With the holiday season upon us, it is a given that we are going to focus tremendously on the idea of giving - as well as receiving - gifts. We want to make sure that those most near and dear to us are left happy after the holidays are over, which means that there is potential for a lot of spending to be done. However, is there such a thing as too much gifting? I believe that this is where a Long Island accountant can prove to be most helpful, especially when it comes to the realm of 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.
If you think that this choice made on short notice, you would be wrong since there are other facets which had involvement, too. The financial situation that we find ourselves in is not exactly tremendous, which is something that any Long Island accountant would be able to tell you about. According to the poll, 34 percent of business owners have said that they believe that the holiday season approaching would be weak. This is very telling and I am sure that many authorities - CFO Consulting Services included - can tell you the same.
Just how serious is the situation at hand, you may wonder? According to the article, only 27 percent of business owners have said that they would be offering year-end bonuses to their employees. To say the least, this number is lesser than the 35 percent we have seen the year prior. It is clear that the business world is seeing less and less of the holiday involvement. After looking at these particular statistics, I have to wonder just how much this will impact any workplace in general.
Morale, in my mind, is one of the most important aspects to consider about any workplace. A Long Island accountant can tell you that it must be kept at a high level and that there are many ways in which it can be done. Holiday parties and gift-swapping, to name a couple of examples, can come into effect and I'd like to think that they will be able to help in the long term. Make sure that you are able to keep these in mind so that economics are made that much easier.
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.
If you think that this choice made on short notice, you would be wrong since there are other facets which had involvement, too. The financial situation that we find ourselves in is not exactly tremendous, which is something that any Long Island accountant would be able to tell you about. According to the poll, 34 percent of business owners have said that they believe that the holiday season approaching would be weak. This is very telling and I am sure that many authorities - CFO Consulting Services included - can tell you the same.
Just how serious is the situation at hand, you may wonder? According to the article, only 27 percent of business owners have said that they would be offering year-end bonuses to their employees. To say the least, this number is lesser than the 35 percent we have seen the year prior. It is clear that the business world is seeing less and less of the holiday involvement. After looking at these particular statistics, I have to wonder just how much this will impact any workplace in general.
Morale, in my mind, is one of the most important aspects to consider about any workplace. A Long Island accountant can tell you that it must be kept at a high level and that there are many ways in which it can be done. Holiday parties and gift-swapping, to name a couple of examples, can come into effect and I'd like to think that they will be able to help in the long term. Make sure that you are able to keep these in mind so that economics are made that much easier.
About the Author:
Visit CFO Consulting Services today if you are searching for some additional information about finding a Long Island accountant in your area!. Unique version for reprint here: How A Long Island Accountant Can Help With Gifts.
No comments:
Post a Comment