Cloud technology was introduced with the same hype and commitment as any other technology trend has…until now. It has become sensitive for risk-averse segments, like finance and commerce, to enter the market with monetary and informational security threats. Keeping all of this in mind, many companies are choosing cloud-based solutions for various business processes, which include supply chain management, ERP, procurement, commerce, and CRM.

With cloud-based solutions, you will receive endless opportunities to improve your business’s operational and technical structure. Simply put, cloud-based models are cheaper and faster than any other system model to host various applications. It acts as a transformational force, where businesses can measure customer responses and strengths with less cost, time, and risk.

Cloud proves to be better than traditional approaches to transform business processes with lesser capital investment against long-term implementation. It is necessary for the businesses to be change-oriented and follow the proper practices for successful results.

Learn about your Limitations

The finance and commerce segments of any business already have an extensive portfolio of technology systems over a period. This happens because of the requirement of large storage of essential information. This makes some of the existing technology applications limited to cloud deployments, as they are too old to be compatible with cloud technology. This becomes an important first step for any business to understand the limitation before synchronizing with cloud computing systems. A survey conducted by Frost & Sullivan declares that about sixty-one percent of financial institutions face the “inability to meet compliance requirements.” This happens because they fail to transform various applications to the cloud.

Implement Best Practices

It is highly essential for businesses to know the best practices to implement that are equally relevant to their business processes. While you must stay vigilant about these practices’ relevance, here are some ways finance and commerce businesses can get clarity regarding proper cloud deployment.

Have a strategic vision for the change

Before you go for any cloud campaign, you first should have an extensive vision that supports the reason for the change associated with your business goals. Many businesses miss out on the purpose of cloud deployment and take it casually as a technology.

Make a tactical process plan

It is again important for businesses to plan a road map that clearly defines the implementation approach. Other than a vision, the business should have a tactical plan that can describe cloud deployment’s absolute purpose. It would help if you also ensured that the deployment is realistic enough to be managed by your team.

Make a wise choice for platform

When choosing the right technology for your business, you should be sensitive about choosing the right vendor or consulting company. The wrong selection can cause a disaster for the whole initiative. A key cloud initiative requires the right technical skills and a highly trusted long-term relationship between the business, consulting partners, and the technical team.

Get leadership in the loop

Companies must essentially get the prime management leaders in the loop regarding the cloud deployment approach. If the cloud initiative is only restricted to the IT and Chief Technical Officer, the cloud deployment’s significance may stay unrealized and ignored to some extent by other team members.

Get Prepared for Change Management

Introducing new technology to the organization can be a challenge for your employees, particularly to those who are relatively junior in work. Cloud technology can result in an effective approach for a business. This happens when the users, employees, and other relevant people are well versed in cloud resources. Significantly, change management sessions should be held to make everyone familiar with the cloud deployment.

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.

Americans love to boast about their work ethics. After all, working hard is the gateway to achieving the American dream.

According to various stats, the average American puts in more working hours than Germany, Japan, and the U.K. However, if we refer to the Organization for Economic Cooperation and Development (OECD) data, the average American ranks around 12^th for the most working hours per year. People work hard for various reasons, ranging from buying a home, early retirement, or achieving personal goals. However, only some cities have a strong enough economy to provide a fair payback.

To identify the hardest-working cities of America, we have looked at various factors such as labor force participation rate, working hours per week, and average working hours per year.

However, it is important to note that to work hard; there should be something to work for. Many cities missed out on our list because there is no work available in the city. In some cities, the average working hours were below 25 hours per week – primarily because of the lack of work available.

Some U.S. cities have a stricter work ethic than others. However, each contributes in its own way to help build the world’s biggest economy. Let us look at which cities made it to our top 5 list.

1. Arlington, Virginia

Arlington made it to the top of the hardest-working cities’ list for the second year running. Arlington’s average worker spends around 41 hours per week and works approximately 43 weeks per year.

Around 89% of the working-age population contributes to the labor force. The average working-age population contributes over 1,500 working hours per year. With a population of over 210,000 and a land area of 27 square miles, Arlington is United States’ most heavily populated and hard-working city.

2. Anchorage, Alaska

Anchorage came second on our hardest-working cities’ list. One thing interesting about Anchorage is that it puts in fewer working weeks on a yearly basis. The average Anchorage worker puts in around 36 weeks per year, ranking the 17^th most in the country. However, when they work, they work hard. The average employee here works over 42 hours per week and 1,260 hours per year. It seems like Anchorage knows how to balance work and fun.

3. Lincoln, Nebraska

Lincoln is 3^rd on our hardest-working cities’ list, partly because of the large number of the working-age population contributing to the workforce. According to data, around 86% of people between the ages of 17-63 contribute to the labor force. This is the second-highest rate in the country. The famous city, named after Abraham Lincoln, contributes 39 working weeks every year.

Lincoln only falls behind the top 2 because of the lower average, as working hours here are short. Usually, the average workweek is only 36 hours per week.

4. Seattle, Washington

This green city, famous for its rain and coffee, works hard. According to data, they have the fifth-highest labor participation rate. The work hours per week are around 39. One reason behind such hard work is the city’s high living cost, which demands such participation. Around 70% of the working population contributes to the workforce.

5. San Francisco, California

San Francisco’ The City’ has an average of 80% of its working population contributing to the labor force. The city’s working conditions are somewhat like Anchorage’s. People here work about 40 hours per week. However, they compensate for it by working fewer weeks per year. Like other major cities, working here is necessary because of the high cost of living and high-income taxes. California has one of the highest income tax rates.

Conclusion

It is important to note that ‘people working harder’ are not equal to people earning more. According to PayScale stats, the average salary in Anchorage is around $64,000 compared to $77,000 in New York for a worker with experience of less than 9-10 years.  

However, average working hours and average earnings should not be made the basis of any judgment. The culture of working greatly depends on where you live, the standard of living, and other dynamics.

We will see how each city contributes to the next year. We will keep our bookkeeping habit-kicking to let you know who leads the race of 2021’s hardest-working cities in America.

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.

Over the past few years, the latest technologies and advanced tools have transformed every little aspect of business management, including marketing, web designing, and HR management. It is effortless to consider that accounting and bookkeeping, but with the emergence of versatile technologies, accounting has begun to look like an industry ready for disruption. 

Sweeping disruption in the accounting industry is forthcoming. Massive technological alterations and transmitting customer trends demand a better approach to how the industry produces value for clients. Some of the services are more exposed to disruption than others. For instance, essential transactional services have already been highly automated (though adoption has diversified significantly across the kinds of small businesses). Acceptance will be highly automated moving forward, and limited advisory services will follow the trend. 

Before exploring the specifics of the accounting industry and the forthcoming disruption, let us review some of the most common drivers behind the general uproar. 

Complacency: It is a gigantic indication that disruption is approaching. When a business triumphs and decides to coast on previous accomplishments, competitors pay attention, find a way to join in, and stake a claim. 

Lack of automation: 

Presently, customers are highly demanding and desire better offerings. If the existing accounting practices are not enough to cater to their needs, they will seek better options. Usually, manual tasks require a longer time, and it often frustrates the customers. 

Innovation: 

Many small businesses compel senior firms to alter their innovative approach, and such behavior can drive disruption in any industry. 

When two or more of the above-evaluated drivers are present, it is for disruption. Examining the financial sector, it is effortless to predict how these three drivers are in play. In simpler words, disruption is imminent. 

Trends that drive disruption in the accounting industry: 

Let us dig deeper into the trends and analyze the major trends that are driving disruption presently. 

Clients demand better connectivity: 

Examine any service-based industry; they all are opting for the practices with better connectivity and services. With the advent of advanced tools and cloud technology, accountants have researched effective ways to connect with the clients, which creates a cordial relationship between both parties. With the help of rapid connectivity, business strategies are discussed practically, and problems get solved as soon as they arrive. Presently, both service providers and clients have access to relevant information. 

Big data:

 New technologies based on business intelligence, big data, and analytics are approaching every aspect of the business. Big data permits business owners to access an exceptional amount of information and analytical tools to make better financial decisions. 

Currently, accounting professionals utilize these tools for data entry and maintaining records. Big data allows one to look at the business strategies with a better perspective and predict their potential clients’ future requirements. 

Demand for customization: 

We are observing it everywhere that businesses are getting a taste of customization, and now they expect it in every product and service they utilize. Customization is an influential factor in creating disruption, as clients only wish to see the products that suit their needs. In business accounting, entrepreneurs only want to pay for the required services and diminish the unnecessary services as there is a rapid increase in the demand for customized products rather than bundled packages. If a company wants to hire a professional accountant, he will need to oblige. 

Growth of the DIY approach: 

Another trend that we have been observing is the growth of accounting software, and now that cloud solutions have been launched, we have seen many small businesses implementing the DIY approach. Fortunately, tools like YouTube videos, web tutorials, and search engines now allow businesses to learn to handle the accounting procedures of their company. 

Automation of data entries: 

Automation is a significant driving factor in accounting disruption. Specifically, we are experiencing the disappearance of manual data entries. Tools like e-documents, automatic imports, and software solutions emerge as a new norm. With Automation, businesses have become more efficient and can make better use of their capital. Additionally, Automation has also reduced the cost of Human resources. 

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.

Why the need to Save Money?

In simplest terms, saving money can help an individual or family become financially secure and more stable. The portion of income that is saved over a period of time can help you pay for unexpected events and emergencies. Money keeps you going and whatever you save for yourself each month grows your bank balance. This extra cash or wealth can later be converted into valuable assets such as cars, housing, furniture, and other similar things.

Dramatic Shift in Spending Habits

Undoubtedly, it has become increasingly difficult to save money in a world of instant gratification where we barely notice our purchasing patterns, especially at the time of shopping. Superior marketing and merchandising techniques used by pros across different print and digital media channels are the reason why people are falling prey to impulse buying. It has gotten even harder than ever to keep within a budget because our spending habits and buying behavior have changed quite as a country.

7 tips that will allow you to Save Money every month

Put At Least 20% of your Income into a Savings Account

Saving money sounds great, in theory, but saving substantial money for an uncertain chain of events is no easy feat. You have to cut down on your monthly expenses to save something for your rainy days. According to studies, at least 20% of your monthly income should go into your savings account for maintaining a healthy financial life cycle. This signifies that to save money for a healthy flow of financial activities, we need to create a budget and strictly follow it–without getting distracted.

Create a Monthly Budget and Follow it Strictly

Let’s face it: Everyone struggles to maintain a healthy balance in monthly finances. The reason is obvious; our never-ending needs and desires. People often find themselves miserably stuck in continually creating a monthly budget and trying to follow it with sincerity, only to fail. Families know that if they fail to maintain any kind of order in their finances, they will all suffer eventually. Moreover, household expenses and monthly paychecks should be properly divided into utilities, food/groceries, health, transportation, clothing, home maintenance, and other miscellaneous expenses like car insurance or maintenance.

Spend Less on Food/Groceries Items

The world has witnessed a complete 180-degree shift towards superior retail merchandising over the past decade. To save money, you need to cut your daily expenses. This can be done by making a list before going to any retail store or at least a rough spending plan. Pick only the items from the racks that are essential, redeem monthly points in retail stores, use discount vouchers and coupons, limit your visits, and other similar things. Moreover, by taking lunch from home, skipping the daily latte, or slicing and shredding food at home, you can expect to save quite a bit of money.

Postpone all Non-Essential Tasks

No matter how much you earn each month, spending money on a non-essential task like planning a holiday trip, buying a brand new car, and other lavish things can be postponed. To save money, you need to cut extraordinary costs. Therefore, whatever you would save for the month by doing so will keep you more financially secure and stable than ever.

Buy Inexpensive Subscriptions for Entertainment

Instead of buying expensive DVDs or music, you can enroll in inexpensive subscriptions for entertainment purposes like watching movies/programs/reality shows online, perhaps on Netflix or other similar dynamic platforms that are emerging.  It might even be time to cut the cable with so many options available now.

Avoid Paying Interest

Interests eat a significant portion of your monthly paycheck without even letting you know. So, it’s better to avoid using credit cards for purchasing different essential or non-essential items. This would definitely allow you to save money!

Watch for Occasional Discounts

There are two rules for asking for discounts. Rule#1: You must learn to ask for discounts on everything. Rule#2: Do not be afraid of Rule#1!  What’s the worst thing that is going to happen when you ask for a deal? You already know the worst-case scenario! Don’t you? They might say ‘NO.’ Come-on when you are already on a mission to save tons of money or cut monthly costs/expenditures; this shouldn’t bother you too much.

Similarly, you need to look for promotional or occasional discount offers that clothing, retail, home maintenance companies may offer. This allows you to save money and cut costs quite significantly.

Conclusion

If you add up where all of your monthly paycheck goes, you would probably notice that it goes predominantly into food, entertainment, and utilities in the budget list. To save money, you need to sensibly plan a budget, which is cost-effective and not hard on the wallet.

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.

Today, a growing number of millennial couples are seeing themselves struggle financially, starting with the fiscal responsibility of the first date or the long-awaited diamond ring.

Statistics from the Pew Research Center survey suggest that only 26% of young adults ages 18-32 are married. On the other hand, 48% of Baby Boomers and 36% of Generation X tied the knot.

Whether for financial or personal reasons or simply dropping marriage in its entirety, millennials in long-term relationships are delaying marriage. According to US money and dating experts, miscommunication is the primary issue couples face in long-term relationships. On the contrary, communication is the most effective remedy to improve interpersonal relationships and even finances.

Here are six easy tips for sharing finances in a long-term marital relationship:

Have Honest Discussion About Your Finances

If you are serious about your relationship, avoid unnecessary delays in discussing your spouse-to-be’s personal finances. It would be best to initiate the discussion to create a sense of trust and safety between you two, typically by highlighting your current financial circumstances and concerns. These conversations can result in plans for sharing finances to maintain your ideal lifestyle and career aspiration and bring a couple closer together.

 

In fact, regular financial discussions will help both parties understand how money should be spent more effectively. Thus, aim to set aside a scheduled time every week in order to have financial conversations. Although saving and spending patterns may be quite different, communication helps design a budget that suits both individuals’ needs in the relationship.

Create a Joint Account for Entertainment and Vacation

Maintaining a separate account for funding expensive leisure and entertainment activities allows a couple to financially work together for mutual goals, like vacations, shopping, event celebrations, and dining out. Joint savings account for goals like home renovations or buying a family car is a good idea. Individual budgeting a few months early can serve as an alternative to joint accounts and sharing finances.

Stay Away From Cosigning Debts

Although this choice typically depends on how much you trust your partner, experts often disagree with the idea of cosigning debts for couples as you can be forced to pay the bill alone when your partner fails to do so. You might be interested in cosigning a loan as it can result in a lower interest rate, but it can backfire significantly as well. As personal finance management and business bookkeeping should not be intermingled, cosigning personal debts should be avoided when sharing finances.

Consider Convenience and Comfort When Deciding Who Pays the Bill

While it had been a commonly held notion that one partner pays a date-nights bill, splitting a dinner bill is a good way for sharing the financial burden. In either case, experts suggest that couples do what they feel convenient and comfortable with instead of putting unnecessary burdens on one party or the other. However, when you are in a serious relationship with your partner and are both equally comfortable contributing to your relationship’s cost, then such a step makes perfect sense.

For Couples Living Together or Thinking of Making A Move, Consider These Options

Create a legally enforceable contract before making any move together. Couples should avoid hurrying to decide to move in together. Because, in case you do not live together in the future or break up, one of them could be at a financial loss in the absence of a contract proving joint contribution for sharing finance. Thus, a contract in writing is essential and may also include pets, cheap and expensive shared personal possessions and belongings, and who gets the property’s ownership in case you split up. Though you may find it awkward and frustrating, you are simply ensuring each of your financial and residential security.

Take Advantage Of A Joint Account To Pay Your Bills

Couples should consider setting up a joint bank account for sharing finances when they can make regular deposits of a certain percentage from their earnings.  These funds will be used to pay bills like utilities and rent or mortgage payments. When deciding to merge most of your income, consider separating accounts for discretionary spending on items like clothes, accessories, and weekend activities.

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.

Unfortunately, there is not such great news you need to know about the IRS: the IRS is cracking down with a focus on audits and collections. Additionally, it appears that their primary target is business owners. Therefore, if you have been recently avoiding notices from the IRS regarding tax debt, you may want to consider taking steps to resolve any issues. If not, your business, as well as your personal life, may become much more complicated and stressful. The IRS has tremendous and expansive powers, for instance, to seize your assets. Here are some steps which can be taken to deal with IRS tax debt appropriately:

Know where you stand

Carefully review all letters from the IRS, along with your tax returns. It is quite possible that the agency you entrusted your taxes with may have made some errors. By reviewing these documents, you may ultimately reduce the debt you have. Consider gaining support from a tax professional. The potential savings you may gain is preferable to paying any additional fees.

Negotiate the penalties 

Penalties can spiral out of hand very quickly. For this reason, you must act very swiftly when dealing with IRS debt. You may also consider negotiating with the agency to lower, and sometimes even eliminate, any penalties if you provide a reasonable cause. Examples of this may include serious illnesses, difficult financial circumstances, and/or the destruction of your home or the business you are running. Furthermore, the IRS also has a program that offers relief to those who are facing the consequences with the agency for the first time.  

Payment plan for business debt

After you become aware of what you owe, you can quickly create a working plan. One of the most common approaches is to set up an installment agreement. This arrangement can be as long as six years, and all payments should be made on a monthly basis while interest or penalties continue to accrue. Remember, this kind of agreement stops actions such as liens and levies. If you are indebted $50,000 or less, then this process is a viable option. It can also be done online; however, you must be in compliance with the IRS, ensuring that you make the proper tax filings, deposits, and withholdings.

Reduce business expenses

Take care to consider your operating costs carefully. Figure out the expenses you might cut out versus the services required for the daily operation of your business. For instance, must you pay for a subscription that you use infrequently? Are there some professional memberships that you can suspend temporarily until you get your finances back in order? Consult a professional accountant or utilize accounting software to predict the financial impact of cutting ancillary expenditures.   

Other options

You most likely have seen the TV advertisements where a representative makes the claim that you can settle your IRS debt with “Pennies on the dollar!” Does this sound too good to be true? Unfortunately, this is most often the case. However, the IRS does have a program called “Offer in Compromise,” or the OIC. This allows you to pay off business debt at a discount. This process also involves releasing financial information with the forms 656 and 433. This will determine the amount which the IRS considers livable without causing financial restraints on the users. Keep in mind; the IRS rejects numerous submissions. Therefore, it is beneficial to consult with a tax professional who has complete knowledge of filling paperwork, along with navigating the IRS bureaucracy as well.

By using the five tips mentioned above, you can easily reduce any business debt you may have.

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.

Over the years, companies have saved millions of dollars through professional advice and counseling. With success comes the added responsibility of managing your resources well. Small business owners, on their ladder to success, might fall into spending more and not practice being frugal entrepreneurs. The important lesson to learn here is that you must squeeze the last drop out of your every dollar if you want to continue climbing the ladder.

It’s a Mindset

Being a frugal entrepreneur doesn’t necessarily mean that you have to save money at any cost. Making good, budgeting decisions will differentiate your business from others. Most people start their business with a bare minimum, but their focus is to improve the operations of the business and not to impress people. Even when your business grows, it’s this same mindset that will keep you going and will keep you out of trouble as well. The point is to offer all your employees a comfortable working space, not something luxurious. Everyone needs to be on the same page and must understand the value of every single dollar that is used.

Frugal Entrepreneurs save themselves from resentment

If the boss sits in a lavish office and enjoys all of the perks while others are sitting at their old desks and putting their blood and sweat in for the cause, it certainly doesn’t equate to a cohesive working environment.  A simple office can do the job as well as any other. If you are worried about impressing others with your “stuff,” you will not be able to sway your clients with your results.

 

Wage gaps and other terms like these make employees quite aware and, by leading a luxurious lifestyle, you not only attract unwanted attention but can also cause resentment from your employees. However, this is not to undermine the importance of all of the basics. You must have the basics and deserve to have them because you have put in a significant effort in the overall scheme of things.

A Frugal Entrepreneur is Sharper

With success, comes the added responsibility of micromanaging your finances as you tend to overspend more often. What you would not have bought otherwise, you will be inclined to buy because you will convince yourself that you deserve some credit for your efforts, and it boosts your ego. There is nothing wrong with treating yourself occasionally, but if you start doing it more often, it can affect the other walks of your life, including the business.

 

Experts call it an opportunity cost, which is something that could have been done with the same amount invested elsewhere. There will always be an opportunity cost for your decisions, no matter how much success you achieve. Being frugal means that you can make smart decisions as you have the capital to finance your desires for the business and yourself. A frugal entrepreneur is always sharp in choosing the most cost-effective ways.

Being a Frugal Entrepreneur trains you for Bad Times

Spending your money sparingly will ensure that you have enough kept aside for bad times. Always remember that you will not stay at the top, and success is always followed by hard times. A business always ebbs and flows. When times are hard for your business, you must be ready to face it. When you are accustomed to leading a simple life, you will not be so shockingly affected by a recession or increase of competition in the market. You will survive and bear the burden with an open heart and enough courage to keep on going and make it to the top again.

Some Misconception

Being a frugal entrepreneur does not mean that you are not ready to spend big when the opportunity comes. In your business, you will have to make decisions about spending on a new asset or investing in a lucrative project. Go ahead and take the risk if you have done your research about the results going in your favor. The mindset matters, which should be firm and frugal, even when you are at the height of your success.

 

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.