

Here is what you can expect to get from our Part-Time CFO services…

* Additional time on your hands to focus on new clients, new services, and other core business functions.

* Deeper understanding of the businesses’ financial side. This way, you’ll have a few surprises and more control over your money.

* Enhanced decision-making abilities from seeing the hard and genuine numbers of the business clearly.

* Readily available sounding board to assist with tough decisions and help you clarify business plans.

* The peace of mind knowing that a pro is monitoring, protecting, and continually enhancing your business’ financial side.

* An expert who creates stable financial controls in the business to minimize employee theft and raise profits.

* Train and manage your business accounting staff.

* Enhanced timeliness and quality of financial information.

* Preparing and monitoring your budget.

* Analyzing profitability by product line or service.

* Tax saving techniques.

* Trend analysis.

* Help in quantifying business goals and define long-range plans.

* Cash management.

* Communicate with attorneys, bankers, insurance agents, vendors, etc.

* Help in securing financial backing from banks, which includes help with negotiations.

* Reviewing/negotiating insurance policies.

* Developing business accounting procedure manuals.

* Analyzing expansions, equipment purchases, etc.

* Assist in mergers and acquisitions.

* Tailor-made collection procedures and policies.

To know more about our Part-Time CFO Services, please visit our website and fill up the contact information to get a Free Consultation.

How to optimise the communication of your company

There are a lot of companies who have difficulty to communicate in an effective way. Not all those companies are aware of the fact that a bad communication strategy can have a big impact on the whole organization. It’s a small, but very important part of the company and you have to invest in it. To make it a bit easier I wrote this article about how you van deal with the communication problems of your company.

Be transparent

One of the main factors of a good communication strategy is to be transparent. It’s very important to be transparent towards your clients and your potential partners. They need to know the vision of the company. Of course, you need to share this information with your employees as well. Transparency will improve your status and will result into a better co-operation.

IT is important

A lot of company leaders forget the importance of the IT services. When your BPM software works well, the communication is going a lot faster and easier. The flow within the company will go smoother and communication is made a lot easier. BlueDolphin is for example a software that can help you a lot. It’s a platform where knowledge and information can be shared by your employees. It makes work a lot easier.

So, it’s important to communicate the right way. How you do this, is up to you, but make sure you are transparent. The business architecture can make things a lot easier with the communication within the organization, so be sure this is OK as well.

All You Need To Know About Home Insurance

The home is our sanctuary. The place where we go when we try to hide from all the bad things that might and are happening outside. When we get there, we need to feel safe and secured.

This is why people invented the house insurance. It’s a plan by which people get to feel and be safe. Investing in it means you get to be protected by almost every disaster that might happen, from natural disasters to burglars who might steal everything you own valuable inside.

Having this in mind, one will wonder why anyone would be left without something like this. Here, it’s important to know that there are lots of kinds of home insurance plans and there’s no one size fits all plans. Of course, unless you decide to spend a fortune and be protected from virtually everything.

Common people usually pay a monthly fee and are protected from the things that are most likely to cause a problem. Fire, flood, robbery, and things like these. Every one of these raises the chance of a problem in the eyes of the companies employees, so they as a higher monthly amount to insure your property.

Why? Because of the chance for a tornado is very high in Colorado, it’s not the same in California. Paying for it in the first state is logical, but in the second – not so much. That’s why every homeowner should do research and make a plan of what is the most probable problem that might occur and insure their assets to be protected from what they think it’s best.

There are two types of insurance

There are two types – building and content insuring. It’s best if the owner is able to combine both and be sure that whatever happens, they and their family will always be safe. Sure, this doesn’t mean that the tornado will change its track when they realize an insured house is in front, but when the damage is done, the owners will have a much easier way of rebuilding or buying another house.

If you live in a dangerous neighborhood where lots of crime happens, it’s good to ensure your belongings. You’ll notice that sometimes companies refuse to do it if they realize that they might lose more than they’ll win. They wouldn’t exist if they didn’t make profits, so if the chance to lose is higher than earn, your money won’t be accepted.

The home insurance market is worth around $100 billion, so you can only imagine how much money is the game and why companies are so precautious when they are making a deal with their clients. See more on this article.

How to choose the right one?

There are lots of American home insurance companies. Not every one of them is the best choice for you. When you’re trying to find the best one, you need to have a few things on your mind that must be considered.

The money is the most important issue. You’ll notice that the premiums are not the same in every place. Some companies compensate more than others. In the search, try to find the one that will offer more than the competition.

At the same time, it’s important to see if their rating is good enough, and you’re not dealing with someone who’s just getting in the business and is not aware of what they’re really doing. The most famous ones are most often the best, but the new players can sometimes be a good choice because they’ll give you a good price in the try to get on top of the business. See more about this, on the link.

Conclusion

Home insurance is not something that is a choice. It’s best if every owner has one. You’ll notice that getting loans will make you get one if you want to get the money. People always need a backup, and they protect their investments. This is completely normal.

In your case, the property you own is an investment, and you need to protect it too. This is why it’s best to insure it and sleep tight at night knowing that even if something unwanted happens, you’ll come out of it easily.

What is Accounts Receivable Factoring?

Accounts receivable factoring is considered a great option for the companies that need immediate money and are not able to get a conventional bank loan. If you have a small business and you are always concerned about arranging the working capital which often falls short, if you avail factoring services, you can transform your unpaid bills into cash in hand. 

Also known as invoice factoring and invoice financing, this is probably the best option for many business owners when the customers do not pay them right away, but they need cash to run their business without interruption. 

Receivables factoring should not be confused with a loan. Factoring is a better option than a loan because the latter takes time to get disbursed and asks for security or collateral. The factoring works on the concept of selling your invoices at a discounted rate to the factoring company and getting cash in return for the unpaid bills. The factoring company becomes the owner of the invoices and receives payment from the clients directly within 30 to 90 days.

The invoice factoring company pays around 85% to 90% cash immediately while the remaining payment is made after collecting the invoice from the clients. The invoice company deducts its fees from this amount too. The fee can range somewhere between 1.5% to 3.5% and more. 

The pros and cons of the accounts receivable financing company can be summed up here. 

The pros include:

  • Provides immediate cash or working capital 
  • Creates an improved cash flow which also helps to grow your business.
  • Easy to get as compared to other sources such as banks and other financing institutions. 
  • Evaluates the creditworthiness of your clients.
  • No security required. Accounts receivable factoring does not need any collateral or asset like property papers, inventory, etc.

The cons are:

  • Other than their own high fees, they may also charge hidden fees such as application fees, processing fees, credit authentication fees, late fees, etc. 
  • Since they collect the payment from the customers directly, the main company loses control over the customers. 
  • You might not get financing in the case of low creditworthiness of your customer or if your business is low on revenue. 
  • In a recourse factor, the factoring company may return you the unpaid invoice and ask for full payment from you, just in case your client denies the payment to the factor company. 

AFM-licensed audit firms

For a government it’s important to know how the companies within their country earn their money. That’s why it is mandatory for a lot of companies to show their financial situation every year. In the Netherlands companies can be obligated to have a statutory audit of the years-end figures by an official AFM-licenced audit firm. The AFM is the Dutch Financial Markets Authority.

Criteria

A statutory audit of the year-end’s figures must be performed by an AFM-licenced audit firm when the financial contains at least two of the following criteria (for two consecutive years):

  • The value of assets exceeds 6 million euros
  • The net turnover is in excess of 12 million euros
  • The company has over 50 employees

AFM-licensed audit firms

There are a lot of good audit firms in the Netherlands, but not all of them are AFM-licensed. When an audit firm has the AFM-license, they are allowed to perform different kind of financial audits, regardless of industry. An audit firm will check the financial facts and figures and will put them in reports. 

Reanda

Reanda is AFM-licensed audit firm in Amsterdam. So, if you need an accountant in the Netherlands, Reanda is the place to go. Reanda is a company which is specialized in helping international companies who have most of their operations abroad. They help companies to make a good financial audit. Good financial audits are complicated to make so a lot of people want specialists to make them. 

Middle Management: Searching for that New Position

If you are looking for a new role in middle management and have been finding it difficult to find vacancies that are relevant to your skills and experience maybe you should consider getting in touch with a specialist recruitment agency, as they already have links with many businesses and organisations they will often get information about new job openings as soon as they become available. 

Not only will using an executive recruitment agency to help you find your next middle management position make you far more likely to find suitable posts, you will also be able to get any help or advice that you may need to make sure that you are getting the positions that you deserve and receive all the information and guidance that you may need when starting out on a new role so your career can really start taking the right direction. 

No matter why you are looking for a new job or what industry you work within as recruitment agency’s get information about a wide range of available jobs you can be sure that they will be likely to find you a role that matches your existing skill set and experience so you can keep adding relevant new skills to your CV.  With a range of temporary and permanent contracts often available you will also find that a recruitment agency is going to be likely to be able to find you flexible employment that fits in with your lifestyle, which is ideal if you have other responsibilities. 

Whether you just fancy a change, are just starting out or are returning to work after a break a good recruitment agency will be able to help you get the roles that will help you to take your career further, with many short term contracts coming up with an immediate start to provide cover sometimes these can be an ideal way to add important experience to your CV across a range of different settings.   

So if you are looking for a position within middle management and would like a bit of help finding suitable work why not consider signing up with a recruitment agency?  With so many vacancies being listed with them as soon as they become available you are sure to find a really good role much more quickly than using other more traditional methods.

4 Best Airtel 4G prepaid plans giving value for your money

Since the most-buzzed 4G launch in late 2018, telecom network providers have turned the whole prepaid and postpaid games. Now it’s not only about calling and SMS, but the 3G/ 4G data has also been added to these plans. While mobile users are being offered cheaper plans from various service providers, Airtel is truly focusing on customers’ needs. The result isa bouquet of Airtel 4G prepaid plans with each one fulfilling different needs.

Low-value monthly 4G data pack

The cheapest monthly Airtel 4G prepaid plan comes at Rs 199. The plan is ideal for users who enjoy low-normal data usage. Against the low amount of Rs 199, you enjoy 1.5 GB data/day for 28 days. As this is an unlimited pack, you don’t have to pay for calling. The plan offers unlimited free calling including incoming and outgoing roaming calls. You can also send free 100 local/national SMS per day.

1 GB data pack with extended validity

Another one from Airtel 4G unlimited packs, this plan comes with validity extended to 84 days. The plan offers free unlimited local and STD voice calls and local or national 100 SMS/day. For the value of Rs 399, you get to enjoy 1 GB data usage and uninterrupted streaming every day for 84 days.

Budget pack with 1GB+ data usage

Tired of daily data shortage and monthly prepaid recharge? Switch to this Airtel 4G prepaid plan with boost-up data and pack validity. For Rs 448 the plan offers 1.5 GB data/day for the period of 82 days. The plan also offers freebies of unlimited calling and free per day 100 SMS.

4G unlimited pack with 3 months validity

With per day 1.4 GB data for 3 months, this Airtel 4G prepaid plan at Rs 509 gives value for money. While the plan offers similar freebies to that of other plans, it also diminishes your monthly recharge need. You can enjoy unhinged calling, chatting, streaming, and browsing for 90 days straight.

New booster packs by Airtel

While 4G unlimited packs are ruling the show, newbies booster packs and combo recharges by Airtel are also getting a lot of footage.

The cheapest pack offers local and STD calls at 30 paise/minute for 56 days at a value of only Rs 8.

Another new booster plan for Rs 40 offers Rs 35 talk time with unlimited validity.

We also have the sweetest Airtel 4G prepaid plan in the list. A sweet little data reward for SIM upgrade, this plan offers 4GB 3G/ 4G data for 7 days at just Rs 5!Note that it’s a one-time-recharge offer and you can only avail this offer when you are upgrading to new Airtel 4G SIM.

Secrets Behind No-Indicator Trades

Looking for the best forex technique trading strategies without loss so that profits can always be consistent with no indicators, hopefully our article today can answer what you are looking for. Actually to play forex many ways and strategies, even if we often practice and do our own research with the knowledge we learn.

We will get a trading technique that makes us comfortable because it matches the style of trading itself and the most important thing is always consistent profit. The secret of forex trading is simple / simple without indicators so that this consistent profit can work by trading without emotion. Of course we know the success of trading is 80% emotion and 20% method.

How to Win Trading without Indicators or Naked Trading

What is Naked Trading?

Naked comes from English which in Indonesian means naked or plain or clean. Usually naked trading is identified with a chart that does not use indicators, it can be said to be trading without using indicators.

If without indicators, how do you analyze price market movements? Although it looks like it is difficult, but in fact, this method has been developed by senior traders who according to him are still effective in analyzing market movements.

Naked trading is a trading method based on technical analysis without requiring any indicators, such as bollinger bands, moving averages, fractals, stochoastic oscillators, RSI, Parabolic sar, Alligator and others. Not intended to contradict traders using the indicator trading strategy, but to share new knowledge for those who have not tried it. Because there is no strategy that is 100% accurate, it will be more convenient to trade with each style, which is certainly more profitable.

It cannot be denied that indicators are widely used by many traders, but it does not mean good because many have used them. Even though the more indicators used in trading look more confusing and price movements are difficult to predict, especially when there are a number of conflicting indicator signals. In a strategy without indicators / naked trading only use plain charts, you can chart charts or candlesticks plus some trendline, Fibonacci, and support resistance tools. We will also study price action, supply and demand areas and chart patterns.

Naked trading is not a new trading strategy, even many traders who are pro-technical analysts prefer to use naked trading instead of using indicators. Because indicators have weaknesses and will not be able to predict all price movements in all market conditions correctly. Usually only at certain times and conditions indicators can be relied upon.

Why is the naked trading strategy worth trying?, There are 2 reasons, namely:

  1. Some indicators are lagging.

The initial goal we use indicators is to predict the direction of price movements, so that we can make trading positions according to the indicator signal with the aim of the profit. Even though like that, indicators that are often lagging and we use in predicting long-term, certainly will erode the hopes of traders to be able to predict the direction of price movements more precisely and quickly. However there is un-lagging indicator like Harmonic Scanner which helps you to find potential Harmonic pattern easily.

  1. We will lose if only trading relies on indicators.

If we want to become successful traders, we should stop relying on indicators 100% and we should start learning to be able to read price action and most importantly, trading psychology.

If we have learned how to analyze the direction of price movements in real time trading, then the results are profit-making progress. So we can trade with a combination of indicators and understanding price action, should not depend only on indicators.

Life Coaching London – Tips For Working With A Life Coach In London

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Times are stressful and life itself demands us to work very hard if we want to accomplish our goals. Still, we’re merely humans and we can only do so much. In those troubled times when crisis hit, we have no choice but to ask for help. The best place to turn to are professionals like life coach London.

Life coaches are people who take care of you on the way to success. They know how hard it is to work hard, stay healthy, and motivated all at the same time. They act like therapists with that significant difference that they also know what you need in terms of motivation to continue being successful.

Some people are on the bottom and can’t get up from there. They lack the skills and knowledge of how to start doing everything that’s needed for a good life. These people also benefit from the presence of a professional and skilled person who will teach them how to rise from the depths. in addition, we’ll tell you how to work with a life coach in order to have the best results. Read on and learn more!

Communicate

The work of the life coach is based on talking. Sharing the experience between each other is the most important part of the cooperation. That means communication is the key here. If you and this person can’t find a perfect mutual understanding, you’ll surely have a tough time together.

That means it’s important to let them speak when they think this is important but never miss the chance to say what you think about the whole process, about your issues, and problems. They can’t help if they don’t know what you’re dealing with inside your head.

Listen

As we said, the key in the business of the life coaches is talking. If you want them to help you have to let them speak. You must listen to what they have to say but not just be quiet and start daydreaming while your coach speaks. You need to actually listen.

All life coaches base their lessons on their experience and what they have learned about human nature. Considering your situation, they’ll probably find the right words you need to hear in order to make your problems disappear. Sometimes we know what the solution is but we need someone to pick the right words and motivate us to solve that particular issue. Learn more about how people can influence on others here.

Put them on speed dial

London lives on an extremely fast pace. You don’t know what’s going to happen next. Very often situations move like you’re in a movie and there’s no stopping until it’s too late. Feel free to call your life coach in situations you think they might be useful for you.

For example, you have three meetings in a row at work and all the clients are very hard to cooperate with. They are so annoying that you don’t know what to do and all you can think is quitting your job and go live on an island for the rest of your existence. You can’t wait until the appointment so just call them between meeting and ask for their advice.

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Think through about their advice

Your life coach will tell you a lot of things during your meetings. Not everything they say can be used in everyday situations and some of the things they’ll say you probably won’t like. This doesn’t mean you have to take their advice no matter what. It only means that they have their own idea of how things should be, but if you don’t agree with them, simply skip that part.

You have to think through about everything they tell you. People are different and there’s no “one size fits all” advice for everyone. You’re different than someone else and your coach is also a person whit their own points of view. No one’s obligated to follow someone else’s ideas. Attitude is very important on the road to success. Read more about this here: https://thoughtcatalog.com/jeanne-san-pascual/2015/02/why-attitude-is-the-most-important-thing-in-success/

However, when it comes to suggestions about how to take control, how to lower your expectations, and how to maximize your productivity, have no doubts. Follow their path, and you’ll be on your feet 100% of the day.

Best credit cards for students and why you should own one

Nowadays you can’t go anywhere without a credit card. Of course, cash is still in use but in the nearest future, it will disappear completely. But not only because of this we are going to speak about the best credit cards for students.

There are numerous features with which all modern credit card are equipped and which are crucial in the fight between cash and credit card. For example, the cash won’t help you to grow your credit rating as fast as a credit card. A lot of best credit cards for students with no credit and best credit cards for students with bad credit are available on the market today.

Another good reason to order a credit card is a significant opportunity to track your expenses. Without this perk, you won’t be able to manage your finances in the right way which is especially important for students whose finances are usually not very high to squander right and left. Top credit cards for students usually offer this option.

We still haven’t mentioned perks which can save you a huge amount of dollars. They are cashback and different point reward systems. It may seem as if it is such an insignificant amount of money that these perks are not the reason to order the card. But when you will receive a 5% cashback on all your purchases and then at the end of the first year your cashback will double up you will definitely change your opinion.

The last reason to get a credit card is a refund option. In any controversial situation with any shop, you will receive a refund. Or for example, if you lost your card you can freeze all assets with one phone call to your bank. I think you in the same situation you won’t be able to save your lost wallet with cash.

Credit cards offer for students a low entrance level (you don’t need a high credit rating to order a card, it usually varies from 350 to 650) and a unique opportunity to raise a high credit rating or a good credit history. The sooner you get on with your first card the more reliable credit rating you will have in the future which will help you a lot of course.

We have analyzed a lot of best credit cards for students and it is hard to say what is the best credit card for students but the most profitable and balanced one which has really useful perks is Discover it® Student Cash Back Card. This card is probably the top credit card for students because of the cashback. It can be up to 5% depending on the store. No other card can offer such an attractive offer. As a nice addition Discover It doubles your cash back after first 12 months of usage. Remember that your credit rating must already be average or above average so this option is not related to the category of the best credit cards for people with no credit or credit cards for students with bad credit.

Always be sure to pay your statements in time. If you won’t be a responsible holder of the card it can cause some bad consequences in the future. No one wants to start the adult life without a good credit history right after a university.