Financial Planning Is Backbone of Successful Business

What is the bottom-line of any business? Well, it is profit making continuously and attaining prosperity ultimately. Whether a Corporate Business or individual or privately held business, this is the thumb rule. And only through keeping records and books of accounts properly, one can tell at any point of time whether the business is heading the right way.

Controlling the input of financial investments made in the business and making the right strategies of financial planning are vital for successfully running any business.

Financial planning is a very vast subject that can be understood and executed by professionals on the accounting line. The branches of financial planning include, but not limited to book keeping, accounting, auditing, controlling and skillfully managing taxation due to the government and finally arriving at profit making, through all these indispensable tasks in a concerted manner.

If only each and every concept described above are undertaken efficiently and effectively by neutral third party Accountants, who are experienced professionals solely on this line, any business can have the precise picture of what is happening in the business.

For example, if you are an entrepreneur starting a new business or owning a business house already existing in London, UK, you can seek the assistance of Accountancy Firms in London. They are professionals running a comprehensive service provider job for the needy, in the capacity of Chartered Accountants in London or Bookkeeping Services, London.

What they can do for you is undertaking your business as their valuable clients; interacting with you on all accounting matters A to Z with regard to Accounts, Accountancy and Bookkeeping, Business Plans and Forecasts, Financial Reporting and looking after all tax-related matters like Corporate Tax, Capital Gain Tax etc. In addition they can undertake preparation and submission of all the returns, due to the government from time to time.

Because they are professionals experienced in this line of service for years and owing to the fact that they are freelancers not entwined as such with any particular company or corporate business they can view the financial matters of your business nonchalantly as a neutral third party without any bias. From the experience gained in maintaining the account books of many businesses, they know for sure where the pitfalls may exist in your account books and how to set them right.

This way you are guaranteed with their expert guidance and advice in running your day-to-day business transactions with clinical precision. You can rest assured that your whole business accounting is vested with professional care. Your business will be a law-abiding one, by the timely submission of necessary tax and other returns to the government.

In fact you will be saving considerable money, by appropriate tax planning as advised by these professionals. You will agree that money saved is money earned. Therefore considering every aspects of it, you have everything to gain by engaging the services of these Bookkeeping Services in London.

Three Common Franchising Disadvantages That Do Not Always Hold True

Every type of business format has its own ups and downs, and franchises for sale are no exceptions. However, nothing in the business world is absolute; theres always a grey line between what works and what doesnt. People have developed unfavorable notions about franchising as it evolved, most of which are based on general experiences which, logically speaking, dont necessarily apply to everybody. Here are four disadvantages of franchising and why they may not always hold true:

1.Needs Industry Expertise to Make It Work
Having a background in your chosen industry is an added advantage, but its not always a requisite. Youre always free to explore new fieldsones that interest you and you reasonably believe can bring you more income. Dont shy away from big opportunities just because youre not familiar with them. Theres your franchisor to teach you everything you need to know in running your business. Moreover, if you take time to find trustworthy and competent people to work for you, the higher your odds of succeeding will be.

2.Very Time-Consuming This isnt entirely true. There are franchise concepts intended for people who want to pursue their career track and own a business at the same time. Some franchise owners are passive earners rather than full-time managers, too. Moreover, some franchises in the service and B2B sector follow regular operation hours with weekends off. Its really just a matter of finding the right franchise that suits your lifestyle preference.

3.No Freedom. Corporate Rules. Consistency matters a lot in franchising because a subsidiarys performance affects peoples overall perception of the brand. This makes it necessary for mother firms to minimize deviations as much as possible. Theyll implement the basics and everything else thats been proven to work: the formulas, protocols, uniforms, signage, etc. (these are indicated in the contract). Most forward-thinking companies, though, are open to new ideas and its all up to you to conceptualize ways to improve your business and share it to the corporate. Nonetheless, keep this in mind: a well-meaning franchisor will want you to grow because if you do, they will too.

Instead of letting general notions influence your decision on whether or not to pursue franchising, why not explore franchises for sale first before you judge them by face value. By allowing misperceptions to cloud your judgment, you may be missing out on an opportunity thats both financially and personally gratifying.

The Four Pillars Of Financial Intelligence

You would think it would be easy to get people to admit that they want to be rich and then take action, wouldn’t you? But no, people are very worried about firstly admitting they want to be wealthier, and then very fearful of taking action. So, as a Wealth Coach, I usually prefer to talk about Financial Intelligence rather than Wealth Creation.

In order for people to get excited enough to make the leap and join The Money Gym, we have to talk about becoming a millionaire, and the millionaires we have helped create, because most people can’t often be bothered for anything less.

Unless there are guaranteed results and they are big and compelling enough, people often don’t want to pick up a book turn off the tv, go to workshops and learn anything new, certainly not for anything less than millions. And they want it quick too!

Really, Wealth Creation and Financial Intelligence are very similar animals, but Wealth Creation needs to be underpinned by Financial Intelligence, otherwise the wealth will go the way of the wealth of most lottery or competition winners up the Swanee, spent on fast cars, big houses, champagne and very unsuitable companions!

Actually I just described my old age, if you add in long holidays in the caribbean, purple velour shell suits, with lurid hair to match, lots of bling and unfeasibly high gold sandals.

However, rather than my frittering away my kids inheritance, my old age will be funded from ever renewing wealth, because I will have finally graduated in Financial Intelligence 101 by then.

I’ll come back to the kids inheritance later.

How can you train your brain to think in a Financially Intelligent manner? I like to think of Financial Intelligence as a platform on which you build your wealth. And like any platform, it needs to have a sturdy support, which I think of as….The Four Pillars of Financial Intelligence .

PILLAR ONE

Pillar One is “Managing Your Mind” where you discover where you are now financially, your family history with money, where your beliefs, behaviours and attitudes to money have often come from.

Then you must look at your abundance versus your scarcity thinking and learn how to monitor that carefully because that old scarcity thinking will pop up when you least expect it.

Whenever you find yourself thinking “I can’t afford it” then you need to beware! You are getting into the wrong mind set and closing yourself off to ideas.

Think instead “how could I afford it?”

PILLAR TWO

Pillar Two is “Managing Your Money” and covers budgeting, cashflow management and projections, credit management and debt busting. Knowing the difference between good debt and bad debt (and if you don’t know the difference then you need to read “Rich Dad Poor Dad” by Robert Kiyosaki fast!).

Learning how to pay yourself first rather than paying Starbucks, Vodaphone, your local curry house, Sainsburys, Egg, Total Petrol, and the list goes on

Prince2 Vs Pmbok

One key criticism with PMBOK is it indirectly provides an image of the project manager as a superman/superwoman. This may be the case for construction projects (PMBOKs origins is in the construction industry) but for business type projects such as projects with IT based solutions our experience is that the functional and/or financial authority to make key decisions is actually with senior management and not the project manager.

Project managers also need advice and guidance from senior management and it is them that are best placed to make the key decisions. In PRINCE2 the responsibility for the project is with senior management both customer and supplier. But this does not mean that Senior Management need to get involved in a project on a day to day basis, as PRINCE2 makes use of management by exception tools.

One key criticism of PRINCE2 is that it misses the importance of the soft skills needed by a project manager and is light in the knowledge areas such as scope management & contract management and others which PMBOK provides guidance on.

The recent spread of PRINCE2 across the world (and there are predictions PRINCE2 will easily surpass the number of PMBOK qualified people within the next few years), is because PRINCE2 provides a SINGLE STANDARD APPROACH for the management of a project, whereas PMBOK gives each project manager the freedom to decide on their approach. Many government and global organizations have preference for a single standard approach to be used for all their projects and are adopting PRINCE2 as a result. The other advantage is that people with limited experience can use PRINCE2 whereas PMBOK requires a level of experience to apply its knowledge areas appropriately.

In summary, in addition to other required competencies a skilled project manager is one that has the ability to apply the guidance of PMBOK with the assistance of PRINCE2. A highly skilled project manager also has the know how to apply PMBOK & PRINCE2 appropriate to the risk, complexity and nature of the project but can also adapt it for those fast moving projects. Development of this competency comes with experience.

Your Path To Financial Freedom

Social Media Marketing: Building A Bridge To The Future With Solid Advice/p>

You must take advantage of new and newest ways to use social media marketing techniques before they become ineffective.

Put a Facebook “like” button on the homepage of your website. This makes it easy for readers to “like” your content on the social website. Having this directly on your blog lets your page without having to navigate away from your site. This will give you greater exposure to your site.

You may notice that commercial pages on social media ad pages. It is a clever idea to use attractive images to draw buyers onto your ad. Once they look at your ad, they will be more likely to click through to your site and buy one of your products or services.

Keep in mind that results will not be instant. It takes time to create a viable revenue stream using social media campaign.

Be ready for the negativity associated with using social media. Social media is great when you get praise, but there is also an unfavorable side. Do not turn your back on it but answer them and try to make them happy.

Have patience when using social media site. People must trust what you’re doing and whatever it is you are trying to sell. Take your time and focus on one customer at a good reputation for yourself. In no time you should have tons of customers.

Your website should be tied to your other social networking profiles for increased exposure and a better level of visibility. This is easily accomplished by adding buttons on your site that will let your customers share your content via their own social profiles. These widgets should be on the main page of your website, in blogs posts as well as RSS feeds to help get your consumers to share content that you post.

The tips you’ve read will help make your business a success, and will be able to help you market any future projects, as well. It’s always good to have strong social marketing skills. Make sure you follow the tips listed above in order to pull off a seamless SMM campaign.

Chris Carpenter reveals his new program called The Info Cash. The program teaches Internet how to make use of Facebook and boost business sales. You can have access to this awesome product through this link. http://guideonhowtomakemoneyonfacebook.com/

Car Finance Calculator – A Great Help For Consumers

The many as well as different credit or loan alternatives readily available for individuals today have allowed people from all walks of life and also income degrees the ability to buy their fantasy vehicle. For most folks who make deals to have a new or pre-owned automobile, the possibilities are many because of the availability of car loans in the automobile market today. Nonetheless if you are serious about taking a car finance option, then you must understand the different alternatives present and making use of a car finance calculator would be of great help as well.

A car finance calculator helps you discover an approximation of your regular monthly payments incorporating the finance provider’s interest rate amongst others. In a whole lot of circumstances this is not the exact amount and is only an approximation but this will assist you prepare for the repayment that you should make and also precisely how you may divide your monthly cash flow in between paying your home loan, any other loans as well as home-related expenses such as food items, apparel, childrens education and so on.

The car finance calculator facility is now available on many websites. But when you are about to buy your vehicle, it is advisable that you approach a reputed and experienced car finance dealer. The advantages range from getting a good deal both on the price of the new car as well as on the finance. Big and experienced dealers are able to pass on the economies of scale benefits to their consumers much better than the smaller ones.

They also have the most advanced car finance calculator model software to help you get the best deal possible. There are different ways in which a finance scheme can be packaged and unless you are aware of them, you would be consigned or forced to take what is available. With advanced software and the fact that bigger dealers invariably have a wide network that they can leverage, you are able to get the most attractive deal prevalent at that point in time. In short, you can choose from the many options available and not be compelled to take the one that the dealer offers you.

They would be able to advise you about using a bank loan or take an advance on your mortgage, credit card among other solutions and work out the implications on the car finance calculator for you to know how much you need to pay monthly for your car.

Prior to making use of the car finance calculator at the dealer place, it is recommended that you do some research about car finance and the way it is structured. Just like you would have done a study of the different car models before selecting one, you would need to understand the basic car finance model and how it is offered using the car finance calculator to consumers.

Best Financial Software – Learn How to Get the Right One

So you want to get the best financial software, but you’re not sure where to look? Don’t worry, I’ll help you find the main things to look for in this article.

You see there are a number of factors that you’ll want to consider to determine which the best financial software is. Here are just a few of them:

– Ease of use. The software itself is going to be very easy to use – period. Sure, some products might have a lot more features, but be much more complicated to use! You want something that’s easy and does its job well so you can do other things.

– How it will be used. Are you looking for software for personal use, or for a business? Usually, the ones designed for personal use at home are much easier to use (but have a lot less capability) than those designed to be used by a business. If you have a very small business then the simpler software may work.

– Price. Just like with every other product out there, be sure to consider the price when trying to find the best financial software. Just because one kind is very expensive doesn’t mean it’s the best! At the same time, if you buy the cheapest financial software you may be buying an inferior product. Is that worth saving a few dollars?

– Who will be using it. This kind of goes along with ease of use. If you have someone who’s great with this stuff, then it might be a fairly complicated program for them. However, if the person is not very experienced with this kind of software, try to get a simpler, more basic program to start.

– Flexibility. The best financial software has a lot of flexibility built into it. That way if you need to do something out of the norm, it’s not too difficult to figure out what to do.

– Online reviews. Are you reading the online reviews about this software? You should! With the internet so big now, it’s easy to find reviews on almost any kind of financial tracking software you can think of.

In conclusion, you have quite a number of things to look for to find the best financial software. And remember that what’s best for you may not be best for me.

Phoenix Financial Planner

Phoenix Financial Planner A financial planner typically prepares financial plans for his or her clients. The kinds of services financial planners offer can vary widely. Some financial planners assess every aspect of your financial life-including saving, investments, insurance, taxes, retirement, and estate planning-and help you develop a detailed strategy or financial plan for meeting all your financial goals. Other professionals call themselves financial planners, but they may only be able to recommend that you invest in a narrow range of products and sometimes products that are not securities.

When hiring a financial planner, you should know exactly what services you need, what services the planner can deliver, and any limitations on what he or she can recommend. In addition, you should understand what services you are paying for, how much those services cost, and how the planner gets paid. Financial planners charge for their services in different ways: some charge either a fixed fee or an hourly fee for the time it takes to develop a financial plan, but do not sell investment products; some are paid by commissions on the products they sell; and others use a combination of fees and commissions.

Financial planners may come from many different educational and professional backgrounds. If you are considering using a financial planner, be sure to ask about their background. If they have a credential, ask them what it means and what they had to do to earn it.

Some financial planners have credentials like CFP certification or CFA (Chartered Financial Analyst). Find out what organization issued the credential, and then contact the organization to verify whether the professional you are considering did, in fact, earn the credential and whether the professional remains in good standing with the organization. For a helpful list of various financial industry credentials (including the name of the issuing organization and any education or experience required to attain the credential), please read FINRA Understanding Investment Professional Designations.

The Certified Financial Planner Board of Standards also has brochures – What You Should Know About Financial Planning and Questions to Ask When Choosing a Financial Planner – that will help you identify a financial planner who is right for you.

Financial planners who give investment advice to their clients must register with the SEC or the appropriate state securities regulator. For more information about investment advisers, read the publication entitled Investment Advisers: What You Need to Know Before Choosing One.

Shrimp And Grits The History And Recipes

For generations, eating shrimp and grits is commonplace for people living in the Charleston, South Carolina area. Shrimp and grits is the typical breakfast for many of the Charleston area fishermen during the shrimping period, which ordinarily runs from May through December.
Grits, often served as side dish for breakfast or dinner, can also be the main course, with milk and butter. The corn-based meal has become a staple offering in diners as well as reputable restaurants for the past few years. The popular cuisine of coarse corn grains has been embellished, made over and given a new twist in a variety of ways as chefs try to make a new variation on the basic shrimp and grits recipe.
You might wonder what grits are made of. Grits, previously called ‘hominy’ is ground up corn that has been mashed, and this originated with the Native Americans from the Carolina region. Grits were used a way for Native Americans and white people to communicate in the latter part of the 16th and the beginning of the 17th centuries before people learned how to speak the same language. An important event happened in 1584, when Native Americans gave some of their grits to Sir Walter Raleigh, as well as the people who came to live in Jamestown, Virginia a few years later.
The settlers were guided in their agricultural pursuits regarding corn by the Native Americans, who were well versed in that area. Several items soon became basic food sources for the colonials, including corn and the grits produced from it. These items had been a normal part of the Native American diet for a long time.
Centuries later, in 1976, grits was declared the official state food of South Carolina, and noted for its vital contribution to the culture and the economy of South Carolina, as well as to the sustenance of the people living there. The region stretching from the Carolinas to Louisiana is now referred to as America’s ‘Grits Belt’.
To many people living in this region, a day without grits is like a day without sunshine. They hate and have no respect for pre-packaged instant grits, or quick grits. For them the only way to make real grits is the old fashioned way with stone ground grits cooked slowly. There are, however, some ways to spice up the meal such as adding shrimp. Many recipes for shrimp and grits can be found online or in regional recipe books.

Small Installment Loans-Convenient financial assistance for quick relief

Short term and unforeseen financial expenditures often create disturbances in life. The assistance of small installment loans is powerful financial tool that let you arrange the desired loan money with ease and flexibility. Thus, to overcome your financial troubles without undergoing any fuss, check out this monetary aid for better and effortless financial support. It would let you arrange the money for meeting your fiscal troubles at ease.

The assistance of small installment loans is quick and hassle free in nature that helps you to get over your low financial standings with ease. You need not have to arrange any valuable asset to pledge against the loan amount. Funds that you are allowed to borrow can be ranges from $100 to $1500 with swift repayment period of 14 to 31 days. To match up with your financial budget, spend this loan money for meeting any desired purpose such as meeting medical care costs, grocery bills, utility bills, tuition fees of your child, credit card dies etc.

Quickly qualify the mentioned below eligibility criteria to get the assistance of no credit check small loans, such as:

1. Permanent citizenship of US

2. Bank account not more than three months old

3. Regular employment from the past same six months

4. Complete the age of eighteen years or more

5. Earning should be at least $1000 per month

If your credit scores are no so perfect and you are facing some monetary pressures, small installment loans are still for you. There will be no credit pressures. Therefore, even if you are tagged with several bad factors like insolvency, foreclosures, skipped payments, late payments, arrears, defaults etc., you can still enjoy this loan aid. One need not have to face any credit issues at all.

Internet is the great technology that let you enjoy the finance right away with the comfort of your doorway. You need not have to visit to lender to lender in search of the loan deal. PC with internet connection will let you enjoy the loan deal at most reasonable rates. Moreover, application does not demand long hours. Just a single online application form is required to be completed with few personal details. Loan money will transfer in your checking account once you are approved.

In order to remove the financial distress that arises due to shortage of finances, apply with small installment loans for better and swift monetary aid.