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If you’re a mid-size business today, the chances are that you were a small business just yesterday. With growth has come a need for more structure. The on-the-fly practices that served you well in the early days need to give way to more organization and consistency. HR is one area that particularly benefits from definition and clarity. Have you thought about creating an employee handbook? If not, here are four reasons why you should give it serious consideration:

Efficiency

Having one consistent place to communicate your policies makes life much easier for HR and other managers. With a well-written handbook, you can be certain that all team members get the same information about your organization. Handbooks communicate expectations and policies equally. Regardless of position or experience, every employee gets the same message about your company and its missions and values. 

Completeness

Onboarding a new employee is complicated. You’ve got lots of information to present, and it’s easy for things to be forgotten and slip through the cracks. Some of your managers may be more skilled at onboarding than others. A handbook ensures that all the info is covered, including the many perks and benefits your company has to offer. 

Consistency

When your policies are standardized and written out for all to see in an employee handbook, decisions will be more consistent across the organization. For example, when mid-size business background checks policies are included in your handbook, everyone involved will know that background screenings are being conducted fairly and consistently according to the guidelines in the handbook. Managers don’t need to make subjective judgment calls, but can rely on the handbook to guide their decisions which makes many management tasks easier and fairer. 

Protection

Having a solid handbook in place protects your organization from accusations of bias or favoritism. A handbook serves as a resource that everyone in your organization can use to resolve disputes. Well-written, consistently applied policies shield managers and employees from unfair treatment. Your employee handbook can also serve as a defense against legal claims brought by current and former employees. It may also decrease the likelihood of such claims, as employees will be aware of your efforts to be transparent and non-discriminatory. 

Be Proactive

A comprehensive employee handbook is a proactive measure designed to define your organization’s culture and be fully transparent with all your employees. Great handbooks reflect your values and contribute positively to the company. They make life within the business at all levels easier. If you don’t already have a handbook, now is a great time to create one for your growing business. 

 

If you are planning to start your accounting firm then it is as good as starting a small business, where you need to do lots of planning and work.

An accounting business will generally take care of the finances of any other people, who may either be a businessman or a person with lots of money. An accountant will be trained in analysing, summarising, and also reporting the annual income and expenses so that it can help any business or a person to track and manage effectively their money.

Since accounting business also needs to create their online presence so that any of their customers may able to find them on the internet. Therefore, even any accounting business can enlist them on bleen.com.au or any other online directory about their service.

Equip yourself first with key industry skills

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To become a skilled accountant, you need to prepare yourself with the necessary training and qualification. You also need to develop a certain kind of mindset to become a successful accountant.

As a professional, you must be able to analyse and summarise various financial data effectively and produce a comprehensive report for your client that should be user-friendly too.

Besides acquiring the necessary training for working as an accountant, you must also possess the following few additional skills:

  • Clear communication
  • Strong writing skills
  • Critical thinking
  • Time management
  • System analysis
  • Sharp eye to detail
  • Organisational skills

What will you need to open your accounting firm?

As mentioned before, to start an accounting company is more or less the same as starting any small business. However, this being a special kind of business hence there are a few accounting-specific requirements. You must remember that now you are starting a business on your own.

So, you must start by knowing your basic purpose, and also what is your market. Based on that, all your other decisions will follow that include:

  • What services will you provide?
  • Will you need a virtual or physical location?
  • What is your target demographic?
  • What is your business location?

After you have selected your location and also decided your goals, then you have to consider all the nitty-gritty of owning your business. You will there need to:

  • Obtain EIN (Employer Identification Number)
  • Obtain tax ID number
  • Investigating all employment laws
  • Decide your startup cost
  • Develop your pricing structure for providing services
  • Decide the legal structure of your business
  • Create your business bank account
  • Look at your business insurance
  • Develop your internal policies and rules
  • Hiring employees (if needed)

Besides all the above, you also need to think about your day-to-day needs to run your business, which will include managing different risks, basic administrative tasks, and also few general questions like how and where will you meet your clients.

Set up your office

Finally, you must have your own office to do your business. Most people these days prefer to do such business from home itself. You have to find a suitable place where you can set up your office and have the necessary furniture and computers. You will also need to purchase necessary software to ease your business. If you are looking to incorporate a company in Singapore, you can check out https://www.morrisonconsultants.com.sg/company-incorporation for more information and professional guide to do so. 

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When it comes to getting more traffic, one of the best ways to do this is to start emailing your potential customers on a regular basis. This is how a lot of businesses get to be so successful in the first place: they were able to build up a huge database of people that are interested in what they are selling.

Email is also a great way to build good will and to gain trust with the people who visit your site. If you don’t have an email marketing campaign but would like to do a good job with email marketing to do with an existing website, here are some tips to get the most out of email marketing for your business.

1. You should always choose a subject of your email that is closely related to the subject of your website. By doing so, you will be able to attract the traffic that you want and will also have a smooth transition for the person who sees the email as soon as they sign it up.

2. Very, very important, the subject needs to be compelling. You can’t just simply leave the subject of your email as one that simply has nothing to do with the subject of the website email. Without intention, you’re not going to be able to get as much email marketing done in this way.

3. When it comes to your website, you can use HTML to make it stand out amongst everyone else’s business websites. Simply make sure that your website looks professional and that you put everything above the fold. That means that you should have a website header, footer, and even a place where people can make contact, such as a contact page, and an URL on the bottom of the page.

4. Make sure that you receive announcement emails and not spam. Spam is totally unprofessional. Plus it’s just a waste of your time. People will simply delete your email if it looks like spam. Likewise, you don’t want your email getting into the trash.

5. Every once in a while you can send something that is more of a small offer like a free product if you’re marketing an online store. You will get more opt-in email marketing done this way. Of course the free offer should be a great way for people to remember who you are and what you are promoting.

6. When you’re emailing people about your website, make sure that you have some text at the bottom of the webpage that features your website. This makes it clear to the person what the website is about. You also want to include a tag line or description. A person too, needs to look at text on the website that describes exactly what you do. If they don’t see that, they won’t know that this is about your website.

7. Another important thing to consider is to include everything in your HTML code so that it’s just a death sentence or two away that the website will be referred to as a web address.

8. One very important thing about your website and what you are trying to do with your email marketing is to make sure that the web address is not going to be blocked by a spam filter, even if the site is, in fact, spam. The secret with this is to make the ‘spam’ label that’s been put on the email go away completely. We all know that it’s embarrassing to subscribe to sites that send you an email.

It may all seem complicated and hard to learn, but it really isn’t. But, you must do what’s needed to attract web traffic and then give them the information about your business that they want to know about. You see, most of the people who visit are there because they are looking for some information, so all right. You know what you want to do, and you’re different from the crowd.

Yes, it appears more profitable to use crypto trading bots than to do the trading manually. As much as more crypto experts are switching to trading bots for more efficient trading, others have argued that trading bots are less profitable. That may not be entirely true because a good crypto bot would save you time and provide huge profits.

More so, these days, getting a crypto bot is not as difficult as it used to be. In the past, only rich traders or companies had crypto bots. Take note, not all crypto bots are worth a purchase. 

Features of the Best Crypto Trading Bots

Apart from other outstanding features of crypto trading bots, one of the most notable is that it saves time. For instance, with the crypto bot, you can trade round the clock and actually be present. Below are features of top crypto bots:

  • Beginner-Friendly : A crypto bot should not have a complicated layout for beginners to understand. A good crypto bot should be beginner-friendly and easy to use. Experts have suggested that crypto bots should be designed as if they would be used by students in high school. At least that way, a trader can configure the bot without any hassle. 
  • Time Saver : Depending on the market, you may need to trade all night to make a profit. However, with the crypto bot, you can go to sleep while the bot does the trading. Losing sleep constantly can cause some health issues. So opting for a crypto bot that trades round the clock is the best option.
  • Fast : regarding trading cryptocurrencies, speed is a very important virtue required to enjoy trading with a bot. While it may take humans a whole day to carry out a particular trade, crypto can do it in less time. Also, bots can take advantage faster. They can make an order regarding an offer before it closes. 
  • Price : While you may find crypto bots that ask for a fee, some offer free services too. Nonetheless, it is better to opt for cryptocurrencies for a fee than to use the free cryptocurrency version. However, if the crypto bot offers a demo version before you buy it, you can opt for the crypto bot to understand how it works. 

What to look out for before Investing in Crypto Bots ?

Before you invest in a crypto bot, you need to ask some questions. Don’t invest in a crypto bot by asking the following questions:

  • What is the professional experience of the senior traders ?
  • Are their algorithms popular ?
  • Is their success linked to yours ?

When you get good feedback, then you can get the crypto bot. 

Wrapping Up

Like every other thing, the crypto bot also has its disadvantages. However, on a scale from 1 to 10, using crypto bots can be ranked at 8.5. The risk is lesser and it provides more gains. However, make you get a crypto bot that is tried and tested. Visit napbots.com for the crypto bot. {“mode”:”full”,”isActive”:false}

Covid-19 Second Wave: Impact On Property Prices And Real Estate

The North American housing market has seen significant shifts since the start of the COVID-19 pandemic. US real estate prices were already high and have seen a peak in the last year unlike anything the market has witnessed in many years.

An Insurify analysis of the cities with the greatest pandemic real estate booms found that between April and July 2020, the average rate of home sales had increased, exceeding the previous year’s rate by 66 percent.

Likely homeowners have been relocating to the suburbs in record numbers. That’s partly because housing preferences have shifted: more people are choosing a larger living space over proximity to the “action” of a city center.

Driven partly by Millennial mentality, the market has become a battleground for dream homes – buyers are being bullish – and the result is skyrocketing real estate costs.

The pandemic has also prompted a renaissance in real estate technology as fintech companies like Nobul gain traction in an effort to facilitate those sales.

As the virus distrurbed the economic stability of entire nations, the housing market in North America remained remarkably stable, seeing a 13 percent increase last year. 

The 2020 real estate market has proven that many interested homebuyers will invest in a new home even during a time of economic pessimism, often by looking for homes in more affordable areas.

To understand the changing priorities of home buyers and those preferences are reshaping the real estate market, the research team at Insurify examined data from Zillow.

On average, those who moved to a new city in 2020 ended up in a ZIP code with average home values nearly $27,000 lower than in their previous ZIP code, according to Zillow.

Those who changed homes in 2020 also moved to ZIP codes where the average home sold was 33 square feet bigger than their previous home, Zillow reported.

“What that suggests to me is more movement away from the more expensive housing markets in the country,” Jeff Tucker, a senior economist at Zillow, said in a KXAN story.

But what will the remaining months of 2021 mean for the market?

There are some signs that the US housing market is moderating after months of surging prices. Now that inventory is near record lows and prices are climbing at the fastest rate ever, buyers have had enough, according to Business Insider, and are forcing the market to cool by simply saying “no” to high prices.

Although sales of new and previously owned homes are still above pre-pandemic levels, the numbers have slowed from the peaks in fall 2020 thanks to a dwindling housing supply.

“The steady decline suggests the market boom could be normalizing,” the article said. “It also comes as median selling prices for new and existing homes sit at record highs, presenting an affordability problem for buyers just entering the market.”

Americans’ attitudes about housing have hit rock-bottom. In a survey from the University of Michigan about consumer sentiment, 54 percent of Americans polled said it was a bad time to buy homes in May. That’s the most pessimistic outlook since 1982.

This slowing down of the housing craze of the last 12 months is leading economists to believe that 2022 will be a markedly more modest market.

Also among economists’ varied concerns is housing price inflation – and the belief that inflation could be tempered by a number of factors as the dust settles from COVID.

Still, some believe that Millennials – who now have buying power and are in the hunt for their first homes – will help cushion the market.