Displaying All Posts in the Money category

4 Reasons You Need an Accountant

Despite what popular culture would have you believe, accountants aren’t just human calculators.

Maybe you think they’re simply trained to fill in a tax return for some poor, unorganized soul.

In reality, they are highly trained business and finance experts with a lot to offer your company or brand.

If you don’t already have one, here are four reasons why you should consider making this all-important hire. Click Here to Read Article …

Popular search terms for this article:

Money|WorkAwesome

How to Choose the Best Cash Flow Management Tools for You

Brought to you by Spark Business® from Capital One®

Even in the calmest financial climates, cash flow management for small business owners can be a daunting task that’s tricky to get right. Get it wrong, and a business that’s technically turning a profit can suddenly end up cash-poor.

The good news is you don’t need an accounting degree to accurately forecast cash flow. There are plenty of user-friendly management tools to choose from, which you can tailor to meet your specific needs. Here are some tips for picking the right option for your business.

Identify your unique needs

There’s no one-size-fits-all policy to cash flow strategy. Each business has its own natural fluctuations, which can depend on a number of variables. It’s vital that your cash flow management tool takes all those things into consideration, whether it’s allowing you to factor in slower-revenue months, to the percentage of customers who refuse to pay up or simply having the freedom to choose the frequency of your projection reports. Having your dream list of personalized options ready while shopping around for a cash flow system could save you a lot of wasted energy (and money) after the fact.

Click Here to Read Article …

Reasons Why You Should Retire Now

when to retire

Most of us have to work.

This is how we put a roof over our heads, food on the table and care for other personal needs.

Nothing in life is free, and it takes income to do just about everything.

But although many people have jobs, you might be plotting your retirement as we speak.

According to CreditRepair.com, “Retirement kicks in for most people at around 65 years of age, when they cease working and live off of money saved up during their lifetime.” However, there’s no rule that says you have to wait until you’re much older to leave the workforce. Click Here to Read Article …

5 Ways to Make More Money with Your E-Commerce Store

Britons are the biggest online spenders in Europe, with predictions of an average $1,800 per person to be spent shopping across the Internet in 2015.

That’s a year-on-year rise of 16 percent, pushing online retail sales in the U.K. to $80 billion.

The U.S. and Canadian markets can expect a similar rise.

But do you feel that your e-commerce site isn’t allowing you to get your hands on a share of this market due to poor performance?

Giving your customers the chance to buy your products online is one thing – but is your site letting you down when it comes to converting visits to sales?

Here are five ways of making sure your e-commerce site is up to scratch. Click Here to Read Article …

Popular search terms for this article:

make money with ecommerce

Is a Home Office Worth It?

working from home tax

As a young or potential entrepreneur, renting out office space seems like a daunting idea right?

It’s a big commitment, especially when there is an alternative.

This is a topic that I encounter all the time.

With a growing number of people working from home nowadays, claiming the cost of rent or their mortgage repayments is becoming a hot topic, with most people thinking they can claim the full amount and that being that.

Unfortunately it’s not as straightforward as that. Click Here to Read Article …

5 Money-Saving Tips for Freelance Travelers

travel expenses

The biggest pro of being your own boss is just that — not being a cog in the machine.

Just about the only time this is a con is when travel comes up.

That machine often pays your travel expenses when you’re on a short overnight trip.

You’re going to have to go it on your own as a freelancer, but there are ways to save money and make it as painless as possible.

After all, when you decided to strike out on your own, one of the things you signed on for was the satisfaction of finding creative ways to make things work for you. Here are some very creative ways to work the hotel system and keep the Benjamins in your pocket. Click Here to Read Article …

3 Ways Freelancers Get Paid

get paid

The best part of the life of a freelancer is pulling in the digital Benjamins.

Clicking that button and bringing in funds makes it all worthwhile.

If there’s anything about your current payment processor that bugs you — and it may be that your business is expanding beyond this processor’s capacity — here are a few payment processing tools you may consider.

These vary from simple to complex, starting with those that are good for freelancers with simple, streamlined businesses and progressing to those for entrepreneurs with a line of goods for sale online. Click Here to Read Article …

The Importance of Starting and Maintaining a Business Budget

financial budgeting

A large percentage of small businesses fail within one year of operation.

While circumstances vary as to the cause, one of the obvious reasons is that they’re financially incapable of continuing to operate.

There is a lot of money that goes into starting and running a business.

You need certain equipment, marketing, funds for hiring people and for emergencies.

The only way to manage all of this is to have a budget. Once you establish one, you need to stick to it. Click Here to Read Article …