vendredi 10 janvier 2014

How A Long Island Accountant Can Help With Gifts

By Rob Sutter


The holidays is one of those fields in which we are becoming more and more involved, which goes without saying. We want to be able to make the most out of this time of the year and the idea of giving gifts is something that we will do, at the cost of spending of course. With this in mind, how much spending can prove to be too much, you may wonder? This is an important subject to look into, especially if you were to talk to a Long Island accountant about changes in business.

Fox Business posted an article in regards to small business owners and how many of them are cutting back on the facets tied to the holidays. There was an American Express OPEN survey done and it seems as though holiday bonuses and gifts, to name a couple of said facets, were being decreased. One can see how this would be able to stir a great amount of outrage. However, when you consider the impact left behind by the government shutdown, perhaps this isn't as farfetched as one might assume.

I do not believe that the lesser extent of holiday involvement was something that was done overnight, without any kind of basis beforehand. It's just that, with the current financial situation we find ourselves in as a society, a Long Island accountant can tell you that it is more viable to cut back on the spending that is done time and time again. In fact, 34 percent of small business owners have anticipated the holiday retail season to be weak. Keep this in mind as you refer to authorities along the lines of CFO Consulting Services.

Just how serious is this particular matter, you may be wondering to yourself? The article went into detail about this particular matter, saying that only 27 percent of business owners would be giving its workers bonuses at the end of the year. If you look at the fact that 35 percent of such business owners offered them last year, you can see that there has been a noticeable decrease. While the economic situation we find ourselves in is dire, what does cutting holiday involvement do in the long term?

Morale should be kept alive in any line of work, which I am sure that just about any Long Island accountant will be able to agree with. It is apparent that workers have to be content or else they are not going to be able to perform to their utmost ability. Holiday parties, whether individuals believe it or not, can actually create a much happier environment in the long term. Many people look forward to such events and I do not think that economics should have as much weight on the matter.




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