mercredi 12 février 2014

Long Island Accountants Can Help With Gifts

By Rob Sutter


As we become more and more involved in the holidays, we have to be able to understand just how important it is for gifts to be given. We want to be able to make the holidays special for those we care about and it goes without saying that spending will be done in great numbers. However, it seems as though there might be too much done in this regard. When it comes to the way in which gifts are swapped in the realm of business, I think that a Long Island accountant can prove to be a useful entity.

Fox Business put up an article that went into detail about small business owners in relation to the various facets associated with the holidays. From what was shown in an American Express OPEN survey, it seems as though holiday bonuses given and gifts swapped, to name a couple of examples, were going to start seeing decreases. This isn't terribly difficult to see why, especially when the government shutdown has left an impact that is still being felt today. However, it is a choice that I can certainly see sparking outrage.

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.

You may be looking at this particular situation and wondering just how important it truly is. Well, the article made it a point to mention that 27 percent of business owners would be offering year-end bonuses to their workers. This is unfortunate, especially when you consider that it is down from the 35 percent that was seen last year. While it seems as though businesses are taking part in the holidays less and less over the course of time, one has to wonder about the long-term impact this can have.

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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