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Free small business accounting software

Free small business accounting software focuses primarily on assets. Assets can be described as valuable resources owned by a company, which were acquired at a measurable monetary cost. As an economic resource, they meet three requirements. First, the resource must be valuable. A resource is valuable if it is cash/convertible to cash; or it may provide future benefits to the company’s operations. Second, the resource must be owned. Mere possession or control of a resource would not constitute an asset; must be property in the legal sense of the term. Finally, the resource must be acquired at a measurable monetary cost. In cases where an asset is not purchased for cash or a promise to pay cash, the question is how much it would have cost if it had been paid for in cash.

Assets on the balance sheet are listed in order of liquidity – how quickly they are expected to be converted into cash – or in reverse order, that is, fixed or least liquid (fixed) price first followed by others. All assets are grouped into categories; that is, assets with similar characteristics are placed in one category. Assets included in one category are different from those in other categories. The standard classification of assets divides them into fixed assets, current assets, investments, and other assets.

Fixed assets are fixed in the sense that they are acquired to be kept in business long-term to produce goods and services, not to be resold. Unlike fixed assets, current assets are short-term in nature. They refer to assets/resources that are held in the form of cash or are expected to be realized in cash within the accounting period or the normal operating cycle of the business. Investments represent the investment of funds in securities of another company.

Dream Video Productions Miami

Dream Video Productions

Dream Driven L.L.C. is a Miami-based multimedia production company led by Rae Brown, a former freelance industry video director. Brown began building his company while still in college, after completing a degree in music business. His experience in the music industry led him to develop a passion for creating videos. His clients include the likes of MTV, VH1, and many more. Here, he offers the services of a video director and editor for a variety of media and entertainment projects.

For creative concepts, you need a great video production company, and Merge Studios is a good choice. This company has a great team of producers, digital editors, sound operators, and more. Their Miami video studio also makes booking locations for your shoot easy. With Peerspace, you can make a booking with ease and get everything organized. Here are some of the things you should consider when booking your vvideo production miami:

If you’re looking for a team that can produce top quality videos for your business, Accord Video Productions can meet your needs. The company has been in the video production business for over 20 years, and they have created commercials, reality shows, and training videos for clients. They also produce multicamera event coverage for sports, concerts, and big fundraisers. For more information, visit AccordVideoProductions.com.

Dream Video Productions Miami

If you are looking for a video production company in Miami that creates visually stunning content, then look no further than Bonomotion. Founded by Bernard Bonomo in 2003, Bonomotion has helped over 3100 companies achieve their creative goals. From commercials to corporate videos, the agency specializes in everything from cinematic video production to film support services. Its wide array of services include corporate video production, music videos, real estate video tours, and special event coverage.

If you’re searching for a Miami videographer, you may want to consider Diego Pocovi Cinematography. The one-man show has over 25 years of experience and has produced everything from celebrity weddings to TV documentaries and commercials for major brands. If you’re not sure where to shoot your video, Peerspace can help you find stunning spaces that can be rented by the hour.

Several Reasons Why Most MLM Startups Fail Online

When you think about what it takes to be successful with an MLM business, the first thing you need to think about is execution. Without a solid strategy, MLM businesses are likely to fail in the first year. To have a truly successful network marketing business, you need to have certain things in place. Any marketing business that relies on networking must have a solid strategy and execute it smoothly at the highest levels of the business. This is necessary for the lower levels to be successful and properly accentuate the product. Here are some of the most common ways that MLM businesses struggle and what can be done to make them succeed when others fail.

One of the first problems is that MLM companies do not have a training system. Either they have a bad way of training the money-makers, or they don’t train them at all. While this is pretty obvious as a problem for these companies, you’d be surprised how many of them rely on their trainees to find and market the product or service their way. They just stand up and say, “Go out and sell!” and hope you get results. While you may come across the occasional superstar who needs little direction, the vast majority of your potential marketing levels will be affected.

The easy solution to this is to create a training system that teaches how you want your marketing or selling done. Most people are eager to learn, because they understand that their pockets are directly affected. Multi-level marketing will quickly collapse without a solid training system for all levels.

Another big problem with unsuccessful MLM companies is that they are marketing an unproven product. Only the best products respond well to the MLM approach and your business should focus on such a product. If you sell garbage, you will fail. It may take weeks, months or years, but eventually you will see your MLM business come crashing down around you.

Competition is another key element in the success of multilevel marketing. If you really want to make some money and have a long-term business, you need to know your competition. This does not mean that you walk away from a solid product just because some people are already selling or marketing it. It means that you stay away from the products that everyone sells. Get to know your competition and make sure there is room to give them a slice of the MLM pie. You’ll be much better off in the long run.

While there are certainly other mistakes one can make that could cause an MLM company to fail, these are the most common. Avoiding these common mistakes will ensure that your MLM business at least covers the basics and then you can move on to making even more money with some sense of ease. MLM businesses run smoothly when the process is the same from top to bottom. That must be the goal from the beginning and must continue throughout the life of the company.

How to change your small business strategy during the COVID-19 crisis

Easy ways to create a coronavirus crisis management plan
As small business owners, we are prepared for many things, whether it’s a seasonal change in sales or an unexpected employee absence that we need to step in and cover.

But we have never seen anything quite like the COVID-19 pandemic, leaving us unsure how to deal with these strange times.

I know this is a scary and isolating time both personally and professionally. I hope you are staying safe and healthy, and that this article can help you plan for business challenges related to the coronavirus.

I have personally had to turn around many times as an entrepreneur and while it can be stressful, it can also be a time of innovation and growth.

As you create your business coronavirus crisis management plan, here are a few things to focus on:

The importance of helping on the sale

I understand you have a business to run, and I’m not suggesting you start giving things away or risk your health to open a store. What I recommend is that you take a step back and think about your community as you run your business.

Perhaps there is a way that what you offer can help people in this difficult time. One of our clients, The Broken Whisk, has had to stop serving customers at their Agassiz, BC restaurant. Instead, they created a select menu of gourmet meals for just $5 each, which can be ordered ahead and picked up.

And his Facebook post not only gets likes and shares because it’s a delicious offer and a way to give back to the community, but it also started a chain of charitable donations. More and more people are donating money to buy meals for those in need.

Is there a way to adapt your current marketing model to better serve your customers and community?

Online events and offers

Obviously, organizing a conference or an awards dinner is prohibited at this time. A large part of your planning for business challenges related to COVID-19 will include an online marketing strategy.

Think of a few ways you can still connect people from the comfort of home, including webinars, live Facebook videos, and virtual conferences using tools like Zoom. And don’t just focus on coronavirus-related content. Keep producing videos that will benefit your small business’ marketing strategy long after the COVID-19 crisis is over.

This is a good example of a turn to online marketing. A Stroke of Genius is a client of ours located in North Vancouver, BC. As an interior decorator, Barbara Aylesworth has built her business by working directly with clients and manufacturers. However, with the COVID-19 crisis, she had to change her marketing strategy to include virtual consulting and project management.

Barb is also inviting people to submit their photos of the decorating and design challenges via Instagram, then offering to submit their ideas for possible solutions.

This is a fun and inspiring way to get your community involved when people need it most!

Should you stop trading during COVID-19? Read more on our website.

Unless you sell toilet paper or hand sanitizer, you may be concerned about the impact of the coronavirus on your small business; your revenue, employees and empty marketing funnel. So does that mean you should hunker down and stop your marketing efforts for now? Nope!

I strongly believe in focusing on what we can do and change while finding the opportunities in the midst of adversity. In this article, I share some ways you can tackle the challenge of marketing during a crisis and keep your business going.

Business planning for future growth

Of course, you need to respond to the COVID-19 pandemic with the right message, but don’t have tunnel vision when it comes to your marketing strategy and ad dollars.

While consumers are spending more time online, they are unwilling to make decisions about the future right now. If you have a service that requires your customers to plan ahead or travel, your conversion rate will take a hit during the outbreak. So don’t expect the same content and ads that were driving traffic before the pandemic to continue to appear.

But not all is lost! This can be an opportunity to engage with your customers on social media and increase your brand awareness with content and even paid advertising. With paid ads, you may even find that you have less competition online during an economic downturn, which means you’ll pay less for more views and clicks.

From promoting spring-themed gift cards on your website to creating helpful articles on financial planning during COVID-19, give your customers a reason to stick with you, even if the pandemic is bringing you more business. .

For example, Your Yoga Flow is an online application that offers virtual yoga classes. If anything, they are seeing a spike in sales as people try to stay active and healthy while cooped up at home. Not just selling their services, but providing a free meditation during “these tough times”, they increase brand awareness, give something back, and stay top of mind.

If you’re willing to look ahead while creating your coronavirus crisis management plan, you’ll be better positioned to stay relevant and re-market to your audience at a later time.

Empower your employees

According to recent statistics, more than 500,000 Canadians, or about 2.5% of the workforce, have already filed EI applications. If you haven’t had to make tough decisions about laying off people, how can you keep your team busy and optimistic about the future?

Here are some ideas:

  • Offer training opportunities to help your team and your company in the long run, whether it’s getting a new certification or reading relevant industry books.
  • Consider making vacation policies or work hours more flexible to accommodate employees whose children may be out of school, for example.
  • Share jobs between departments to increase responsiveness to your customers.
  • Involve your team in “after” projects or things you’ve put off because you were too busy before.

If your team is working remotely, make sure you check in with them often. A daily virtual coffee or 15-minute meeting to see how everyone is doing can be vital to the mental health and well-being of your team.

No matter what kind of business you have, your customers are looking for help and security right now. As you develop your coronavirus crisis management plan, keep in mind that everyone is being bombarded with message noise.

That means emails from every business you’ve ever followed on social media, purchased a product, or signed up for an email newsletter! As your small business marketing strategy changes to survive the COVID-19 crisis, make sure all of your communications provide concise, meaningful, and relevant information.

The more value you can offer your customers right now, the more successful you will be as we shift to a new way of marketing and emerge from a global crisis that made our world so much smaller.

Book Review: Gorillas in the Mist by Dian Fossey

Dian Fossey was brutally murdered in 1985, her skull split open by her attacker(s) with a machete, the type commonly used by poachers. She was found in the bedroom of her cabin in the Virunga mountains, Rwanda, and she had apparently tried to load her gun during the attack. To this day, her killer or her killers have not been found.

While Fossey worked primarily as a zoologist in the mountainous forests of Rwanda, she was also involved in strenuous and time-consuming anti-poaching activities. While it was illegal to poach gorillas in the Virunga mountains, this law was hardly enacted by local authorities, who would virtually turn a blind eye. Fossey took it upon herself to watch for poachers and confiscate their traps. Speculation abounds as to whether she was killed by poachers or whether the Rwandan authorities grew tired of her presence and determination to protect gorillas from human intervention, whether for tourism purposes or poaching them to European zoos. .

Fossey described his conservation type as ‘active’. The meaning is quite clear. She was a practical practitioner who believed 100 percent in enforcing the law and making those who break it pay the penalty. She disparagingly characterized ‘theoretical’ conservation as the kind that ticked all the boxes, but didn’t do the hard work of application. Theoretical conservation were all declarations of motherhood, while active conservation meant taking risks and risking themselves to achieve positive results, even when this disturbed the status quo or threatened the interests of a powerful few.

Eighteen years following and making contact with gorillas

Gorillas in the Mist is Dian Fossey’s memoir covering her 18 years of closely following and making contact with groups of gorillas in the mountainous forests of Rwanda. Fossey began his work in the late 1960s and was still active in fieldwork until his death in 1985. This was hard, unglamorous work that demanded a certain level of fitness and strength (one is amazed at the Fossey’s nicotine addiction and how he managed to track gorillas through such difficult terrain with his emphysema worsening). The weather was often wet, and Fossey in one section of the book describes a typical day in which he wakes up and has to put on wet clothes and then fight his way through the dense mountain vegetation to follow the gorillas.

Fossey’s style is often light and cheerful, and he likes to crack jokes. Describing the gorilla’s habit of eating its own dung (perhaps, it is speculated, for vitamin B12 that is fermented in the stomach), she called the food “instantly heated TV dinners.” The breeze of the narrative and her uncomplaining attitude in the face of hardship is occasionally interrupted by passages of terrible pain and trauma. When one of the gorillas, Digit, is killed by poachers, Fossey recorded her feelings in this deeply moving passage:

“There are times when one cannot accept the facts for fear of tearing one’s self apart. As I listened to the news of Ian, Digit’s entire life, from my first meeting with him as a playful ball of black fluff ten years earlier, flashed through my mind. From that moment on, I came to live inside an isolated part of myself.”

There would be many more gorilla deaths due to the activities of poachers. The reason so many gorillas die is that when poachers try to kidnap one of the youngest gorillas, all members of the family fight to the death to protect them. Fossey had many of these gorillas buried outside her cabin, where she too would eventually rest.

A social history of mountain gorillas

What is most remarkable about Gorillas in the Mist is that it presents a social history of the various groups of gorillas that Fossey studied and the family groupings within those groups. Fossey named all of the gorillas he followed and also described in detail their personalities and the strategies they used to survive and thrive in those groups. As you read about the different gorillas and their interactions (great gorilla personalities like Digit, Macho, Uncle Bert, Beethoven, Effie, Peanuts, and Coco), you almost begin to merge the gorillas with human personalities. Thus, Gorillas in the Mist almost reads like the story of a group of people. Of course, Fossey provides much of the other zoological information he learns about gorillas, such as dietary and mating habits, but overall the book is concerned with the personalities and politics of gorilla groups.

The reader leaves Gorillas in the Mist with a deep respect for Dian Fossey. Surely she must have been half crazy to take on the hard and physically demanding job of tracking gorillas. Only a totally obsessed person could put up with the conditions, the non-existent pay, and the constant fight with poachers. But as Fossey always told her students, her pay was the privilege of working with the gorillas. Fossey was no airheaded idealist either. He knew how poor the people of Rwanda were, how overcrowded and hard-pressed they were for the land, and that conservation of the gorilla population was the last of his pressing problems.

Gorillas in the Mist is a unique journey into the mountainous forests of Africa to meet a society of gorillas and experience their struggles and joys. It also raises many complex questions about the ethical treatment of animals and human responsibility for nature conservation.

Gorillas in the Mist, by Dian Fossey. Posted by Phoenix. ISBN: 9-780753-811412

Questions Investors Are Likely To Ask You

Getting your startup funded is no small challenge. It’s even more difficult when your startup is at an early stage when there is no “field” test that can indicate the chances of your success, such as a working product, satisfied customers, stable income, etc. In the early stage of a startup, founders need to prove to investors that the company not only has a great product with a clear market fit, but also show that they are capable of guiding the company through the next stages. and ultimately succeed. As preparation for meetings with potential investors, it is not enough just to master the business plan and intimately understand the business model, but also to work hard and prepare for the actual conversation with investors. What does it mean? First, you need to know and understand the possible questions that investors might ask, and be prepared to answer them thoroughly, accurately, and impressively. These will include personal questions on your resume, as well as questions about technology, business, and finance. It will most likely be around 20 questions; Here are some examples:

1. How complicated is your technology? How is it protected? Is it easy to copy it?

Especially in a technology company, protection against theft and copying is very important and provides security to investors, who can guarantee that it is a significant technological innovation. In the event that the specified product requires strong QA testing, software validations, license authorization or regulatory approvals, it is recommended to start these very early in the project as they are likely to be time consuming due to their nature. Any type of approval of this type will increase the value and prestige of the company for investors.

2. How many months are required for each stage of the development process?

Some of the ideas and projects have a small window of opportunity to penetrate the market. In such cases, it is important to show that the startup can complete the development stages in a fairly short time (months), without contradicting that although the development is quite fast, it will be relatively difficult to copy the product.

3. Who are the competitors?

When there is a market need/size for a certain product, chances are there are already some companies trying to fill it. Therefore, it is important to show that there is real competition and not try to avoid or hide this issue.

Showcase your advantages and unique value proposition compared to your competitors. Don’t say your product is perfect, it’s highly unlikely.

It’s important to show founders that you know how to leverage the unique values ​​of their product or service over those of the competition, and get it into the right market, the market where the value of the product is higher and the downsides are less noticeable. .

4. What is the addressable market size (AMS)? How did you arrive at those numbers?

Established researchers from leading companies like IDC, Gartner, etc. it costs thousands of dollars. Typically, a new startup company does not have the resources to invest in such market research.

It is recommended to spend a good number of hours on search engines to find other research, presentation slides, and other data that will help calculate the size of the relevant market for your startup. Even if the information you unearthed doesn’t precisely match your target market, you can roughly assess the size of your addressable market.

There are many more questions, such as: how do you plan to penetrate the market? What is the business model? What is the basis for it? What is the business model of your competition? How much cash do you need until the balance of the operation? What are the property rates that you are willing to give for the investment? And more.

Knowing these questions and being prepared for them significantly improves the impact you could have on investors and their ability to properly assess the founders’ chances of leading the company to success.

Additionally, most founders come from a technology background (engineers, developers) and lack the business and financial understanding required to build and scale a company. Seldom-known terms like operating income, cash flow, fixed and variable costs, equity and many more will make it difficult to lead and direct the discussion in front of investors. Such a thing could damage investors’ enthusiasm and willingness to invest, even if the product is excellent, with no competition and a huge market. After all, even the best ideas could fail without the right business, marketing, and strategic leadership.

3 ways technology has changed the world for home business owners

I love being born in this time and I don’t know how I could have lived at any other time in history. New technological advances have made my life much easier as a home business owner. I am excited by the possibilities available with technology today and excited by thoughts of technology that will be available very soon.

The purpose of this article is to share with you, as a home-based business owner, some thoughts on how today’s technological advances are improving the way we can run our businesses. If you are living in the past, it is time to change your way of thinking and use technology in your favor.

Here are three things to think about as a work-from-home entrepreneur:

Social networks and Web 2.0 have changed marketing. The old rules of advertising made it difficult for a home-based business to compete with larger companies. The Internet, through search engines, web 2.0 and social networks, has changed everything for the benefit of smaller operators. Yes, big companies can use the internet, but if you target your market correctly, you can still be very successful.

Smartphones have improved people’s lives. I came very late to the idea of ​​a smartphone, even though I have worked in the industry for many years. But now, I don’t know how I ever lived without one. I started with a BlackBerry, moved on to an HTC, and now I could never live without my iPhone. It’s so damn convenient. I can send and receive emails, make calls, send and receive text messages and there are many other applications that improve my life. It gives me back a lot of time. I can answer a lot of emails and work during my downtime during the day. For example, I often write articles on my iPhone during the day if I’m waiting at a cafe or something. I usually save about an hour a day.

You can run a business from home but sell to the world. The Internet, in my opinion, has had the greatest influence on humanity of all inventions. Now, with an Internet connection, I can sell my products from home to anywhere in the world. Previously, as a home-based business owner, my target audience would probably be limited to the surrounding suburbs.

Technology has changed the world, and as you can see from the above, there are three technological advancements that have had a dramatic effect on home based businesses.

Money Investing Tips for Beginners – Some Things to Learn Before You Start

If you’re new to investing, it can all seem overwhelming. There are so many different types of investments in every market imaginable. Some people are more comfortable investing in mutual funds, while others prefer to buy individual shares. It is essential that you carefully research all your options and then start with a small initial investment. Your broker or consultant should be able to give you money investment advice based on your risk factor, your current financial situation, and the amount of money you’ll be able to deposit into an account each month. Never invest with money you can’t afford to lose, even if market conditions and statistics seem to be in your favor.

Here are some tips to help you get started:

• “Simulated investment simulators” are available and free. It is really recommended that you practice using one of these before investing real money. Using this type of tool will really help you understand your level of risk factor and how you can diversify your portfolio in the most favorable way for you. You can also learn from your mistakes when using fake money in a simulated account so that you don’t make the same mistakes when investing real money.

More Money Investing Tips to Grow Your Wealth

• Don’t overlook the IRA option. Depositing money into an IRA account can be very rewarding, especially if you choose the right account. There are essentially two options: Roth and traditional. With the traditional option, contributions are deductible from your taxes. On the other hand, Roth contributions are not deductible, but the withdrawals you make in retirement will be tax-free.

• Consider how much of your portfolio should really be in stocks. Due to potential long-term fluctuations, it makes sense that younger investors could ultimately make a profit, as they literally have decades to wait for conditions on those stocks to be highly beneficial to them. Also, as people age, they tend to reduce exposure to stocks to preserve their capital. However, these are not rules set in stone. Every individual is different.

• Learn about the warning signs to watch for. For example, if there is a particular stock that keeps falling and falling for the last 3-5 years, you should probably stay away from it. Just look at the charts. Also, it’s pretty obvious that you don’t want to buy stock in a company that is currently under some kind of investigation.

The best money investing advice and tips can be found at The Motley Fool. There is a wide range of services, resources and tools (including free ones) to help you every step of the way.

Tips to be more efficient with your SUV

Efficiency is a trait that most people want in their lives. For many, it seems like there are never enough hours in the day and when it comes time to head home after a hard day’s work, it seems like we have more work to do than we started early in the morning. If this sounds like you, then finding a way to get organized and work towards greater efficiency should be one of your goals.

Crates in your vehicle

For starters, you’ll want to consider installing custom ute drawers as a way to tidy up items in your vehicle. When we have drawers in our vehicles, we are creating additional space for us to store additional items that would otherwise have fallen all over the vehicle.

creating a system

To be more organized, you’ll want to create a custom system. These systems will guide you through ways to manage problems and resolve them quickly. With a ute drawer system you can carry everything you might need for camping, work or just walking around town. These custom ute crates are made specifically to fit in a ute, so there’s no need to worry if they’re right for you.

When building your system, you want to first determine whether it will be used for work, play, or both. While you can use any ute drawer system however you’d like, it’s best to pre-determine what your primary goal and focus will be so you can master its efficiency.

loading your drawers

When you load your drawers, you’ll want to do it from back to front. Larger, less-used items should be located closer to the back of the drawers than the front. Items you’ll use most often should be closer to the front, stored in a more logical way, and easier to get to.

Don’t overload your drawers

When you get the custom ute drawers, you’ll be tempted to throw everything away. This is not a good idea. For one thing, the drawers will become really heavy and difficult to use. Also, if you just throw everything in the drawers, then you’re not really organized.

smaller boxes

When you load your drawers, keep small items like screws, nuts, and wire in their own boxes. These boxes will be easier to store and find once loaded into your drawers. If you can keep everything you keep in the drawers in their original boxes, that would be great too. Since most boxes are square, they will all fit neatly into the drawers for easy storage and removal.

Starting

You want to start right away. The longer you wait, the more disorganized it will become. The first step is to determine what your goals are and then find the necessary space in your current vehicle. Then look at all the different options that are available to you. Finally, once you’ve had a chance to get your hands on the drawers and see how they will benefit you, finish building and installing your custom drawers.

Six Areas of Specialization for Management Accountants

Unlike a financial accountant, an accountant who works with management has several areas of specialization. These areas are above and beyond what would normally be found performing as a financial accountant. Some of the duties and responsibilities that a financial account may perform are as follows: record, classify and file accounting information. The maintenance of its own specialty in the provision of services that cover the management of cash, payroll, accounts receivable, accounts payable, inventory or purchase transactions. Finally, the financial accountant may also be involved in a small part of a company’s total accounting responsibility, such as in relation to an accountant working with management who has a broader view of the operation and greater responsibilities.

The following are six areas of specialization that one would expect a management accountant to be able to perform effectively and efficiently in accordance with Generally Accepted Accounting Principles (GAAP):

  1. Accounting information system. The management accountant in this area designs and implements manual and computerized accounting systems to collect management information for best management practices.
  2. Financial Accounting. Based on the accounting data prepared by the financial accountant, the management accountant prepares various financial reports and statements, and helps analyze, operate, invest, and make financial decisions for management effectiveness and efficiency.
  3. Cost accounting. The cost of producing or providing services must be measured. An accountant working with management also performs additional analysis to determine if products and services are being produced in the most profitable manner.
  4. Budget. In the budgeting process, a management accountant helps management develop a financial plan that positively impacts profitability and improves cash flow.
  5. Tax accounting. Instead of hiring a CPA, a company can use its own management accountant. For example, one may focus on tax planning, preparing tax returns, and dealing with the Internal Revenue Service and other government agencies.
  6. Internal audit. Internal auditors review the operating and accounting control procedures adopted by management to ensure that the controls are adequate and are being followed. The management accountant may also monitor the accuracy and timeliness of reports provided to management and third parties to verify accuracy and compliance with rules and regulations in accordance with GAAP.

© Joseph S. Spence, Sr., 7/9/09
© All rights reserved
Posted by “Epulaeryu Master”.