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Blog/ Investing

Tips for Finding the Right Accountant for Your Business

It’s really difficult for an entrepreneur to handle all the accounts himself so sooner or later they need an accountant because it is hard to handle all the responsibility of taxes, accounting, and other functions. One must be careful while appointing the accountant as a good accountant can help you with business planning, tax returns, personal tax planning, and long term tax planning and networking. Finding the right accountant must be a difficult task so by giving a read to this article you’ll get a few tips that will help you in with this.

Needs of company

It is very important to understand the actual needs of a company. Analyze that do you want help with taxes, or financial tracking or you find it difficult to handle daily accounting practices. Moreover, you should also find out if you want an internal accountant or just an external accountant for consultancy.
After finalizing these points you have to emphasize the expertise that you need in your accountant as not all accountants adelaide have the same expertise, some are good at taxes and some with financial tracking, etc. If you want to hire someone for the basic accounting and paperwork that will be easy but if you’re looking for a long term accounting to help you with the business strategy and planning, then you’ll be needing more expertise.

Qualification of accountant

The qualification of the accountant matters a lot. But that also depends on your needs. In most cases, it is recommended that you should go for a Chartered Accountant or Certified Practicing Accountant. If you’re looking for an accountant just for the basic accounting you can go for an uncertified accountant but this isn’t recommendable in most cases, priority should be a certified accountant so there would be less room for mistakes.

The reputation of the accountant

You must do a little research on the accountant before talking to him. Try to get some information regarding his reputation, experience, and work ethics from the local businessmen or from people he has previously worked with as this will help you make your decision.

Experience of the accountant

You should hire an accountant that has more experience in your industry. If he’ll be familiar with the problems and needs of your industry, it will be easier for him to manage everything. Otherwise, they might not be able to advise you with business strategy and planning.

Interview multiple candidates

Before finalizing the accountant interview multiple candidates reach out to different people and ask for recommendations. Furthermore, interact with other businessmen and find out what are their policies of hiring accountants. This all will help you in opting the right accountant.

The services of a good accountant can be proved valuable for your business. Hence, these are the few tips for finding the right accountant for your business. And if you’re going to follow these tips you surely will find the most suitable person for the job. So best of luck with the hiring.

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Blog/ Investing

Tips for investing 300,000 euros

Let’s start by saying that, being a nice sum, you can think that you can live on income with 300000 euros: a lot depends however on the lifestyle and on the expenses that every month is necessary to face. If you are alone, you will probably be able to live with 1000 euros a month . If you manage to cover all the expenses with this sum and also save something, then you might even think about leaving work and living on a pension with 300,000 euros.

In general, to understand if you can live on income by investing a certain amount, if the expenses amount to 10,000 euros, we will have to invest around 250000 euros to be able to generate an adequate income .

With € 300,000 it is therefore possible to obtain a discrete financial income, which can contribute to considerably improving the standard of living of a person, but it can hardly completely replace labor income , unless you want to live very carefully.

Investing 300,000 euros: prudent profile

If you don’t like the risk and you belong to the “prudent” group, then you are one of those savers who want to know how much they can make 300,000 euros invested with caution . The first thought, of course, goes to the bank . But how much does the bank give you, monthly or annually, for such a sum? Unfortunately, the savings today make very little.


Despite being a good capital, in fact, government bonds, deposit accounts and deposit certificates, as well as all postal savings products, have low returns , which are unlikely to exceed 1% per annum .

Invest in stocks
The global stock market grew on average by 7% per year. Investing 300,000 euros in shares and other financial transactions could lead to very attractive returns . Shares, bonds, commodities, funds and so on.

Investment in financial markets is particularly suitable for creating an income. With 300,000 euros you should aim for a return of around 4% net per year to reach your goal.

One of the secrets is diversification . If you have a capital of 300,000 euros, it is better not to launch into a single asset: rather, better to look at products that combine multiple instruments within a single quota.

Equity funds
The investment funds dealing directly raise capital and invest in a portfolio of securities, which then divided into individual shares. In this way, whoever owns a share owns a minimum of all the assets that the fund has bought.

The private funds targeted are usually made of stocks, bonds, or both. Government bonds of industrialized nations, such as the German Bunds , are the safest instruments. At the other end of the scale we find the few-euro shares traded on the markets of emerging nations , while in the midst of these two extremes there are hundreds of facets.

Finding the right funds is difficult and requires considerable expertise, so if you are inexperienced, this part should be delegated to an expert. Despite this, the advice we give you to see make your 300,000 investment profit is not to lose interest and to set regular deadlines, so as to remind you to check the progress of the portfolio and to hear your consultant.