5 New Lease Accounting Rules For Lessors
In 2016, the US federal government changed the accounting standards for lease agreements. These new standards, going into effect in 2020 and 2021, present several challenges for lessors. In order to keep their books in compliance with the new rules, lessors have to change several aspects of their recording process. To do this, they must first familiarize themselves with the new rules and processes. Here are the most prominent new lease accounting rules for lessors. Initial & Subsequent Valuation The new
How To Choose The Best High Yielding Accounts
High yielding accounts offer an incredible method of growing funds and capital. They do so by offering interest rates that are much higher than a normal checking or savings account. As a result, many people use high yielding accounts to build emergency funds and save for large expenses, such as down payments on a home. Large investments present another great example of high yielding account usage. As an investor yourself, you may be in the market for a high yielding account
5 Effective Software Tools To Cut Costs In Your Business
There are so many costs you have to deal with when starting a business, and it can seem like there’s never an end to trying to cut them. But there are a few ways to recoup money for your business if you use the right software. In fact, software itself can cut a lot of costs by eliminating manual processes. Here’s some software that can cut down on more costs and return money to you. Sales And Marketing Software The marketing
How To Invest In A Beach Front Costa Rican Villa Rental
If you want to invest in a rental property, Costa Rica villa rentals provide some of the best returns for property investments. Customers will book a villa on the beach for most of the year because of the warm weather and low costs. With excellent infrastructure and minimal expenses, seeing a return on a rental property in Costa Rica is great supplemental income, especially in the area’s real estate market. Investors from all over the world have been flocking to Costa
Why Outsource Human Resources Administration For Your Small Business?
There are various reasons to outsource human resources (HR) administration for your small business. Experienced HR professionals have deep understanding of many processes such as payroll, onboarding programs, and more. Additionally, several of these regulations and processes have severe consequences when they are not followed. As a small business owner, outsourcing HR administration helps mitigate legal risks and enables you to focus more on core business practices. Read on to discover why to outsource human resources administration for your small business.
A Comprehensive Guide To Financial Education For Investors
2020 is drawing to a close as one of the most disruptive and unusual 12 months that any of us can remember. While the chaos and confusion of the 2020 Presidential elections continue with a host of legal challenges in the works, investors seem eager to put the saga behind them. A Return To Normalcy U.S. stocks have enjoyed minor rallies in the weeks that since the election. The suppressed mood has been buoyed by news that Moderna plans to release
How To Create A Disaster Preparedness Plan For Business Recovery
There are many ways to make a disaster preparedness plan for business recovery work. Natural disasters and related emergencies often have a significant impact on business infrastructure, profitability, and daily operations. In fact, about 25% of businesses that close due to a disaster do not reopen. As a business manager, creating and implementing a disaster preparedness plan is imperative in ensuring the continued operations of your business. Read on to discover how to create a disaster preparedness plan for business recovery.
5 Advanced Google Analytics Classes To Become Certified
There are many Google Analytics classes available online and in-person. These classes teach how to leverage this valuable free tool to improve marketing strategies. For a fee, several of these courses offer certification upon completion. When properly leveraged, Google Analytics can provide insights on trends, consumers, and market demographics. Indeed, it’s one of the best analytics tools for business owners. As a marketing professional, you can learn some of the more advanced Google Analytics processes from these classes. Read on to
How To Host An Inclusive Virtual Meeting With Your Remote Team
There are several dependable strategies to host an inclusive virtual meeting with your small business team. Remote meetings have become an popular option for businesses looking to improve connectivity and keep staff engaged. As a small business owner, you may have already even tried hosting a virtual conference with your team. However, since virtual meetings allow participants to connect from anywhere, they are accompanied with a unique set of challenges. Fortunately, there are several reliable strategies to help you prepare for
How To Create A Social Media Calendar
Many of today’s marketing professionals have been turning to social media calendars due to their proliferation throughout the internet. These calendars are used to organize and plan social media posts and content in advance. Using the best editorial calendar tools, marketing professionals can schedule posts days, weeks, or even months in advance, saving them time. Additionally, many marketers use them for editorial content that provides a template for social media postings. As a marketing professional, you should be searching for ways
5 Top Workflow Solutions That Boost Team Efficiency
Due to advancements in automation technology, many businesses implement workflow solutions. These solutions cut down repetitive tasks and allow more efficient collaboration. All employees become more productive as a result, whether you work on a remote team, are full-time, or a freelancer. As a business manager, you should understand that boosting employee productivity frees up more time for growing the business and building consumer loyalty. Moreover, there are many workflow solutions out there that increase efficiency in various ways. Read on
How To Make A Corporate Presentation Impactful
There are several important steps to make a corporate presentation impactful. If you’ve ever been moved by a successful presentation, you know it entails more than an attractive slide show. Importantly, marketing professionals need to impact and engage with the audience to deliver a strong presentation. Surely, if individuals feel emotionally connected, they’re more likely to pay attention to your message and listen to what you have to say. Whether you’re pitching to investors or potential sales clients, engagement is essential
The Data Room Due Diligence Checklist For Businesses
When acquiring or investing in a business, a data room due diligence checklist offers the top priorities for businesses. Virtual data rooms are highly secure spaces for reviewing business documents including trade secrets, NDAs, sensitive financial information and transaction details. When maintained properly, virtual data rooms streamline the due diligence process. Investors can access key documents and perform their checks carefully. Follow this data room due diligence checklist for businesses in the investment or M&A process. Corporate Structure And Laws The
How To Lower Freight Costs Through Package Consolidation
Businesses rely on parts and materials for their products. In order to be competitive, they need to have efficient logistics. While most businesses cannot buy a shipping container to lower
How The Latest IoT Trends Promote Industry Growth
We live a fast-paced world that is constantly surrounded by technology. For entrepreneurs, it’s important to keep up with the specific IoT trends. IoT can eliminate human-to-human or human-to-computer interaction,
How To Develop A Project Plan For Your Team Members
Project plans can be stressful, no matter how big or small the project is. For project managers, making sure you have a bulletproof plan is crucial to the success of
How To Get A Tier 1 Entrepreneur Visa For Your Startup
Businesses thrive in the UK when business owners obtain tier 1 entrepreneur visas. As an entrepreneur considering starting up a business over seas, you need a tier 1 entrepreneur visa.
How A Digital Signature Service Protects Small Business
Our world is surrounded by technology on a daily basis, especially when it comes to small business owners. When it comes to the use of digital signatures, small businesses have
The Ultimate Restaurant Supply Checklist Before Opening
New restaurant owners create restaurant supply checklists prior to their grand openings. Unfortunately, some of those checklists lack essential items. Contrary to what some believe, restaurants need a lot more
4 Ways Corporate Events Boost Productivity And Morale
Sometimes, work events get a bad reputation. Too often, employees and employers alike view office events as boring at best, and a waste of time at worst. This attitude is
5 Benefits Of Taking Leadership Classes For Entrepreneurs
In today’s society, no one wants to be a follower. When it comes to entrepreneurs, being a leader is the only option. It takes time and practice to reach the
5 Criteria For Choosing Overhead Crane Manufacturers
Working in an industry that involves overhead cranes can create many different questions when it comes to the logistics of owning one. While crane rental is a great option, there
An Analysis Of The Co-Living Start Up Business Model
Co-living has become a widespread phenomenon throughout the world. This sharing economy involves housing complexes and communal arrangements that can benefit its occupants. Most of these living arrangements offer fully
What To Look For In A Business Flight Account
A business flight experience ranges depending on the airline. As a business owner whose employees travel often, that experience is crucial. After all, positive experiences can take a small business
5 Must Have B2C Software Features For Startups
Business to Consumer (B2C) companies are common and, therefore, competitive. As an entrepreneur starting up your own B2C business, you need the right tools to knock out your competition. This
How Your Small Business Can Make A Social Impact
Among the many challenges facing small businesses today is the need to create a strong social impact, one that reaches their target audience and also helps to create a positive