Category Archives: Business

Useful Tips For Those Seeking A Financial Advisor

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You should consider hiring a professional to provide financial advice in Australia if you are confused with what to do you with your money. Many individuals want to start investing or they simply want to invest more money. Others want to know how much they can save to be able to retire at 65. Others are interested on how much life insurance they need.

The fact is, there are financial decisions that do not require professional advice and which you can probably handle on your own. If you want to organize your entire financial picture and want to set up retirement savings, you will likely need a good financial planner. It also makes sense to hire a financial planner if you need to make big financial decisions like establishing a retirement savings plan and how to minimize taxes.

You do not have to be a sophisticated investor with stocks that are worth millions in the market to need a financial advisor. There are instances wherein you need advise on investment strategies like what stocks or funds to buy in or how you can manage your investments.

Financial advisor also includes financial planners or investment advisors. It is important to consider financial advisors who follow the fiduciary rule which means that they will always take into account their client’s best interests. In fee-only rule, the fees paid by the client are the only compensation they receive. They will not earn any commission if you invest in certain funds or buy financial products.

There are instances when a robo-advisor is a cheaper option. They can automatically rebalance the investment portfolio according to your specific goals and risk tolerance. Robo-advisors are suggested to individuals with a long term outlook for their investments. Robo-advisors can also provide access to human investment advisors and financial planners for an extra fee.

The concept of online financial advice in Australia is fairly new but while they do not have a physical office, they can provide high quality advice for a cheaper price. Online financial advisers are human; they are not robots. They have the necessary experience to provide valuable financial advice to people who want to protect their anonymity.

How Event Planners Face The Challenges Of GDPR Compliance

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GDPR is a new set of rules that provides citizens in the European Union with more control over their personal data. One year after GDPR took effect, a great majority of event planners (90%) say that they are still challenged in complying with its requirements. Under the terms of GDPR, organizations have to ensure that data is gathered legally and managed properly to avoid exploitation and misuse.

Based on the results of a new study made by Events force, it was revealed that 81% of event planners were complying with the GDPR regulations but they are facing ongoing issues like consent management, running GDPR checks with event vendors and the 3rd party use of attendee’s data.

According to George Sirius, CEO of Events force, the research also showed that in spite of the challenges that event planners have to face in complying with GDPR regulations, a number of positive changes were noticed in the industry particularly concerning event management, data management and data security.

Event planners have started to use data protection credential in their marketing strategies. They wanted to show attendees that they can be trusted with the attendee’s most valuable asset which is their personal information.

The study also included the impact of legislation on the industry in the past 12 months including the kind of changes that organizers have to make when planning and managing events. At least 44% of the respondents are sharing fewer data with stakeholders and suppliers with the exception of hotels and event venues.

Many organizers (40%) have prioritized data security through tighter security controls. At least 25% ensure that new GDPR checks are made on suppliers and 3rd parties that they deal with. Event marketing professionals (36%) claim that the legislation has improved the quality and creativity of the communication campaigns.

If you are looking for an exceptional conference and events management company in Sydney, please visit www.catalystevents.com.au that offers personalized service and meticulous attention to detail. The company continually strives to meet the expectations of its clients. It offers a wide range of event solutions that will add value to an organization. You can also select services that will specifically complement the in-house event management resources.

Labelexpo Europe Show In September 2019 Opens Registration

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Companies that handle tradeshow logistics in Europe is familiar with Labelexpo Europe, as its considered by many to be the world’s largest label and package printing industry trade show. The event, a four-day show that displays the latest technology in the industry, is currently in its 40th iteration, and is now accepting registrations.

The 2019 iteration of the event has a motto of ‘Move your business forward’, with a focus on improving business strategies and to move the industry itself forward.

Managing Director Lisa Milburn, Labelexpo Global Series,  says that 2019 is a milestone year for Labelexpo as it celebrates 4 decades of operations, so they wanted to set it apart by making the biggest, most ambitious show to date. She notes that their industry is constantly moving forward, but it’s a constant that having the right tools and strategy is the key to success, and they wanted to reflect that in the year’s theme.

There’ll be plenty of need for tradeshow logistics, as the show already has more than 600 confirmed exhibitors, including big names like HP, Fujfilm, Epson, ABG, and others. This iteration of the Labelexpo Europe is supported and endorsed by several trade bodies; FINAT, Febelgra, EUQID, SPPES, UNFEA, and VsKE.

Alongside the exhibition, there’ll be three new show features that’ll be debuting at Labelexpo Europe 2019.

The Flexible Packaging Arena is a demonstration of two press lines; one digital, the other conventional, which produced indirect food contact flexible packaging, as adherent to the GMP’s latest standards.

The Brand Innovation Showcase are for brand owner visitors, where they can learn about key brands’ strategies, how to create an award-winning label and packaging designs, as well as take part in an exclusive tour of the suppliers’ stands, where they can experience live demos of the latest technologies and innovations in the industry.

Lastly is the Sustainability Insight Cafe, where the latest sustainable developments, both products and services, designed to support more environmentally conscious endeavors in the industry will be shown off.

Milburn stated that they’re proud to introduce three new features to the show for 2019, and that they’re very much looking forward to meeting with people throughout the course of the show.

Junk King acquires new investor

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Junk King, the California-born company, known for junk removal Orange County and across the country, recently got a new investor backing it, Norwest Venture Partners. The premier multi-stage investment firm recently announced that it made a strategic investment in the junk hauling company, with the transaction’s details remaining undisclosed.

Junk King was co-founded back in 2005, and has since grown into the largest junk hauling company in the US, with offerings in more than 100 cities across 35 states in the US, as well as 3 provinces in Canada. As of May 2019, the company has welcomed 5 additional franchisees.

Andreacchi was part of the transaction, and noted that, when he founded Junk King to handle junk removal Orange County and across California, he did not expect how much their franchisees would contribute to their brand. He’s proud to say that the franchising system behind Junk King has brought together people and organizations from diverse backgrounds and career paths in order to create the US’s leading junk removal business. He says that Junk King looks to climb higher as a team, and, with Norwest coming into the team and backing them, Andreacchi feels that the company can do anything it sets its sights on.

Junk King’s Board of Directors will be taking in 2 people from Norwest; General Partners Sonya Brown, and Stew Campbell.

Brown made a statement on the matter, saying that Junk King’s aim of delivering quality, environmentally-conscious service is something that calls to Norwest, adding that handling waste properly via recycling efforts is paramount. She states that Norwest is looking forward to supporting the Junk King team with new programs aimed at driving innovation in the industry at large.

Campbell also made a statement on the matter saying that Andreacchi and his team has built an industry leader of a brand, with the quality consumer experience to match. The technology, customer service, and processes that Junk King has, Campbell says, are all aimed at delivering top-notch customer experience on demand to both commercial and residential customers. Campbell explains that this is why Norwest chose Junk King, and why they’re excited to work with Andreacchie and his franchise network.

Danang’s Road To Becoming A Smart City

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Danang is a coastal city located in Vietnam which is slowly starting to gain popularity because of its white sand beaches and beautiful resorts. There are over a million residents residing in Danang which is becoming an urban city in a faster speed than expected. It is expected that by 2030, the population of Danang will be more than twice it is now. There are many reasons to love the city from the French village in Danang to the beaches and the locals.

Danang is also part of the ASCN or ASEAN Smart Cities Network along with 25 more cities in its pilot program. These cities are required to be under ASEAN member states before they can join. They were officially launched last year during the 33rd ASEAN Summit which was held in Singapore on November. According to the ASCN, their goal is to collaborate in order for the cities to achieve the same goal which is to become smarter and more sustainable.

Two years ago, there were 6.6 million tourists who came to Danang and this number is 19 per cent higher compared to the year before. The figure for that year was also higher by 4.8 than their expected target for the year. Out of the 6.6 million tourists, 65 per cent came were traveling domestically while the remaining number were international travellers but majority of them came from neighbouring countries such as Thailand and Lao PDR.

Economist Intelligence Unit survey revealed that 84 per cent of the people living in Danang think their city is also under the smart category because of the improvements that have been done especially to the environment. In the last few years, the city is making waves because of its leap towards urban development using sustainable methods and at the same time making sure information technology is applied.

The pilot e-government platform was released in 2014 in Danang and the system was able to host 1,196 public services through online. An additional 498 services have been offered to cover other needs such as public infrastructure, land use and water quality.

The city also launched a mobile application called Danabus which can be used by residents to monitor the routes of the local buses. This is helpful for tourists going to French village in Danang or any other landmark as they can easily commute.

How Automated Solutions Have Changed The Functions Of Accountants

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The shifting role of small business accounting in Norwest is largely driven by the increasing number of automated solutions available to businesses today. Machines are now being used to take care of repetitive financial tasks that accountants used to do. In order to be relevant, accountants have to readjust their positions from being a number-cruncher to a value-adder.

Payroll processing is not actually the function of an accountant but because of the repetitive nature of the process, many businesses prefer to give the responsibility to accountants. However, according to Steven Jones, business development manager of UK payroll processing company, Payescape, payroll processing presents few opportunities to the profession. Besides that technology has automated the payroll system and some key functions for small businesses.

So, why do businesses still need accountants? Bookkeeping, bank reconciliations and payroll processing are functions that a small business owner can do. However, an accountant can be the advisor particularly when strategic decisions have to be made. An accountant can provide valuable advice on what work the business can take on for their business clients and what work needs the automated solutions.

While it seems that automated solutions take work away from accountants, the industry is starting to see it as a positive way to free up the valuable time of accountants so that they can instead become business advisors. While majority of the processes in a payroll system are repetitive and can easily be managed through technology, there are still areas when the accounting expertise is needed like compliance and data security.

Payroll and tax-related regulations must be the focus of accountants who are handling payroll. There are areas that require accountants like risk mitigation processes and compliance. They have to provide the value-added services that machines cannot deliver. They can help the business flourish by delivering services that are required.

There are certain areas where small business accounting in Norwest focuses like financial planning, insurance and mortgages. When it comes to accounting and taxation, an accounting team knows the requirements of Australian Taxation Office like business activity statements and income tax returns. The team has a breadth of experience across different industries.

Keep Your Floor Clean With These Steam Mops

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A new test was conducted by Consumer Reports regarding steam mops available on the market. This aims to helps consumers decide which one is best for their type of flooring. For those who are on the process of buying their new home, renovating their floors or building a house from scratch, it helps to check these steam mops before choosing floor tiles for sale to see if the material is recommended or if it is time to consider other flooring options.

For the tests, it was done on floor tiles which were applied with different stains including ketchup, jam and mustard. The same amounts of stains are applied and on the same spot too. With the help of a device specifically made for the testing, the testers can watch as the different steam mops are set to work.

To make sure that the testing is done fairly, each steam mop is allowed to do 20 passes, 10 strokes on one way, another 10 strokes on the way back. The end result is that every testing there should be a mess left behind to determine which mop cleans better. A clean result is not desired as it will not help them decide which steam mop actually did a better job. Prior to the start of the test, a photo was taken and the same goes after.

To measure the changes, photo-imaging software is utilized by the testers. This helps them set a score for each. The main goal of the testing was to prove that the category steam mop does not guarantee complete cleaning.

The Shark Steam Pocket requires constant movement to trigger the steam which is annoying based on the testers comment. The best performance was that of the Bissell PowerFresh Slim. The cheaper brand by $30 which can almost rival the cleaning of the Bissell is the Shark Genius, according to Consumer Reports. For tough stains, CR recommends purchasing the Bissell PowerFresh Deluxe.

If you think of getting laminate flooring or hardwood, check out floor tiles for sale first because the former options are not compatible with steam mops as it has residual moisture.