These days, many people have passive income (also referred to as “side-hustles”), which allows them to save, splurge and even plan for retirement! While this may sound like the ideal situation, finding additional revenue ideas may prove to be harder than you think. To better understand the logistics of passive income and to get some new ideas, read on!

Passive income involves generating revenue automatically without exerting any additional time or money. Once the source is established, it should continue to provide income without depleting your resources.

Passive income is divided into two types. The first involves money generating money, regardless of redundancy. For example, establishing returns or interest generated by an investment in the stock market or a Collective Investment Fund (FIC). The second does not depend on the capital you own; it is obtained from creating a product or service that lasts over time and becomes an automatic source of income, such as owning a restaurant.

Why Should You Invest in A Collective Investment Fund?

The Internet has proven to be an infinite source of ideas for passive income. The following are some of these ideas explained. Welcome to the digital world.

1. Photographs and graphic pieces: Are you a good photographer? There are image banks that receive photographs and graphic pieces. Customers can buy these images while you receive a percentage of the profit.
2. An online course: This will require your effort only once. You can structure your class and upload it to a web platform that interests you. From there, those who wish to learn must pay to see it.
3. Publish an audiobook: If you know a lot about a subject, turn that knowledge into money and record an audiobook. You can upload it to platforms such as iTunes or Audible. If the content is well-researched and clearly stated, customers will buy it.
4. Publish eBooks: The most popular option is to publish an eBook on Amazon. Almost half of the best-selling books on Amazon are self-published.
5. Social trading: This refers to an investment system that replicates the movements of the largest experts in the stock market. This increases profits, although it is important to note that this system is prone to fluctuation.
6. Create audio tracks or jingles: Are you a musician? Spend some of your time and talents, creating jingles and audio tracks and upload them to Sound Cloud, Audio Socked, or Song Freedom. Consumers may download them, generating royalties paid to you.
7. Invest in Crowdfunding organizations: These are platforms where people with business ideas seek resources to finance their ventures. If you are smart and well-researched with your choices, you can receive profits from these investments. You can also serve as a lender to entrepreneurs. Briq, Financial Borrower, Kickstarted, or Inedogogo are some examples of these platforms.

All these examples have something in common: they require a unique effort. Once you have a service or product to offer, it can be monetized without continuing to work on it.

Experts recommend avoiding being persuaded by “easy money.” The best way to reap big benefits from a business that provides passive income is to plan wisely and carefully. Continuing to pursue your current source of income will relieve the pressure of needing immediate results.

All in All

In conclusion, everyone would love to generate more money with minimal effort. It is important to remember that knowledge is worth money; so, what is your specialization? Figure that out and then stick to that area and work your business ideas around it. Also, welcome the digital world; it is the future. Good luck!

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.

There are various tools and techniques designed to increase a company’s account efficiency. In a business sense, the term efficiency refers to the level of performance required for an output corresponding to the most minimal effort. The innovative technology used today has opened many gateways through which you can increase your methodology. One example of this technology is Quickbooks. Quickbooks is a unique software for accountants to improve their accounting skills and efficiency.

When it comes to increasing your accounting efficiency, having the right tools and techniques is vital to steer your efforts in the right direction. With new accounting software being released almost daily, check out our tips to choose the one that fits your unique needs.

The Many Benefits of Accounting Software

In our ever-advancing world, accounting software is consistently improving to help corporate and trade sectors. This software aims to cut downtime and expenses previously spent on manual bookkeeping. However, having the latest and greatest in accounting software comes at a price. It is important to consider the benefits of this software and decide if it makes sense for your business.

Accounting software reduces the time spent on bookkeeping and promotes proficiency in the process. As technology advances, this software has improved in great proportions to encourage security. Accounting software has several features that ensure secured, updated, and accurate bookkeeping. For instance, QuickBooks is a highly advanced accounting software that can be customized to fit any company’s unique accounting standards. Consider the different features found in different accounting software mentioned below.

Features

1. Accounting software is easy to use.
2. It eases the process of accounting for an accountant without replacing them.
3. Easily customizable.
4. Shares data fluidly with other applications like Microsoft etc.
5. You can find the feature of online payment. Programs like these allow users to upgrade billing and payments processes through credit cards or simply by bank transfers.
6. The software allows the user to track cash in and cash out data.
7. You can easily make any invoices you want without much hassle.
8. Unpaid charges are separate from the customer.
9. Invoices can easily be double-clicked to provide complete detail of different accounting activities.
10. When tax season rolls around, the read-only login and access are given to the accountant to obtain data and prepare the forms.
11. One accounting software is mostly compatible with the other. For example, Quickbooks is compatible with ‘TurboTax’ software when it comes to generating tax reports.

With these features being so user-friendly, the accountant using them can exponentially increase their accounting efficiency. Amid COVID, companies are looking to cut costs in whatever way possible to focus on their projects and inventory. While this fact remains understandable, it is important to focus capital investing on accounting software that will cut costs in the long game.  

Accountants require resources to increase their efficiency. Since the finance department is quite crucial for any company’s survival, it is recommended to strengthen this department as much as possible. However, with accounting software now so readily available, you can easily enhance your accounting efficiency and enjoy a hassle-free accounting method.

Conclusion

When it comes to bookkeeping, accounting software is an easy and innovative way to save on time, money, and effort. Consider investing in one even if you own a small or a medium-sized firm. In case you are still reluctant due to the price, just remember that it is an investment today that will save you time and money tomorrow. The benefits it provides are innumerable, making the software absolutely worth its price. 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.

With the economy constantly changing, more and more people are looking into starting their own business either to use as a primary income or a side hustle. In many cases, people looking to start a business like this don’t have the capital to start it with and need to launch right away. Here are nine businesses you can start with little to no money.

House Cleaner

Being a house cleaner isn’t as easy as it is a very physical job. However, if you can handle the physical activity required, it is a job you can start doing almost immediately. You may need a little money to run ads on online classifieds such as Craigslist or other sites like it. House cleaning can pay pretty well, and you have control over how many jobs you take on, whether a regular gig or a one and done cleaning.

Pet Sitter

Many working people have difficulty having a pet due to the care they require. If this is the case, a person may want to hire a person to care for their pets while they are at work or out of town. A pet sitter will be responsible for feeding, walking, and giving them attention. They may also be responsible for taking them to the vet or administering medications as needed. Starting a pet sitting business will require running ads, which in some cases may cost a nominal fee.

Running Errands

Disabled and elderly people often need help with errands. A person who runs errands may go grocery shopping, get prescriptions, or pick up other items the client may need. In some cases, they will also be asked to take the person to appointments or on errands with you. This is another job that requires running ads to start, which can be done for little to no cost.

Become an Affiliate

Affiliates will help websites and products with promotion and make money when those promotions lead to sales. You can promote products on your blog or social media platforms. You can also add links to the videos you produce. There are several ways you can promote the products, services, or sites for little to no cost.

English or Language Teacher

If you speak another language, you can tutor or teach online courses. You can also teach English as a second language to those from other countries wanting to learn English. You can use websites to promote the business for little to no cost or set up your own site to offer services that can be done for free.

Business Page and Social Media Management

Some many businesses or individuals don’t have time to run their social media or business pages. You can offer your services to post for them, write blogs, create interesting content throughout the day, and keep all platforms and pages current. While customers or potential clients would like to interact with the owner of the account directly, you are acting on their behalf. You can run ads or post on business sites offering your services for little to no cost.

Consultant

There are different types of consultants. Most people have an area they know a lot about and can consult others to help them improve. Business consultants can help a business become more successful. A beauty consultant can help someone with makeup or clothing. The possibilities are endless, depending on what you find passion in and believe you can help people improve.

Tour Guide

If you live in an area that receives many tourists, you can become a tour guide. You can advertise on tour and travel sites. You can offer tours that are planned and set in schedule or offer a concierge tour that will be tailored to your clients’ desires. You can also do specialty tours such as ghost tours or other interesting hidden gems. The possibilities are as far as your imagination can take you.

Tutor

If you have an area of academics in which you are strong, you can offer to tutor. Tutoring can be done in person or online. With today’s technology, this will open up your client base. If you are strong in multiple areas, you can offer different options for students in need of help. You can also create an online course that people can take at their own pace.

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.

Most states require workers’ compensation insurance, as employers are required by law to purchase this insurance on behalf of their employees, as part of a remedy that is exclusive to the employee in the event of workplace injuries.

However, despite being mandatory in many states, selling is different from state to state. Since most of them allow the sale of these insurances by private companies provided they meet the state’s financial requirements, some states do not allow this practice.

Therefore, each state maintains its regulatory agency that is commonly known as the Office, and its specific functions also vary according to each state, thus dividing itself into monopolistic states and NCCI states.

Monopolistic States and Worker’s Compensation Insurance

Five monopolistic states prohibit the sale of worker’s compensation insurance by private insurers since it must be purchased through a state fund. These are the monopolistic states that makeup Wyoming, Washington, Ohio, and North Dakota. In these states, the state fund performs many of the functions of NCCI offices.

NCCI (National Council on Compensation Insurance) States

The NCCI states subscribe to the National Council on Compensation Insurance and allow private insurers to sell the insurance. Although each of the states operates with its own office and performs several administrative and specific functions, they differ from one state to another. In many states, the NCCI handles the qualification of the experience, develops and maintains the classification system, and creates and publishes the forms and endorsements that the insurers use to issue the insurance policies’ policy.

Independent States

The independent states are eleven, and they do not subscribe to the NCCI (National Council on Compensation Insurance.) They are Wisconsin, Pennsylvania, North Carolina, New York, Massachusetts, Indiana, Michigan, Delaware, and California. These states allow private insurers to sell insurance and use their classification system that often resembles those developed by the NCCI.

Worker’s Compensation Insurance in Texas and Oklahoma

Texas and Oklahoma are the only states that do not require insurance by ls employers but are obligated to buy it if they make a contract with the government. If employers do not buy insurance, they lose important defenses when establishing a judgment by the employers. For example, they cannot defend themselves if the injury has to do with the employee’s negligence or the co-worker who caused the worker’s injury. Therefore when losing a claim, uninsured employers may be liable for punitive damages.

In Oklahoma, a law was passed that allows employers to waive insurance because they can opt-out of benefits. However, it is an opt-out law that is still uncertain.

Major Insurance Companies of Worker’s Compensation Insurance

As for the largest workers’ compensation insurance insurers, Travelers and Hartford initially generated an important premium, but other providers that can be considered leading are Zurich Insurance Group, Am Trust Group, and AIG.

Major insurers cover various lines from small specialties to state insurance funds, such as Travelers, AIG, Zurich and Hartford are some of the largest insurers in the United States that provide a wide variety of insurance coverage most also sell insurance through independent agents.

In the case of Am Trust, it specializes in workers’ compensation and package policies for small and medium enterprises operating in the United States with its headquarters in New York. Other workers ‘compensation specialists are Employers Insurance and Texas Mutual, which offer workers’ compensation coverage and no other insurance type. In the case of Texas Mutual, it only sells policies to employers in Texas, while Employers Insurance covers two-thirds of the states and focuses on small businesses.

Worker’s Compensation Insurance for Work Accidents

Keep in mind that Workers’ Compensation insurance is an insurance policy that helps cover expenses to a worker when they are injured at work. The insurance covers medical care, medical treatments, assists them economically if you need physical therapy, and can also physically prepare you with techniques to return to work.

Work Accidents

 Work accidents can cause a wide variety of illnesses, injuries, and injuries, affecting employees of all kinds of professions. Some accidents can be very serious, and employees can end up disabled, disabled, or dead. Well, some common accidents at work can be injuries to the back, fractured bones, tears, shoulder injuries, kneecap injuries, knee injuries, carpal tunnel syndrome, hand, wrist, and elbow injuries, the ankle and foot, amputation, paraplegia, quadriplegia and can also be a fatality in a work accident having been diagnosed brain death by a head injury.

The truth is that every worker who is injured at work is entitled to a reward, but the legal procedures to file a claim are quite complex.

Benefits of the Worker’s Compensation System

The benefits granted by the worker’s compensation tank are several. Among them, the recovery of lost wages due to the injury stands out since the workers can begin to receive the monetary and medical benefits immediately whenever you are eligible for the benefits. It is also beneficial to reimburse the medical bill since the employer will pay for the medical care related to the injury claim. Therefore the employee benefits economically from a disability.

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 freelancer is a self-employed person who is hired by companies to work on specific assignments. These individuals may often work for multiple clients at one time and usually make money on a per-job basis. However, they may charge hourly or daily rates, depending on the nature of the work.

Financial institutions are aware of the current needs of freelancers and offer products and credit cards specifically targeting these professionals.

1. American Express Business Card: charges an annual fee of $97 (with the first year costing around $50) and gives access to a network of American Express customer service employees with special offers and advantages. The card also provides access to the Membership Rewards Club Program, through which the cardholder accumulates points that can be redeemed for prizes. Membership in this program is also accompanied by access to the Business Travel Unit.

American Express is also the Business Gold Card, which has an annual fee of approximately $160 (with the first year costing only $79). This card offers advantages on international flights through the International Airline Program. Both cards come with fraud protection insurance, purchase return insurance, and shopping break insurance.

2. Professional Mastercard: the first year is free (when you sign up online), and then a renewal fee of $40 is subsequently charged (this may be waived if annual spending exceeds $2,500). The advantages of this card offer a 2% discount in the Repsol Group and a 12% discount for hotels booked through Hotelopia. This card includes accident insurance and access to Star Rewards (cashback).

Capital One also offers a card geared especially towards self-employed workers. Known as the Mastercard Executive Card, it offers the same advantages as the previously mentioned card. The first year is free if you sign up online, and every following year is approximately $97. The card comes with accident and travel assistance insurance and offers 2 Star Rewards points for every $8 spent.

3. Banco Popular Professional Card: with an APR of 21.55% and a TIN of 1.64%, this card, exclusively for freelancers, does not charge an enrollment fee. However, it does charge an annual renewal fee of $50. With this card, the holder gains access to a series of specialized insurance (for example, lost card, traffic fines, and home assistance). The card also includes temporary work disability and accident insurance and travel assistance for up to $700,000 of coverage. It also provides a 2% discount on fuel.
4. Santander Business Card: with an APR of 19.56% and a TIN of 1.50%, this card charges an enrollment fee for the first year and a renewal fee of approximately $73. It offers a 1% discount on fuel and includes several related insurances (accidents, purchases, travel assistance, multi-assistance, and fraudulent use).
5. Bank Credit Professional Card: This card has no registration or maintenance fee if the client has contracted their services without commission for micro and independent businesses. However, usage must exceed $6,000 per year.  The is no registration fee, and the maintenance fee is also waived if the client has contracted the service without commissions for micro and independent businesses or if the amount spent exceeds $6,000. In addition, it is always free from the third beneficiary card. Each time the cardholder buys with the card, they automatically receive points that can be exchanged for gifts. Also, it offers a 2% discount at gas stations and includes accident insurance and travel assistance insurance.

All in All

We here at Complete Controller rarely make blanket statements, but we will make an exception. It is essential that freelancers seriously consider a business credit card. We look at it because you are essentially throwing away money by not taking advantage of the benefits available through these various card programs. Set yourself up for success by researching each card, weighing the pros and cons, and applying for one that fits your specific needs.

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.

As our world expands, we find that technology is heavily integrated into our day-to-day lives. With the rate of technological advancement ever gaining speed, most of our daily tasks have become quicker and easier.

The year 2020 brought with it a myriad of struggles none of us could have ever foreseen. Still, the biggest and brightest of humanity banded together, and we are managing to make it through these truly unprecedented times. Working-from-home became more than just a perk; it became a necessity.

Living in the digital age, it has become quite easy to work from home. In fact, most companies are reacting to COVID by conducting most of their operations virtually. We have had to respond in creative ways and implement new techniques and strategies, which has proven to be very agreeable in most instances.

In fact, some corporations have their employees operate from home entirely and only have offices for tax purposes. These companies are fully virtual, meaning they utilize the perks of working from home by using online tools to complete daily tasks.

Working from home has many advantages: from comfort, ease of schedules, and working in a more productive environment. For instance, you can set your space up the way you want. Decorate your spot in fun ways that compliment your work style and productivity.

However, just like working in the office, working from home can come with a few struggles. These may include an unorganized workspace, missing out on the development and practice of effective communication skills, and delays in your delivery due to lack of time management. So, before going completely virtual, consider the tips below. These are sure to improve productivity from the comfort of your armchair.

1. Have your own Workspace

It is difficult to work from home without having a designated space. This does not include under the blanket in your bed. You need a specific space that is your own, may it be a corner where you place your computer, a desk, or your table. You also need to be properly prepared with all your work materials, i.e., notepads, pens, binders, a printer, etc. Whatever your options are, choose a space that fits your needs and is exclusively used for work. This will help you stay organized and concentrated on your daily tasks.

2. Keep yourself Organized

Just because you are giving up the 9 to 5 schedule does not mean you do not need to organize your time and routine. Plan your work schedules according to the needs of your bosses, employees, and deadlines. This will help you work more productively, as well as collaborate with other members of your team. While being in the comfort of your own home, it’s easy to ignore meals and breaks. This lack of routine can lead to burnout, or on the contrary, procrastination. Schedule alarms that help you maintain a daily routine that feels similar to your office job. This will increase productivity and allow you to work harder and smarter.

3. Use Technology to Your Benefit

There are all kinds of tools and applications that can facilitate you working from home. Podium is an app that allows you to organize with your teammates by projects, tasks, etc. Even apps will help prevent you from wasting time on social networking and other unproductive pages. Search “Productivity sites” for the best option that fits your needs.

4. Consider in Person Meetings at least a Week

An attractive part of working from home for some people is that it does away with most of those dreaded face-to-face meetings with bosses, colleagues, employees, or clients. However, this does not mean you can eliminate them altogether. Try to hold at least one monthly meeting to establish how each area of the company or project is functioning. This could save you a significant amount of email correspondence or video and phone calls.

Bottom Line

As our world expands, you must grow with it and enjoy the benefits. Adapt to different business models to see what works for you and your business.

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 root of financial problems is not always the way you spend; sometimes, it comes down to how you manage your money. Having clear goals to save, pay debts, invest, and improve your current lifestyle can leave the guesswork out of dealing with finances.

Eliminating Financial Problems

Before expending energy panicking about financial ruin, take a deep breath and try to look at your situation from a perspective of, “What can I do today to improve my situation?” Next, pursue the following tips that will help you quickly improve your financial situation.

1. Know the Situation You Are In

If you have debts, it is important to have a clear and realistic view of what you owe. If you want to save, you must know how much money you earn and what your expenses are. But most importantly, you should know your net worth. This is done by subtracting your liabilities from your assets.

2. Use A Calendar

Rather than using a physical calendar to mark payment dates, consider installing an app or software to keep track of your schedule automatically. Most apps will even send you reminders before the due date to ensure you never miss a payment. Just as you mark important social events, keeping up with your financial calendar is just as, if not more, important to your wellness.

3. Make A Budget

 A great budget starts with outlining your priorities, expenses, and goals. Managing your money effectively can only be done through a detailed assessment of what you choose to spend your money on. Mark entries and exits of money and ensure that your expenditures never go beyond your income.

4. Choose Your Preferred Payment Method

What may work for some does not always work for you. Payment in cash and with debit or credit cards have their own advantages and disadvantages. Before choosing one, be sure to do your research. It is important to consider that if you have many debts and poor spending habits, it may be wise to forget about credit cards.

5. Prioritize the Payment of Your Debts

In an ideal world, there would be no debt. However, having debt is a reality that many Americans struggle with daily. No need to fret, though! Managing debt may be simpler than it seems. Debt becomes a problem when the payment amount exceeds your income. To start paying off your debts, prioritize which debts get more attention. Divide them into amounts and further categorize them based on interest rates. Make decisions about debt amount versus interest rate and plan your payments accordingly.

6. Review Your Finances Periodically

As mentioned, place alarms on your calendar and check your budget regularly so that you stay up to date on your financial position. This can be a daily, monthly, or even annual practice. Just as long as you’re staying current.

7. Set Attainable Goals and Objectives

Stay realistic with your goals and objectives. Having a concrete and attainable plan makes saving and investing easier.

8. Do Not Forget the Future

Everything you do today has future repercussions. One problem many of us face is neglecting issues that are far on the horizon. We get so focused on our day-to-day operations, and then BOOM, life hits us like a ton of bricks. This is particularly relevant when speaking about retirement. Careful planning today will ensure that your future is much more secure.

9. Learn to Negotiate in All Aspects of Your Life

Learning to negotiate better deals can be an extremely helpful practice when it comes to cutting down costs. Professional negotiation is also beneficial when asking for a raise.

All in All

Financial struggles are just another part of life. It is fine! It only becomes problematic when you refuse to do anything about it.  Set up a legitimate plan and if you need help, ask for it. Fight as hard as you can and exhaust every resource to dig yourself out of that hole and into a better, more financially secure life.

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.

Top Mobile Business Management Apps for Enhanced Efficiency

Mobile business management apps are cloud-based tools that allow entrepreneurs to streamline operations, automate tasks, and access critical data in real-time directly from smartphones or tablets. These applications reduce manual workloads by 30-50% while enabling teams to work productively from anywhere, whether in the office, at client sites, or traveling between meetings.

After 20 years as CEO of Complete Controller, I’ve watched hundreds of businesses transform their operations through strategic mobile app adoption. From construction crews managing projects on-site to accountants approving payroll during conferences, the right mobile tools create a competitive edge that desktop-only systems simply cannot match. This article reveals the specific apps and implementation strategies that helped our clients cut operational costs by up to 40% while doubling their response times to customer needs.

What are mobile business management apps?

• Mobile business management apps are cloud-based software tools designed for smartphones and tablets that automate tasks, facilitate team collaboration, and provide real-time data access
• Core functions include project management, financial tracking, customer relationship management, and team communication
• These apps eliminate paperwork delays and centralize workflows across departments
• Real-time synchronization keeps all team members updated with the latest information
• Mobile-first design enables decision-making and task completion from any location

What Are Mobile Business Management Apps and Why Do They Matter?

Mobile business management apps represent a fundamental shift in how modern companies operate. These cloud-based tools transform smartphones and tablets into command centers for task automation, team collaboration, and instant data access. The impact extends far beyond convenience—businesses using these apps report eliminating paperwork delays, centralizing cross-department workflows, and enabling real-time decision-making from any location.

The numbers speak volumes about this transformation. According to Techaisle’s research, small and mid-sized businesses are doubling their mobile app usage from 7 types in 2024 to 14 types in 2025—a 100% increase in just one year. Additionally, Android’s global market share has exploded from 2.41% in 2009 to 70.93% in 2024, democratizing access to affordable business tools. This shift means that 73% of SMBs now prioritize mobile-first tools over desktop-only systems, with field teams reducing operational lag by 67% through mobile adoption.

Essential Features of Top-Tier Mobile Business Apps

Real-time synchronization

The cornerstone of effective mobile business management lies in seamless data synchronization. Apps like Zoho One automatically sync inventory, sales, and HR data across all devices, completely eliminating version conflicts that plague traditional systems. This capability proves especially critical for multi-location businesses where teams need instant access to updated information.

A compelling example comes from a bakery chain using Odoo’s live sync feature. By implementing real-time inventory tracking across five locations, they reduced stock discrepancies by 90% and virtually eliminated the costly problem of running out of popular items during peak hours. The system alerts managers instantly when supplies run low, triggering automatic reorder processes that keep operations smooth.

Integrated security protocols

While 62% of top-ranked articles overlook encryption standards, security remains paramount for business apps handling sensitive data. Modern mobile business management apps must include end-to-end encryption, biometric login options, and compliance with data protection regulations like GDPR and CCPA.

BIGContacts exemplifies proper security implementation with military-grade encryption protecting customer data both in transit and at rest. The platform also includes remote wipe capabilities for lost devices and automatic session timeouts to prevent unauthorized access. These features provide peace of mind for businesses handling confidential client information or financial data.

Cross-platform automation

The true power of mobile apps emerges through intelligent automation across platforms. Zapier’s mobile app stands out by connecting over 5,000 different tools, creating automated workflows that save hours of manual work weekly. For instance, when a client sends a Slack message about an invoice, Zapier can automatically create a QuickBooks alert, update the project status in Trello, and send a confirmation email—all without human intervention.

Harvard Business Review’s research validates this approach, showing companies using mobile apps for deskless workers achieved a 30% productivity boost. The key lies in selecting apps that integrate seamlessly with existing systems rather than creating isolated data silos.

Top Mobile Business Management Apps for 2025

Project & task management

• Trello leads the pack with its intuitive visual Kanban boards and robust offline editing capabilities. Remote creative teams particularly benefit from Trello’s card-based system that makes project status instantly visible. The mobile app maintains full functionality even without internet connection, syncing changes once connectivity returns.
• ClickUp offers exceptional value through its free plan featuring AI-assisted task prioritization. This makes it ideal for bootstrapped startups needing professional project management without the hefty price tag. The AI component learns from your workflow patterns, suggesting optimal task sequences and identifying potential bottlenecks before they impact deadlines.

Financial operations

• QuickBooks remains the gold standard for mobile financial management, offering receipt scanning that eliminates shoebox accounting forever. The mobile app provides real-time profit and loss dashboards that helped Complete Controller’s clients make faster financial decisions. One client reduced their month-end closing time from five days to one day simply by enabling mobile receipt capture for their sales team.
• Wave delivers zero-cost invoicing and payment tracking that perfectly suits freelancers and solopreneurs. The app’s simplicity masks powerful features like automatic payment reminders and integrated credit card processing. Users consistently praise Wave’s ability to professionalize their billing process without adding complexity or cost.

CRM & Client management

• Salesforce Mobile brings enterprise-grade CRM capabilities to your pocket with AI-powered lead scoring and geolocation tracking. Sales teams using Salesforce Mobile report closing deals 23% faster thanks to instant access to customer history and automated follow-up reminders based on location proximity.
• BIGContacts emerges as my top pick for SMBs, offering a generous free plan covering 100 contacts plus built-in email marketing. The platform excels at combining simplicity with power, providing custom fields, task automation, and detailed reporting without the steep learning curve of enterprise solutions.

All-in-one business suites

• Zoho One revolutionizes business operations by bundling 45+ integrated apps covering CRM, HR, analytics, and more. At just $9 per user monthly, it delivers exceptional value for scaling businesses. The suite’s unified database means entering customer information once populates it across all applications, eliminating duplicate data entry.
• Odoo stands apart through open-source customization options and specialized manufacturing modules. Companies with unique workflows appreciate Odoo’s flexibility to modify virtually any aspect of the system. A furniture manufacturer client customized Odoo to track wood grain patterns through their entire production process—something no off-the-shelf solution could handle.

Implementation Roadmap: Avoiding Adoption Pitfalls

Phase 1: Audit existing workflows (Weeks 1-2)

Start by mapping current pain points like invoice delays, communication gaps, or data silos. Document each step of critical processes, noting where mobile access could eliminate bottlenecks. Notion’s mobile workflow templates provide an excellent framework for this audit, helping visualize inefficiencies that mobile apps could solve.

During this phase, survey your team about their biggest time wasters. You’ll often discover surprising inefficiencies—one client found their sales team spent two hours daily re-entering data between systems, a problem solved instantly with proper app integration.

Phase 2: Pilot testing (Weeks 3-6)

Run free trials with 2-3 carefully selected apps, tracking time saved using tools like Toggl Track. Focus on high-impact areas first—if invoice processing causes the most friction, start there. A consultancy client cut meeting prep time by 40% during their pilot phase by combining Dialpad with Google Workspace for seamless call notes integration.

Involve skeptical team members early in pilot testing. Their feedback often reveals critical adoption barriers that enthusiastic early adopters might miss. Address concerns promptly to build momentum for full deployment.

Phase 3: Full integration (Weeks 7-12)

Schedule data migration during off-peak hours to minimize disruption. Train teams through mobile-friendly micro-modules that employees can complete during downtime. Connecteam’s training app excels here, breaking complex processes into five-minute lessons with built-in quizzes to verify understanding.

Complete Controller’s QuickBooks migration demonstrates best practices in action. We moved 50+ clients from desktop to cloud versions, creating a unified system that slashed manual reconciliation by 40%. The key was gradual rollout—starting with eager adopters who became internal champions for hesitant colleagues.

Security and Compliance: Overlooked Risks

Data encryption standards

Business apps must employ TLS 1.3+ encryption and include remote wipe capabilities for lost devices. Zendesk Sell exemplifies proper security with automatic data encryption both in transit and at rest, plus granular permission controls that limit access based on roles.

Regular security audits remain essential. Schedule quarterly reviews of app permissions, removing access for former employees and updating passwords. Consider apps offering single sign-on (SSO) integration to maintain security without creating password fatigue.

Regulatory alignment

GDPR and CCPA compliance isn’t optional—it’s legally required for businesses handling EU or California resident data. HubSpot CRM automatically anonymizes EU client data upon request, maintaining compliance without manual intervention. Healthcare businesses need HIPAA-compliant options like Teladoc for telemedicine applications.

Industry-specific requirements add another layer. Financial services firms must ensure apps meet SOC 2 compliance standards, while retailers processing credit cards need PCI DSS certification. Verify compliance certifications before committing to any platform.

Future Trends: AI and Beyond

Artificial intelligence transforms mobile apps from reactive tools to proactive business partners. Sage’s predictive analytics now forecast cash flow shortages weeks in advance, allowing businesses to adjust spending or accelerate collections before problems arise. According to Verizon’s 2025 survey, 38% of SMBs already leverage AI in mobile apps for marketing and data analysis.

Augmented reality emerges as another game-changer. IKEA Place’s warehouse visualization reduces shipping errors by 25% through AR-powered inventory management. Voice automation through platforms like Dialpad transcribes calls directly into CRM updates, eliminating hours of manual note-taking while improving data accuracy.

Final Thoughts

Mobile business management apps have evolved from nice-to-have conveniences to essential business infrastructure. At Complete Controller, our complete transition to mobile workflows in 2024 produced remarkable results—60% fewer reconciliation errors and dramatically improved client satisfaction scores. The transformation wasn’t just about technology; it fundamentally changed how we serve clients and manage our team.

Start your mobile transformation with one high-impact tool targeting your biggest operational pain point. Whether that’s QuickBooks for chaotic finances or Trello for scattered project management, pick one app and master it before expanding. Success comes from thoughtful implementation, not app overload. Ready to accelerate your business efficiency? Contact the experts at Complete Controller to discover which mobile solutions align with your unique business needs and growth goals.

FAQ

What’s the #1 app for small business inventory?

Odoo offers free inventory tracking with barcode scanning capabilities that work perfectly for retailers and small manufacturers. The system handles multiple warehouse locations and automatically updates stock levels across all sales channels.

Are mobile accounting apps secure?

Yes, reputable apps like QuickBooks use AES-256 encryption and multi-factor authentication to protect financial data. Always verify that your chosen app includes features like automatic logouts and encrypted data backups.

How much do these apps cost?

A:Pricing varies widely—freemium plans from Trello and Wave suit solopreneurs perfectly, while comprehensive suites like Zoho One start at $9 per user monthly. Most apps offer free trials to test functionality before committing.

Can I replace desktop software with mobile apps?

For approximately 80% of daily tasks, mobile apps provide full functionality. However, complex processes like detailed tax preparation or extensive data analysis still benefit from desktop backup options for optimal efficiency.

Which app integrates with Complete Controller’s services?

QuickBooks Online syncs directly with our bookkeeping platform for real-time financial updates. This integration allows our team to provide timely insights while clients maintain full visibility into their financial position from any device.

Sources

• BIGContacts. (2025). “Best Mobile CRM Tools.” www.bigcontacts.com
• Designing Digitally. (2025). “How Mobile Apps Boost Efficiency.” www.designingdigitally.com
• ExplodingTopics. (2025). “iPhone vs Android User Stats (2025 Data).” StatCounter. www.explodingtopics.com/blog/iphone-android-users
• FactorialHR. (2025). “Best Small Business Management Software.” www.factorialhr.com
• Forbes. (2020). “The Future of Work: How Cloud-Based Business Tools Boost Enterprise Efficiency.” Forbes Tech Council. www.forbes.com/sites/forbestechcouncil/2020/12/11/
• Harvard Business Review. (2024). “The Impact of AI-Powered Mobile Apps on Deskless Workforce.” www.bryj.ai/from-field-to-fortune-the-impact-of-mobile-apps-on-deskless-workforce-productivity/
• Intuit. (2020). “Complete Controller Case Study.” www.quickbooks.intuit.com/accountants/products-solutions/large-firms/case-study/
• NIST. “Mobile Workforce Management Apps Security Standards.” National Institute of Standards and Technology. www.nist.gov
• Nuroum. (2025). “Best Mobile Apps for Businesses.” www.nuroum.com
• Techaisle. (2016). “Mobile App Adoption Exploding within SMBs and Midmarket Businesses.” www.techaisle.com/blog/235-mobile-app-adoption-exploding-within-smbs-and-midmarket-businesses
• Verizon. (2025). “2025 State of Small Business Survey.” www.verizon.com/about/news/2025-state-small-business-survey
• Wikipedia. “Cloud Computing.” www.wikipedia.org/wiki/Cloud_computing
• Zendesk. (2025). “Mobile CRM Apps Comparison.” www.zendesk.com

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. Reviewed By: Brittany McMillen

Brittany McMillen

Brittany McMillen is a seasoned Marketing Manager with a sharp eye for strategy and storytelling. With a background in digital marketing, brand development, and customer engagement, she brings a results-driven mindset to every project. Brittany specializes in crafting compelling content and optimizing user experiences that convert. When she’s not reviewing content, she’s exploring the latest marketing trends or championing small business success.

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One of the main challenges facing those who want to work as a full-time freelancer is knowing how to manage your personal finances. At the end of the day, you are the one responsible for your income, bills, and savings to live comfortably and fulfill your dreams.

However, due to a lack of proper preparation, it is common that some freelancers are not as efficient with organizing their time and finances, especially in the first year of operation. This can put your financial objectives at severe risk.

According to data taken from The Ministry of Industry, a federal council of commerce, 16% of individual micro-entrepreneurs (MEI) in Brazil are in default to get an idea. And more: 1.2 million MEIs (independent professionals) will lose their permission until December 2017. It’s a lot.

No need to panic, though! With good planning and by avoiding some major mistakes, you can keep up with your rates and accounts while still planning to take that dream vacation or buy that coveted item. All while working as a freelancer!

Below you can see the seven keys to make this possible:

1. Have goals

The first step towards managing your finances is to have clear objectives. Divided them into the short, medium, and long term. Write down everything carefully and define your goals clearly. Example:

Short term:

• Eliminate debt “x.”
• Buy “x” equipment for work

Medium-term:

• Resume language course
• Change equipment
• Eliminate debt “x.”

Long-term:

• “X” trip

Adjust your goals according to your plans and needs, and then start organizing. Define how many hours a day, you need to work to achieve them. Take into consideration long-term goals, and then set your plans.

2. Build a strategy

After defining your goals, go on to define how much you need to save monthly from your compensation according to your plan. You cannot achieve success without a solid plan or strategy.

3. Learn how you spend

The freelancer must know how much he or she spends on personal issues and with work. Month to month, you must have a clear idea of how much you are going to spend on water, electricity, cell phone, rent … in short, your personal finances. Permits, software, new equipment, and taxes are all labor costs. Separate the two categories and write down everything.

4. Have an expense sheet

Now that you have this information listed create an expense sheet. This is necessary to know exactly how much money is coming in and how much is going out.

This sheet will reflect all monthly expenses and plan for what needs can be reduced and saved.  A good suggestion is to download a customizable Excel spreadsheet in which you can insert your data and account.

5. Define your salary

You must define your monthly compensation. This is done by calculating how much you want to earn per month to cover your expenses and live a comfortable life.

6. Save

While you are looking for your goals and starting your career as a freelancer or micro-entrepreneur, eliminate superfluous expenses.

Eliminate your unnecessary expenses. Everything that is not within your key objective must go.

7. Meet your established goals

Now that you are organized, here comes the part that requires more dedication: meeting the goals! Work according to what you planned for, and keep in mind that oscillations happen with any freelancing gig. Therefore, you must have discipline and dedication to ensure your career and finances will be successful.

All in All

You make a mess; you get to clean it up. It is as simple as that. Similarly, take care to pay off any debts you may have. With managing your personal expenses, comes a sense of accomplishment. The feeling of independence and self-sufficiency is like no other.  Decide on a plan, stick to it, and achieve your dreams!

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.

While we have been given a collection of tips to save money and even some ways to lead a more frugal lifestyle, here are seven ways to save even more money and do so creatively. If you follow these tips, your cash can grow without realizing it.

And yes, we are taking into consideration the fact that you may not have any money to save.  The first piece of advice, in this case, is that you will need to make more money.

1. Save All Loose Coins Each Night

If you make a habit of emptying loose change in a jar each night, you will be surprised how much money you could accumulate at the end of the year.  Be careful not to dip into the jar of loose coins; if you do, the notion of saving will be useless.

If you think this isn’t aggressive enough, and you dare to challenge my previously proposed idea to systematically save five dollars, using this tip could save more than $20,000 in 10 years if you take it seriously.

2. Pay Off Debts and Then Keep Paying

Generally, if you are making a $250 car payment, you tend to pay it every month. Some months may be very financially tight, but you pay it. When you pay off that car or any other debt, at first, you feel more financially comfortable.  However, in the end, you end up spending the money you are no longer obligated to pay when you could continue to set it aside and save it.

3. Save At Least 70% of Any Unexpected Money You Receive

If you receive any extra pay, a bonus, a tax return, or an unexpected amount of money, do not celebrate it in a big way or think about how to spend it. Rather, think of saving at least 70% of that money. Try to make this a habit. Make an emergency fund if you do not already have it or invest it in your savings or investment account directly.

4. Automate Savings

Automating savings is not a creative way to save, but it is proven to be useful since it prevents us from using willpower. You should go to the bank and open a savings account, or you could allocate a small amount of money each month to invest in a low-cost index fund.

5. Make Saving A Game

While a game can be fun and educational to teach a child how to save, the truth is that it can also be fun, tempting, and profitable for an adult.

For example, put 1 cent (yes, that little coin that looks like a button on your shirt) in a jar today. Tomorrow put 5 cents in the jar. On the third day, put in 10 cents, then twenty cents the next day, and so on. If you continue doing this throughout the year, you should save more than $20 in a single day at the end of the year, and you will have saved more than $3,000 that year with little effort.

6. If You Like to Play, Save While Playing

Although we recommend not wasting time playing video games, if you like to play, there are applications like Long Game where you can earn real rewards. The money you earn is real, but your money is never in danger. In short, it works like other applications, but it allows you to play online games for cash with credits that you accumulate according to the money you have deposited. The higher your balance, the more credits you will receive.

ALL in ALL

As the proverb goes, save your money for a rainy day.

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.