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 Build A Successful Photography Business From Scratch
Photographs are a way for people to capture special moments that will last for a lifetime. The photography industry has been around for a long time; however, it recently has
How Joint Loans Help Married Couples Grow Personal Wealth
The term “joint loan” is a common one that you may have heard throughout your life. However, you may not have looked into it until you got married. As a
How To Manage An Appointment Schedule For Virtual Teams
Online businesses are growing. Remote work is becoming more and more popular. This creates many more business opportunities for entrepreneurs and more job opportunities for professionals. As an online business
How A Poor Credit History Can Hurt Your Business
Poor credit history can be major financial impediment for individuals and businesses. The success and stability of the financial sector is dependent on people effectively managing their debts. A well-established
Crucial Compliance Training Sessions To Anticipate Common Small Biz Issues
Compliance training is government mandated training for employees. It is designed to ensure understanding of laws and regulations. It is relevant in every industry for liability purposes. If you work
How Black Belt Training Helps HR Managers Streamline Problem Solving
Lean Six Sigma is a set of techniques and tools designed to produce features that are 99% defect free. Six Sigma is now considered one of the most desirable certifications
How To Make Employment Tests That Improve Employee Retention Rates
Employment tests are becoming a common part of application procedures. These tests can be a useful tool in determining if candidates are acceptable for the job. However, they can also
5 Steps To Forming A Corporation To Protect Your Business
Forming a corporation is a smart way to start a company. A corporation not only lets a small company locate new investors without changing their corporate structure but also protects
How To Keep Your Best Employees Loyal And Committed
Do you love the work that your employee does, but worry that he or she might take their expertise elsewhere? Having to train a new hire is time-consuming and can
5 Lessons From The Best Business Plans Have In Common
All business owners strive to create the best business plan. They struggle to determine the most important factors and how to effectively portray them in their plans. Whether you want
Most Vital Work Insurance Plans To Protect Your Small Business
All businesses have risks. That is why they need insurance to protect themselves enterprise wide. In response to this, insurance companies offer a wide range of work insurance options for
How To Succeed After Business Failure And Move Forward
Here’s the thing: Not every business succeeds. You can see that any holding company might have multiple business failures. Sometimes, you can do everything right, from planning to execution, but
5 Vital American Dropship Suppliers Features For Streamlined Delivery
As an operations manager, picking the right dropship supplier is key. American dropship suppliers offer convenience in shipping speed and costs. In addition to these factors, each dropship supplier offers