Finance

Benefits of Hervey Bay Accountants

Shakeel Burgess

A bit of an unfair reputation has been attached to accountants. Hervey Bay residents and businesses alike do not consider accountants as the most popular professional around.

However, knowing the benefits provided by Hervey Bay accountants is the best way to clear up misunderstandings about them.

 

A business needs a trained professional to prepare, check, and analyse all its financial affairs. This trained professional is none other than an accountant. Other financial things accountants can provide are to check whether the relevant guidelines within the law are practiced and operated by a business.

An accountant’s advice can tremendously help businesses from encountering or overcoming financial troubles. Often, the expense of hiring the services of an accountant stops small businesses from enjoying the benefits they bring.

However, a reputable and experienced accountant can bring all these benefits to the table, to include:

 

Time-saving option

Businesses profit when an owner dedicates his/her time in developing its services or products. The proper way of filling out various business forms to meet deadlines can be time-consuming and stressful as well. Hiring the services of an accountant quickly resolves the problem of filling the forms properly and submitting them before the set deadline date. Additionally, the financial advice provided by an accountant helps a business grow exponentially.

 

Money-saving option

Paying a fine is the result of an improper understanding of a new regulation or incorrectly filling in forms. Some fines can be pretty steep, putting a further financial dent in your profits. Accountants can help you avoid paying costly fines by doing and understanding the complexities of business regulations. This trained professional will also be able to help you take advantage of available legal benefits, thereby resulting in a minimised tax bill for your business.

 

Helps to grow your business

Knowing the inside-out of your business is one of the crucial works an accountant provides. He/she understands every financial aspect of your business. The objective output to grow your business is a priceless advantage provided by an accountant. Not being emotionally involved in the business makes them the right professional to identify and fix any problems. Their sound financial advice helps to grow your business. Serious financial drains of your business are avoided with timely help and advice from an accountant.

 

Eliminates financial worries and burdens

The burden of handling the financial aspects of a business can be daunting.  The paperwork involved in starting or running a business can be confusing for someone new to the experience. Notwithstanding, the business terminology can read like Greek to a new business owner.

Running a business can become a complex and confusing maze for the uninitiated.  The looming deadlines for filing put extra stress and worry to a business owner. Hiring the services of a reputable accountant is the smartest way to ease the burden of worrying about proper filling and filing of all necessary financial forms.

 

The multiple benefits provided by accountants make business owners understand the importance of their role. The cost of hiring the services of a good accountant is no longer the issue. The issue is whether your business can afford NOT to hire an accountant to handle all its financial aspects.

 

Blog

Family Lawyer Armidale

Shakeel Burgess

Nobody plans for their marriage to go through shambles when they begin their journey of love with that special someone. However, sometimes things change, and we end up parting ways with whatever reasons that may necessitate separation. Separation can be so stressful and emotional. With that, there is a need to have advice from marriage legal expert to guide through the process of separation.

A family lawyer will help you through the process of separation. They will take care of the following matters:

  • Parenting matters
  • Property settlement matters
  • Binding financial agreements between parties involved – spouses also called pre-nuptial agreements.
  • Child support advice

 

Why you need a divorce lawyer?

This phase in life is a devastating and overwhelming one. This is why you need a professional with lots of experience in marital matters to guide you navigate through this delicate and emotional moment. The shifting tides need to be handled with a lot of sense and consider all the available options of settling the matters amicably without hurting the other one.

Court proceedings and negations can be confusing; you need a helping of a family law professional to work with you so that you can understand all aspects so that all parties can come to a mutual agreement. Taking into consideration that at the time of separation, there is a high-emotional wave in your life, thence you need the support of an objective and reliable lawyer if you will get the best possible result. If you are not sure where to begin the process of separation, you better talk to a family lawyer for guidance.

The cost implication of acquiring services from a family lawyer

Hiring a family lawyer demands a cost. Even though you are going through a rough purge right now, either financially and emotionally, you must note that you have a budget for a lawyer. Though negotiable, it will be a financial constraint, but just for a while, because all these matters will be settled sooner and maybe in your favour if you hire a competent and experienced family lawyer. While choosing a lawyer to represent you during this process, you need to look for a law firm that offers transparent and standard services worth the money you are paying for. These moments can be stressful and not only that; it can be financially stressful. You do not need additional worries on top of what you are already through when asked to pay for the legal services. This should be something that is crystal clear from the beginning, so that you can budget for whatever comes your way.

 

Assets and liability settlement

When separation comes knocking, it is important to divide assets and liabilities as soon as possible to avoid misunderstanding and long-term court battles that will drain both parties financially. Settling assets and liabilities will help you settle emotionally and protect you financially from exploitation from your spouse through spousal maintenance following separation and maintenance plans for parenting, which all fall on one partner, normally the husband.

 

Recovery orders

These are orders issued by courts compelling a partner to return children for parenting with the other partner with a parenting order. Either parent can obtain parenting order from the court following a judge ruling after a petition is served to the courts. If the parenting order is not respected, the law can be enforced to forcefully to the children to the parent with parenting orders from the court.

If you are in a legal bind regarding some family matters, get family law advice from Turnbull Legal.

 

 

 

 

 

Software

Things to keep in mind when looking for a Graphic Design Company in the Gold Coast

Shakeel Burgess

Do you want to find a graphic design company in Gold Coast? In order to ensure that your business has a great looking website, it’s necessary to hire a graphic designer who excels at their work. Or if you are looking to get a brand new logo you would need the services of one as well. No matter why you need to hire, there are designers with incredible designing talent. The key is to however find one who would be perfect for you.  Make sure to keep the following things in mind:

  • A graphic designer is responsible for the graphics on your website but they are not responsible for coding it and uploading it. They can come up with a new look during the design process but the rest of the work has to be handled by a digital marketing company.
  • Graphic designers may not be creative heads either. However there are few designers who tend to be creative experts as well. In that case you would be better off hiring the creative design expert as in house employee. On the other hand if you are simply looking for one time service you would be able to get the services of a freelance graphic designer as well. The other option would be to refer your query to a graphic design company. The company employs individuals who are expert graphic designers and can work on any product or service for a specific time period.
  • Before you hire a graphic designer make sure that you are clear about what you are looking for. Whether you are looking for someone to help design the company logo, set up a snazzy looking website and also what you expect the complete design to look like. If you already have an idea in your head you could explain it to the designer.
  • Also allow your designer to know which audience you are targeting. If your product or service is garnered for children age five or less, the design philosophy is going to differ a great deal. On the other hand if your audience comprises of senior citizens the approach would again be different. This is why it’s essential to have a detailed talk with the graphic design company head of affairs. They would assign you a designer based on experience in working within a specific genre.

So how do you find a designer who is right for your business? You can either find a graphic design company in Gold Coast or go on and hire a freelance designer. No matter who you choose, always make sure that they have the right kind of experience and that they can handle the kind of designs you are looking for. For example if you want someone to design an online children’s story book you should look for a designer who has an experience in drawing interesting animations. If you are thinking about making a profile video for your service or business, again look for a designer who specializes in this genre.

While it may sound like a great deal of work but the right graphic designer can be found with just a little bit of effort. Just make sure that you carry out the necessary research.

Blog

Types of family lawyers in Darwin

Shakeel Burgess

Members of every family are always important to each other, but there are times when the issues break the bond that holds them together. Since these moments are always very difficult, you will need to get only the legal advice you need but also emotional support. However, the types of a lawyer who can help you during these times of challenges are the family lawyers. However, there are so many types of family lawyers that deal with the different family cases that their clients are charged within a court of law.

However, most people think that the only family lawyers available are only solved cases dealing with divorces. In Darwin, for example, there are so many types of family lawyers who can be of your help whenever you have issues with your family or family members. However, you will need to choose a family lawyer who is specialised in the field of your need and one who has the skills and expertise that it takes to solve your case. The following are the types of family lawyers in Darwin.

 

Divorce family lawyers

The most common lawyers are the divorce lawyers. They are also family lawyers with a great population in Darwin. They are the lawyers that you need to contact when you wish to have a smooth divorce process. The divorce lawyers help both husbands and wives through the divorce process until everything is settled.  During your selection for the divorce lawyer to hire, you must be very keen so that you can hire the best lawyer for this process. This is because the divorce lawyer has the responsibility of speaking on your behalf about the terms of your marriage and what is the reason for your divorce. You, however, require a family lawyer who you can trust throughout the process.

Paternity lawyers

Some families require proof of paternity for their child. For this reason, the types of the family lawyer responsible for such cases are the paternity lawyers. The paternity lawyer will not only prove the paternity of the child but will also help you when it comes to child custody.  When the family breaks up, the paternity lawyer plays a great role in ensuring that parenting strategies of the child or children are put in place. They also help the parents who have disputes that are related to the support of the child and also when it comes to picking the parent who should provide the child with all the expenses needed.

 

Civil union lawyers

In Darwin, there are so many unions that require legal help from lawyers. For instance, when two people agree to get married legally, they will need to hire a family lawyer so that they can lawyer can help them get well with the union. The type of family lawyers responsible for such civil marriages is the civil union lawyer. However, you can also hire these lawyers when you need to seek legal help about family businesses and assets.

 

Adoption lawyers

Child adoption is also an essential process which requires legal advice. For this reason, when you are willing to adopt a child, you should consider hiring an adoption lawyer to help you with the process. The adoption lawyer will help you in finding agencies responsible for child adoption and also deal with the paperwork required.

 

Domestic violence lawyers

The other important class of family lawyers is the domestic violence lawyers. They deal with cases that involve abuse of not only children but also adults. These lawyers help the person who has been abused to file a case and also gets compensated for injuries or other loses the end of the case.

Grays Legal are a specialised family law firm in Darwin who can help you untangle yourself from the legal troubles of your family.

Business

Finding the right managed IT services in the Gold Coast

Shakeel Burgess

All businesses require the help of IT services. These days more enterprises are embracing managed IT services instead of hiring in house IT personals. There are several benefits of utilizing third party services. These include a more affordable service along with twenty four hour support.

There are several things which come under managed IT services. These include everything from software applications to cyber security. So how do you find the right managed IT services in Gold Coast? It’s simple, just keep the following things in mind:

 

Get to know what kind of IT services your business requires

Since each business is different, it would require specific IT services. For example a newly launched start up would be on the lookout for easy to use apps which help people reach out to them. They may also be looking for someone to handle their website and make the necessary changes. If you hire managed IT service you have got to make sure that they are offering the services which you are looking for.

Larger firms offer a wide variety of services and cater to a very large clientele. Before you hire someone to manage your IT services, make sure that you have got everything you need written down in one place. This makes things simpler.

 

Get consultation services from a managed IT service provider in Gold Coast

If you aren’t too sure about the kind of services which your business requires, it can help you make the right decision. Make sure that you talk to a consultant about cost effect IT services and how these could help your business.

 

Make sure the IT services have mobile accessibility

Clients usually make use of their mobile phones to access all the information that they need. So the IT service which you hire should have a certain degree of mobile accessibility. Tis would help improve workplace agility as well. If you are a person who is always on the go, you would definitely appreciate an IT service which has mobile accessibility. It would be so much simpler to access your data whenever and wherever you need it.

 

Make sure the managed IT services have a strong cyber security

These day’s scams are pretty common. Companies have to face a major backlash due to the problem of security breach. They tend to lose data worth millions of dollars. The managed IT services should have a strong front when it comes to cyber security. They should be completely committed to providing security to their clients.

 

Make sure you search for an appropriate provider

Not all IT services are the same. There are some who specialize in specific genres while there are others who deal in everything which comes under IT. If you have varying need, make sure you sign up with a firm which offers expertise in every area you are looking for. Net Effects offer managed IT services throughout Gold Coast. Give them a call and inquire about their scope of services.

Last but not the least keep in mind that investing in cloud services is the best decision which you would make. These are definitely worth looking into. There is so much that you could do with the simple click of a button.

Finance

Declaring bankruptcy in Brisbane

Shakeel Burgess

Being in debt is a common occurrence in life.  However,  it comes to a point where one becomes so deep in debt that they often discover that it is impossible to cope with such a situation. Bankruptcy is a legal declaration recognising an individual’s incapability to settle their debts. Such a declaration usually comes after legal proofing.

 

Filing for bankruptcy may be done by an individual (the debtor) or by creditors through filing in a court of law. One who is in a state of bankruptcy usually gets relieved of nearly all the debts. However, it is important to seek advice from a financial professional before deciding on filing for bankruptcy.

 

Other than being relieved of debts, some repercussions are usually associated with bankruptcy. For instance, after one successfully files for bankruptcy and is declared bankrupt, they may not easily access credit thereafter. Another consequence is having their names permanently featured in the national credit history list.  A debtor also becomes ‘enslaved’ to a trustee when it comes to matters of their finances as well as assets. Trustees make choices entirely on behalf of their client (the debtor).

 

A keen examination of the activities that trustees are involved with reveals that:

  1. Trustees relay information about the bankruptcy state of their clients to creditors.
  2. They meet the creditors and listen to their say regarding debts owed to them by the debtor.
  3. Trustees take control of a debtor’s income in order to take a part of it and make repayments to creditors.
  4. A trustee may sell some assets of a debtor to raise money to repay off the debts owed to creditors.

 

Filing for bankruptcy

The ‘good’ news is that there is no fee required when one decides to file for bankruptcy. All that one needs is to visit the financial department of their state or country of residence. There will be a decision on whether they are eligible for declaration as being bankrupt or not.

 

For the filling to be successful, one has to be a resident of a given country or should have assets or business ventures in the country that they reside in. Besides, they should be fully incapable of settling their debts.

 

Merits Associated with bankruptcy

  1. An individual gets relieved of nearly all their debts from creditors. A debtor gets immunity from any legal process that may be carried out by creditors.
  2. A debtor’s income is protected by law to some limit from being deducted.
  3. A debtor is entitled to run any business activity without restrictions.
  4. The bankruptcy condition of a debtor is respected by creditors. They are barred from taking any legal action even after the bankruptcy period elapses.
  5. Assets that belong to a debtor are protected by law after the declaration of bankruptcy. No one is permitted to tamper with their property after their state of bankruptcy has been declared.

 

Demerits associated with bankruptcy

  1. The duration for bankruptcy may be lengthened by a trustee upon failure to adhere to regulations and rules. This is likely to hurt the debtor even more.
  2. The debtor’s record concerning bankruptcy remains in the national credit history for a longer duration or even forever. This may hamper their quest when seeking financial assistance from banks and other financial institutions.

Turn to NR Consulting help with bankruptcy in Brisbane if you still have doubts on how to go through this process on your own.

 

 

Blog

Why Do Businesses Make Use of Managed IT Services in Melbourne

Shakeel Burgess

There has been a major uprising in managed IT services. This is a business which is greatly successful, much more than any other kind of business. So what’s so special about managed IT services? There are business both big and small who are in favor of using managed IT services in Melbourne. The following are some of the reasons why this is so.

Most business owners these days want to have invest in services which

  • Help improve the efficiency and productivity of their technological operations
  • Provide better security and compliance with the latest standards
  • Provide maintenance services on a timely basis
  • Services which are budget friendly yet useful and effective at the same time
  • Allow their manpower to focus on the other aspects of business
  • Help shift capital expenses to operational expenses
  • Help manage cost and provide good return on investment

Getting an in-house IT staff is usually burdensome, especially for startups or small businesses. There is already some issue with finances. Therefore starting their own IT department is usually out of question. It is easier to overcome labor constraints. It also helps strengthen the IT infrastructure of a business without having to make heavy investments.

Plus there are so many ways in which data is transmitted these days. Any shortcomings and a business is bound to face security shortcomings when it comes to protecting their data. Since most of the data contains confidential information, if it falls into the hands of someone with a malicious intent, things can quickly escalate out of control. This is why there is a growing need for professionally managed IT support.

Business owners also need to make sure that they are in compliance with the ordinances issued by the government. Failure to do so could create problems for a business. Managed IT support can help make sure that the businesses comply with those ordinances and there is no room for mistakes.

Sometimes business owners have tough time concentrating on all areas of the business. The managed IT support can be a real life saver during such times. They send timely reminders for the maintenance of the hard ware and they also help ensure that the software is updated. The right technicians can handle any hardware issue. To have the luxury of someone else manage all these concerns can be a great relief and allows business owners to focus on other things.

Also the cost management is much easier with the help of managed services. Instead of having to spend a great deal of time, money and manpower on their in house IT department, businesses can save cash by outsourcing their IT support.

With so many benefits of managed IT services in Melbourne, it is no wonder that businesses choose to outsource IT services in Melbourne. These services are well equipped in dealing with different kind of businesses due to their vast experience. Plus they provide tailor made solutions for all businesses thereby making things more effective and manageable.

Blog

Important factors to consider when hiring security guards from companies in Sydney

Shakeel Burgess

Hiring a security guard in Sydney is not the easiest to do, considering that you will depend on them the security of yourself, your family, your guests, and employees, including your assets. There are many companies in Sydney that are reputable to dispatch highly qualified security guards, but, needless to say, that should not make you too confident hiring the first company that offers you such service.

Factors to consider when hiring security guards from companies in Sydney

To help you get started, below are information on Sydney security guard companies that you need to look for:

 

Consider the company’s reputation

The good news is, everything now is just right at your fingertips. You can check on the company’s ratings, visit review sites, and reference different social networks like Twitter, Facebook, and LinkedIn.

Additional Tip: You may also want to ask for their client references, most recent if possible, and talk to them, to know if they were pleased with the service they receive.

If there is a chance, you can also speak with their employees to ask what they feel about working with their agency.

 

How flexible is the company accommodating your needs?

Will they work with your required schedule, including graveyard duties? Can they dispatch security guards on a short term, like during events, holidays and the like? The more flexible they are, the better.

You would not want to hire security guards from company A, for your regular security service needs, and company B, for your one time security service needs. As much as possible, hiring security guards from one company is recommended as building rapport, and trust is needed for such services.

 

Are they insured and licensed?

They must provide you with current license of the state, and show you proof that their security guards are insured. You would never want to work with security guards that are not trained properly to do security guard duties and responsibilities.

Make sure that they have insurance, as you would not want to be liable for anything that may happen to them while on duty.

Note: It is very easy for them to claim they have insurance and license, but showing it to you is a different story. Make sure that they provide you copy of their insurance and license just to verify their claims are legitimate.

 

How much is the cost of their service?

Hiring the company that submits the lowest bid may not be the smartest to do, consider their qualifications, experience and overall reputation. Questions to ask under this criterion are:

  • How often they bill the services they rendered?
  • Are they charging hourly, monthly etc?
  • Can you still negotiate?
  • Are there any charges apart from the actual service they provide, insurance, transportation, and the like?
  • Who will cover costs for equipment, supplies and uniforms?

But other than the questions above, there is one critical question you must not forget to ask, can you afford their services? You would not want to get the best service but end up with a broken bank account.

Rushing is definitely not the best thing to do when looking for a security guard company to trust. Take as much time as you can, and make sure you are on the right path all the time.

 

 

Blog

Lawyers Gold Coast- Picking the right solicitor

Shakeel Burgess

Whether you are drafting a will, thinking about buying or selling a business or perhaps facing issues in the field of family law, hiring the right lawyers in gold coast is crucial. The following are a few tips to help you select the right solicitor in Gold coast.

Go for a lawyer with an impeccable reputation

You would find out that most attorneys offer a free first consultation. Make sure you attend such a meeting with at least three or four lawyers in your chosen genre. Make sure you take advantage of these meetings. You could determine what kind of person the solicitor is. Whether they are honest about their work or simply someone who could be making a tall claim. Also getting advice regarding the same case from three or four attorneys would help you determine where you stand. The prospects of winning the case or it being in your disfavor.

Look out for the following traits to know whether you are dealing with someone honest and true to their profession:

  • Look for signs of eye contact. Someone who is open and honest about their work would make direct eye contact with you.
  • Make sure you ask them if they have experience dealing with your particular kind of case
  • Get to know if the case has any chances of success. A lawyer who sounds too overly optimistic should be your first choice. An attorney always calculates the risks and the gains and then they could come to a decision. Someone who is honest would be able to give you a low down on where you actually stand and what are the chances of you succeeding.
  • Also you must feel secure while talking to the attorney. There should be some level of understanding. After all you would be discussing intricate information and you must be comfortable sharing it with your lawyer.

How responsive are they?

This initial meeting is also a time to decipher how responsive the lawyer is. Whether they are in tune with the case and they are taking an interest in it or not. Sometimes lawyers are way too bus because they have a good reputation and have loads of clients coming in. However this may cause them to push your case somewhat at the back. If you need someone who is quick to work, then choose someone who isn’t too busy.

Whether you could afford hiring them?

Finding the right attorney also means that you can afford their services. Make sure you inquire the cost in the initial meeting only. This would help you short list the attorneys whose services you could afford thus helping you save time. Before you sign the contract, make sure you have them write the cost of their services in the contract. This would help avoid any problems later on.

Every attorney would quote a different price for your case this is because each have their own method of working. Choose someone whom you think would do justice to your case.

Keeping these things in mind would help you find the best lawyers on the Gold Coast.

 

Leadership Training

The Advantages of Women Leadership Training

Shakeel Burgess

Despite the fact that women play a major role in the corporate industry, there are only 3% women executives in the Fortune 500 Companies. In terms of first level leaders men represent about 51% and women about 49%. However, it has also been observed that as women approach mid and senior level management positions the numbers keep falling off.

The several reasons why women may not play a key role in leadership positions could be attributed to the following factors:

  • There is a lack of development opportunities
  • No women leadership training available at management levels
  • Lack of applicable management culture because too much attention is given to bottom line growth
  • Lack of resources

Women leaders are known to bring in unique capabilities and they make use of their ability to face all kinds of leadership challenges.

The benefits of women leadership training

  • Businesses which make an effort to bridge the gender gap and allow women leaders to come forward have an option of retaining a larger pool of future leaders
  • Having women in leadership roles enables companies to possess a diverse team of leaders who have different perspective and have better ability to think out of the box.
  • Such organizations are known for their culture of equal opportunity and therefore are better able to retain the budding talent as well as attract individuals who are known for their creative leadership abilities.
  • Women leaders who work for companies which focus on women leadership training are often happier and more productive. Their productivity in turn helps keep everyone happy. Employees working under women leaders tend to perform well because their management takes an active interest in them.

What should women leadership training focus on?

There are certain topics which should be the primary focus of leadership training for women in Australia. These include the following:

  • Leadership skill which would enable them to meet specific leadership challenges
  • Use their own personal influence and ability for the betterment of the organization
  • Training which helps women leaders sharpen their business acumen. A program which helps them understand the market, managing talent, financial monitoring and setting goals and then making evaluations.
  • Ability to manage conflicts and resolving issues amiably.

There are also certain topics which are traditional yet equally important that should be implemented. These include developing strategic thinking, team building, honing emotional intelligence and developing presentation and communication skills.

Developing a leadership is important for all companies if they want to prosper and grow. In today’s dynamics, companies which take care of the personal growth of their employees tend to fare well then their competition. It’s a known fact that women leaders bring a great deal more on the table. This is because women have an innate sense of empathy which simply needs the proper training to be used skillfully at the work place. Also individuals working for women leaders tend to outperform those who work for male leaders. This is because they are in sync with their managers and because the communication is free flowing and easy.

 

 

Software

4 Best Accounting Apps for Your Business

Shakeel Burgess

Accounting is fun for a few people but for majority of us its hell of a burden and a task that gives you nightmares and never ending headaches. We need our work done related to accounting as soon as possible with the help of accountants brisbane northside. Whether there is an accounting student stuck on a query or a business man fed up of account issues at the end of a hectic day, everyone needs a miracle when it comes to accounting. As we are living in the Information Technological era where internet of things is on the top of everything.

Some considering IT specialist have developed few software and applications that will not only make accounting easy but also a great fun. In the following article I have discussed the four best apps that can help you go through your accounting tasks.

1. Akaunting

Just from the name it can be judged that it’s an accounting app for sure. This is one of the most popular application. This app is used widely in many business by store owners and by the finance and accounting students. There are many apps installed in shops so that whenever you are about to pay, app connects you to
the Akaunting app for your billing on behalf of the shop. Another reason for its popularity is that it is installed behind the billing as a third party for installation in google play store as well as the App store.

2. GnuCash

Although this app was established a long time ago but the main programming and billing on GnuCash started in 1997 where as it was officially released in 1998. In 2012, the android developing of the app was announced. GnuCash is more popular among the users belonging to various NGOs. App has also been involved by law agencies in order to pay off student loans in many parts of the world. This app also features accounting for small and homes base business.

3. Kiwili

Kiwili is also a popular ERP or enterprise resource planning system. This app not only refers to the accounting but also known as a good project management app. Kiwili is an online application or software. It was basically designed to handle short term and small business tasks. Along with the project management and accounting, this app provides help with business management. The thing that makes the app popular is that it is free.

4. Officewise

The app was founded in 2012. Main purpose of this app was to share administrative burdens of small business. Although it is a paid application but Officewise provides a free trial to those seeking for the perfect application for their accounting related issues. After free trial is over, it provides three types of payments plan to choose that suits you best.

Blog

Management Program or ERP Software?

Shakeel Burgess

What distinguishes a management software from an integrated software for the automation of business processes?

Many people call the first “accounting programs” or “business management programs” and the second “Software Erp” or “integrated business systems”.

We go beyond simple definitions and try to understand the main differences.

Accounting and management software

Accounting software is mainly used to comply with regulatory requirements established by applicable laws (calculate VAT to be paid, withholding tax, newspaper, balance sheet, etc.). Almost always these software are used by administrative employees who work mainly for the above purpose. Other business users do not use these procedures and are therefore excluded from the system.

In many cases, especially in the smallest businesses, the choice is made on the basis of suggestions from the accountant, who obviously recommends using a software compatible with the one he used in the studio, without considering that the accounting of a company may require criteria of organization and evaluation very different from those set for the sole purpose of fulfilments …

With the management software for companies, in addition to the functions of accounting, we find other functions such as sales management, purchases, warehouse, production etc. In this case, therefore, many business users use management software to enter data and to consult updated information.

Not just functionality

However, the fact that a software has multiple features is not sufficient to create efficiency and automation of operations.

Many management software, for example, have been written over many years of activity, adding new modules and functionalities over time. This approach is often not efficient because the system does not have an overview of business flows and above all there are no functions to create automation rules that connect all the user’s operational steps.

If we take, for example, the accounting functions of a management software, we will see that administrative users manually perform a series of operations that are completely free fromactive and passive cycle documents (sales and purchase invoices, receipts, payments, etc).

What can this do?

First of all, the accounting facts could represent a different reality from the management one. This is not a secondary aspect, especially for the ownership of the company, which in this way does not have adequate tools for control. Let’s assume that the new administration employee is wrong to associate some accounts of the chart of accounts with accounting records and a revenue item that was associated with a certain category of products is associated with another category, how will we realize this error?

Another important factor are the times of the activities, which in this case are certainly longer, and the impossibility of creating automation rules that modern systems provide. To learn more about this topic, read the experience of Matteo Pillon , an expert in management control, on how to manage accounting with an ERP software.

Beyond accounting. Marketing and sales management.

Let’s move for a moment from accounting and think about sales. Very often the company sellers do not use management systems as they do not have applications that support their needs. A seller must be able to track the activities he / she does with a potential client or with the client acquired, must have simple and immediate information to decide the actions to be taken. We talk about users who are often off-site and therefore have to work with mobile devices and in completely different contexts from the user who works comfortably seated in front of the computer in the office.

What we usually see is the “do it yourself” solution, that is: the commercials manage their activities with individual tools (file word, pdf, excel, so many mails etc ..) then they pass the orders to the commercial back office via e-mail. provides to enter the data in the management program. Once again we lose the benefits of automation, manual management processes with a high risk of errors and obviously higher costs for operations .

You do not have an overview of what the company is doing towards a specific customer. Once again we have the different departments that access information that is isolated on different systems.

Marketing does not have complete information to plan targeted campaigns and automatic actions when precise sales-related events occur.

Integrate the management with other vertical software

Many companies try to integrate management software with customer relationship management systems (CRMs). Integrating completely heterogeneous systems involves considerable costs and concrete management difficulties. These strategies pose again the problem of automation .

How can I program automatic checks throughout the supply chain if a data is processed by different programs at different times? What happens when the software manufacturer performs updates? Will the synchronization system continue to work or do I have to take action? If the seller opens the card of the customer in his CRM will be able to see in real time the administrative data, ie the payments situation, the purchase history, open orders etc.? And if the commercial inserts a note on the CRM related to the agreements made for payment, can the administration view this information?

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How to open a company: guide in pills

Shakeel Burgess

You are aspiring entrepreneurs but do not know what kind of company to open and how to set it up? Do you want to know immediately all the responsibilities for the entrepreneur and for the members? In this article we try to provide the answers for those who choose to open an independent business, analyzing and comparing partnerships of people and capital.

What kind of company?

The company is an economic organization that produces goods or provides services. Depending on the sector of activity in which it operates, our economic system places them in three macro-sectors :

  • Primary (agriculture, forests, animal husbandry and fishing);
  • Secondary (manufacturing, mining, production, construction);
  • Tertiary (service activities, including the PA).

=> Discover rules and incentives for starting a business

Companies are also distinguished on the basis of profit. In this area there are companies working to achieve a profit to be allocated to the owner or partners of the company, and the companies ‘ non-profit ‘, non-profit organization such as non-profit , non-profit organizations of social utility, which operated as a manager, like any private company, they operate with the constraint of covering costs but do not distribute profits to the owners (to set them up, they need a “found raising”, search for donors and sponsors consistent with their mission).

=> Find out how to choose the right activity

What legal form?

The companies are also distinguished in partnerships (Snc and Sas) and joint-stock companies (Srl and SpA).

In order to set up an SNC (a collective company), a written document must be registered with the Business Office, which must include: general information on the shareholders, company name, indication of the shareholders who are responsible for representing the company, corporate purpose, indication of the registered office, contributions by each member, services to which all the members are obliged, duration of the company and methods for the distribution of profits and losses.
The partners they are unlimitedly and jointly responsible for social obligations. Amounts can not be distributed among the members if they are not actually obtained profits and, if a loss of the share capital occurs, it is not possible to distribute profits until the share capital itself has been reinstated or reduced accordingly.

=> Business creation: instructions for use

The SaS (limited partnership) has two categories of members: general partners and limited partners. The difference between the two types consists of the greater obligations and responsibilities provided for the general partners with respect to the limited partners. The limited partners, in fact, respond for solidarity obligations limited to the quota conferred while the general partners are unlimitedly responsible. The greater responsibility is compensated by the fact that only the latter can represent society and make their names appear in the company name.

=> Establishment of a Srl

La Srl (limited liability company) is a limited company and responds to social obligations with its assets. The minimum capital is 10,000 euros, however, special limited liability companies with a share capital of one euro are under development. If the company formed a unilateral act, it becomes “unipersonal limited liability”. The characteristic of this company is the presentation of a single member.

=> How to open a simplified Srl

The SpA(Società per Azioni) is a capital company with patrimonial autonomy. The company repays its debts with assets. The member’s quality is obtained through the purchase of shares. The shareholders, however, do not administer the company nor can they take direct knowledge of the documentation relating to the administration activity. When the capital is reduced by more than a third as a result of losses, the directors must convene the meeting. If, within the next financial year, the loss is not reduced by at least one third, the shareholders’ meeting or supervisory board approving the financial statements must reduce the capital corresponding to the loss ascertained. If the loss involves the reduction of the capital below the legal minimum, currently equal to 120,000 euros,

As with the company, the corporate law reform offered the possibility of setting up a joint-stock company by a unilateral deed, ie with a single shareholder ( read more ).

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