Sunday 26 January 2014

Searching For High School Research Paper Topics?

Choosing topics!
Writing essays are pretty easy in high school as teachers are more than happy to guide students out on their work process. Basically teachers set up term papers for students in order to check out how much students have learned in the year at school. Younger grade students have a much better chance to select simpler students and students in the eight and ninth grade are more likely to be allowed so leeway. You can choose more controversial topics as this shows your writing prowess while still allowing you to learn something.
Get your topic approved by teachers!
If you have already been allotted a topic, you won't have a problem. But if you have to search out a topic then choose something which you have an interest in and at the same time keep it little controversial to get your teachers interest! Keep a list of topics handy as your teacher can sort through the list and then choose a few or one specific topic they find interesting.
Parts of an essay paper!
You can choose how to write your essay paper according to what your professor has requested. But the parts of nearly every essay paper are almost the same with: Introduction, Main Body, and Conclusion. Each part of this essay has a specific function and they are-
Introduction- the main part of the introduction is to introduce your main idea to the reader of your essay and give your reader an idea of what your research paper is going to prove. Make sure you have your theme, main idea of your paper, background information on the topic and the central idea of your essay written out well. Be brief in this part and limit your word count to a certain number.
Main Body -this where you should have almost every idea you want to submit present well in points. Make sure that you have references and the bibliography is well researched to prevent any errors.
Conclusion - In this paragraph you should summarize what you have learned and what conclusions you have reached from your research. Teachers usually do not limit the amount of words you should do on your term paper but do limit your essay to five or six pages at the maximum.
High school research paper topics are very easy to write after you have done the necessary research. Do take your teachers help before you start to get a good idea of what you are expected to do. Take a look at previous essays to get a starting point for your ideas for your research paper.
Education Essay

Essay Editing Service

If asked whether they'd rather jump in the closest river or lake, or sit down and write an academic essay, most college aged students would grab their swim suit and ask you to point them in the right direction. A professional essay editing service can help you with writing academic papers, which can be a very intimidating process -- especially for college entrance essays or for publication, and not just typical college essays.
Many writers are less than confident in their ability to preset coherent ideas while avoiding typos and fact errors, and that's why they usually think about using an essay editing service before they submit. When deciding which essay editor to hire, take a look at their samples. There are many advantages to having professional editing services proofread your academic research paper or dissertation. The professors or teachers who will be reviewing these types of essays are looking for a certain tone and type of argument. Having a professional editor who has experience with academic essays can help you turn mediocre writing into a superb writing.
A professional essay editing service will, at the least read your writing thoroughly and fix any grammatical errors, misspellings, and incorrect word choices. Some essay proofreading services will go a step further and edit for organization, clarity, and structure. If you're thinking about sending every academic paper you write to an essay editing service before you turn it in, you might want to make sure your editor understands your needs. Most professors are able to develop a good idea of your tone and point of view throughout the course of the semester. A professional essay editing service will understand your academic essay writing and editing requirements.
Education Essays

How to Proofread an Essay Or Paper the Easy Way - Proofreading Using Text to Speech and Other Tricks

Let's face it. People are lazy, and in general we're not getting any more energetic. When you just finished a paper for a college or high school class you don't want to sit there and proofread it. The problem is that if you don't proofread, you won't get a good grade. Some teachers are sticklers for grammar. No matter how well you write, no one is perfect. Teachers and professors want you to write a rough draft, a second draft, a third draft and finally a final draft; who are they kidding? Who's really going to do that?
Okay, now that all of the self-hating narcissists who enjoy reading their own work over and over have left the room, let me tell you how to get it done fast! I've put together a little list of tricks that you can use to get proofreading done in a few minutes. Because I know you're lazy, they are ranked from the least to the most amount of effort required.
Start with basics - spell check and grammar check. If you don't already do this then chances are you really don't care about doing well. This is absolutely the easiest way to check your document and catch the most obvious mistakes. You would be hard-pressed to find word processing software without at least spell check. Most will check it automatically and underline possible mistakes. Yes. Those red underlines on MS Word are probably mistakes.
Listen to your paper using text to speech software. This is undoubtedly the second easiest method to proofread your paper. This converts your text to speech (aka TTS) so you can hear all the mistakes. This is cool because you don't need to buy any software or install anything. Simply upload your document and they convert it into audio. Then download the MP3 and listen to it on your iPod. This way you don't have to sit in front of the computer. You could listen to it on a tts website, but I prefer listening while I work out. After all, we spend enough time in front of the computer screen without having to proofread on-screen.
Let someone else do it for you. How could it be easier? It really can't be easier. The only problem is finding someone who will actually read it for you. The best way is to get your parents or significant other to proofread for you. But if no one loves you, try emailing your paper to a few people and hopefully one of them will feel sorry for you and read your paper. The biggest problem with this method is that you will have to return the favor.
Read backwards - how is that easy? Do not do this unless you really hate yourself. If you really want to make sure that there are no mistakes, read your work backwards. You will catch every homophone or similar word mistake. You will also get a better idea about how you write. I am warning you, this method is like pulling teeth. I am not responsible for any self-inflicted injury resulting from reading your paper backwards.
If you like this article, please forward it to your friends. If you have any comments or suggestions, I'm all ears. Happy proofreading!
Education Papers

10 Steps Towards Writing an Excellent Essay

A paper is a form of academic composition that needs additional amount of academic, significant and careful level of problem. Even though an essay represents a kind of educational paper, some essays don't demand scholastic exploration. As a result, not every paper could be seen as academic paper.
Writing the paper isn't a walk in the park, nevertheless is pretty doable provided you build a method and follow it. your roadmap must fire up with the making of a feasible time-line, detailing all your data mining, pre-writing, writing and final check actions.
Ten necessary things to creating an essay are such:
1. Isolate the subject matter. The key move in to exploration course is getting a fix on your subject matter. the topic has to be all-embracing an adequate amount making sure that it allows an full research as well as discussion, yet narrow enough for you to deal with within the restrictions of the assignment.
As an example, provided you are interested in finding out about tobacco smoking by pregnant women, you might want to pose the question, "How does smoking influence overall health condition of young women?" Spot the leading thoughts or key terms within your inquiry.
2. Collect statistics for your paper. Once you've determined your subject matter, you're on the point to set off collecting information about the topic claim from diverse resources, like, internet sites, books, magazines, news, databases, as well as journals on hand. As you read, you might start to get a healthier awareness of your subject and will have the ability to prepare the thesis statement, the position that you will accept concerning the topic.
3. Take notes. Read and evaluate. Bookmark the preferred Internet sites. Print out, photocopy, and take notes of significant statistics. As you bring together the resources, write down comprehensive source details (author's name, title, place in addition to printing date, issuer, page numbers, website addresses, creation/modification dates on publication pages, and your date of access) on the note card, printed copy, or enter this particulars on your laptop or desktop computer for further access. If printing from the Web, it is advised to fix up your browser to print the URL and date of retrieval for each page. Learn by heart that an source material with no origin information is rubbish as you, the author, cannot reference it.
4. Think. Using the annotations, isolate all significant questions or key thoughts relating to the topic statement. Group all sustaining notions round each main point recognized. Don't tidy up yourself. This will be done later on once you build up the outline. Brainstorming often is an good technique to foster loads of ideas on a certain subject and next resolve which idea is the finest resolution. Brainstorming method is as a rule effective with groups of 8-12 people and should be performed in a de-stressed setting. If participants feel free to loosen up and joke around, they will extend their creativity further and, as a result, hence produce more creative ideas.
1. Define and get along with on the goal.
2. Brainwave ideas and solutions decide on a a time cutoff point.
3. Next, tag, condense, combine, polish-up.
4. Then, analyse the results.
5. Hierarchize solutions.
6. Consent on action and timeframe.
7. As a final point, control and screen followup.
Mind mapping could aid you when doing brainstorming. Mind-mapping is a pictorial way of transferring ideas from our consciousness on to paper instantly and easily. Through practice you'll discover that your brain is able to emit ideas quicker than your pen can record them on card. Thoughts are in general formed by our brain in a unsystematic order - individual thoughts have a tendency to trigger off new ideas which escort to suggestions, similes and creative concepts. It indicates that the subconscious fraction of our brain is working and not just laying dormant.
5. Develop a working thesis sentence. A thesis claim voices what you as the author believe as well as what you anticipate to establish. A effective topic statement is what distinguishes a introspective exploration job and a undemanding echoing of information. A decent test thesis statement will make it easier for you to focus your research activities. Don't hurry! You as the author should do tons of additional analysis by the time when you know a sufficient amount concerning a subject to detect significant or essential questions. You would possibly not tell how you view an problem until you've investigated the evidence. Like as not you will begin your research with a adequate, pilot or preliminary thesis which you can carry on refining until you are certain if you're advancing in right direction. The thesis statement is typically somewhere at the end of the opening section (intro). The first section, or foreword, serves to set the background for the thesis. Keep in mind, your audience will be on the lookout for your thesis. Make it unambiguous, sound, and easy to find.
6. Create a sketch. Outline writing will help you store the ideas organized and guarantees that you are staying on matter. In addition, it allows you flesh out the main questions and supporting details which confirm your contention. With your idea plan and note papers, fix this information into orderly grouped clauses. List all the central points and then the sustaining points and particulars that plead for the thesis statement. Have down pat that your outline is there to assist you all along while you create your paper. You can moderate the synopsis as well as the essay's arrangement after you kick off composing, if it is necessary.
7. Configure the essay in a draft. With your sketch as a guide, you are able to get underway to write the essay. Remember, that this shall be a primary rough copy of the paper and not the ultimate outcome which you will submit for a grade. The primary draft helps you to get your thoughts down onto paper. This rough copy is a area for you to assess the approach in which you, the author want to introduce the particulars. It helps you to ensure if you've staged the thesis statement clearly and have offered your arguments in a style the audience will figure out. All papers start with an introductory paragraph or two. Your introduction shouldn't merely exhibit the thesis statement, however it must as well tempt your readers into going through the paper. Making a thought-engendering opening paragraph calls for time as well as certain creativity. This is the space where you engage the reader and encourage them to continue reading. Your main part paragraphs announce thoughts that supports the thesis. You will work out main points that unveil your side on your topic and prop up your stance with facts you collected from your reference material. Source bits and pieces, either reworded or quoted should be integrated into the essay. You must exploit intermediary passages that bind given ideas to the personal ideas and assumptions. You must never merely trickle a excerpt in to the paragraph devoid of making the vital relation in the direction of the other arguments. The concluding paragraph concludes your essay. While closing your dialogue, it can furthermore come out with arguments for further investigation of your subject. A attractively-composed finishing part helps you to restate your claim sentence without restating it or the first part.
8. Reference sources. Every one of source information should be paid tribute to by means of one of several permitted reference styles, e.g. APA (American Psychilogical Association or MLA (Modern Language Association) and so forth. Each format pressupposes a certain formation plus design for citing rephrased and echoed resources in favor of all choices of printed, internet, and other kinds of resources. Remember to check with the relevant format handbook before stringing in given data in to your essay. The final piece of your essay is a record of referenced information. The only remaining page of every paper denotes Works Cited (in Modern language association) / References (in American psychological association). This is the moment where you, the author make a list of the whole arrange of sources you manipulated in support of the essay. The arrangement of the part relies upon on the citation framework which you're acting in accordance with. With either the Modern language association or APA Handbook, stick to the blueprint dictated by the kind of referenced information you as the author used. Provided you have some supplemental information that shed light on or add up to information in the body of your essay, perhaps you include this statistics in the function of an Addendum to the essay. The Addendum must be visibly marked and is positioned behind the Reference / Works Cited section.
9. Reexamine the essay. After finishing your original draft you are advised to forget about it for a a while prior to re-evaluating it. While reviewing the writing, read it aloud, thus using the illustrative as well as auditory faculties. Using this method you might be evaluating your writing from a new viewpoint, and will be able to detect through vision and sound spots that need explication and re-wording. You will as well isolate some immature arguments, and in addition lines that are exceedingly long-drawn-out. Whilst reciting your writing, you should review for compositional as well as grammatical problems. Possessing the spell-check plugin integrated into your word processor software package it really is a must. Having reviewed this rough copy, you are supposed to ask over someone to glance at your paper to see if the thesis statement is apparent and if you have developed your arguments making sure that he or she understands the standpoint.
10. Proofread the essay. Preparing the final copy doesn't lead to that you happen to be prepared to present to the instructor. You are required to permanently proofread the paper yet another time making positive to check for format, grammar, punctuation, and typing. Conforming to a paper check-list will insure that you recognize every one of major components of the paper.
Make sure you've included all of the necessary paper components and have adopted the stylistic rules:
  1. Does the essay's title page contain title of the essay, ), along with title of the course, along with timestamp?
  2. Are Appendix sections marked and numbered properly?
  3. Were typing/punctuation rules followed?
  4. Is my Reference / Works Cited section sticking to accurate style rules?
  5. Did I make 1 inch margins on every side of the paper?
  6. Have I avoided stealing by cataloguing all sources?
  7. Is the text in my paper double-spaced? Did I number the pages?
In case you have positive replies to without exception, all the abovementioned checklist points, your essay is prepared for turning in.
Essay Papers

Towing Companies Offer So Much More Than Just Tow Truck Services

Everyone has needed a tow truck at some point or another. Whether it was a flat tire and a missing spare or a fender bender, tow trucks have helped us all out of a jamb by safely transporting our vehicle to a repair shop. But many people don't realize that towing companies offer more than just a lift when your car is disabled. From roadside assistance to flat-bed towing, your local towing provider offers a several helpful services.
Emergency Roadside Assistance Services
In addition to tow truck services, most towing companies provide complete roadside assistance. Many offer 24-hour help, so in the middle of the night-when roadside assistance is most important-they'll be there to lend a hand. From changing flats to jump-starting your vehicle, tow companies offer assistance even when you don't need the tow truck itself! Roadside assistance from your local towing service can help reduce your anxiety during stressful roadside breakdowns as well as help keep you safe. For those minor emergencies when your vehicle is temporarily out of action, they'll get your car going again and get you back on the road.
Emergency roadside assistance services are generally designed to help drivers with common problems like: 
  • Flat tires
  • Empty gas tanks
  • Dead batteries
  • Lock outs

Flatbed Towing Services
While you may be familiar with the use of a flatbed tow truck for transporting damaged vehicles, you might not realize that they are also used for hauling equipment and large loads. Many towing companies provide flatbed towing services for small storage containers, industrial equipment, tractors and farm equipment, walk-in refrigerators, and other loads too large for easy transportation. Generally available for cross-town trips as well as long distances, flatbed hauling can be a great solution for your hard-to-transport equipment. And, for added peace of mind, don't forget that the tow truck driver has the skills and tools to safely and easily load and transport your freight for problem-free transportation!
While most people automatically associate towing companies [http://cd-towing-service.albany-biz.com/site/services] with damaged vehicles, these businesses also offer other convenient and helpful services. The next time you think of towing companies, don't forget that they also offer roadside assistance and flatbed towing. Now you know who to call when you need either of these services!
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Changing Your Tuition Assistance Program From an Entitlement to a Strategic Tool

Companies around the world have realized that implementing a tuition program has various organizational benefits, and serve many diverse functions. In fact, approximately 85% of companies have some form of tuition assistance program, according to a 2008 Bersin & Associations Tuition Assistance study. Often, companies have set up their tuition program to serve as a standard benefit offering - an entitlement, so to speak. However, forward thinking companies are becoming more strategic with their tuition assistance programs, and are using them to assist in meeting other organizational goals and objectives. Specific needs are varied in nature, depending on the current focus of the organization. Examples could include:
  • Attracting and retaining certain types of talent
  • Developing employees for succession planning and other growth opportunities
Investing in your employee's future is mutually beneficial for both the employee and the employer. The employee garners the chance to increase knowledge and skills, while the company has the opportunity to invest in molding a "desired" employee. Training, formal education, certifications, experience, coaching, and mentoring all play key parts in molding a person into a desired employee. Organizations that recognize and appreciate this often will utilize all resources available in their attempt to develop career paths and succession plans.
While using a tuition assistance program strategically is a wise decision, many organizations struggle with doing so. Transforming your organization's philosophy on tuition programs from an entitlement program to a strategic tool can be challenging and a lot of work. It requires planning, resources, and time to be invested across all levels of the organization- starting from the top. Unfortunately, not everyone is able to do this quickly and efficiently. In addition, it is often hard for Human Resources to be able to put a hard ROI on the strategic benefits, therefore creating a harder sell to upper management. Because it is such a challenge to change gears, it makes sense to break the process into smaller steps.
Step 1 Why Do You Have a Tuition Program?
The first step an organization should take seems like an easy one- why do you have a tuition assistance program? What is the overall objective that you are trying to achieve by offering tuition benefits? As the program manager, ask yourself if the reason for the program can be defended all the way to the top of the organization. Tuition programs are expensive, although when compared to traditional health benefits, amount to only a fraction of the total company spend. It is typical, however, to see anywhere from one million to fifty million dollars in annual tuition spend. A few questions to keep in mind when developing the goal and purpose of the program include:
  • Recruitment- Is there an area within your organization that will be affected heavily by retirements, or an emerging sector that you will need to attract talented people to?
  • Retention- Are there employees that you need to retain in order to manage your daily business? Do you need employees to stay a certain length of time with the organization in order to receive a return on investment for hiring and training costs?
  • Development- How is your bench strength? Will you have mass retirements in the next two to three years? How is your organization positioned to handle the loss of knowledge that could result? Does your company follow a recruit from within philosophy?
Once you have asked yourself these questions, it is time to begin formulating an action plan based on your answers.
Recruitment
The recruitment strategy is the simplest of the three corporate goal concepts, as it relates to tuition assistance programs. Companies who utilize this strategy may be trying to fill a large number of open positions, or they may be using the strategy to quickly attract top industry talent by becoming the "Employer of Choice". A former Director of Benefit Strategies for Best Buy, stated they use this recruitment strategy to attract employees who can provide excellent customer service, and who will have enough longevity at Best Buy to achieve a positive ROI for the extensive product and service training required. Normally retail operations are less likely to offer tuition benefits than other industries, which allows Best Buy to be an "Employer of Choice" in the industry, and to attract and retain top talent.
Retention
It is obvious that employee retention is important to all organizations - even in a turbulent economy such as this. However, what is even more important is that the "right" employees are being retained. An employer can strategically create a plan design that is specific for certain degrees, or one that provides a higher tuition dollar cap for certain majors. Health systems often create programs that help to achieve a specific "crop" of employees. One health care system has developed their program based on current job class/type, and the specific degree/major that the employee is pursuing. This allows the organization to utilize their tuition program strategically in the daily management of their human capital resources. Benefits of this type of plan design include increased retention, increased loyalty, the ability to quickly respond to resource gaps, and career advancement opportunities. The difference in turnover percentages for those that utilize a tuition program versus those that do not is significant - often 20% or more based on research completed by EDCOR. This difference results in real dollar savings and adds to the company's bottom line.
Development
Utilizing a tuition program strategically for development goals is the hardest to obtain. It also happens to be the most difficult to measure and maintain. Despite the challenges that this particular strategy provides, when employing this strategy an organization should focus on using all of the tools available to them, including in-house, on the job training, external training, and college educations to help determine the planning and development needs for an individual. One of the key steps is to secure buy-in from the employee up front, as the employee will be an active participant in the development and success of the overall plan. In addition to helping to ensure success, buy-in from the employee also helps to develop a long-term and meaningful employee-employer relationship. Results have shown that those employees that participate in tuition programs consistently perform better that those that do not. This ultimately results in greater job mobility. All learning, both formal and informal, should be tracked and reviewed by the employee and the company to ensure that short and long term goals are being met along the way. These goals should then be rolled up into the overall departmental, division, and company goals to ensure that they are properly aligned.
Step 2 What Will You Measure?
As most of us are aware, almost everything in life is measured by results, and tuition programs are no exception. The second step in converting a tuition program into a strategic tool is to do just that - determine how you will measure the results of the program. Depending on the overall goals, there are many facets that can be measured. For example, retention and turnover rates for those employees using the program versus those employees who do not use the program. Can you make an association between the tuition program and overall tenure of the participants? You may also decide to look at the length of time between promotions for participants versus non-participants, or the percentage of employees who achieve degree completion versus those who just sporadically enroll in courses. Another useful metric to track is the number of new hires who utilize the program. And finally, tracking the overall employee satisfaction and engagement is important. The results of all of these can be critical in determining the overall support for the program.
Step 3 Review Every Aspect of Your Tuition Policy
The third step to creating a strategic tuition program is to carefully review and analyze your current tuition policy in great detail. Key items to look for are the way that your policy ties to strategic organizational goals, and ways that your policy helps to save your organization money.
One example is to evaluate the idea of adding non-degree courses to your program. Are non-degree programs valuable to your organization, and to your employees? What benefits are to be gained in allowing an employee the opportunity to take courses using the tuition benefit that do not ultimately result in the attainment of a degree? How can the effectiveness of this be tracked? These are just a few of many questions that employers should be asking themselves when designing or re-designing a tuition assistance policy.
A recent analysis completed by EDCOR Data Services, LLC, indicates that 85% of organizations surveyed allow non-degree earning courses to be taken and paid for as part of the tuition assistance program. However, there are caveats that often come along with this. The course must be either job related, or help the employee with basic skills such as mathematics, writing and grammar, or English as a second language. Additionally, the courses typically must be taken at a national or regionally accredited educational institution.
Another example of areas to review in your organization's policy includes making a determination as to what degrees, majors, and schools are acceptable under your policy. For example, aggressively limiting the schools a student can receive their education from. Not all schools are equal. Company approved schools allow for greater visibility to the quality of education and the quality of performance for those employees versus others.
Are all degrees and majors required to be job related? Does your organization want to cover upper education degrees like Jurist Doctorates, MD's, PhD's, etc.? These are examples of important questions that need to be asked by the organization. If your organization is attempting to attract a large volume of people to fill hourly positions, it may be more beneficial not to require job relatedness. However, if you are looking to fill positions internally and develop people in certain job fields, you may want to consider restricting tuition benefits to certain majors and degree types. The flexibility and pliability of your program is what will help you achieve certain goals, and maximize the value of your program.
The College-Level Examination Program® (widely known as CLEP), is another program that you can increase the efficiency, while decreasing the cost of your tuition program. According to Collegeboard.com, a CLEP examination allows students to receive college credit for experience. There are currently 34 CLEP examinations available, and include a wide variety of topics such as Financial Accounting, Introductory Business Law, and Principles of Management. A CLEP exam costs approximately $72, as opposed to the $300- $1,200 normally charged for tuition. The savings are apparent, and the theory of the CLEP testing itself helps to motivate students because they can receive college credit for knowledge they already have by simply taking and passing an exam. Beyond the initial savings in tuition costs, both the organization and employee can also realize substantial savings in time, as the degree completion time will shorten. This creates a win for the employee, and allows organizations to more quickly capture their return on investment.
It cannot be stressed enough that every area of your tuition policy should be reviewed in detail, thoroughly analyzed, and evaluated against your organization's overall strategic goals. Having rules or parts of the program that are included because "that is the way it has always been" does not allow for a strategic plan. Continuously ask yourself how does this help the organization achieve its' strategic goals.
Although this may seem like a daunting task, there are experts available to help you do this. These industry experts will carefully analyze your policy, and make suggestions and recommendations to help you not only achieve your goals, but to develop creative methods for cost containment while doing so.
Sara Van Wagoner & Katie Claya, November 2010
About EDCOR Data Services, LLC.
EDCOR is the nation's most experienced manager of tuition reimbursement administration solutions for Fortune 1000 companies. Edcor specializes in analyzing and building customized, Client-centric solutions for organizations seeking a well defined, fully automated, streamlined, and centralized tuition program for participants and administrators.
Academic Papers

9 Benefits of Companies Outsourcing Their CFO

All businesses need financial consulting, however not every business can afford to hire a full-time Chief Financial Officer (CFO). As a result, small and medium-sized businesses are increasingly turning to expert outsourced CFO services. Here's how an outsourced financial consultant can benefit your company:
1. Cost Reduction
Outsourcing a qualified accounting professional to handle your CFO services can help your company save a lot of money. You'll be getting expert services without having to add additional personnel and technological resources. This can help reduce your company's overall operation costs.
2. Quality of Services
With an outsourced CFO, you can be assured of quality services because he is a professional who has worked with different industries, and understands what works across the board.
3. Allows Better Focus
It's very important for businesses, especially small ones, to concentrate on their core competency, and let professionals handle what they don't understand. If dealing with the financial aspect of your business isn't your specialty, outsourcing CFO services can help to concentrate more on what you know best.
4. Overall Efficiency
When it comes to meeting deadlines, as well as other requirements of different projects, an outsourced CFO is generally more efficient compared to a hired one. This is because he has experience with almost all financial situations, and you can only expect the best from him.
5. Assistance in Getting Financing
Bookkeepers do a wonderful job, but it's usually an outsourced Chief Financial Officer (who is a certified public accountant), who has to present suitable financial statements to a lending body for financial approval. With his experience, the CFO will be able to identify the strengths and weaknesses in your company's income statement and balance sheet, and can equip you with the financial information that the bank may need. Many times, such CFOs will introduce your company to banking sources that match its lending requirements, and thereafter, assist you throughout the financing process.
6. Developing Budgets
Every business, regardless of size requires a revenue and expense management plan in order to successfully grow. An outsourced CFO can help you as the business owner to develop a model that demonstrates what needs to be done to attain a desired gross or net profit, or meet a sales goal.
Every company owner can attest to the fact that without a budget, it's difficult to run the business efficiently, leave alone managing it to become profitable. Therefore, the CFO can work with you to come up with plans that can help you identify the sales level that should be reached to attain break-even profitability, or know when it's sensible to hire additional employees.
7. Managing Cash
Small companies would love to be able to have sufficient cash to run their everyday operations, however, most of them lack the tool to help them forecast their liquidity needs. When you outsource a CFO, he can build a model that forecasts your cash-flow requirements both in the short and long term. In addition, he'll be able to help your company in prioritizing its cash-flow needs.
8. Assist in Complying with Tax Regulations
Several business owners usually disregard the consequences of failing to pay taxes to the federal and local government on time and in full. In addition, they pay the wrong amount of taxes because of wrongly entered transactions in the ledger. Accurate tax returns can't be prepared without proper financial statements.
Outsourcing CFOs can come in very handy for such businesses because they'll ensure that financial statements are prepared accurately, and in a timely manner. Consequently, they'll be able to assist you in navigating and complying with various tax regulations.
9. Upgrading Accounting Software
An outsourced CFO is familiar with a huge variety of software packages. As a result, he can weigh the gains of getting more powerful accounting software against the package's cost, in order to know if the purchase makes sense. However, that basic software you have in your office may not suit every business type; certain companies for instance, those that deal with manufacturing, have significant inventory management requirements, and need more sophisticated software. An outsourced CFO can offer you very valuable advice regarding which accounting software is right for your business.
As you've seen above, companies have a lot to gain from outsourcing CFO services, such as cost reduction, efficient services and cash management. Besides, you'll get more time to concentrate in the day-to-day running of your business.
Academic Writing
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