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5 Financial Activities Commonly Outsourced to a Bookkeeping Firm

Ginger Hale / July 27, 2020

Most business owners are aware of outsourcing accounting services but often find it hard to choose which tasks to delegate to a third party. Many concerns complicate the decision, such as budget constraints as well as issues with authority. In which case, the most sensible solution is to determine which functions yield the most return of investment.

Indeed, while the question of what to outsource varies according to the needs of each company, there are specific activities most likely delegated to a third party, regardless of the unique requirements of the business.

Repetitive business tasks

Financial tasks are always repetitive. … Read more

The Costs of Poor Business Website Design Choices

Ginger Hale / July 8, 2020

Professional web design is not cheap. Don’t expect high-quality sites to be obtainable for free or a rock bottom price. In the UK, the cost can be in the £400 to £900 range. Web designers at https://xist2.com/ offer competitive pricing, but they most certainly cannot provide integrated designs at zero cost.

It takes creativity, knowledge about the latest trends and competent technical skills to come up with great site designs. It’s understandable why designers don’t settle for prices that don’t match the effort and time they spend on a project. But, enough of the emphasis on spending for quality web … Read more

3 Ways To Improve Your Financial Health

Ginger Hale / January 30, 2020

“Personal finance” is a term which refers to the way you manage your money and how you plan for the future. All of your current financial decisions and activities have an impact on your financial health, both now and in years to come.

Often, we are guided by certain phrases or “rules” which have been passed through the generations, such as “don’t buy a house which costs more than 3 years salary” or “you should save 10% of your monthly income for your retirement”. Whilst many of these wisened quotes stand the test of time and truly are helpful, it … Read more

Business Finance Online, Business Opportunities, Business Plan, Center For Small Business Finance, Finance Accounting, Finance Advisor, Finance Agency, Finance Analysts, General Article, International Business Finance, Wealth Management Careers, Wealth Management Companies, Wealth Management Internship, Wealth Management System

Advantages of Finding Funds through Receivables and Factoring Funding

Ginger Hale / August 7, 2019

Slow cash flow movements are often a problem that prevents your business from developing more successfully. One of them concerns the problem of accounts receivable (granting loans to other people or companies). The receivable collection process is quite long causing delays in the smooth running of the company’s balance sheet.

If it continues, this can cause serious problems for your business. It is not possible, right, you run a variety of operational activities without having an adequate availability of cash. Therefore, it is important to deal with it well from the beginning to avoid the impact or risk that will … Read more