3 Signs that your CPA is not just working for you – Few red-flags to be aware of

There are lots of articles written on how the financial planners get paid and how you can avert paying extra fees with the help of accountants. But there is not much written on the CPAs and how they help you with your business finances.  Philip Stein and Associates in Israel, an organization which has got some of the best CPAs in Israel is of the opinion that the clients should make sure that their CPA is working in their favor. What is the way in which you may know that you’re being perfectly represented and that you’re not wasting your dollars?

The services of a CPA might be costly enough but in most cases, they’re worth the money. But how are you supposed to know that you are working with the best CPA? Here are few red flags to watch out for.

#1: When they are actually not a CPA

When you seek help of a certified public accountant, he should own a degree in finance management, accounting and then go through a series of exams on attesting, auditing, business concepts and environment. There are practice requirements too where a CPA needs to practice under a senior CPA for few years. This helps them in gaining better expertise.

#2: When they’re not engaging in strategic planning

You shouldn’t be surprised in case you owe the IRS when your tax return should have been completed. Your CPA should have talked about it to you through the entire year. The CPA should engage in strategic planning and not just fill out forms for tax return. The CPA should offer you advice on monitoring investments, harvesting your losses and monitoring things. If he isn’t doing these, you’re with the wrong person.

#3: They are doubly charging you

You can’t deny the fact that CPAs are doing business and they’re earning a living. Whenever they find new ways of adding to their stream of income, they will definitely consider them. But if you find your CPA looking for ways to charge you again even after he has charged you once, this is a warning that you’re working with the wrong person. Make sure you watch how they’re getting paid. Are they receiving a commission for sale of finance products?

So, before hiring a CPA, make sure you’re aware of all the red flags so that you can immediately recognize someone who doesn’t have your best interests in mind.

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Strapped for cash? Tips for Financial market trading business owners to improve profit

One of the best options to become financially independent is starting your own financial market trading business. The benefits of market trading ventures are endless and with it, come profit that won’t disappoint. According to some of the top financial advisors at Jones Mutual, one of the most successful business ventures is that of financial market traders. With that said, let’s look at some of the top tips for potential financial market trading business owners to increase their profitability levels.

Simplify the way you do trading

Many traders think that keeping a live account is a very complex situation to be in and should be crowded by many graphs, lines and averages. However, the simpler you keep the way you trade, the clearer your mind will be when it comes to making decisions. When it comes to volatile markets, making split-second decisions come around often. With complex trading strategies and an airy of graphs and indicators, you might just miss your profit window. Thus, simplicity is the best way to ensure easier profit.

Make patience your new best friend

The art of trading is as much a mind game as it is a money game. It won’t help you to want to close your business doors once you make a losing trade. You need to learn to be patient as trading the financial market isn’t a get-rich-quick way of making profit. With trading experience comes the ability to trade with success. This, however, can only happen if you are patient and don’t let your emotions get the better of you.

 

Be consistent in your trading

When you are a startup financial market trader, you need to be consistent in the way you trade. To trade on as many marketsas possible in the hopes of getting a profit will make you lose everything you have worked for. You need to decide on one or two markets that interest you and work on perfecting consistency on those markets. It won’t help you to open a trade merely for the fun of it. You need to pick your times, develop your strategy and find the right window for profit.

Stop watching the charts

There is no way you can watch your trading chart the entire day. Yes, you may fear that the market price may fall below your profit margin, but with fear at your side, you’ll never make substantial profit. If you keep watching the charts and notice you’re making a profit, you might jump to close your trade only to find the market going up by a huge number of pips. If you are confident enough to enter a trade at a certain point in time and you have your trading strategy well-planned, you can continue with other things and when the time is right, you can check back to see if the market price has moved in your favour.

 

Trust your own intuition

Many traders feel the need to follow in the footsteps of other traders as they fear their own intuition will lead them to make losses. If you are serious about making a success of your trading business, you need to carve your own path. After all, if you don’t trade on your own, how will you learn to make profit without the help of someone else? Rather than following exactly what another trader is doing, evaluate their course of action and formulate your own strategy.

Verbalise positive trading thoughts

For some, this tip may sound like a tedious task; however, it can improve your entire trading mindset. If you settle in front of your computer to start your trading day, pick a spot in the room to make your “positive thought” corner. Write down any positive thoughts you can think of; whether it is inspirational quotes, reasons why you started trading or personal trading successes, your positive thought corner needs to be a reminder that you can make a success of your financial market trading business, even when times are tough.

Keeping a business afloat is never easy, but if you have enough courage to keep pushing forward, you will see profitable returns without fail. When it comes to the world of market trading, there is no shortage of money, all you need to do is strategise on how to trade with it.

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The Reasons for Computer System Bottlenecks That Diminish Company Performance

There are many things that can slow down a computer network. Whether it’s a malware, system error or the fact that the network is overloaded, these issues would have to be considered by any company if it wants to deliver the best service and products to its clients. Experts suggest that customers demand consistency from their providers. And how can a company be consistent when its computer or system cannot process the needed demands by the clients or providers?

It is only through a complete fix of the network bottleneck that a company can deliver the right services to its company. Addressing such issues would also bring considerable improvement to the performance of the computer, resulting to improvement of the company’s results, too. That said, it might be useful to list down here some of the more common examples and reasons of bloated networks in a company’s computer system.

 

CPU Utilization

Experts suggest that most customers value companies that are able to provide the most useful information. And providing complete information would require a lot of CPU processing work. And when this happens, it’s more than essential to make sure that the CPU is utilized at its finest. A bottleneck would usually occur to a CPU when delivering information becomes too much. It becomes too much when the processor is not able to deliver a large amount of data to a large scale of people.

 

Not Utilized Memory

There also exists a bottleneck of the network if there’s no right optimization of the computer system’s memory. A bottleneck happens when there’s not enough efficient memory to process tasks. This may be a problem for companies that store, distribute and process large chunks of data in forms of images and videos. When a system network is not able to get the right memory to process all these data, the database of the computer may shut down. A solution for this would be to replace the old with a faster and powerful RAM. A bottleneck can also just be fixed with a simple installation of an additional RAM memory.

 

Unutilized Network

There might also exist a bottleneck of networks when the communication system between computers lacks the necessary bandwidth allocation to complete tasks. Microsoft even added that an overload of the server as well as an exhausted network communication system would also result to bottlenecks. To resolve this issue and to bring back the integrity of the network to an acceptable level, there should be installation of new servers. It also helps to update the drivers of the network hardware. The routers and access points of the network should also be checked if they’re in their most updated software.

 

Usage of Disk Memory

A bottleneck can also exist if there’s already too little memory in the computer. Bottlenecks may even be unavoidable if the disk usage of the computer is not at its most organized. It is important both to leave a large chunk of memory space in the computer, as well as regularly defragment it to avoid a disorganized data organization in the system.…

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Five Benefits of Design Custom Kiosks to Users and Business Owners

Many businesses are now using tailored kiosks to engage their clients in service delivery. By definition, design custom kiosks are retail kiosks tailored to suit the needs of a client. These are not one-size-fits-all shops. They have specifically, been made to supply the needs of clients in different capacities. For many businesses, these kiosks offer a long-term solution to clients who frequent their establishments. Here are some of the top benefits of custom kiosks listed below.

  • Giving the Big Picture for Your Business 

When it comes to business, it is important to have an impressive first impression. Your kiosk should grab the customer’s attention right away. To achieve this, you should come up with stylish designs that are not only eye-catching but functional. People like to identify with the products they use. For that reason, most clients turn to custom kiosks that store the type of products.

  • Enhancing Customer Experience 

Like the first point puts it across, custom kiosks are every client’s dream because they have been styled to provide clients with their preferred items of use. For that reason, having one such kiosk enhances shopper’s experience. Besides, the specified kiosk can receive personal orders from clients prior to supplying the products.

  • Enhances Convenience 

Customization enhances convenience. For instance, if you are a business professional seeking to own a kiosk, you have the freedom to choose which size and shape would work for your type of business. Is it a rectangular shape? Which design works for your clients? With the following questions, you should be able to come up with a convenient store for your clients. Not only will it be sized for them but also designed to cater for their needs as the main users of the shop.

  • Flexibility

Owning a customized kiosk is advantageous for your business because it is flexible. How you may ask. A kiosk is rather smaller if compared to a retail shop. Its license is shorter than that of a retail shop as well. Therefore, you can start the business and assess its performance as you weigh other options. If it does not perform to your standards, feel free to delve into a different category of production.

  • Fostering Customer Service

A tailored kiosk promotes excellent customer service. For starters, the design has been made to suit the needs of clients. This is one selling point that every business strives to incorporate into its portfolio. Then, the kiosk assumes the shape and design preferred by clients. This is also an attractive point to clients because most consumers prefer to deal with suppliers who care for their needs. Without a doubt, a designed kiosk enhances customer care and service.

Conclusion

As a business owner aspiring to delve into the tailored kiosks business, it is crucial to work on amazing designs that will attract your clients. The benefits of good design cannot be surpassed as they are plenty not only for you but your clients as well.

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Protecting Business Network Remotely

By now, you have heard of many stories where thieves have targeted stores and commercial offices at their physical locations looking for confidential information. You can bet that theft takes place online on a daily basis, where hackers routinely attack computer systems of businesses and organizations through direct hacks, phishing, and other web services. The premise is still the same. The only difference is that they are doing it remotely and their identity is hard to track without sophisticated commercial security system setup.

During remote theft of businesses, cyber thieves often take advantage of the trust that the employees of these businesses have on legitimate looking emails, such as coming from a client, another employee, bank or service provider. Often, employees overlook where the emails came from but pay attention to only the content addressing the employee by name. The thief may also be posing as someone who is known to the employee personally or perhaps as the member of the business technical support team. In almost all such cases, the intention of the thieves is the same – to steal confidential information of the business by hacking through the system.

Just see how easy for a hacker to go through the email phishing route targeting a business employee. Most businesses use similar algorithms that assign email address to their employees in a particular fashion. For example, if Jane Doe is working for companyA, her assigned email address will typically be [email protected] Similarly, Bob Smith working for companyB will either have [email protected] or [email protected] as his official email address. Hackers simply create an email address list using special software and send emails at their own pace. Or they would call the company asking whom they are speaking with or get the employee names through other means. Before sending phishing emails, they would create a website that looks similar to a legitimate online web mail website. The employees are prone to trust such “real” emails and send information with no questions asked.

For as complicated as some of the things hackers do to gain access into a business system, the solution to prevent such attacks is not that simple as well. There are many tried and tested methods to safeguard confidential data but those provided by professional and reliable companies are your best bet. Some commercial security systems service providers offer tools, software, devices and features that are designed to identify phishing, virus and other remote attacks before they compromise a commercial computer network.

Again, being alert can go a long way when it comes to weeding out unwanted and dangerous emails. First of all, emails should not be used to send private information or allow access to restricted data any time, all time. Just because an email has the official emblem of a real bank does not make it any safer. Any sensitive document should be secured appropriately with network key or encryption as well. The best possible solution here is to anticipate all kinds of unauthorized remote access and be prepared.

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The Impact of Donald Trump and a Possible Trade War on Financial Market Pricing

Samuel Williams, one of the top financial analysts at Olsson Capital confirms that financial markets, especially the stocks, cryptocurrency and Forex markets, are very much influenced by what happens around the globe and more so in the political arena. The Forex markets are usually the most hit since the markets are determined by the value of currencies from different economies and those economies are run and controlled by a government through the central banks. Therefore, anything small that happens with the government, directly affect the value of currencies and that will end up affecting the exchange rates in the Forex market.

The US dollar is known to be the most used currency across the world and it is in most cases used to determine the value of most currencies. The US dollar is from one of the most developed countries and it kind of sets the pace for other economies.

With the current unpredictable president in the US, the markets seem to kind of get mixed up due to some of the radical decisions being made by Donald Trump’s government. Everyone remembers that one of the main objectives of Trump’s administration was “to make the United States of America great again” and this was going have something to do with the economy of the United States.

When Donald Trump got into power, one of the first things that his administration did was to open a confrontation with the Chinese due to their increased involvement in almost everything which made them seem to be taking all the businesses from the United States. This confrontation is still on with the recent warning from the Chinese government that the user should think through its sanctions on Chinese sanctions especially with the issue of North Korea at hand.

You will recall that Donald Trump once visited Beijing during heightened Washington’s confrontation with North Korea when everyone almost thought that the next thing that we would see was an all-out war which would have been catastrophic. The market at that time had become very volatile and any event around the Korean Peninsula ended up making the markets react heavily.

 In the real sense, the confrontation of Donald Trump administration with Beijing should not be taken lightly since China is the second largest economy in the world and it plays a major part in the financial markets. When the Tokyo Forex session is open, trillion and trillions of money are normally traded especially in the Forex market. Also, the Chinese Yuan has climbed the ranks and it is also among the most traded currency pairs. If the two most powerful countries got into a “financial fight”, the financial markets would be the worst hit.

The most recent activities around the issue of North Korea are what financial market analysts have been so much concentrating on. The situation had become too tensed with the US trying to look for allies even trying to cue Chinese government to stop them from funding North Korea’s Nuclear weapon program. Every analyst remained tight-lipped to see the reactions of Beijing noting that Beijing is the only true economic partner that North Korea has. After the military drips with South Korea around the Peninsula and the increased accusations from both Chinese and North Korea governments, it had almost become impossible to predict what would happen next. The markets especially the Asian markets had become too fragile and any slight provocation would have sent them crumbling. Every eye remained on Trump to see what his next step was considering it is also very hard to predict what he does and when he does it.

With the recent handshake between Trump and Kim Jong-un, the financial markets seemed to cool off although the hard part still remains. Although there was a deal that was struck between the two leaders, we all know that the USA wants North Korea to completely denuclearise and get rid of all its nuclear arsenals and we don’t know if Kim Jong-Un will be willing to let all that effort in research go into waste.

All eyes are still on the two economies especially the US to see what its next move will be. This includes the debate on whether Trump will stick to the deal or not and if he decides otherwise, we can only hope for the best.…

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What are the Pros & Cons of an Electronic Payment System

Amid this digitally advanced time, money is making a decent attempt to rival digital money, since these days many individuals utilize their digital wallets. Here, you will read about the advantages and disadvantages of utilizing an electronic payment system which is mainstay of digital transactions. It is plain to see that this framework has a greater number of benefits than traditional payment mediums. We should see:

Saves on time

Cash exchange starting with one virtual record then onto the next may just take a couple of minutes, though a wire or postal exchange may take various days. Also, you need to invest some time to go to the bank or mail station and hold up in line. While Electronic Payment System processes transactions immediately

Controls expenses

Regardless of whether a man will control his payment, it can take a considerable measure of persistence to scribble down every one of the costs, and this takes up a tremendous piece of the total sum. Then again, the electronic payment contains the historical backdrop of the considerable number of exchanges, including the store name and sum spent. The best part is that you can check it at whatever point and wherever you like. For this situation, an electronic payment system attempts further ensuring your good fortune.

Reduced misfortune and robbery dangers

You won’t tragically lose or deserting your digital wallet, and it can never be taken by criminals. The whole payment system is so secure that there would be no any security issues.

User-accommodating

All administrations mean to connect with a more prominent number of people thus their interface ought to be simple for clients to get it. Besides, clients can simply ask assistance from the super group since they work day in and day out. You can get an answer by methods for the gatherings also.

Convenient to utilize

For whatever length of time that you approach the Internet, you can do transactions whenever, anyplace. There are variety of options available and you can choose different electronic payment systems like Paytm, MobiKwik, Instamojo etc.

Subsequent to examining the benefits that accompany utilizing an electronic payment system, it is fundamental to discuss some of the cons also:

Restrictions

In each installment framework, there is a restriction concerning the quantity of exchanges you can do every day and the maximum sum you can pull back.

Risk of Getting Hacked

Dangers can be diminished when you take after the security controls. Choosing highly secure system is must to remove such chances

Lack of Anonymity

Since the database of the payment system stores every one of your exchanges – like the name of beneficiary, sum and time – still some kind of intelligence agency can get to all your data.

The Need for Internet Access

In case you have no Internet connection then you can’t execute on your online record.

Aforestated were some of the pros and cons of electronic payment system but in most of the cases, such frameworks are highly advantageous and you can avoid all the cons by choosing a reputed service provider.…

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