What to Look for in a Bookkeeper

It does not mean that just because your business is doing well it will still continue to do well in the years to come. There is a good reason why you need to constantly innovate and modify the things that you offer to consumers because the only think constant about business is change.

There may be times when you are too busy doing different types of work that you become too engaged to keep track of your taxes and your finances. You do not have to stress yourself over it because you can always hire someone else to help you out. You can hire the right bookkeeper.

What are the traits that you are searching for in a bookkeeper? You do not have to search for strange talents like being able to do innovative mosquito trap or being able to do stunts. The bookkeeper should be dedicated in doing his work and should have all the right skills that will make him effective in doing his tasks. For example, would you honestly hire a bookkeeper who does not know the basic accounting terms? You cannot hire someone just because you know the person. You have to hire someone who is qualified for the job.

What to Look for in a Bookkeeper

You ought to consider the following when looking for the right bookkeeper to hire:

  1. Consider the educational attainment of the bookkeeper that you are going to hire. It may be a general requirement for you to hire someone who has finished college but you may need to hire someone who has background in accountancy and is generally good in math.
  2. You need someone who has a basic understanding of the industry that you are in. If you would hire someone who does not know what to do then you are still required to inform the person about the different terms that are being used in the industry.
  3. Find someone who can use the computer properly and is familiar with the different applications and software to make bookkeeping easier. It does not mean that being aware of the proper tools makes a bookkeeper incompetent. On the contrary, a bookkeeper who is aware of different tools to be used can be great because you can be sure that computation can be checked several times.
  4. It is best to hire a bookkeeper who is constantly learning and is not afraid to be told what to do. Like businesses, methods are also changing. A bookkeeper should know how to modify his ways in order to fit with what is expected in the modern world.
  5. You should look for someone who is committed to giving you the best service that you deserve. Looking for someone who only wants a job in order to get paid may be ineffective. You need to look for someone who truly loves his job and will always persevere to offer the best services possible.

Remember that hiring the right bookkeeper when you are setting up your business to make it flourishing will be one of the steps you need to take to reach success.

Diving into Water Stocks: It’s Time!

When long term droughts seem on the rise, and the municipalities that provide water to their constituents seem to lack the proper funding to upgrade their infrastructures, a national crisis might be inevitable. Add to that the newly revived need for extensive amounts of water due to hydrofracking, it might be time to invest in water stocks.

Obviously, you can look at the best water softener reviews on http://watersoftenerguide.com/, but that won’t open your eyes to the necessity of investing in water stocks. Sure, it will help you regulate and maintain the best drinking water for your family or office, but you need to dive deeper into the topic. You will need some information on the most highly recommended water stocks on the market.

Diving into Water Stocks: It’s Time!

Stocks That Will Make a Splash

Investing in utility stocks, particularly those attached to private water utilities, could best be considered a defensive tactic. This is especially true since the government can regulate the growth and profits realized by these entities. Research shows that the water industry can generate revenues that exceed $135 billion, yearly.

The demand for water has been on the rise in recent years and as the US seeks to provide itself with oil, that increase on demand for water is only going to continue. Unfortunately, most municipalities don’t have the ability to improve on their functionality, and will therefore require the assistance of others. The following three companies are rising to the occasion and are worthy of your investment considerations:

  1. Aqua America (WTR)- They are growing aggressively through their acquisitions and have managed to build a 24 mile private pipeline to provide water for oil drilling in western Pennsylvania. They joined forces with Penn Virginia Resource Partners (PVR Water Services) near the end of 2011. WTR serves more than 3 million customers in more than 13 states ranging from Pennsylvania to Texas. And, their market value in 2012 was $3.7 billion.
  2. American Water Works (AWK)- This US based water and wastewater utility is the largest one that is investor-owned. And, its 2012 market worth was $6.5 billion! The regulated utility markets help create nearly 90% of its revenue. AWK services more than 15 million industrial, residential, and commercial clients. Learn more about this A rated company.
  3. American States Water (AWR)- This is a significantly smaller company only worth $778 million in 2012. But, it serves California’s water customers and even provides electric services to a small portion of San Bernardino County. But, its 2012 dividend yield was 2.7%. Watch what is happening with this company by clicking this.

The three companies mentioned previously are a great place to start, but since that information is slightly old, you might want to consider this 2016 list of water stocks to invest in:

  • SJW Corporation- A+ rated company
  • Connecticut Water Service Inc.- Rated A
  • Middlesex Water Company- A- ranking
  • Consolidated Water Company Inc.- B rated company
  • York Water Company- Rated B
  • California Water Service GP- B ranking
  • Artesian Resources- B rated

Stock market investing can be a bit daunting, but if you are ready to take the leap, it’s time to dive into water stocks. Your portfolio could be greatly impacted by this highly desired resource. Read more about investing in the stock market here.

Why Every Business Should Rather Be Using Payroll Services

It doesn’t matter if your business is small or large, whether you focus on specific services or if you have multiple interests such as stocks or property.  Payroll services Australia can help you run your business a lot smoother and successfully because they can handle a lot of workload on your behalf. With all the hard work that goes hand in hand with payroll handled on your behalf, you don’t have to spend a moment worrying about salaries.  You can use the time that you are saving by learning how the stock market and penny market works so your business can start growing on the sideline and be more effective.

Payroll services can save you time

Payroll processing takes a lot of time because you have to calculate each staff member’s working hours, overtime, leaves and you have to keep deductions such as unemployment funds, tax, medical aid and such in mind.  Your payroll services can do everything for you so you can relax and focus on your clients or perhaps on other investments such as property or the stock market.

Why Every Business Should Rather Be Using Payroll Services

Payroll services allows you to cut on employment

Payroll software and processing takes a lot of skill but with a payroll service you don’t have to hire a payroll expert additionally because a whole team of experts are ready to handle all of your payroll duties on your behalf and they can do it much more affordably.

Services provided by outsourcing payroll companies

When you get payroll assistance it is not just the salaries that are calculated.  You can enquire about a lot more services such as;

Pay slips – All your pay slips can be created on your behalf and will be delivered to your company on time.

Payments – Making the payments is stressful and can be incredibly time consuming but luckily all of your payments for all of your employees can be handled on your behalf.

Reckon – Your timesheets, leave, overtime and payments will be processed on your personal accounting software so that all the data you need will be available at your fingertips.

Tax – Tax lodgment will be done for each of your employees on your behalf.

Both small and big businesses can benefit

Both small and big companies can benefit from payroll services because they pay per client and they can choose how much services the outsource company should handle on their behalf.

Much easier to run your business

With payroll services your company can operate a lot smoother because all your employees will be paid on time, they will receive their pays lips well in advance and everything will be completely accurate.  On top of that, your accounting software will be updated so you can monitor your staff’s leave and overtime to ensure that no one is exploiting your business.

Thanks to the payroll services you can finally skip out on one of the hardest and most time consuming parts of owning your own business and a lot of stress will be taken off your shoulders because the outsourcing company can handle your payroll with expertise thanks to years of experience.

Get a Bookkeeper to Handle Your Accounting For You When You Play the Stock Market

A lot of business men and women of smaller companies such as home companies can quite easily get away with doing their own books for the most part of the year if they have moderate accounting knowledge.  But when your company has other investments such as property or other companies or if you are using your company to play the stock market, it can be a bit tough to explain all your earnings and to do your taxes correctly.  Bookkeepers in Melbourne is the perfect solution to companies with multiple investments because they can do the hard thinking for you while you do the more fun part of your business such as playing the penny market to maximize your business interest.

Why your business should only trust professional bookkeepers

It is good for your business to have multiple investments because your business has a much more secure foundation and you could grow much more rapidly if you are incredibly good at stock trading.  When you are looking for a bookkeeper you should much rather opt for a professional bookkeeping service rather than trust a personal bookkeeper because it happens quite often that bookkeepers are either inadequate or dishonest and could cause a lot of harm to your business.  Bookkeeping companies have the needed skill, experience that will ensure that your books are kept the right way.  They also rely on their company image which is why all of your company’s financial information will be handled as honest as possible.

Get a Bookkeeper to Handle Your Accounting For You When You Play the Stock Market

Bookkeepers can do so much more for your company

Your bookkeeper doesn’t just have the right skill to process the accounting on your multiple investments.  They can do a lot more for your company and in doing so free your hands from hard work so you can be stress free when you focus on your business.

General accounting – Bookkeepers can organize your books for you and they can do all of your accounting, auditing and tax returns for you. You can also enjoy great onsite service if you need someone to collect the data from your office in person or do your accounting in office or you can enjoy their offsite services and simply email or drop all the paperwork off after which it will be done for you.

Payroll services – You don’t have to spend hours on processing timesheets anymore because the bookkeeper’s payroll services will do all the calculations for you.  They can even create you personalized pay slips so your employees will understand exactly how much they are earning and see what their money is deducted for.

It is time to stop struggling with your businesses difficult accounting processes by getting help.  A skilled bookkeeping company will know exactly how to do the accounting for all the different sections of your business so you will be taxed right, so your employees will be paid right and on time and so you can file for the right tax returns and be completely honest in your service delivery. With the help of a bookkeeper your business will never get in trouble by operating illegally.

Use Your Stock Earnings to Start Investing In Property with the Help of A SMSF

The stock market is great fun because you can earn so much more from your initial investment if you have a good eye and ear for economic trends.  And as you probably know, the higher the risks the better your winnings or earnings are when you are playing the penny or stock market.  To be truly good at stock you need to know when to quit and the best way to quit is to take your stock market earnings and to use it in a low risk investment such as property investments.

Why property investments specifically?

Property is one of the most secure investments that you can make because property is and will always be high in demand.  If you choose your property locations wisely then there are minimal risks involved in property and you can one day be looking at a good and steady income for little or no work at all.

Use Your Stock Earnings to Start Investing In Property with the Help of A SMSF

Get a SMSF

A self managed super fund (SMSF) is a trust that you should set up through which you can secure and operate your property investments.  There are five main benefits to getting a SMSF.

  • You can include up to four trustees in the SMSF who can pool together their assets so they can obtain a bigger loan through the SMSF.
  • All trustees share the responsibility of the SMSF and all members benefit from it in the end.
  • In the last six years, SMSF have proven to have a much greater return rate than other loans or mortgages.
  • Mortgages through a SMSF are much more affordable to the trustees.
  • All of the accounting, auditing and tax returns can be managed by the SMSF creator so you can be hands free to enjoy life.

Next you need to get a loan

Once your SMSF is set up and your trustees have been chosen, you and the members have to decide on a property and have to get a loan for your SMSF through a mortgage broker so you can buy your first property.

It is important to plan wisely

You have to make sure that your long term plan is accurate and secure so you and the trustees don’t end up with a greater mortgage than you can afford.  You can also consider other types of investments or simply stick to property.

Expand investments

You should expand your property investments the moment you are able to because only through expansions will all the trustees be able to benefit from the SMSF.

Start earning cash

Most SMSF’s are created with the sole purpose to start earning when you and your fellow trustees retire.  You can however start earning from the age of 55 by becoming a partial employee at your own SMSF.  Once you have retired, you will get an agreed withdrawal amount that is fair compared to your initial investment.

Property investments through an SMSF is the best way for you to retire from the risky stock market and to create a secure financial future for yourself so you can live comfortably and completely stress free.

Get Your Tax Returns Done Without Lifting a Finger

Playing the stock market or the penny market can be extremely rewarding if you know what you are doing but it can also be quite time consuming because you have to constantly monitor your earnings, losses and you have to keep trend with economic changes.  The moment you lose sight of your investments, you stand a good chance of losing some cash.  A lot of people have their hands full with playing the stock market simply because they do it as a hobby during their off time at work. If work and the stock market are already taking up a lot of your time then it can be hard to find the time to get your tax returns done before the due date.  Luckily someone can do your tax for you so you never have to worry about your taxes.

Get the best tax return company

If you want reliable service then you need to find a reliable tax return company to do your taxes for you. Tax Return 24/7 is a unique company that specializes in tax returns.  They can get your tax returns done over the phone in ten minutes so you never have to miss an investment opportunity so you can make money on the stock market.

Get Your Tax Returns Done Without Lifting a Finger

How does the tax return company work?

One of the biggest benefits of using a fantastic company like Tax Return 24/7 is the fact that you don’t even have to spend a penny on phone calls.  You can simply log onto their site and click on a link after which one of their call agents will contact you.  They are open 24 hours a day so you can get your taxes done at any moment of the day or night.  They are also completely transparent about their services for example;

Calculate your refund online – You don’t have to worry what your tax refund will be because you can calculate it online.

Company tax returns – Tax Return 24/7 also helps companies with their tax returns and offer tailor fit packages that are sure to suit your business needs.

They guarantee a maximum refund – You can get the biggest possible tax refund when you use this experienced company.

You know the company fee – Tax return 24/7 takes $99 from the refund fee once your tax returns have been processed.

Basically all you have to do is explain your needs to the consultant who is going to phone you.  You can also contact them via email if you prefer.  Once they have your query, they can get your tax returns processed over the phone in 10 minutes.

It is always better to get a professional and skilled tax return company to handle your tax returns so you can receive the biggest possible refund and so you can be sure that your returns are done correctly.  You also don’t have to waste any of your precious time on your tax returns and you don’t have to make time for your taxes since you can get it done even in the middle of the night should that be the only time you have.

Why You Shouldn’t Play the Penny Market

Why You Shouldn’t Play the Penny Market

For millions they think the penny market is the best stock investment option today. Many look at this when they first dig their toe into the investment market because they think it’s the best way forward. However, investing in any stocks can be extremely tough and penny stocks are the same. You may think penny stocks are the way for you but they might be the wrong option entirely. The following are a few reasons as to why you shouldn’t play the penny market.

Even the Experts Avoid the Penny Stocks

Investors, seasoned investors, continue to turn away from the penny market which should give you a big indication of stepping away from the idea. Penny stocks can appear fun and relatively less risky but in reality they can be just as risky as other stock investment options. You have a variety of stocks available but penny stocks are quite difficult to handle. It may be best to avoid this market especially if you haven’t gotten a lot of investment experience.

Why You Shouldn’t Play the Penny Market

Your Limited to 3 Day Trades Per Week

If you don’t have thousands and thousands of dollars to trade with, you actually have certain limits. This is not only troubling but extremely tough because if you make your three day trades and want to sell or buy more, your hands are tied. It isn’t ideal for anyone which is why you shouldn’t take up penny stocks. They aren’t perfect at the best of times and if you have a small investment pot to work with, then the limitations can be frustrating. Of course, if you have over twenty five thousand dollars to invest with then you don’t have limitations but still there are many problems to deal with.

Harder To Find a Buyer for Your Stocks

To be honest, when it comes to buying penny stocks, it’s very easy but selling them on is much harder. You have to find a buyer for your stocks and this isn’t easy at all because the market isn’t huge. This means the buyer market is extremely small and it could potentially take you weeks to sell the stocks on but by the time you do, you could end up taking a loss. You don’t want to lose money, even if it’s only a few dollars but every loss adds up. That is why you really shouldn’t play within the penny market. This isn’t an easy market to be a part of and you will soon see how difficult it can become.

The Penny Market Is a Risky Option

Buying penny stocks can be extremely appealing simply because of the low investment risk but in reality the risks are high. Investing in penny stocks aren’t always the best solution for you simply because the risks come in full force. When you are thinking about investing in the penny stock market, you need to know the risks and understand this may not be the right way forward. Investing opens up a lot of doors but penny stocks aren’t always the right solution.

Should Your Business Invest In Stocks?

Should Your Business Invest In Stocks?

Businesses around the world contemplate investing in stocks and it isn’t hard to see why. Stocks could potentially offer some wonderful returns but while you can see a nice profit, you might see little. Unfortunately investing in stocks can be really difficult because this is a vast field. However, should your business invest in stocks today?

Stocks Can Be Profitable – If They Work Out

First and foremost, everyone should be aware of the fact investing in stocks can be both risky and good. If you need to know more you should check out our best article here. Stocks are easy to invest in and there are thousands of different stocks for you to consider. Many people can see positive results from their investments; and they can be extremely profitable also. However, there is a downside – not all stocks will come in. Stocks are highly profitable but only if they work out and there is the chance they won’t. This is something you have to be fully aware of before your business even begins to think about stock investments.

Should Your Business Invest In Stocks?

Always Conduct Proper Research

Doing your home before investing in stocks can pay-off when it comes to stock trading safety; and if you aren’t prepared to research, investing isn’t for you. Remember, anyone can invest but that doesn’t automatically mean it’s the right move for your business. When it comes to the question of whether your business should invest in stocks, it really comes down to what you plan to invest in. Some stocks are more reliable than others and if you’re fully prepared to research potential stocks, the risks can be minimized. Of course, the risks are always there but researching can stop you from making a bad mistake.

Should Your Business Invest?

In a sense yes and in a sense no. Unfortunately it is almost impossible to say for certainty your business should invest simply because every business runs differently. New and small businesses should definitely avoid investing in stocks and even some bigger businesses too. The stock market is a vast marketplace and one which constantly changes. You can also checkout this link:http://www.forbes.com/sites/maggiemcgrath/2013/10/22/how-much-of-your-companys-stock-is-too-much/#72e090c62742 for more information. If you take a risk and lose big, it could be the end of your business. That is why you have to fully understand the risks involved and not just know about the rewards. Anyone can invest but few succeed. You have to really think about what is going to be best for your business and know about safety procedures also.

A Tough Call

To be honest, investing in stocks isn’t for everyone. There are some who dabble in this field and find some successful but it really is all a game of chance and luck. Just because you see a stock with good potential, it doesn’t mean it will pay-off. Anything can happen in the stock market world and while many will find success, many will not. This is a risk and one in which you personally have to decide. Your business may find investing in stocks to be a great adventure but then again, maybe not. At the end of the day it is your personal choice. Think wisely and always take the necessary stock investment precautions.