Why Your Small Business Needs To Hire An Accountant Now


Accountant vs Book keeperSmall business owners wear many hats, but “accountant” should never be one of them. Sure, everything may seem fine, but you could be inadvertently constraining your own success and profitability. What you don’t know could be costing you more money than you realize. Here are three reasons to hire an accountant now.

Bookkeeping Is Not Accounting

Depending on the size of your business, user-friendly software like QuickBooks is probably adequate for tracking payroll, business expenses, and invoices. Bookkeeping duties don’t eat up much time for small businesses with fewer than 30 employees. Often, the owner or a part-time bookkeeper is enough for managing the day-to-day tasks. While bookkeeping is great for helping you manage your business budget, it doesn’t take care of all your business’s financial needs.

A professional with a masters in accounting has the training to offer strategic advice to grow your business. Accountants produce in-depth documents, such as profit-and-loss statements, that allow you to better analyze your business practices. They can coach you about depreciation of your assets and re-structure your business for increased profitability. Additionally, accountants offer a wealth of expertise when negotiating credit or securing capital. Read more of this post

How To Deal With Negativity


wealthymatters.comThere was once a small child who was moved to a different region due to his father’s job. It was the first day at his new school. He came home crying that the students were making fun of him being too thin. His parents tried to convince him that such things do happen in the first few days at a new school and it will be fine once he makes new friends. However, this continued for many days and everyday he would come home crying about the same thing.

One day, he told his grandmother when she visited him. He said “Grandma, I have never hurt anybody, I have never done anything bad to anyone, but why do they keep teasing me every day?” Understanding the situation of her grandchild, she gave a small task for him to do the next day.

She said “Tomorrow, carry a bottle without cap having water filled up to the brim. You should not let even a drop of water be spilled out till the end of the day and you should bring it home with the same amount of water. If you do this, the other children will not tease you.”

The child sincerely did as told and came home merrily the next day saying that none of the kids teased him. Grandma replied “This is how it works my child. People keep passing comments, no matter how perfect and good you are. To survive and be happy, you should change your focus towards your passion and motivate yourself to achieve it instead of caring about those comments. The other children did tease you today but you ignored them as you were focusing on spilling the water.

The secret is, not to give ears to what society has to say but focus on what you really like and proceed to live doing the stuff you love.

Mistakes To Avoid When Looking For Home Loan


Home Loan ChecklistBuying a home is one of the biggest decisions we can make in life. It is our single largest commitment in our lifetime. However, for people who are not financially ready, the process of obtaining the right type of home loan from banks is always a challenging task. If you can’t get proper financing, you may end up paying thousands in interest payment alone to the banks. If you will not take time to avoid these mortgage mistakes or if you have not been educated on what you should be doing to take control of your destiny as far as getting a home loan is concerned, you will end up losing your hard-earned money in the process.

If you are planning to invest, structuring a mortgage financing correctly is an even more difficult task because this may mean the difference between profit and loss. Below are the most common home loan mistakes that you need to avoid. Also check this checklist for home buyers by the Department of building and housing NZ. Read more of this post

Here’s How To Be A Success


Try Your Luck Calling The Lucky 6


Lucky 6Know your brands? Love them?Watch the stock markets and follow share-price movements carefully? Then the new free to play social game, Lucky 6 from Fat Cat is just the thing for you.

Lucky 6 is a truly free, fun, competitive and engaging social game that offers you the chance to win a lottery-style cash jackpot and other grand prizes.

Lucky 6 is based on a simple lottery format, with famous brand names replacing spinning balls. You, the player, pick six favourite brands and watch the game progress over the course of the day.  During the game the rankings of each brand constantly change, based on the positive movement in the company’s share prices. And you can watch as your favourite brands move up and down the leader board and you move in and out of the money. You can post your rankings to friends and challenge them to see whose combo ranks the highest. At the end of each game, the six top ranked brands are the winning combo. Read more of this post