Author: Jennifer Brazer

From the scenario mentioned above, it appears to be a very quick and hassle-free process for the onlookers. However, how much effort that a crypto mining rig consumes cannot be overlooked. Encrypting the transaction, creating a blockchain, validating the transaction, generating an algorithm (secured), transforming the value of the coin from Litecoin to Bitcoin, and producing a QR Code in less than a second is worth applause.

Just the other day, one of the video clips went viral on social media regarding the purchase of a coffee and sandwich in Australia (consumer-related). The video shows that a woman strolls into a coffee café and buys herself a cup of coffee with a tomato and basil sandwich. There is this small standee at the counter, which reads “Bitcoin Accepted Here.” The woman does not have Bitcoin but has Litecoin. The teller evident gives a positive nod by saying that it is not a serious issue. The teller (through some computer application, the teller transforms the payment or the amount into a QR Code, appearing on a tablet, and requests the woman to go to her mobile app of crypto and take a snapshot of the QR Code. She exactly does that, and instantly the transaction is made, authenticated, and validated in less than a second. No exchange of fiat currency takes place.

The only drawback of this blockchain management technology in this scenario is that if the onlooker or the parties involved were invisible, it would not be easy to identify the transactions. In other words, such ghost transactions would not be acceptable by many governments as the payment mechanism is not regulated or centralized. However, it is an efficient payment process. Still, due to its proof of identity, many drug cartels, money launders, black marketers, and unauthorized parties can take this intrinsic feature to their advantage. The corruption watchdog will have no access to such transactions. Furthermore, cryptocurrency should only be crafted through the application platform of cryptography for the sole purpose of maintaining security. One of the benefits that a cryptocurrency has is that it is nearly impossible to forge, unlike the circulation of fake currency notes, just because cryptocurrency is fully secure. Another benefit of cryptocurrency and, questionably, its most appealing charisma is its natural fauna. It has nothing to do with the subtleties about the monetary policy, as it is not issued and nor in control by any federal or central regulator.

In the end, the outlook of cryptocurrency will be dividing the Litecoin block by two. It will be, perhaps, the foremost happening and an erratic era in the overall history of Litecoin. The concept of block (set of transactions) reward halving was built into the genetic structure of Litecoin by its developer, following the legacy of Bitcoin. In essence, its purpose is to make Litecoin vulnerable to devaluation. Primarily it implies that the number of tokens of Litecoin, currently in circulation, will be reduced. It is something inevitable to the fate of Litecoin. Therefore, in essence, it can be predicted with time, the value of Litecoin will increase, and the coin in circulation will decrease.

However, it is also imperative to mention here that, unlike conventional trading of shares in a stock exchange, it will be challenging for the users of cryptocurrencies. The prime reason is that they need to have the awareness and knowledge related to technology and need to understand the mechanics of mining, exploiting opportunities in crisis (in the event of arbitrage), and be extremely cautious in trading crypto in the futures market. Conducting exchange through hedging or in futures can be a financial bubble in disguise. The situation of cryptocurrencies, such as Litecoin, can drive the investor from the roof to the streets in a matter of hours. Therefore, it is suggested that the portfolio mix should not be concentrated on one coin or token. Predominantly, the value of crypto behaves well as per the essence of a capital market instead of a commodity or money market. In other words, the future trend can lead to panic, but it does not mean that an individual goes berserk. Stay calm, provided you have tailored your mindset as per the knowledge and become well-versed in all kinds of connotations.

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-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure 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.

Workers’ Compensation laws have evolved considerably in the course of the 20th century. Initially, the Worker’s Commitment at the state level was voluntary, and the injured employees had to prove that their injuries were the responsibility of the employer.

Over time, federal and state Workers ‘Compensation laws were altered to balance the interests of workers’ needs that require adequate medical coverage and salary reimbursement benefits while establishing the limits of liability and the cost of Predictable Insurance for employers. Although the mandate was for the federal government, Workers’ Compensation is administered individually by state, and state laws for benefits and medical treatment vary.

Unless there is a physical or mental impairment, the injured must report the injury to the employer within four days after the accident. If the injury or discomfort is not life-threatening, the employee may select one of the providers designated by the employer for treatment.

The employer must then notify his insurance provider within 10 days of being notified by the injured or having knowledge of the accident that caused the damage. If the injured employee loses more than three days of work, or if the injury will result in permanent impairment, the insured must file a report with the Workers’ Compensation Division CDLE.

Employees who cannot work for at least three days may be eligible for a type of salary replacement known as “temporary disability.”  Temporary disability payments begin on the fourth day lost and are paid every two weeks.

Worker’s Compensation Benefits

Benefits vary based on the injury and the employee’s responsibility to return to work to their previous capacity. Worker’s Compensation benefits may include but are not limited to:

• Necessary and reasonable medical costs
• Replacement of two-thirds salary will leave seminal average at the time of injury
• Vocational rehabilitation or re-training if the injury prevents you from doing your current job
• Benefits of death for family members if the injury results in death

Types of Worker-Committed Lesions

Worker’s Compensation covered most, but not all, injuries sustained at work regardless of whether or not they were paid. Injuries covered include but are not limited to:

• Injuries related to an accident suffered at work
• Diseases caused by exposure to substances or activities related to work
• Repetitive conditions of stress such as carpal tunnel syndrome
• Injuries that occur while at work traveling outside the workplace
• Related injuries caused by work like heavy lifting

Injuries that typically are not covered by Workers Compensation include:

• Self-injurious injuries, such as fighting at work or not using equipment properly
• Injured injuries while committing a crime
• Injuries while the employee is not at work
• Injuries otherwise related to a violation of the company policy

If you have any questions about your eligibility for Workers’ Compensation benefits, it is recommended that you discuss your case with a lawyer before submitting a claim.

How can a Workers’ Compensation lawyer help you?

Some Worker’s Compensation claims can be resolved quickly and easily. However, some claims are more complex than others, and claims are occasionally denied by insurance companies or employers.

Working with a Workers’ Compensation attorney, you can be assured that your claim is fully documented and receives benefits that belong to you. In some cases, insurance providers try to limit or deny their legitimate benefits. If you think that a reasonable Worker’s Compensation claim has been denied, a lawyer can review your case and help you with an appeal. Appeals must be made within 45 days after the denial.

A Workers’ Compensation lawyer can also help you protect your rights in the event that an employer threatens to compensate for an injury at work. Employers cannot fire, retaliate, or discriminate against an employee who has submitted documents for Workers’ Compensation benefits.

What to do if you reject your workers’ compensation claim

Each year, workers’ compensation claims are rejected for various reasons, especially in the state of New York. In 2014, more than 165,000 new claims were filed in New York for work-related injuries, of which 11,175 were contested. Unfortunately, this means that many workers do not receive the benefits they need to sustain themselves while recovering from an injury.

Why do they reject workers’ compensation claims?

There are many reasons a workers’ compensation claim could be rejected; below

are the most common reasons:

• If you did not notify your employer of your injury within the required timeframe
• If you did not receive medical treatment after the injury
• If you did not submit your application on time
• If you did not provide all the necessary information in your claim

3 steps to follow if your claim has been rejected

If your claim has been rejected, continue fighting. In fact, many people manage to obtain benefits through an appeal or by requesting other benefits. Below are three steps to follow if your claim is rejected:

1) Review your request

First, you should review your workers’ compensation application. Sometimes, these claims are rejected simply because documentation is missing or there are errors in it. If you cannot understand why your claim was rejected, you should seek legal assistance.

2) Contact a lawyer

An experienced lawyer could be a valuable resource to appeal your case. In addition to reviewing your application, a lawyer may file an appeal for you.

3) Gather evidence and file your appeal

If you think your claim should have been approved, you should appeal the decision. However, you should be prepared for the appeal process if you want to change the decision. One of the first steps is to gather information and additional evidence to present and reinforce your case. A lawyer can help you gather all relevant evidence and prepare for your appeal.

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-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure 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 organizations, it is common for a certain target audience to be chosen to work. In some moments, that makes us think and consider that the company limits its actions and, consequently, not making money.

But, if we think a little more, we will realize that this definition improves the company’s results.

What is market segmentation?

Market segmentation is used by companies to separate the target audience with which they wish to work. Considered a market phenomenon, the technique consists of defining the marketing strategy by identifying the target market.

Segmenting this market means dividing it so that consumers are grouped according to a series of characteristics, needs, or preferences. A segment must have people with homogeneous factors, and these depend on the objective of the segmentation.

This separation into groups of consumers allows the company to identify and privilege one or several segments according to a range of objectives or products.

The segmentation process requires that the criteria that affect or affect purchase decisions be identified. There are various segmentation criteria: social, geographical, demographic, economic, social, lifestyle, etc.

Normally, in market segmentation, it is necessary to address several criteria to better guide the marketing actions to follow. The more aspects used to characterize an audience, the easier it will be to develop a marketing strategy.

There is no way to segment a target audience without knowing what characteristics you need to have for the strategy to be correctly defined. A study or market research needs to contemplate an objective such as creating a product, optimizing the concept of a brand, or another that has strategic relevance.

Benefits of market segmentation

Undoubtedly, one of the main benefits of segmenting the public and selecting a group of personnel to reach is the high possibility of reducing costs. This decrease in costs is caused by the administration of smaller groups of consumers.

As a result, it is possible to devote more attention to the target audience and generate higher profits.

Market segmentation becomes even more important in small companies because this size has limited resources to meet high demand. Besides, it cannot maintain the high costs required by a high logistic and administrative capacity.

In general, the segmentation of micro and small organizations is carried out considering geographical location, age, sex, and some feature that brings the company closer to the target people.

No major disadvantages have been detected when talking about segmentation, but one aspect that could be evaluated is the difficulty of obtaining clear information about the behavioral characteristics of people.

Is market segmentation cost or investment?

If you were to answer this question, what would be your argument?

Well, here we must make you think a little bit. When you do segmentation, you need to know people, which requires previous market research. OK, this was already mentioned in the article!

We have not yet said that to make this study, it is fundamental to put money in play. That is, you must pay to get to know people. According to this point, segmentation could be considered a cost.

On the other hand, if we think about the integral situation generated, we realize that the segmentation requires investment and that this can be recovered in a short time. Calm down; if you did not understand, we would explain it to you.

By making a segmentation, we reduce the probability of carrying out a marketing campaign so that nobody sees it or spends money on a product without knowing if the public is going to accept it. Segmentation guides the actions of the company to reduce production and administrative costs.

Seen that, it can be said that segmenting is an important investment. Moreover, it can be said that it is possible to obtain more profit by making a good market segmentation for various reasons.

• The company knows its target audience better.
• The company recognizes the needs of the group it chose to serve.
• A closer link is created between the company and consumers.

Arriving here, you will already have a defined position about segmentation. If, on the one hand, it reduces the public for which the company will work, on the other, it broadens the chances of success within that group. That is, it allows actions to be addressed and not be lost in the attempt.

5 steps: How to make a market segmentation

Consider general criteria

This criterion allows the recognition of the socioeconomic and demographic characteristics of the prospects or clients. It is easy to do since it considers age, sex, residence, and income.

Choose the target market

It is fundamental to define the group for which we want to offer the product / s or what can buy what the company provides. For example, if we want to sell a high-level cosmetic product, the target market will be composed of segments of middle-aged women with a higher income.

Consumption profile

Here is considered how the sector relates to the market. Besides, it recognizes how it defines the behavior of consumers when it comes to buying a certain product or contracting a certain service. At this time, the study should consider variables such as:

• Lifestyle.
• Tastes and preferences.
• Opinions
• Consumption habits.

It is important to highlight that the investigation of the consumption profile must be done considering the segment selected in the previous point.

Design of the marketing strategy

This must adjust to the needs of the company and the market so that there is a coherent relationship between production and consumption. For that, it is necessary to consider the marketing mix.

Sale of the product/service

If all the previous steps were completed, it is time to sell the product or service in the market segment. It is also time to expand sales and seek new horizons.

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-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure 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.

A robo-advisor is a viable option for someone who does not want to employ a financial advisor, does not have enough resources to contract a financial advisor, or has previously invested without an advisor.  Robo-advisors can automatically choose investments and construct an expanded portfolio for you. When your assets are contributed, the robo-advisor adjusts your portfolio back to an objective assignment. Some robo-advisors even make exchanges to help diminish your expense charge through a procedure called Charge Misfortune Gathering.

Fees

With a robo-advisor, you pay an administration fee and the cost of the investment. These fees might be a fixed month-to-month expense or as a level of benefits. The monthly fee is typically $15-$200 and is based upon portfolio estimate. With a level of benefits structure, fees are calculated based on .15% to half of your record measure every year. For example, if you have a portfolio valued at $100,000.00, a half charge would compare to $500 every year.

You will also be responsible for any costs related to the investments selected by the robo-advisor. For instance, shared assets and trade exchanged assets have cost proportions. That charge is removed from the reserve before any profits are designated to financial specialists.

Many online robo-advisors offer a free trial, so you can understand how it functions before you are charged for the service.

Advantages

One advantage of using a robo-advisor is to maintain a strategic distance from costly investment missteps. Reportedly, one of the main reasons financial specialists yield poor results is because of their conduct. Investors can make passionate choices during market highs and lows and even depend on hunches. Computer programming does not commit these sorts of errors.

Another advantage of a robo-advisor is diminished pressure. When you grant portfolio access to the robo-advisor, the program automates the entire investment process. You do not need to worry about what changes you should make changes to your portfolio or wonder if you should invest more in innovation or less in financials. You do not need to sign in to your account and place exchanges. You do not need to be concerned that an agent is making an investment that will be too costly.

Capabilities

Robo-advisors can be a sound option for new investors, youthful investors who need an automated portfolio, and investors who have broad investing knowledge but lack deeper market understanding.

However, investors who have significant investment opportunities, who need to organize advantage bundles and 401(k)s with different portfolios, or who prefer to be involved in contributing may find that a robo-advisor is not an ideal option.

Investments

Most robo-advisors use shared assets or trade exchanged assets to develop the portfolio, not singular stocks. Advisors commonly pursue a record reserve or inactive venture approach dependent on current portfolio proposition research. This examination says the most significant factor is your assignment to stocks or bonds. Then, you can focus on basic stock resource classes, including expansive top, little top, or universal or basic bond resource classes like short, middle-of-the-road, or long-haul.

Taxes

If you have an Individual Retirement Arrangement (IRA), Roth IRA, or another kind of retirement account, do not be concerned about investment outcomes with a robotized process. With these retirement accounts, you do not have a regulatory expense until the day you make a withdrawal. Rollovers or moving your portfolio to a robo-advisor are not considered a withdrawal.

If you have investments that are not part of a retirement account, you will receive a 1099 every year that reports the intrigue, profits, and capital additions. Report those on your expense form and pay taxes due on those investments.

Robo-accounts are commonly financed with money. If they allow you to move in existing investments, those ventures will likely be sold unless used in the robo-model portfolio. If these investments are not inside retirement accounts when they are sold, any capital gains taxes will be calculated. Similarly, this may result in a larger-than-normal tax bill within the year that you transfer to the robo-advisor.

Additional Information

A robo-advisor is certifiably not a money-related organizer. Some robo-advisors have additional programming that can enable you to determine how your records will develop.  However, you do not get customized counsel regarding the amount to invest, regardless of whether to utilize a Roth IRA or Traditional IRA, how to distribute interests in different records like your 401(k), and so on.

Some robo-advisors offer live help for an additional fee, while others collaborate with you solely through the internet. If you like individual attention and a voice to talk to, then a robo-advisor is presumably not an ideal option for you.

Additionally, when you are close to retirement, the designation models utilized in the robo-advisor instruments may not allow you to adjust your investments for the withdrawal stage. By then, you might need the assistance of an expert retirement advisor.

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-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure 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 restaurant business is one of the diciest businesses to go into by choice. Entrepreneurs who decide to open a restaurant generally choose to do so because they desire, if not because they are bold risk-taker.

While owning and running a restaurant is risky even for those who have a zeal for it, it can have a rewarding business for years into the future if profitable. To succeed, you need to focus on seven areas for your restaurant to be a success.

Customers

The most obvious thing to do is to gain customers and produce more sales. Your marketing strategies should be customer-focused. Most important is the use of social media and technology. Promote offers and let people have a look inside the restaurant through social media.

Create brand awareness and increase the use of engaging and quality content. Provide people with discount coupons and offer take-out and delivery options. If your restaurant has a unique dish or something that makes you stand out from other restaurants, make sure to feature these highlights on your website and social media prominently.

Upselling

Encourage people to spend more by asking them about the options available. You can recommend appetizers or specialty drinks during the initial ordering stage while they wait for the main course. You can also offer dessert as you drop off the ticket for payment, advising you can easily add to the ticket.

Suggest a top seller while you’re at it, and always let customers know your favorites when pushing additions. The point is to try to get people to order more by asking. If the restaurant is complete, each table ordering something more expensive or extra can take the sales to a whole new level. Train the staff on how to persuade through the tone and knowledge while keeping it soft to alienate the customer.

Provide an Appealing Atmosphere

Restaurants must provide a visually beautiful environment and maintain hygienic standards. The tables should be cleaned as soon as the customers leave. Bills should be collected promptly to encourage table turnover. It is also essential that the staff is well dressed and clean, keep extra uniforms and aprons on hand for unexpected wardrobe issues such as spills or damage.

Properly Train Your Employees

Restaurant employees reflect everything about the restaurant itself. Restaurant staff should be well dressed as well as well-mannered and professional. Make sure whatever the customer says, the staff behaves appropriately.

Your staff is dealing with customers in real-time and face to face, so if one bad thing happens, word of mouth can spread like wildfire. This could be a potentially devastating problem with smartphone innovations having the ability to film or give the users the instant capability to go online and spread the word.

Create Repeat Business

The biggest key to success for every business is retaining the customers it has.  Restaurants need to make a good impression on customers to keep them coming back. Make sure the order delivered is accurate and make the customers feel at home.

To attract customers dining in, provide them with exclusive discount coupons or free delivery on the first order. Always greet every customer with a warm, friendly smile and provide timely delivery.  Retaining customers can increase sales by 25-125%, according to a Harvard study.

Social Media

Marketing on social media can take your sales to higher places with little to no cost. Utilize social media to highlight the restaurants’ menu and atmosphere. Have a review button and encourage customers to leave a review to let people know what others say. These reviews can help others try your restaurant when looking for dining options in your area.

Technology

Technology is vital to every business; restaurants are included.  Studies suggest that people feel more satisfied and more comfortable using the app or online because apps and online purchasing increase the order’s convenience and accuracy. 

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-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure 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 decision to start saving is one of the most significant steps an individual can take during their life. However, planning to save money and actually doing it are two completely different things, and many people do not pass the planning phase. Starting a savings plan is more difficult than simply thinking about or planning it.

People think many expenses are necessary, and it becomes challenging to deduct the right amount to save regularly.  Consistency is critical when it comes to savings, so automated savings have become a perfect solution to saving consistently.

Typically, people take a portion of their paychecks and transfer it to their savings accounts themselves. But in the case of automated savings, all of this is done automatically. As soon as an individual receives a paycheck, a fixed amount is transferred to their savings account hassle-free.

For people considering automated savings, it is one of the most prudent ways to save. When compared to conventional methods, this technique is superior with amazing benefits. Here is a list of reasons why automated savings is the right step towards a secure financial future:

1. Savings Without Effort: Savings takes a lot of effort to minimize expenses and avoid spending on luxuries. With this automatic technique, individuals can set a fixed amount they want to transfer to their savings account regularly. Also, they must determine the frequency of those transfers to their savings accounts. Both these fixed amounts should be based on how much an individual earns and the pay cycle, whether weekly or monthly. Once these have been set, the saver does not have to make any efforts to become acclimated.
2. Spending Less than Earned: It is difficult for people to keep their spending within their earned amount. No matter how much they earn, it is just not enough, and this has become a common practice. With automatic savings, a portion of the total earnings is immediately moved to savings reducing the available balance an individual can spend. This helps build a habit of spending less than the amount earned, and a person can cut down spending on unnecessary things.
3. Emergency Funds: No one knows what life has in store, and many emergencies catch people off-guard and unprepared. Being prepared for every possible situation is the best way to approach life events. With automated savings, people have a backup if things go wrong if or an emergency comes up. This saving technique helps gather funds for an emergency without any stress and with minimal effort.
4. Avoiding Procrastination: Procrastination is a pervasive attitude, and people should recognize that it is never too late to start saving. With an automatic saving strategy, procrastination can be avoided, and individuals can start automated savings at any time.
5. Separate Accounts: Automated savings requires an individual to have a separate account from their primary banking account. This savings account, where the automated savings are deposited, eliminates the chance of savings funds being spent unnecessarily. With automated savings, people can forget about the amount being saved because it is in a separate account inaccessible by a debit card.  

It is time to say goodbye to excuses used to avoid saving because an automated saving enables people to reserve a portion of their income in a separate account. Automated saving is a practical and feasible way to prepare for a convenient and secure life in the future. These are the top reasons why one should choose automated savings; without investing much effort and time, people are empowered and confident in facing their future or an emergency.

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-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure 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.

Your vehicle is a long-term purchase, and buying a vehicle is perhaps one of the highest expenses you will incur. Vehicle owners are often inexperienced when it comes to basic automotive repairs and maintenance.

A proactive approach is best to ensure you get the most out of your purchase. This approach includes carrying out preventative, scheduled, and regular maintenance recommended by your mechanic and the vehicle manufacturer.

Whereas vehicle repairs are sometimes inevitable, often regular maintenance and checks help prevent expensive repairs in the future, saving you money. At the same time, ensuring your vehicle is in good working condition can have other long-term advantages.

A poorly maintained vehicle won’t just damage your wallet. It could cause an accident with devastating consequences. Therefore, the importance of vehicle maintenance is high. Here are eight preventative maintenance for your vehicle that is important.

Improving Gas Mileage

Visiting your local mechanic for regular upkeep will help improve your vehicle’s mileage. Neglecting to replace your vehicle’s oil or air filter will adversely influence your vehicle’s gas mileage.

It’s suggested you have a regular timetable oil change changes every 3,000 miles. It’s likewise significant that you get complete suspension maintenance every 15,000 miles to help keep your vehicle’s ideal gas mileage.

Saving Money

It is far less expensive replacing your crankshaft belt every 50,000 miles contrasted with revamping your motor because of a snapped belt. Consistently reviewing and cleaning your battery each time you have an oil change will likewise go far, saving you from the threat of getting abandoned because of a dead battery. An inadequately kept-up vehicle is inclined to cause exorbitant mishaps and represent a danger to you and other street clients.

Prevent Damage

Numerous actual vehicle issues influencing your motor and transmission are preventable with routinely booked maintenance. Check your producer’s proprietor’s manual or visit an expert auto mechanics shop to discover what preventive maintenance your vehicle requires and how regularly they should be performed. Essential maintenance, for example, oil change and fluid levels, will expand the life of your vehicle.

Regular Oil Change

The top maintenance service any vehicle gets directly from the producer is an oil change. This assistance is done the second your new vehicle tickers around 500 miles. It is throughout this break-in period that few parts of the motor start to meet up.

Over the long haul, tiny bits of metal sever and blend in with the motor oil. Getting an oil change will help flush out the trash, keep your motor solid, and work at ideal execution. Customary oil maintenance is required every 3,000 miles.

Transmission Checkup

Your transmission is maybe the costliest segment of your vehicle with regards to fixes. Without your transmission, your motor wouldn’t have the option to change the force it produces to the wheels to get the vehicle going. Hence, it’s essential to plan standard checks to keep away from transmission-related issues, including having a liquid flush as required.

Belt Change

Your vehicle utilizes a few belts to run appropriately, including the fan belt, crankshaft belt, drive belt, and force guiding belt. After general use, these belts start to wear off, and if disregarded, they could snap and cause catastrophic harm to your motor. Check your manufacturer’s manual or visit your neighborhood mechanic to check your belts.

Tire and Brake Inspection

Most highway mishaps are because of broken brakes. It shows how powerful great working brakes are to your vehicle and security. A general guideline is to check your brakes and suspension framework each time you play out an oil change.

Your brakes will not work if you have destroyed tires, it will likewise be challenging to control your vehicle when conditions get wet, and the streets get elusive. To ensure that your tires last more, plan a tire turn every 3,000 miles to help even mileage impacts.

Battery Maintenance

Without a battery, your vehicle thing has not been able to start and crank. Generally, battery life is from two years to many years. Many batteries carry a lifetime warranty, so they should be checked with every oil change.

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-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure 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.

Investing in agriculture can be lucrative for every investor looking to invest in long-term payoff outside the stock market or real estate business. The demand for food and other farmed commodities will always be present and increasing.

Investing in agriculture is a good move for savvy investors who want steady returns. It is also an excellent investment for those who want to diversify their portfolios. It has been estimated by the year 2050, economic and population growth will result in the highest demand for food and commodities in history.

Also, in the last 20 years, there has been more interest in organic foods without modifications which has added extra demand for free of pesticides and is not genetically modified. This type of demand is expected to continue to grow in the next thirty years, as well.

How can you invest in agriculture?

There are numerous ways through which you can invest in agriculture. You can invest directly into an agriculturally based business or mutual funds related to agricultural companies. You can invest in farmland yet to be developed with future development possibilities. Also, you can invest in commodities traded on the stock market.

You can buy or sell futures for crops such as rice, wheat, sugar, and soybeans using Exchange Trade Funds (ETFs), which are traded like stocks. ETFs follow a product’s value making this type of investment easy and profitable.

Commodity investments are risky and affected by innumerable variables such as severe flooding, droughts, or other random acts of nature. These disasters could result in seasonal losses. However, in most cases, these setbacks are overcome and result in high and steady returns.

Purchasing stocks in farming supply or food production companies, or agricultural mutual funds offer a more traditional agriculture route. Although the potential profits and values will correlate with the overall industry trends, this type of investing will generally have great returns.

Investing in Agriculture is Good for All Generations

Millenials

Investing in real estate or the stock markets is the most common investment option for newer investors. However, both markets have endured significant volatility and are considered over-hyped by numerous investment experts.

Hence, Millennials need to consider other investment options. Investing in agriculture, especially in harvest-yielding farmland, allows them to hold a complex resource or asset, which will give them great returns well into the future.

Generation X

Generation X is moving toward retirement, and many have likely been investing for years. Because of this experience, the Generation X investor is moving towards less risky and safer investments. While the agriculture business does carry some risks, it is considered a safer investment because food and commodities will never be obsolete. Because of the years of foreseeable demand, agricultural investments are perfect for Generation X investors.

Baby Boomers

Baby boomers are currently retiring at the rate of around 10,000 per day in the United States. Many don’t have enough saved for their retirement because of a lack of preparations and the stock market fail of 2008 and 2009. They are searching for safe investments that could produce consistent annual returns to top up current pensions.

While different agriculture investments take approx. 5 to 20 years before producing returns, there are agricultural investments with returns within two years of investment. This quicker turnaround on investment makes some agricultural investments perfect for the Baby Boomer.

Conclusion

Based on several variables and analysis, it is clear that investing in agriculture is far less risky than real estate or the stock market. The reason for lower risk is that food and commodities will never be obsolete, and as the population and economy grow, so does the demand for both.

You can wholly invest in agriculture or use it to diversify your portfolio. However, investing in agriculture is a good idea for every severe investor, no matter their experience or age. Whether you are looking to invest in your future retirement or fund your current lifestyle, agricultural investments will provide a reasonably safe and steady return on investment.

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-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure 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.

Auto Maintenance and repair can be an expensive endeavor. Most people find it challenging to find a good and honest mechanic. Many mechanics will make up repairs that don’t need to be done to make more money from the transaction. Those mechanics that do this count on the fact that most people don’t know much about cars. Here is everything you need to know about auto repairs.

Find a Licensed Shop

All automotive shops should hold an automotive repair license. Most people will do an internet search to find a shop. However, before taking your car to the location, you should do some research. Once you arrive at the shop, you should ensure that the state-issued license is clearly displayed.

Having an automotive repair license does not guarantee the work. However, an unlicensed repair shop will be more likely to be shady in the transaction.  

How to Find a Good Auto Repair Shop:

• Take recommendations from family and friends and others whom you trust.
• Search for a repair shop before your car needs repairs, so you are not rushed.
• Shop around online for the ideal auto repair shop using their website and reviews.
• Check with the Better Business Bureau to ensure the shop is in good standing.
• Ensure the shop will honor your car’s warranty if you still have one.
• Ensure all technicians employed at the shop are licensed and have a good reputation.

Understand Repairs and Charges

Before agreeing to any repairs, you should know upfront what the auto repair shop charges for labor per hour. Once the technician identifies the issue(s), they will give you an estimate of the repairs. Do not agree to the repairs and costs until you research the repair yourself.

The number of hours a repair takes is not literal hours. There is a standardized manual put out by manufacturers that lists the flag hours each type of repair will take. If the mechanic takes longer or finishes sooner, the number of hours charged will be the number of flag hours determined for that repair.

To ensure you are not charged more than you should be, ask the technician to tell you the repair name, look up the flag hours with the manufacturer, or ask the tech to show you the flag hours. You can also look up the general costs of parts so you can ensure the estimates are accurate.

Always ensure you get the estimate in writing once you accept the repairs and estimate. Also, ensure that no other work will be done before you approve it, so there are no surprise repairs or costs when you pay and pick up the vehicle.

Get a Second Opinion

If you are getting reasonably standard repairs, you may not need to get a second opinion. However, if an unfamiliar shop or technician recommends costly repairs or brings up unexpected repairs, you should get another shop and technician to look at your vehicle before you agree to any repairs.

It is in your best interest not to advise the second mechanic of the repairs suggested by the first to ensure there is honest concurrence. Once you have two independent technicians agree about the repairs, you can proceed to have the work done with a signed and written estimate for the work.

After the Work is Complete

Obtain a finalized repair order explaining the work done. It must list every repair done and partly provided, the final cost of every repair and part, the vehicle’s odometer reading, and labor charges.

Protecting Your Auto Repair Investment

Warranties

There is no standard warranty for repairs. However, you should enquire about part warranties and labor guarantees before agreeing to the repairs. Ensure that all guarantees and warranties are in writing. Understand the warranty restrictions, including mileage, time, deductibles, or any other restrictions the auto repair shop has if their work or the part fails.

Heading Off Problems

The more knowledge you have about your vehicle, the more likely you will head off the repair issues. Take your car in for regular preventative maintenance and drive your car carefully. Be aware of any changes in the vehicle’s drivability and take your car for diagnostics if you hear, smell, or sense an issue. Many issues will be less costly if caught early.

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-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure 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.

When someone asks how a bank makes money, the response is: by granting loans and investing in securities.  While that is true, many people do not know that the biggest source of profit for banking entities is commissions. It can be said that banks and savings banks charge commissions for absolutely everything.

Commissions are established by each entity, so consulting the Bank of Spain will ensure that a series of requirements are met and comply with the law.  These requirements must be necessary and respond to a service provided.  They cannot be satisfied by another product contracted by the client, must be communicated to the clients, published, and given to associates within the bank.  The requirements cannot be abusive, and clients cannot be charged for transactions made due to failures or negligence of the entity.  Fees cannot be charged if they do not appear in the contracts and cannot exceed certain limits, for example, 1% in the cancellation of a variable mortgage.

Applicable bank commissions

The fees normally applied regarding a money transfer, keeping accounts, withdrawing money from Automated Teller Machines (ATMs), having cards, studying and/or create a loan, canceling a loan, and having an overdraft account.

It is difficult to avoid fees, so the only thing we can do is compare different entities and look for the lowest commissions.  Although, in theory, the fees must have a degree of flexibility, consumers often do not find themselves in a strong position to negotiate them with the bank.  For example, if you need a loan and Bank X grants it to you, then you may not feel able to demand that one fee be reduced or entirely removed. In Spain, it seems that clients tend to be tolerant and not combative when accepting the fees imposed.

Average annual expense

According to a study by Consumer magazine, the annual commissions can cost a person between $40 and $210.  This can quickly add up when considering most individuals have a checking account, a credit card, and a debit card and make an average of six transfers.

Additionally, when you complete the credit card application process, you must often pay the relevant opening fees without considering mounting debt in addition to paying any partial or total early cancellation fee. Similarly, if there is a bank that lends money at a lower rate or with less initial fees, it seems inevitable that adding a mortgage later will cost even more in relevant fees.

Entities that do not charge bank fees

Lately, the media has made many announcements regarding banking entities that claim not to charge commissions. While this seems like a dream come true, it only seems to reason that any fees or annual commission will be incurred if the fine print of Terms & Conditions is thoroughly read. For example, several commissions, including Account Maintenance, are not charged to creditworthy clients or shareholders but are charged to individuals with lower credit scores.  Similarly, an Account Maintenance fee might be waived, but other fees regarding mortgages may still be charged.

Other banks may not charge a wide range of fees, so you open more accounts with them.  When you trust them with your payroll, insurance, mortgages, accounts, cards, and pension plan, they earn more from your accounts than charging small fees.

In addition to lending and investing in securities, banks and other financial institutions rely on commissions and fees as a main source of profit.  These institutions are not going to eliminate fees but can reduce or waive non-financial commissions, including account maintenance, account transfers, and card issuance and renewal. Take time to research fees between institutions and select accounts and credit cards that meet your needs but are not costly.

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-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure 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.