From the blog

Reasons Why You Need Financial Planners In Your Business

Proper financial planning and management are crucial activities that any business has to spend time and energy on. Although it might seem to be a simple process by many, it requires the mind of an expert to properly manage business finance. Therefore, there is a need for a business to hire brisbane financial planner whose main purpose is to examine, evaluate, and analyse the business finance at a given interval of time, and note down the recommendations that the business should take to be on the safe side.

Benefits of Financial Planning for a business

The following are some of the benefits that a business gets by hiring competent and result-oriented financial planners.

Minimises risks

Financial planners help to reduce risks that may be associated with business operations by examining the company’s stance at a given point. They will alert the business owner in case they predict a certain risk likely to occur in the future and provide them with recommendations to mitigate the risks.

Effective and efficient management of cash flow

A financial planner will keep an eye on your cash and debts and advise you on how to handle the cash flow. This helps to keep an even balance between the two and the business stays healthy and productive.

Relevant cost reductions

A financial planner will help you to determine the amount you can spend and on things to spend your money. Thus, they get rid of unnecessary expenditures that might cost your business. Moreover, they also provide their clients with important advice on saving your money for future expansion.

Growth plan

A financial planner has to assess the current state of the business and predict where the business will be in the future based on what the client wishes to accomplish. They will estimate the potential markets as your business grows, the number of staff that you will need, and the kinds of products and services to produce.

Transparency

By regularly making your financial status clear and available, you are attracting more investors who may want to invest in your business. In addition, transparency helps to avoid bureaucracy among the staff members since they can easily be caught misusing the business resources. Lastly, transparency opens the door to more potential customers because many of them like to trade with a company that is open in its prices, financial status, and much more.

Crisis management

A financial planner will also help you to plan for any crisis that may occur and hinder normal business operations. The plan should be flexible enough to handle even the unpredicted or natural crisis like the COVID-19 pandemic.

Things to look for in a financial planner

There are various things to look for when hiring a financial planner, the following include:

Experience level: A good financial planner should have a record of experience with other businesses and demonstrate that they can exceed expectations.

Cost of hiring: The cost of hiring a financial planner should be reasonable to the business budget. Avoid going for highly valued planners as it may strain your business.

Availability: The planner should always be available and ready to listen to your problems. The planner should always keep their client’s business in mind and always ask about the progress of the business.

 

Read More

5 Roles of Financial Consultant

A Financial Advisor is an account proficient who gives counseling and guidance about a person’s or element’s funds. Perth financial planners can help people and organizations arrive at their monetary objectives sooner by giving their customers better plans and approaches to make more abundance, decrease costs, or take out debts. Here’s the 5 major roles of financial consultant

Financial Status

For a financial consultant it’s really important they should analyze the financial status of an individual or an organization so that they can plan something better for their hiere. It’s really important that they should do it as soon as possible and a financial Consultant is responsible for everything that is related to your financial status. The key role of these people is to make sure that after a while you should have good fortune in the near future.

Where to invest

Nowadays a very common practice that is being carried out is that people invest their money in something they think will increase the value of their money but some people are not fortunate in this but some are lucky and do get a healthy amount after investing their money. So it’s a really important responsibility of a financial consultant that they should keep an eye on the market and keep an hawk eye on the shares and do their calculations and invest your money somewhere where they think it will give you a good healthy amount after some time and your money would be safe.

Identify risks and opportunities

One more important responsibility of a financial consultant is that they should identify risks and all the factors that could harm you financially in any way not only in the near future but they also take care of things in the long run and they should plan accordingly and if something goes other than expected then they should have a back up plan to cover you up.

Regular Financial Monitoring

Financial Consultant takes care of all your investments and along with that they also give you counseling and guidance about your funds. Financial consultants can help people and organizations arrive at their monetary objectives sooner by giving their customers better plans and approaches to make more abundance, decrease costs, or take out debts.

Everything should be Legal

Another far most important role of a financial consultant is that they should make sure that wherever they invest you money or whatever shares they are buying that all should be legal because normally being legal isn’t really the concern of the people and at the end of the day they face a lot of issues because of that. So make sure before investing somewhere that what is it and if it’s all legal otherwise you have gone through a lot just because of little carelessness.

Here’s the 5  main and key responsibilities of a financial consultant and should be aware of, if one ever plans to be a financial consultant in their life. Keep these major things in your mind and no one can stop you to be the one of the financial consultants.

Read More

A shower of gold to finance the 12 patrons of 5-star holidays?

A new butcher’s shop opens, a shower of gold to finance the large tourism companies that trample thousands of seasonal workers every year, forced to work whole days for little money and without protection The investments made for 47.9 million euros the Sorrento Peninsula by the Development Contract proposed by the SEA and created with Invitalia, the National Development Agency, owned by the Ministry of Economy. Specifically, these are 15 million non-repayable and 19.4 million disbursed with loans at subsidized rates, reserved for 12 of the main 4 and 5-star hotels in Sorrento, Sant’Agnello and Massa Lubrense for a capacity production of 1,530 rooms and 3,132 beds. Funds that will never succeed in increasing the fabric of healthy work in an area where hundreds of families have always been forced to live with breathlessness because the tourism companies that fill the clothes impose part-time contracts for full days of work, forward contracts for a few months.

What will happen after this huge disbursement of money? Should we believe that the state will take care to verify its correct use? Probably not. Here the fathers of the family will continue to raise tips, keeping them aside as a treasure to face the winter, waiting for Naspi, looking for a second job every year, perhaps on the black.

Leader of the agreement with Invitalia is the Hotel Hilton Sorrento Palace, among the other beneficiaries are: Grand Hotel Vesuvio, Hotel Bellevue Sirene, Hotel Parco Dei Principi, Relais Blu, Hotel Bristol, Grand Hotel De La Ville, Grand Hotel Royal, Hotel Mediterraneo, Grand Hotel President, Hotel Conca Park, Grand Hotel Ambasciatori.

Power to the people can only welcome with concern the umpteenth support reserved for the hoteliers of the Peninsula, while the rights are disregarded and the requests of the workers in the sector who last July 18 had demonstrated against the lack of safeguards and guarantees are ignored. The staff of all the hotel facilities, often workers employed in seasonal form, employed by the hour or even without a contract, had asked Federalberghi, the municipal administrations and the regional government to intervene to monitor the sector and facilitate the regularization of positions with the goal of achieving full-time hiring and support for families crushed by the hyperbole of profit mechanisms determined by hoteliers. A protest that arose not without fear of being turned away by the same employers for having dared to speak. At the end of a tourist season that has seen many jobs lost and too many of those occupied have seen inadequate and questionable contractual forms applied, we ask to know what use will be made of this money.

Read More

WHERE TO INVEST?

To aid entrepreneurship, the New Zealand government created a Special Infrastructure Commission in February 2019 to support infrastructure development. The plan is available online through the New Zealand Infrastructure Commission website. The 30-year strategy involves the creation of the Infrastructure Pipeline tool to finance infrastructure projects. In support of the country’s economic capacity, loans for investments to create infrastructures in strategic areas where there are concrete opportunities for growth have grown.

Telecommunications: The improvements made to the New Zealand TLC with the expansion of broadband and new fiber optic cabling have created interesting opportunities to invest in infrastructure in the sector (mobile telephony, data centers and internet).

Tourism: The tourism sector is constantly growing and in the coming years New Zealand will be committed to expanding its offer of health and wellness centers (spas, integrated resort-spa chains and medical tourism), luxury hotels, golf courses , conference centers.

Health and Wellness: Thanks to the variety of outdoor activities and the natural resources it has at its disposal, New Zealand lends itself well to infrastructural development in the health and wellness sectors. Geothermal areas with thermal springs associated with treatments derived from traditional Maori medicine, quality food and wine, offer good opportunities for hotels and specialized spas in many areas of the country.

Cinema: The film and television industry is well established in New Zealand, which enjoys the peculiarity of unspoiled landscapes, low production costs and excellent cinema facilities in Auckland, Wellington and Queenstown, making it a very interesting destination for companies. of the sector. Among the successful kiwi productions, the Hobbit, Avatar, King Kong, The Lord of the Rings and The Chronicles of Narnia deserve mention.

Public-Private Partnerships (PPPs) are specific forms of financing for the development of public infrastructure. They offer investors the wide range of opportunities inherent in a robust and corruption-free economy. Other investment options include, in addition to direct ownership, participation in other investment funds (FOFs).

Read More