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Month: January 2017

Bookkeeping Outsourcing – Money And Time Saving Service

Posted on January 26, 2017  in Uncategorized

Account managing is an extremely tedious work of a company and requires expert assistance for overcoming the difficulties. Errors in bookkeeping are absolute no-no in tracing the success graph of the organization. Therefore, devoted and dependable bookkeeping experts are essential for each and every firm to avoid any chaos in this department irrespective of the fact the firm is small or a large one. Without bookkeeping experts the company has to find appropriate employees for this task which is a difficult task as well as very expensive also as they demand high salaries which is not possible for the companies to afford. This makes bookkeeping outsourcing an only solution to this problem.

The professionals hired are responsible for making a record of accounting transactions devoid of any mistakes. To accomplish this task perseverance, time as well as accurate collection is the key words. The bookkeeping professionals keep a track of purchase, sales dealings plus the balance sheet as well as the profit and loss financial statement of the organizations. So, you can keep your minds free from any tensions regarding the bookkeeping task and engage yourself with other areas which demand attention. With this you can make contributions in the development as well as the production made by the firm.

Making investments in the bookkeeping outsourcing can be considered a valuable worth for money. This is mainly due to the reason that the firm will be in a position to save ample money which is required otherwise to pay the individuals specifically hired for the bookkeeping task. Apart from this the company will not be required to invest money on the accounting department upholding plus the infrastructure essentially required for the employees. In bookkeeping services a subsidized sum is given to the bookkeeping firms for their esteemed services.

The professionals at these firms offer an absolutely accurate data as they are well experienced in their task. They assist you the best by saving your precious time in spotting the errors in the books of accounts, thereby devoting the time to the core activities of the business. They also provide you with the fair idea as to where excess of money is being spent that can be cut down upon and other related matters. This way these bookkeeping firms are crucial to any business as they book profit for the firm as well as optimum usage of the resources.

However, prior to making any selection of the bookkeeping firm it is essential to check out that the firm selected by you is competent enough to handle all the tasks related to bookkeeping in an efficient manner to avoid any kind of crisis in the future. For this you can ask suggestions from your family and friends who have availed the services of bookkeeping firm in the near past. A well established bookkeeping firm will offer you services which are unmatchable and gives you a convincing solutions for any accounting problem.

To find bookkeeping outsourcing services Internet is an appropriate medium. So, just log in and find the bookkeeping service which is most suitable to you.

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Month: January 2017

Are You a Linear or Global Thinker?

Posted on January 24, 2017  in Finincial

To determine if you are a linear or global thinker, you first need to understand how a thinking style is different from a learning style. In basic terms, a learning style is how you receive new information. The three primary learning styles are Visual, Auditory, and Tactile.
But a thinking style is how you process new information; in other words, your personal thinking style is your most comfortable (and efficient) way to analyze and act on new information that you have already received. The following thinking style definitions should help:
LINEAR STYLE (or Left-Brain Dominant)
Linear thinkers prefer a very structured approach when processing information. If instructions use a sequenced format (Step A, Step B, Step C, etc.) strong linear thinkers will feel more comfortable starting “Step B” only after “Step A” has been fully completed. Overall, linear thinkers like structure and predictability. Mathematics & Accounting are considered linear-oriented subjects.
GLOBAL STYLE (or Right-Brain Dominant)
Global thinkers (or “strategic thinkers”) are more comfortable with new information if they can put it into context with the big picture. They also tend to be impatient with linear subjects and step-by-step instructions – they prefer access to all the information early on so they can relate it to their overall goals. Philosophy & English Literature are considered global-oriented subjects.
Here are two broad examples of how strong linear thinkers and strong global thinkers might approach the same task differently.
Planning a Road Trip
Strong Linear Thinkers will plan out every detail of the road trip; they will determine – in advance – which roads to travel, the location of restaurants along the way, and the necessary items to bring.
Strong Global Thinkers will get in their car and drive.
Assembling Furniture, Toys, or Electronics
Linear Thinkers will neatly lay out all the parts and read the instructions carefully before starting the assembly.
Global Thinkers will look at a picture of the assembled product and then try to put it together like a jigsaw puzzle (e.g. “this piece looks like it fits here, this piece probably goes here…”).
THINK ABOUT IT
Of course, it would be nearly impossible for a person to possess only one thinking style and still be able to function adequately in our complex world. Even if you have a dominant style, at some point you will need to incorporate both thinking styles to complete certain tasks. For example, when determining how much to tip a waiter or waitress, you must use linear skills to calculate the percentage for the tip (for those who don´t rely on smartphone apps). But you also need to use global skills to judge the quality of service and amount of money needed for additional purchases that day.
STILL THINKING
What games do you like to play? What part of the game was the easiest for you to learn? As you think about it, you’ll begin to recognize that you incorporate your own personal thinking style into the application of everything you do, including games. For example, a golfer with a strong linear thinking style will likely have a set routine before each golf swing (and focus intently on the mechanics of the game). A golfer with a strong global thinking style may tend to be more of a “feel” player (and pay less attention to the numerous details of the golf swing). Of course, it doesn’t have to be a game; it can also be a hobby, or even your job. Think of your personal thinking style as your personal aptitude, something that comes relatively natural to you.
But what about those boring or challenging tasks you tend to avoid? The first step is to examine how you usually complete the tasks. You might be using a technique that someone else taught you – a technique that worked for your instructor, but may not match your particular way of thinking.
If so, consider what you ultimately want to achieve when completing a particular task then re-invent the process using your own thinking style. At first, it may seem a bit awkward because we are accustomed to following instructions from others, but if you make small changes in the process as you go, the transition to your own style will feel more natural.
For example, letś say you are a strong global thinker and must complete a linear-oriented task such as bookkeeping. A bookkeeping instructor will have taught you how to make certain the numbers are accurate and in balance, but as a global thinker you should also consider how those numbers can benefit your organization. In other words, as you check the numbers, try to determine why a specific expense costs a certain amount, or why the revenue you received wasn’t higher. By using a long-term, strategic perspective to complete a very linear task, the task will feel less tedious.
Or, letś say you are a strong linear thinker and must complete a global-oriented task such as developing new marketing ideas. Typically, marketing teams have several global thinkers who like to present broad and unstructured concepts. But following their approach would frustrate you since linear thinkers prefer details and structure. Therefore, before you start, you should create a worksheet for collecting, sorting, and analyzing all the new ideas that will be presented. As a linear thinker, this will make you feel more in control of the creative process since it provides some degree of structure and predictability. Your worksheet will also help your global thinking teammates remained focused on the goal, though they are unlikely to admit it.
MAKE IT EASY ON YOURSELF
At some point, we all need to perform tasks that are outside our thinking comfort zone. Fortunately, you can use your natural thinking strengths to make those less desirable tasks a little more appealing. Don’t like details? Put those details into context with the big picture so they become relevant to your overall goal. Don´t like working in an environment that is unstructured? Create a personal step-by-step process for completing your tasks to feel more in control.
Another option is to partner with someone who has an opposite thinking style. Global thinking managers often hire linear-oriented assistants to help complement each other’s natural way of thinking. Even marriages can benefit from opposite thinking styles. After all, a marriage with a global thinker and a linear thinker offers a nice balance between impulse and practicality – though there may be a debate over who possesses which trait.
To discover your personal learning and thinking style, you can take our free Learning & Thinking Style Assessment at

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Month: January 2017

4 Ways to Increase Your Financial IQ

Posted on January 24, 2017  in Finincial

Do you know what your financial IQ is? You have your IQ, or intelligence quotient, that assesses your overall intelligence level, and an emotional IQ, which measures your ability to control your emotions. Your financial IQ is a measure of your financial intelligence – how well you do with money!
Having a high financial IQ means the most when it comes to your financial success. You can be smart and make a good income but have a low financial IQ, meaning you handle money irresponsibly. A high financial IQ means you make smart financial decisions and take the right action to better your financial circumstances. People with a high financial IQ understand exactly what to do when it comes to managing their money and do it!
Anyone can increase his/her financial IQ. It doesn’t take a Harvard graduate to do so, just pure willingness and commitment to turn your financial situation around. Regardless of how much money you make, you can begin increasing your financial IQ now. This will make you feel financially empowered. Are you ready?
Here are four ways to begin building your financial IQ today!:
1. Stop Avoiding: How long would your boss keep you around if you just ignored or avoided those tasks you really didn’t want to do? Not long–that’s for darn sure! When you begin to give your finances the attention they deserve, that’s when you’ll begin to see change. Working on bettering your relationship with money will increase your financial IQ.
2. Educate Yourself: I’m not suggesting you go back to school to learn about finance or enroll in a class so you know more about stocks and bonds. It’s not necessary that you understand the details of investing when you can hire a trusted advisor to help you with those choices and decisions. It is important that you understand how to change the way you behave with money. Notice how you behave with your money and what decisions you make every day that either better or worsen your financial situation. Commit to engaging in only those behaviors that benefit you. This will increase your financial IQ.
3. Shift Your Thinking: Often it’s our thinking that keeps us in a place where we aren’t growing intellectually. To increase your financial IQ and feel financially successful, shift your mindset. Start thinking more about building wealth than the next expensive thing you think you just can’t live without. When the focus is on spending, it keeps your financial IQ low, but when you start thinking about how to have more money, you’ll increase your financial IQ and start making decisions which follow that mindset. Getting smarter means thinking smarter!
4. Spend Your Time Wisely: Increasing your financial IQ involves allocating time to actually doing the work required to live healthier with money. To be well with money, you’ll need to do well with money. Freeing yourself of debt will increase your financial IQ, so too will controlling your everyday spending. Instead of waiting and wondering whether you can afford what you want, take time each month to plan out your finances by writing down exactly what money comes in and exactly how you will choose to spend that money. Doing this gives you greater control over your money.
Are you ready to start building your financial IQ? You can, and it doesn’t take a Harvard graduate to do so. You can be as smart as you want to be with money when you work on your financial IQ!

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