It’s Time For A Mid-Year Financial Review

As we enter the second half of 2014, this is a good time to look back at the first six months of the year to see how you are faring financially. We recommend that clients conduct a mid-year financial review to check in on their investments, budgets, savings and tax planning to see if adjustments need to be made.

Here are a few key items to look at during your semi-annual financial review:

Investments: How did your investments perform this year? Better than expected, worse than expected or about the same? Talk to your investment advisor to see if you want to make adjustments, including rebalancing your portfolio if your personal or business risk profile (your willingness and ability to take risks) has changed.

Savings: Have you reached your savings goals yet this year, or do you need to step it up a bit? Consider making an automatic transfer each month from checking to savings to ensure that you are saving consistently. This applies to retirement savings as well as traditional savings. Don’t wait until the end of the year to try to catch up.

401(k) plan: If you are contributing to an employer-sponsored 401(k) plan, look at your investments to see how they’re performing. Have you experienced any gains this year, or did you lose money on your investments? Are new funds available that better suit your needs? Can you afford to increase your contributions to get the maximum match from your employer? Discuss your 401(k)’s performance with your financial advisor to see if it is beneficial to make changes. Your plan sponsor – the employer – may also have additional information about the investments in your 401(k) plan.

Tax withholding: Now that you’ve made it through half the year, you probably have a good idea whether or not your tax withholding is adequate. Do you need to adjust your withholding to ensure that you don’t underpay your taxes, or perhaps you’ve had a child and are eligible for an additional exemption? The IRS offers a tax withholding calculator to help you determine if you need to make adjustments. This is particularly true if you are a business owner paying quarterly taxes. Are you paying enough?

Other areas to consider for your review: insurance, medical spending, quarterly tax payments and budget adjustments. Contact your investment advisor to discuss these critical components to your financial success. It might take a little time, but that is time – and money – well spent.

Maximize Your Business Profit Through Dynamic Scheduling

At times when the global industry is facing economic crisis and things are getting rough for most companies and businesses, everyone always end up talking about cutting cost. This is of course a practical thing to do but there’s also a great probability here that you will end up doing more damage to the business. Cutting cost is always translated into laying off employees which can demoralize the efficiency of your manpower or it could be reducing production cost which will surely sacrifice the quality if not the quantity of your product output. In order to maximize efficiency and excellent service without facing any cost reduction, you have to find out more ways to do this.

A Scheduler System with a Tracker

By adopting the Dynamic Scheduling System, you will learn how to use the Geo-location information provided by a dynamic scheduler system in tracking down activities of your field service men. Given such information, you will be able to know what your workforce is actually doing with their work time. With this gathered data, you can effectively design a Management Strategy that will enable you to boost your workforce efficiency by connecting them to job assignments or tasks most relevant to their performances. This is more beneficial to them and to the company.

Now, take a look on How the Dynamic Scheduling System can help you boosts your company’s productivity by increasing efficiency and delivering excellent service.

Reduce Unnecessary Schedules

Through Dynamic Scheduling, you can always maximize probability of customer satisfaction by assigning top caliber employees to top positions and challenging jobs and thereby eliminating unnecessary time spent for unrelated tasks. You can also ensure an effective customer-service delivery by providing a high-level service performance while increasing first-time fix rates.

Now that you have learned enough on how the Dynamic Scheduling works, find out how to maximize you company’s profit by increasing the efficiency of your workforce and maximizing customer-service delivery. What a great way to streamline your reduction cost without hurting the company. Here’s more of what you can learn from the Dynamic Scheduling System.

Maximize Human Resource Efficiency

With the proper tool to provide you with the exact inputs as to the daily performance of your staff and field service men, you will be able to assign them to more sensible and relevant posts or functions. You can always gauge their performance efficiency by tracking down on their specific locations. With such significant information, you can always maximize your employees efficiency. Although we are talking here of your field service men, the use of the Scheduling System is not limited to them. The Dynamic Scheduling System can also be effective in big department stores or supermarkets. Mostly in these places you can see a number of workers staying in one corner doing nothing, not even assisting customers while customers have their long queues in front of counters. The flow of service delivery is hampered when a cashier still have to pack up grocery items because no one is around to help in the packing.

Locator Tracking Device

Want to know if your employee is playing on the company’s budget? Here is an effective way to find out. Through the Dynamic Scheduling system, you will be encouraged to use a Locator Tracking Device necessary for the effective use of the System. This locator device is equipped with a tracker to locate visibility of your work force, including traffic situations and provide alternative routes to minimize fuel and time consumption. This is an effective measure if you are really considering cost reduction.

Identify Exact Travel Locations

With the tracking device, you can also be watchful on unscheduled travels or out of location travels by your employees which of course means additional wastage for the company. If you are aware of these things, then you can easily have your reasons to fire out immediately those undesirable employees trying to play their tricks on you and give more opportunities to those more serious and effective employees or workers to fill up your work force.

Set Up Immediate Contingency Measures

With the Dynamic Scheduling System, you can immediately set up contingency measures in the soonest possible time. Upon identifying arising problems in some areas, you can immediately deploy, assign or send backups nearest to that location.

Reduction of Carbon Footprint Services

Lastly, the Dynamic Scheduling System is also into promoting Reduction of Carbon Footprint and advocate support for Carbon Reduction. Commitment.

Are you losing money in your business so you want to maximize your profit? Through the Dynamic Scheduling System, you can always drive your work force into full efficiency for a better customer service delivery. But how to do this? Read the article Maximize your Profit Through Dynamic Scheduling System.

Marketing Tips for Financial Advisors

As a financial advisor you are responsible for providing your customer with valuable information and advice on how to invest and utilize their money. This is not a job for the feint hearted and you need to know your industry in-depth to be able to make recommendations based on current trends.

As you can imagine, customers are very wary about the advisor they use. This is understandable because they don’t want to take unnecessary risks with their finances, especially when expecting to increase their funds for their retirement one day.

It is imperative that you take your marketing very carefully, ensuring that you reach your audience effectively and prove that you are a top choice to help them with their investment options.

The first step to success is to design an easy to use and informative website that can become a valuable resource for customers looking for various financial information. By increasing your brand visibility and becoming a resource in your industry, you can increase your customer base. If you become a reliable source of valuable information, more people will turn to you for your financial advisory services rather than using a company that they don’t know or have never heard of.

This is all about brand awareness, which is why your company should have an easy to remember and recognize name and logo. Over time your logo will be recognized by potential customers as the one that gives them the best and current advice and recommendations, again leading to your success.

Become an expert in your field. While you probably are already an expert in terms of knowledge and experience, it’s now time to prove that to your customers. You can create a blog which links back to your website. Writing regular blog posts on the latest financial trends can help you improve your visibility and prove to your customers that you are a top choice when they’re looking for financial advice.

Newsletters are a great way to reach your audience on a regular basis. It is imperative when creating a newsletter that you are consistent in when you send it out. This can be weekly or monthly, depending on your schedule. Remember your customers will expect to receive your newsletter regularly, so don’t fall into the trap of leaving it for another week. Again you need to write current and quality tips, advice and news.

It’s important to be aware that newsletters are not about selling, they are about you having an opportunity to inform your audience and get them to remember your name when they are looking for a financial advisor.

Another top financial advisor marketing tool is articles. There are a number of websites that promote articles across a range of topics. You should ensure that you have regular articles being published, enabling customers to find your company when searching for certain financial products and advice.

Press releases are an opportunity to keep your customers informed while telling them valuable information about you and your business. It is imperative when writing press releases that you eliminate any industry jargon and ensure that they are easy to read, enabling customers to understand what you are trying to portray.

A good opportunity when looking at your financial advisor marketing is to choose a services company that specialize in your industry. They should have a team of professional writers with extensive experience in the financial sector that can write your newsletters, articles and press releases for you, maybe even your website content. This can ensure that you provide customers with easy to understand and up to date information without taking time out of your own busy schedule.