Author Archives: Riley Rodriguez

Importance of a certified business appraiser

 

Every business has its own reasons for valuation; for example, you may want to sell it or there may be a change in ownership or addition of new owners or even expansion plans. Whatever the reason for business valuation it is crucial that you choose the right business appraiser.

If you want an accurate picture of the state of affairs in your company you must ensure that you choose only a certified appraiser and no one else. Here are a few reasons why no one should ignore this important aspect of business valuation.

Prejudices of noncertified appraisers

When you seek advice on appraisals from a real estate agency or a realtor their feedback in most cases will be biased based on their needs. While this may be the cheap and easy way of evaluating your business worth it certainly is not the best. These realtors will often quote prices based on their individual goals. For example, they may delay or hasten a sale in accordance with their cash flow; that is, if they need urgent finance they may push you to close a deal even if it is not in your best interests or they may urge you to hold on for better rates when you are in dire need to sell. They will fail to understand your necessities and give a rough estimate which will be far from accurate.

The significance of a certified appraiser

On the other hand, a certified business appraiser follows certain guidelines and procedures to evaluate your business. Even the court of law recognizes valuation from a certified appraiser and not anyone else.

These professionals understand the exact motive for your wanting to evaluate your business and highlight the problem areas that need attention. Their methodology will throw light on the exact status of your business and how it will emerge in the future. They also take into account any additions of services or products and their role in the market and how that will affect your business.

Further, professionals conduct site visits to assess the worth of an organization. They will go through all the financial records in detail and even interview staff and company personnel to provide a fair and comprehensive picture of your organization.

Hence, do not skimp on a few bucks here as this will put your company at a greater risk and you will not be able to handle any problems associated with it in a profitable manner.A certified appraiser will ensure that your business interests are kept in the forefront and you benefit from the valuation.

 

Types Of Fund Management

 

Fund management as all of us know is the management of cash flows of a company. This is primarily done by the fund manager of a company who is the authorized person for this duty. He holds the duty and responsibility of taking a note of all the deposits received, note the dates of all the dues and send reminders to all the clients from whom money is to be received etc…

At the same time, he also holds the duty of paying off all the expenses incurred by the company on time and also send reminders to the concerned departments regarding such expenses to be made on time. So on the whole, all the incomes, and expenses of a company are completely managed and controlled by this fund manager who plays a very crucial role in the active functioning and performance of company financially.

Fund management is not just restricted to this but it also holds good for a system or a company that values and maintains an entity irrespective of whether it is a tangible or an intangible asset. So this way, it is also called investment management.

Types of fund management

There are many different types of fund management and all of them depend upon the company type, the client type and the type of business they are into. Now let`s take a look at what these different types of fund management types are:

  • Mutual funds
  • Trust funds
  • pension funds
  • equity funds
  • hedge funds

Though we have these many types of fund management, the two major ones of these are mutual and hedge funds. These two are the ones that are discussed very often and it is mostly this that are managed and operated by the companies and organizations.

The multi-faceted fund manager

As all of us know, it is the fund manager who takes care of and manages funds of a company well and it is him with whom the responsibility of fund management vests with. Now is this the only job and scope of a fund manager? No, he also plays a very important and crucial role in

  • Financial statement analysis which is something important and essential for all types of companies.
  • Creation and maintenance of a portfolio
  • Asset allocation and managing the same.

These are some of the most important sectors or sections of a company`s performance that requires and demands proper allocations and management of funds and this is amply done and fulfilled by the fund managers.

CSR As A Tool To Tackle Social Issues

Corporate Social responsibility is implemented and employed differently by different companies. Though this concept is the same the strategies that are used for implementing this are different and a different one is adopted by different companies for their success and growth. The initial few years of the emergence of this concept saw a lot of creativity and innovation for it was new to the system. At the same time, it also helped in bringing a lot of changes and progress in the developments of the various businesses that had appointed the same for addressing the social issues.

It is believed that this concept was first used in the companies in Britain and is known to be the pioneer but Britain was slowly followed by even the other countries. The first thing that was identified in each country was the specific industry type that had to concentrate on what issues had to be tackled and also the ones that had to be eradicated from the society. Slowly this started bringing in a new image and description about the companies and their services and in no time they started making progress in terms of both business and profits.

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Impact on profits

Any business establishes itself in the market mainly to earn profits and when this happened by implementing the CSR concept, why would there be any company not following this. A company that tries to follow the ideology of CSR would be able to deliver the best products to the customers. All the processes followed by them would be very safe and the concern they have in safeguarding the natural balance and greenery is actually an additional advantage in getting their services. So in all ways, they would emerge to be the best at the same time they would also be able to offer the best to their customers impressing and attracting them with their nature of work.

The best tool

It is for this reason that the companies try to embrace the concept of CSR in their business operations and it is this that has led to the integration of CSR into every business model. This is not something specific to any particular type of business and hence is followed by all for not only their benefit but also for the benefit of its customers and nature. So with this, it is clear that the need for CSR for a company that wants to serve its customers as well as nature has become necessary these days.

4 Reasons Why CSR Is Important For The Improved Financial Performance Of The Corporation

Indeed, there are so many ways to define the success of a corporation but, none so clear and solid like the financial performance and that is why this way matters more than the other ways while gauging the corporation’s popularity and capability. But boosting the financial performance also depends upon a number of factors, of which the CSR factor is significant.

What is CSR?

CSR aka Corporate Social Responsibility is the set of initiatives carried out by an organization to ensure the well-being of the society and environment, appreciably. These initiatives might be concerned with the corporation’s products or services or might also be generic. That is, say if the corporation is manufacturing one of the cooking oil kinds! How they sensibly carry out the waste management process without disrupting the environment and the society around and as well as, how they sustainably grow the crops involved (in case of almond, castor oil etc.) are some parameters to measure their socially responsible nature, in which the organization is directly involved.

Otherwise, it can contribute to generic social responsibility factors like afforestation, climate change and so on, in which organizations’ products or services might not be directly related to.

CSR and Financial Performance

Now that we have understood what CSR is, let us see its impact on the ‘Financial Performance’ of an organization. The financial growth of an organization also depends upon its CSR, for which the following 4 reasons are the proof.

  • Brand Recognition

The awareness about being socially responsible is on the rise these days, as people have started to realize that the exploitation of the environment would lead to the destruction of the society and therefore, they are very much eager to associate and appreciate those who are socially responsible, especially the Brand, whose products they take pride in using. Hence, improved CSR performance means improved brand recognition that naturally, leads to the increased financial performance of the organization through increased sales.

  • Increased capital

Investors these days, are only willing to associate themselves with a less-risky corporation and therefore, the corporation with better CSR rating will obviously have the better interest of the investors that help the corporation to improve its financial performance with the help of increased capital.

  • Employee engagement

A socially responsible organization, would not only have transparent working policies but also interest the employees to do best for the cause, which leads to increased employee engagement, appreciably. Increased employee engagement means more products that can lead to the improved financial performance of the corporation through its increased output.

  • Cost savings

When a corporation starts believing in being socially responsible then, naturally it will adapt to the cost-cutting ways or the minimum wastage ways, which lead to the improved financial performance of the corporation, indirectly!

3 Incredible Benefits Of The Blockchain Technology

The way we see the financial transactions has inarguably altered after the intervention of the powerful Blockchain Technology, which is credited as the source of ‘trusted transactions’ by experts like Ginni Rometty, the CEO of IBM. Although Blockchain technology is popularly known for the birth of cryptocurrency, its power aka benefits doesn’t end there! There is more to it than enters the ears, which we are here to discover, from these 3 amazing benefits offered by it!

Driverless Cars

Driverless cars aka self-driving cars are nothing new to the world, as popular models like Tesla, already remains the talk of the town! But, legally, making use of these self-driving cars is impossible without a sober human driver behind the wheel, at least the case in the majority of the countries because there are lot many challenges associated with the autonomous driving practice. One main challenge is the cybersecurity, which is yet to be achieved 100%, even in this technological era that offers ample chances for the hackers to drive your self-driving car into the ditch. But, with the near-impregnable security of the Blockchain technology, experts like Kyle Therriault, Executive VP, AA Garage is optimistic about the availability of the un-hackable self-driving cars in the near future, which means our driving ways are going to be super smart and super secured, undoubtedly!

Digital Advertising

Sure, the digital advertising method has favored the marketing industry and the associated individuals but, not without causing pathetic troubles like fraudulent domains, lack of transparency, uncompetitive payment models and so on that disrupts the growth of the publishers and the advertisers involved, unfortunately!Now, with the powerful Blockchain technology, not only the security also, the transparency is assured that can allow these affected parties to enjoy the wholesome benefits. Yes, if the trouble-causing players are removed from the model only the good ones thrive which also led to the appreciable growth of the industry!

Voting

Whether the nation is a developed one or a developing one, the battle against the fraudulent voting activities during the election is a universal problem, which has to be checked permanently for the welfare of the society. What cannot be achieved using the stringent laws can now be, fortunately, achieved using the Blockchain technology, whose security can curb the tampering of votes and involvement of corruption money, successfully! In fact, The Russian government is keen to use this technique in their local elections, for which the pilot system is all ready and available!