Author: Complete Controller

In the beginning stage, social media platforms have only one option. Everything is available in the news fees. Nowadays, you have two options to create a story and news feed. What are the differences? Why were stories feature added when you already have a newsfeed option? How do they impact the business? And which one is more beneficial for companies?

Posting a story leads you to confusion. If you are from one of them, do not worry, you are not alone. Many social media users have been left wondering regarding the variations between the content on stories or news feeds.

So, in this blog, you will go on a ride discovering the differences between them and tell you which one to use for business.

But before starting the real action, let back to the days and understand how and why stories gained place next to the news feed option.

Let us Start

In previous days! When posting anything on your friend’s timeline was an exciting thing to do. Now, posting something on the news feed looks unappealing and boring. Facebook made different changes to its feed algorithm, full of business pages and personal profiles, not offering a proper space.

That is when stories revel in. Stories offer you the opportunity to select the content you want to see. It gives prepared content where you can overlook the ones you don’t want to see and view others. Stories feel personal and exciting. Facebook knows that. Hence the interim from feed to stories, which are the upcoming Facebook for the news feed, is losing its attraction day by day.

Basic difference

The news feed is the main functionality of Facebook and has been part of it from the start. If you post an updated news feed utilizing the what is on your mind box, it will seem on your timeline, or wall, or whatever you like to call it. You must scroll down to search for new content.

On the other side, the story creates an option that is just new. Choosing it added content to your story. Stories are just like a slide show offering a new video or picture within a few seconds, which plays a vital role in promoting your product or business. The sequence is set to continue new stories new the previous is ended. Stories disappear within 24 hours, whereas the news feed is for a lifetime until you delete or remove it.

With the growing range of Snapchat, we have become familiar with sharing various and frequent updates the whole day. A way of communicating that just does not it with the tradition. Sharing stories is easy to update and less time-consuming.

Why stories feature added when already have newsfeed option

The feature that exists from the start of social media is Newsfeed. Corporate sector people have less time to do marketing. They do not have any specific marketing strategies to waste much time on daily posts and make each news feed’s content. Social media platform provides an innovative way that is less time-consuming and dramatically impacts the audience.

How do both impact business?

Social media marketing is a great way to market your business or products. Social media marketing is an economical and easy way for most startups to promote their product and give a unique name to the audience’s mind. This can only happen when you regularly interact with the audience. For that, the news feed is more time-consuming to make content and search for so long. Compared with a news feed to regularly connect with the audience, updating stories daily is the most effective way to interact with the audience.

Which one is more beneficial for businesses?

For the business world, both have their unique importance. Let us talk about news need first, news feed. Newsfeed consumes more time but has lost a lasting impact, as it cannot be removed until you delete it. The general audience shares their reviews and comments to the post that could be the better option for the business, but it is time-consuming. It is less time-consuming for stories, so you could regularly connect with the audience and make them aware of promotions and the latest updates.

Bottom line

Any technology innovation has both positive and negative impacts when you have any technological innovation. Similarly, in the case of news feeds and stories, both have their importance in the business market.  

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

Logistics flow management is related to a series of factors that directly or indirectly influence the different functions of an entrepreneurial venture. Considering value- chain is another name for logistic flow, each function must add value to your business. Precisely put, logistics flow includes activities happening in a warehouse. From initiation to the point of distribution – all the activities during the process come under the shack of logistic flow. If it so happens that your business lacks keeping with the pace of logistics, consider the tips below.

Control the minimum and maximum stocks

Let us face it; no clientele would ever expect their orders to be delayed. While advancements are taking the world by storm, cloud management software helps you establish minimum and maximum stock in your products. In this way, you can send a purchase order before they are finished so that shortage does not occur. Also, through cloud management, you get to control the number of products, ensuring there is no excessive accumulation of stocks in the warehouse that might generate a logistical problem due to lack of space.

Establish a good stock rotation system

In a warehouse, we must consider that depending on the characteristics of the stock and the management system of the logistics flow of the company rotation system is a part of the logistic flow. For example, in companies where you work with perishable products, you should always take out the nearest expiration date, i.e., consider using FIFO – first in first out strategy so that you get to improve the efficacy in your logistic flow.

Simply put, the first product that enters will have to be the first product that comes out since otherwise, the products might perish, and all your stock will be at stake. On the other hand, in imperishable products, the first product that enters will be the last one that comes out to make it easier to maneuver with them. Knowing imperishable products do not perish as easily as others, they have the edge over the others. 

Optimize spaces in your warehouse

In a warehouse, every inch counts. That is why we must establish standards for storing products on shelves, pallets, or spaces that have been organized for it. As you also must continue the operate the distribution of all the products to get the trucks and vehicles rotating all the flow, you must also establish spaces between shelves and products and, in short, structure the warehouse well to ensure good handling, transport, and maneuverability of the means of transport.

All in all, as optimizing everything is these days, consider optimizing all the spaces in your warehouse. Organize your warehouse in a manner that you get to make the best of every situation.

Manage warehouse movements to make them more efficient

 It is essential to control the warehouse movements so that everything works efficiently. Receipt of orders, preparation of packages, labeling, quality control systems- everything requires thought-out research and optimized flow. You will also have to manage the ‘palletizing’ of the goods appropriately so that you can conveniently maneuver with them. All in all, make good coding and labeling of products that facilitate the location and identification of them, both individual products and batches of products.

Facilitates accessibility and conservation

The products that are sold the most are those that must be more accessible. Keep in mind that they will be products with which more orders will have to be prepared, so in addition to occupying an essential part of the warehouse, they should facilitate operations. Also, consider taking care of the cleaning conditions, ensure proper preservation of the products, avoid the breakage of the products, and ensure that they are perfect conditions to send to the customer.

Bottom line

Managing logistics is not as hard as it might seem. Now that our world has advanced and there are new  

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

After delivering the engagement ring, comes one of the moments where the couple must agree and choose the rings that will mark their love for a lifetime.

One of the most emotional moments in a couple’s life is the marriage proposal. The nerves of the groom or the bride are in full bloom, and the tears of the couple’s emotions are sometimes inevitable and become part of a memorable moment. Then comes the choice of wedding rings, a step that requires a couple’s choice, for which they must agree on the color of gold, diamonds, and the design that will seal that union.

The election process is not as magical as the proposal was because it requires measurements, adjustments, and design changes. That is why Diners has put in the task of gathering the most practical and essential advice for the occasion.

Be sure to choose gold

Expert jewelers worldwide recommend never changing gold to another precious metal because it symbolizes abundance and prosperity. What they can do is to mix the three varieties of gold: yellow, white, and pink, in one, in addition to choosing the finish in matt, brushed, shiny or polished.

On the other hand, the couple must consider their profession when choosing their rings. For example, if they work in fashion design, crafts, architects, engineers, or gym instructors, they should opt for a smooth ring to avoid accidents. However, you can also opt for one inlaid with diamonds, sapphires, rubies, emeralds, or any gemstone that you want to add.

“Also, note that zircons are semi-precious stones that can scratch over time. Instead, the diamond is the hardest natural stone in the world, and only another diamond can scratch it,” said Kevin’s Jewelers, jewelry experts Colombian founded in 1980.

Be smart for quality cut and clarity

Always try to save your money as much as possible. Take care of this, especially while choosing a gold or diamond ring for your wedding. You should select the lowest color diamond that must look colorless when you see it with your naked eye. It is one of the core recommendations of the expert Weissman. If you select your wedding ring in white gold, select it in J, or I color. If you opt for yellow gold, you will choose a K color. There is a great difference in their price of J and D color. 

In the case of clarity, you will follow the same instructions. Always select your wedding diamond ring that must be the lowest in clarity. But make sure you must see it from your naked eyes. It should look identical to an elegant diamond ring, and make sure everyone else assumes it equally. The price difference between a perfect diamond and a clarity diamond is huge. That is among SI1 or SI2. 

Now, it is time to discuss the quality of the diamond cut. You will go to your private jeweler for this if he is responsible, as it depends on your experience with him. It is one of the sincere pieces of advice of the founder of Concierge Diamond in Los Angeles. He also suggests that his customers never compromise on the recommendation, as mentioned earlier. But why is it necessary? Your diamond ring will spark that you will love, and it is only because of the perfect diamond ring. 

Remember, let your jeweler cut the diamond perfectly if you select a so-so rough diamond. Make sure it perfectly looks stunning or not. If your jeweler cut it from the top of the line of rough diamond and he cut it poorly, its look will not be more than garbage. 

It is well known that the color of gold is not limited to the skin color of the couple. It is already a matter of taste if you want it to be in pink gold, white, or classic yellow.

Price

Some experts recommend that marriage rings cost the couple two- or three months’ salary, depending on their earnings or expenses. On the other hand, although it is not known when gold, silver, and palladium can fall or rise in price. Metal Focus consultants recommend buying their rings before the end of 2021. The weakness of the capital markets is forcing Governments to safeguard their investments in assets such as gold.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

Late 20th century, health maintenance organizations (HMO) gained popularity in America. The reason was to control medical expenses. American medical institutions charged pre-negotiated fees for prescription medicines and medical services. Preferred provider organization (PPO) or participating provider options are also the best alternatives of HMO that you can use. It provides features of the traditional fee structure for a service insurance plan. With it, patients can select care providers according to their wishes. They can also follow the strategies of HMO at a lower cost.

PPO registered patients can also see any medical care provider anytime. There is no need to have a referral from a primary medical physician. If you use the preferred providers of any insurance company, it bears a high percentage of the cost. Insured pays a specific amount for medical services in the case of HMO and PPOs. That expense includes a co-payment fee that the insured pays at office visits, as it is one of the standard ways of payment.

Let’s learn more about health insurance and its types.

Types of Health Insurance 

We can classify into three groups the different types of health insurance that we are currently facing:

• Medical insurance:  we are faced with the type of insurance most demanded by users. In medical insurance, the insured chooses the doctors and centers he wants. The insurer will provide you with a list, including doctors and centers, you can attend at no additional cost. This form of insurance can be contracted individually or in groups (for example, families and businesses).
• Expense reimbursement policies:  in this type, the insured pays all medical expenses so that the insurance company then reimburses them. The refund is usually 80% to 100% of the total amount.
• Mixed systems:  This modality integrates medical insurance and the expense reimbursement policy. The insured has the option to choose the doctors and the centers (provided they are within the medical insurance of the insurer), initially paying him that is the number of health services. Later the insurer will refund the appropriate amount.
• Subsidy insurance:  this form of insurance is based on the insured’s subsidy if he obtains a sick leave.

There are other aspects that you must consider regarding health insurance.

In addition to everything discussed above, we must consider the following two points:

• Medical chart of the insurer: the medical chart shows all medical professionals who fall within the policy’s coverage, and therefore the insured can choose. The medical staff is divided into subject indices and doctors and hospital centers indices. The medical specialties are skewed in the first one, and the hospital centers are named with the doctors. In the second, the hospital centers are sorted alphabetically by populations.
• Pre-existing (pre-existing diseases):  there are different pathologies that the insurance company may consider. They already existed before formalizing the contract with the insured. Therefore, it will not cover the expenses arising from that disease.

Insurers can increase the premium to be paid, offer coverage or not for those diseases, or even not insure the potential client. It is for those diseases that were already diagnosed before the contracting of the insurance.

When hiring medical insurance, insurers, as a general rule, will request a medical examination to consider the degree of risk they assume when covering that person. Then you can see the questionnaire to fill out for the medical examination. You have to mention the surgical interventions to which the possible insured has been submitted, hospital admissions, pathologies, diseases suffered, etc.

Catastrophic coverage

We need this coverage at the time of emergencies only. With this coverage, you have a facility of three visits to a plan. In it, the doctor participates in preventive care. For catastrophic coverage, you will not need to pay high monthly premiums. But the deductibles become high at the time of need for usage.

You can offset all your health insurance plans through a flexible spending account or saving account. But you will not include high deductible plans. Perhaps, your employer offers the facility of HAS and FSA so, you should learn about it in detail. You can download and check information for the coverage for your health insurance plan.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

There are several ways to buy a house and invest in real estate. The most common and perhaps “easiest” way is to buy a home is with a mortgage loan. Here we explain what is and how a mortgage loan works.

What is a mortgage?

A mortgage loan is a loan that allows you to acquire a property. It is used to buy a house, a department, a commercial space, a plot of land, or even remodel or build. These credits charge an interest that can be fixed or variable and has a lifetime typically predefined in the medium or long term.

A mortgage loan is a loan that allows you to acquire a property. It is used to buy a house, a department, a commercial space, a plot of land, or even remodel or build.

In short, it is like any other credit, with the main characteristic that they are large amounts, have medium or long terms, and that their main objective is to be used in some real estate investment.

Categories of main mortgage parts

You will have to foreclose on your house if you don’t pay your mortgage.

• Down payment refers to your purchasing capacity as its rate depends on the type of lender, usually around 20%.
• Principle balance – An amount you owe the lender as mortgage relates to the principal balance.
• Interest rate – Lenders lend you paid money in the form of interest. You have to pay it with the debt payment at the time of payoff. It implies the exact amount that you will have to pay beyond your principal balance.

How do mortgage loans work?

There are different types and differences between mortgages, mortgage loans, and other similar products. But in general, they all work in similar ways.

The interested user requests the credit from a bank, financial institution, online platform, or similar. In the vast majority, already with an idea (vague or specific) of the type of property you want to acquire.

The bank or financial institution (lender) carries out a study to analyze the ability to pay and the responsibility of the person requesting the loan. In this study, we review the Credit Bureau bank accounts, among other things, and the analysis determines if it is a loan candidate and also the rate and conditions! That’s why we insist on taking care of your credit history, since the better the score you have, the better credit score that will be offered (cheaper and with better conditions). Here are some tips to improve your score in the credit bureau.

Suppose the researched user complies with the requirements established by each institution. In that case, the lender provides him with an amount of money and establishes the costs and conditions such as the interest for the use of the credit (it can be fixed or variable), the term (goes typically from 5 up to 30 years), among others. Here also forms and payment periods (usually monthly) are established. Some of these are negotiable, so it is important to know the options of different places before deciding.

Once the loan is approved, a contract is generated, the bank pays directly to the seller of the property, and the property remains as collateral in the name of the lender.

After that, whoever receives the credit must pay as agreed to the lender. The property is released until the end of the credit, changing the owner’s name at the end of paying.

The costs of mortgage credit

And, of course, like almost any other credit, a mortgage costs. That lender wants a profit for lending you hundreds of thousands of pesos for several years. In another article, we will explain each type of cost in-depth, but here we explain the most common costs of mortgage loans.

You should know that a mortgage loan involves at least two different payment concepts: the initial payments and the monthly payments. The percentage may vary, but on average, mortgages lend up to 80% of the property’s value. It means that you must have saved 20% of the property’s value for the initial payments and cover the remaining 80% with monthly payments.

Initial payments:

These are the necessary payments to start the loan. They include things like the down payment, opening cost, notary expenses, taxes, etc.

Monthly payments:

These are the constant payments throughout the life of the loan, which include the contribution to capital, interest, insurance, property costs, among others.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

In economics, investment is understood as a set of saving mechanisms, location of the capital, and postponement of consumption, to obtain a benefit, revenue, or a profit, that is, to protect or increase the assets of a person or institution.

In other words, the investment consists of using a surplus of capital in a given economic or financial activity or the acquisition of high-value goods instead of clinging to “liquid” money. It is done hoping that the remuneration will be substantial, and the money invested will be recovered in a not too long term.

Thus, investment can be understood from many perspectives, both macro and microeconomic, that is, the financial management of entire countries or individuals and companies.

In the first case, the investment is considered part of the gross capital formation, one of the determining factors in the constitution of the Gross Domestic Product (GDP). The goods produced by a nation can go to domestic consumption, exports, or be acquired as an investment asset.

However, it is understood as the use of a portion of capital to boost some economic or financial activity pending a return (profits), or at least to safeguard the capital from harmful factors such as inflation.

Types of investments

First, investments are classified depending on the time in which the return (return) is expected. You can talk like this about:

• Investments are temporary. Of a transitory nature, they are made with the ultimate goal of making surplus capital of ordinary production productive instead of relying on a bank account. They usually last for one year and are typically made in high-quality values, which can be sold easily quickly.
• Long-term investments. They are made for a period greater than one year without waiting for immediate compensation and maintaining their owner during the said period.
• Another possible classification distinguishes between public and private investments according to the profile of the transaction and the subject that performs it. Likewise, according to the destination of the funds (the object in which it is invested), they can be real estate, stocks, bonds, or foreign currency.

Elements of an investment

The investments are composed of the following macroeconomic elements, whose sum provides the total investment:

• Gross fixed capital formation (FBCF). One of the macroeconomic concepts that measure the value of acquisitions of new and existing fixed assets, less the transfer of assets made by the State or the government in question.
• Training needs fixed capital. It is obtained by discounting the consumption of fixed capital (depreciation) to the gross formation of fixed capital and represents the value of the resources that have been provided for investment in fixed assets,
• Stock variation. Calculable by checking stocks at the end of a given period, with its equivalent in the previous year.

Top three investment options

National System of Pension

It is a long-term retirement as Pension Fund Regulatory and Development Authority (PFRDA) focuses on investment product management. The minimum annual contribution of April-March for NPS Tier-1 has decreased. It happened for its continuous activation. It is a mixture of government funds, corporate bonds, fixed deposits, equity, liquid funds, etc. Decide the money invested in equities by NPS at your own risk.

Provident Fund for Public

It is a product for which anyone can rush. The compounding impact of tax-free interest has increased, especially in the year later, due to 15 years of Provident Fund for Public tenure. The investment becomes safest since the sovereign guarantees an earned interest and principal investment. The government reviews the interest rate on Public Provident Fund every quarter.

Fixed Bank Deposit

It is comparatively secure than mutual or equity funds. Each depositor can insure up to a maximum amount for interest and principal amount as per the rule of deposit insurance and credit guarantee corporation (DICGC).

In the past, the coverage amounts were higher for both principal and interest rates. According to the requirements, you can choose the monthly, half-yearly, quarterly, annual, or cumulative interest options. Bank adds the earned interest rate to one’s income, and it includes tax according to the slab of one.

With financial market-linked, investments are fixed income. Both of them are essential elements of wealth creation. Market-linked investments provide high return potential, including high risks. Fixed-income investment preserves your accumulated money as it fulfills the desired aim.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

Internet is already part of almost all our daily activities. Everything is just a click away from the computer, mobile, or tablet. We consult the time, book trips, buy gifts, and do bank operations, putting our money in motion.

That is why security is so essential in these transactions. Today, February 9, World Safe Internet Day is celebrated under the slogan “Put on your part for a better Internet.” In a society where banking “online” has managed to overcome the reluctance of those who consider a less secure environment and have more and more followers, security when making transactions, operating Exchange or funds is key. From the digital bank, Self Bank ensures that online banking “is safe, uses data encryption, layers of security and systems that detect anomalies and fraudulent uses.” However, we remember a series of tips to operate through the Internet:

1. Access from secure networks and terminals

When doing banking operations, choosing computers that we regularly use (home, work) is advisable, avoiding completely using computers or public Wi-Fi networks that could capture personal data. In the case that its use is strictly necessary, the best thing would be to change the bank passwords as soon as possible.

2. Do not save confidential data

You must never archive keys, account numbers, passwords, numbers of cards, or other confidential data on any computer.

3. Always keep the bank’s address

To access our online bank, we must always write the address in our web browser, avoiding accessing it from an unknown page or email.

4. Check that the page has a padlock

Once inside the page of our bank, we must check that the web is safe, seeing that there is a padlock in the browser bar. If it does not appear, it is not reliable.

5. Change keys frequently

Choosing a secure password is a crucial one. It must be long, with uppercase, lowercase, numbers, and special characters. It is necessary to use different keys and, for greater security, change them every two months.

6. Keep the computer virus-free

To improve the security of our computer, you must have installed a firewall and an antivirus to be protected against any form of malware.

7. Do not answer emails

Sometimes they come to the mail, pretending to be a bank requesting confidential data and passwords. We never have to respond to these emails and, if we have doubts, it is best to call the entity directly.

8. Check the security measures

The portal of a digital bank has certificates that guarantee the security of the system. In order to increase confidence, other measures have been developed, such as the blocking of accounts against anomalous movements, warnings of suspicious events, the request for numeric passwords sent to the mobile device, or the introduction of certain coordinates when carrying out operations, among others.

9. Control the accounts regularly

Digital banking allows access at any time to the accounts to check periodically that no strange movements occur and that the date and time of connection correspond to the last session started.

10. Close session

Once we have finished our operations, we must close the session and the browser. This way, we will complete online transactions correctly.

Some Precautions to consider

To better use Internet banking options, you must verify in advance at the bank what the protocol will be to activate you as a user of this service. Once the rules are clear, Condusef recommends that you follow the basic security measures to protect your accounts:

1. Avoid sharing the access codes (password).
2. Save the key generation devices (Token) in a safe place.
3. Request or activate the registration of cell phone alerts or emails.
4. Buy only in recognized or secure establishments (recognized sites “HTTPS”).
5. Schedule the movements you will make (payments, transfers, or operations) to avoid having the session open for a long time. Specify the operation and close your session. Never leave the session open, especially in public places such as the office.
6. Verify weekly or biweekly the account statement online to see that there are no strange charges.
7. Avoid the so-called cyber cafes.
8. Type directly the Internet address of the bank, avoid entering sessions through hyperlinks you receive.
9. Never open or respond to a pop-up window, or email (Phishing)
10. Uses updated antivirus and anti-spyware protection software.
11. Try to have different passwords for each service.
12. Periodically review registered accounts to make transfers and ensure that there are no accounts that were not registered.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

The travel industry is no stranger to adversity and has been seriously damaged by the novel virus. We have all witnessed leadership actions in companies that keep their people above water and focus on long-term growth. Most players in the industry have tapped into new sources of liquidity, instantly acted to retain customer goodwill, and worked effectively with unions. People have started focusing on innovation and making better customer experiences.

The impact of the coronavirus on the industry

The Corona Virus has changed the way we live and how we travel. Covid19 has brought ominous feelings about the future. Who would have even guessed that the industries and the world would have to face a crisis as severe as the pandemic in such a brief time? The insidious virus has cast a pall of fear, gloom, and demise throughout the world, leaving regions and countries without strategies and ways to deal with the pandemic. The local and international health organizations and the governments are taking responsible actions and responding at differing rates of speed to the spread of the deadly Corona Virus.

How long do we have to wait until things go back to normal? Will people be allowed to travel again safely? Do the tourism and hotel workers get to keep their jobs? Will all of this come to an end? Let us dive a little deep and understand how the virus has impacted the travel industry.

See how the virus has affected the travel industry:

Impact Number One

People wish to continue traveling again once the restrictions lift – some are ready to do it before the vaccine is available. China, South Korea, and some countries in Asia have effectively controlled the spread of the virus and have already started seeing leisure and business travel segments recovering domestically. While Germany and Europe have shown first signs of encouraging travel demand recovery, other geographies, including the United States, have not controlled the spread effectively. Despite the increase in the number of Covid19 patients, there has been an increase in advanced bookings and searches.

Impact Number Two

Due to the necessary safety precautions and public health measures like closures, quarantines, and other restrictions, chances are the leisure area may be limited to do anything purposeful at the destination. Correspondingly, most business travelers who are ready to fly again may be restricted by the corporate travel companies and their policies to focus on everybody’s safety and care.

Impact Number Three

There is an exceedingly high chance that working-from-anywhere can permanently blur the lines between business travel and leisure. The pandemic and the rise of remote work seem to be accelerating the growth of these travel segments. All the players across the travel value chain must think through all the critical implications.

Impact Number Four

The nonprice factor has become quite crucial to the customers. The industry is supposed to cover other terrains before the demand stimulates its way out of the crisis and instead restores the confidence of the traveler. The travel industry is only as strong as its weakest link, so the customers must be comfortable with all touchpoints in their journey.

Impact Number Five

A self-reported sentiment may not accurately reflect behavior and preferences despite being easy to gather, particularly when in the depth of the crisis. Therefore travel companies can’t rely only on stated preferences; they are supposed to advance how they keep a pulse on travelers’ activities through leading indicators.

Corona Virus’s impact on the world’s economies and livelihoods has vaulted from serious to catastrophic at the macro level. The USA’s exact development when claims from unemployment insurance increased over 6M inconsecutive weeks. In countries with large informal economies, government decrees aggravate the crisis by dictating self-isolation, social distancing, and the closure of nonessential businesses.

All in all

There is no doubt that the virus has hit the travel industry hard. With canceled flights and countries on lockdown, the hotel occupancy rates hit zero. The impact of the virus has been predominantly catastrophic for the tourism and travel sector. The statistics on international air travel show how the industry has come to an abrupt halt. However, the suspension is said to come to an end soon enough, and everyone shall get on with the everyday life we knew.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

Labor laws keep the workplace and workers safe and protected in any way. Occupational Safety and Health Administration mandates multiple labor rules and regulations. In this way, there will be enforcement of a healthy and safe working environment. If employees or workers don’t follow labor laws, you will have to face penalties and lawsuits. Many workers know that they have certain legal rights, but they are not sure exactly what those rights are or how to ensure they are respected. If you lie under this category and are a business owner, learn all the labor laws you need to operate your business.

Every enforced federal and country state law for laborers is necessary for business operations. Famous companies hire legal counsel and HR professionals that inform them about their business compliance status and all variations in the pipeline. It can be the most tedious task for small businesses. But, if you don’t have enough resources, it will not be a relevant excuse for breaking the labor rules. You must know all employment laws to violate all these issues.

What are the rights of workers?

Workers’ rights are a collection of labor laws that deal with the necessary legal rights for all workers in the United States and the relationship between workers and their employers. It makes your workplace comfortable and friendly. No one will ever abuse any other person in the office due to the strict implementation of such laws.

There are many aspects of labor laws, such as payment, the right to organize, and the right to safe working conditions. This article will analyze the rights to a safe work environment and safe working conditions.

You have the right to a safe workplace

The Occupational Health and Safety Act of 1970 came into being to protect the safety of workers. It established laws designed to prevent accidents and injuries in the workplace.

The law established the creation of the Occupational Health and Safety Administration (OSHA), responsible for creating labor laws related to occupational safety and ensuring that they have complied with it.

Among others, all workers in the United States have these rights:

• To a safe work environment
• To report unsafe work conditions without retaliation from your employer
• To report a serious injury suffered at work
• To request, confidentially, an inspection of the workplace by OSHA

You can visit the US Department of Labor (DOL) web portal for more information about your rights.

I do not feel safe in my work. What should I do?

Labor laws exist for employers to provide safe working conditions for all their employees. However, sometimes it is not possible to avoid certain dangerous situations.

If you do not feel safe in your workplace, you should assert your rights. There are labor laws explicitly designed for workers to take action and ensure a safe work environment without retaliation from their employer. If you believe that you could suffer a severe injury due to a dangerous condition in your workplace, you can refuse to work.

If the dangerous condition does not represent an imminent danger but has the potential to hurt someone, you should ask your employer to fix it as soon as possible. If the employer does not agree to solve the problem, you should report it to OSHA. You can also request an OSHA inspection if you believe there is an unsafe condition.

Did a dangerous condition hurt him?

Unfortunately, dangerous conditions in the workplace can cause injuries. If you have an injury phobia at work because of an unsafe condition, you should report your damage to your employer as soon as possible. Be sure to say it in writing and notify the employer of the hazardous condition that caused your injury.

Also, you should apply for workers’ compensation insurance, no matter what caused your injury. All workers who have been injured at work in New York have the right to obtain workers’ compensation insurance, which can help pay for associated expenses.

For more information on what to do after an injury in the workplace, contact our experienced attorneys. We offer free consultations and are committed to helping workers receive the compensation they need for their injuries.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

In this chain, a large number of companies come into play that, in some way or another, intervene in the process necessary for the product to reach the final customer in the best conditions. However, associated with this whole cycle of suppliers, wholesale chain, retailer, and final customer, there is an economic flow among the participants that gives rise to the concept of Supply Chain Finance (SCF). Proper management of these financial flows will be essential for the proper functioning of the supply chain and the organization. In this way, problems of lack of liquidity are avoided, and relations between all members of the chain are improved. One of the key elements in any company’s logistics is the supply chain, and within it, management is the essential element of operational efficiency. The management of the supply chain must be executed to guarantee the clients’ satisfaction and the company’s success. Due to the fundamental role of management in the supply chain within organizations, employers are always looking for employees who have many skills and knowledge that allow them to conduct business operations efficiently.

Globalized supply chain

If we think carefully, you can say that the world is a large, globalized supply chain. In other words, the supply chain touches on important issues, such as the rapid growth of multinational companies and strategic associations, expansion, and global sourcing, including the fluctuation in the prices of certain products. Each of these issues significantly impacts the corporate strategy and the delivery of results. Due to new trends, supply chain management is the most crucial business discipline at a global level, regardless of whether it is a small company or a multinational.

Impact of supply chain management in business

The impact of supply chain management on business is notorious; it can even be classified as exponential. Two of the main aspects where this impact can be seen include:

• An increase in customer service supply chain management directly impacts Customer Service, making sure to deliver the right amount and product at the right time. In addition, these products must be available in the location that customers have specified. Therefore, customers must also receive quality in terms of after-sales support.
• The cash flow increases. Supply chain management also increases cash flow because if the delivery of the product can be accelerated, the benefits are also received quickly. Companies greatly value the management of the supply chain as it reduces the use of large, fixed assets such as plants, warehouses, and transport vehicles throughout the operation.
• Management flexibility. At present, the competition between the companies does not occur so much concerning the final product but with the efficiency of its supply chain. Therefore, having a fully integrated supply chain facilitates greater flexibility in the process and makes its operation much more optimal.
• Optimized inventory management Indeed, before a well-integrated supply chain, the inventory may be adequate so that the quantity of raw materials and product available in the chain is just enough to be delivered to the customer, thus avoiding a shortage or problems of excess stock.

It is also important to mention that supply chain management helps simplify everything practically, from the products of the day to day, to the flows of unexpected natural disasters. By using the right tools and management techniques, companies can correctly diagnose problems while avoiding interruptions and, in turn, determine the best way to move products more efficiently if a crisis occurs. All this at the end is also related to the logistics of the company and therefore you should never lose sight of it.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.