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Sunday, June 1, 2014

Available For Best Accounting Service

Challenging world of accounting means that you are like an ant to the world of giants. Sure, you got your degree but every clear minded individual knows that it is the real world where you grow and develop your skills, knowledge and expertise. The same logic applies to accounting when it comes to managing your books, writing off pay cheques, balancing spreadsheets and recording multiple transactions. If you have no backhand or preliminary knowledge or something, you may not even last a day in the professional field.

That is why for your accounting convenience, we have prepared a list of the best accounting services tips that will you get started on the right track:

Basics of bookkeeping

Not so confident about taking up the task for bookkeeping, then you could always ask a business friend or an actual bookkeeper. However, in case of an emergency or sickness, it is imperative that you brush up on your best accounting services basics for it may save your life when you least expect it.

Making a petty cash fund

Small expenses or even unexpected ones are avoidable with this best accounting service tip. They are small because they do not necessarily require the need to write off any cheques or the use of credit cards. That includes buying pens, staples or cleaning supplies. You should document every purchase that is made with fund and replenish when required. Keep in mind to do some extra counting in order to ensure that the amounts are balanced out on both ends.

Make it simple

This best accounting service tip shows that you must keep your record keeping methods simple and to the point. As your work with your industry you will be able to learn, adapt and develop experience that will help construct exceptional best accounting services. Taking on the situation head on without a base or a plan is simply betting all your chips in one go and failing.

Traditional and contemporary bookkeeping methods

Managing your books using a pencil may be years out of style but it still works. Electronic bookkeeping is fast but at times without the human element of revision, can draw out some nasty results such as inaccurate balance sheets and more. Using a paper assures more credibility about the accuracy of your results.

Saturday, May 31, 2014

What you need to do proposal or grant application?

The planning to hire a proposal writer to create your next proposal or grant application? As is true with any writing project, hiring a professional writer can save you a lot of time and stress. However, working with a pro still requires your input and organizational skills. To be sure that your proposal project will progress as efficiently as possible, you should consider the following questions before you interview a professional writer for the job.

All too often someone is tasked with writing a business proposal with an extremely tight deadline and their first thought is to hire someone to write it for them. Most of these cases result in the proposal writer rejecting them as a client because they are not prepared with the information that the writer would need to complete the project. These fast turnaround proposals more often than not require you to write it yourself - and this is where a pre-designed proposal writing package such as a proposal kit will help you get it done faster.

What is Your Goal?

Are you responding to an RFP and have to submit a PDF in a certain format? Do you want a beautiful printed proposal to present at a board meeting? Be sure you can tell the writer the deadline and the final format and describe the audience who will read the proposal.

What Do You Expect the Proposal Writer to Do?

This might seem self-evident - of course you want that person to write your proposal. But do you also expect the writer to lay out the pages and produce the final PDF or printed document? Do you expect the writer to create graphs or charts or other visual pieces? Do you want the writer to create an appealing cover? Do you expect the writer to manage the review process and consider comments from others?

How Much Are You Willing to Pay?

Writers come with differing levels of experience and expertise. You could always take the cheapest route and hire your cousin John who has written research papers in college, but odds are that he will create many more drafts and take much longer than an experienced proposal writer.

With a professional writer, you may be able to negotiate a flat rate for your proposal or a Not-to-Exceed rate, but in that case, the writer is likely to insist on a contract that spells out the terms of the job, and if you change anything or don't fulfill your responsibilities in a timely fashion, the writer may insist on renegotiating the contract. Most experienced writers expect to be paid by the hour. Writers who work in highly specialized fields may command a high hourly rate of pay, but odds are that they will save you time during the course of the project. If you expect the writer to manage the whole project, you should expect to pay a higher rate.

What Does the Writer Have to Work With?

In other words, where is all the information that needs to go into the proposal? Do you already have documents and digitized visual elements that can be included or that the writer can use as reference material? Or is the information that will go into the proposal all contained in the brains or laptops of various individuals, such as marketers or managers? If that's the case, the writer will need to schedule interviews with all the people who have the data needed for the proposal.

Do you have an example of a proposal your organization has submitted in the past that the writer can use for reference? In the best case scenario, you should be able to hand the write an outline for the proposal along with a sample proposal and a list of computer files containing the information needed to fill in the outline. At the very least, you should be ready to hand the writer a list of important points that must be covered in the proposal, as well as the names of people to interview to get all the needed information.

You also need to consider tools - does the writer need a desk and computer at your place of business? How about software? Do you have specific templates or proposal software that you want the writer to use? Starting off with a specialized package like a proposal kit can make the writing much more efficient because they contain instructions, examples, and sample proposals. A proposal kit will also help guarantee that the writer produces organized and professional-looking pages and an accurate table of contents.

What is the Schedule?

The time needed to create a proposal depends on how complex the proposal is, how many people need to participate, and how organized everyone is.

Things to consider for the schedule are:

Research time
First draft writing time
First draft review time
Second draft and incorporating comments
Final review
Changes from final review
Final proofread of all pages
Production of PDF and/or printed proposal


If the writer starts with the needed information in hand, the research time will be negligible. If the writer must collect all the data from multiple individuals, the research process will obviously take a while. If you have handed the writer an outline for your proposal, that will make writing the first draft more efficient than if the writer needs to "wing it." Here again, a pre-designed proposal kit can help with ideas and examples about the best organization for successful proposals.

Every proposal needs at least one review and one final proofread. For a very simple proposal, this might take only an hour or two. But if your project is complicated and has many sections, you probably have a whole list of reviewers whom you want to approve the proposal, and a review could take days or even weeks. Complex proposals may require several review cycles. Be sure to inform all reviewers about the date on which they will receive the draft proposal and the date you need all comments back from them. You might find it efficient to break the proposal into parts so that the expert for one part can review that section while the writer progresses on other sections. 

In any case, after each review is handed in, you need to allow time for the writer to consider and incorporate comments before circulating the next draft. When all reviewers are satisfied, then it's time for a final proofread before creating the PDF or proposal you will hand off to your client or grant committee. The final proofreader should be someone other than the proposal writer.

To sum up, the more organized you are before you hire a proposal writer, the faster the writing project will go. When you have answers to all the questions posed above, you should have no difficulty hiring a writer and efficiently managing your proposal project.

Thursday, February 6, 2014

Building Information Modelling 3D (BIM) Real Needs

The concept of building information modelling (BIM) has received universal acceptance from the building services, structural engineering and architectural fraternity mainly due to its need for lean construction and also its cross-disciplinary usability. 3D BIM modeling has existed for a number of years now and the industry is aggressively adapting itself to embrace the new work flows of the BIM process; however, there is still a lack of clarity amongst the owners (the clients) as to what exactly they can achieve from these models, what they need to achieve and how they can make optimum use of this concept.

This article seeks to explore some beliefs related to the use of BIM and sheds light on when it should be used and to what extent. For the sake of clarity, it is important to know the difference between non-BIM 3D CAD models and a parametric BIM models.

3D CAD models are virtual representations of a facility that provide only visual details. Applications such as AutoCAD Architecture and AutoCAD MEP are used to create 3D CAD models that can be used for design, development, construction and pre-fabrication. On the other hand, BIM models are intelligent models embedded with parametric details that are extremely important for design, development, construction, pre-fabrication, assembly, analysing energy performance and facility management of the built environment. For BIM projects, the details can be effectively shared between different project stakeholders: facility owners, designers/architects, MEP (M&E) engineers, fabricators, consultants and contractors. Revit Architecture and Revit MEP are applications used for BIM modelling whilst Navisworks is employed to detect clashes between different system models. 

One of the most crucial aspects that helps decide whether BIM is actually required or not is gaining an in-depth understanding of the model's purpose. More often than not, there is so much difference between client's 'stated' needs and his/her 'real' needs. In a lot of cases, clients state that they require a BIM model but actually what they require is a smart clash-free 3D model which can be used to extract respective construction drawings. In such scenarios, AutoCAD MEP or AutoCAD Architecture could easily be used to provide a 3D model that meets this need. Alternatively, a BIM software tool could be used to provide a 3D model without providing additional elements such as data rich 'information'.

In other cases, a BIM model may actually be the basis to plan, design, construct, and manage a particular facility. These scenarios require multidisciplinary project stakeholders to access the BIM model at different stages in the project life cycle. As a result, the most important factor that dictates the success of any project employing BIM is the richness of 'information' embedded into the models.

 So, depending on the project's scope, a full-fledged BIM model may contain valuable information, such as dimensions of building elements, quantity take-off data, material requirements, time scheduling, costing, prefabrication data, activity simulation, and energy performance. Other important factors that contribute to success of BIM include the data-sharing and interoperability standards to allow smooth multidisciplinary collaboration between key disciplines.
Irrespective of whether the client actually requires BIM or non-BIM CAD model, the BIM wave that has spread across the AEC industry has forced the agenda to adopt a more progressive approach to planning, designing and coordinating models and drawings. 

The industry continues to transition from non-BIM 2D approaches to collaborative BIM work flows and 3D CAD work flows and even that is a huge shift for the industry. This change is more often than not influenced by the demand side i.e. the clients.

Wednesday, February 5, 2014

Today Business And New Economic Conditions

I discussed a new economic reality and what companies can do to preserve jobs in a down economy. As I continue addressing this issue with former CEOs, I find myself peeling the subject in layers as though peeling an onion.

As I have stated in the past, it is easy to layoff people or close manufacturing plants when the economy slows. It seems our business schools have not considered another possibility and we are perpetually stuck with laying people off to preserve profits.

At the same time, when you examine closely, you see this method is extremely unprofitable. Why? When you layoff a percentage of people to save a million dollars, for example, you don't openly discuss the repercussions. If your enterprise is to remain a going concern, you will eventually have to hire people to fill those vacant positions. When you rehire, you have to factor in the associated costs to fill the position. You have to advertise for the positions. 

You interview candidates which is time and then you train those people. The real dollar costs could be $3 million on a $1 million savings. That does not factor the intangible costs of lower quality customer experience that tarnishes your brand because former employees may have had better knowledge of customers' needs. As the layoff strategy incurs costs greater than the savings, it makes sense for many leaders to orchestrate financial engineering to hide the backlash of the unprofitable layoff strategy.

As an alternative strategy, consider the horse and buggy industry. As the proliferation of automobiles continued in the late 1800s, those horse and buggy companies changed their model. They started manufacturing cars. In this example, the move was reactionary. As technology and outsourcing continue to encroach on today's industries, a proactive plan is needed.

In another example, with the expansion of the digital age, paper manufacturers may be squeezed. Instead of shutting down plants, transform plants or look for new business abroad. As people use less paper and third world countries increase prosperity, new needs will arise. Furthermore, the global population continues to grow. Therefore, one opportunity for a paper mill is to transform the facility in whole or part from paper for newspapers and periodicals to toilet paper. This is an area technology cannot easily replace. In fact, with an increase in population and more countries participating in global commerce, this commodity will experience increased demand.

 However, this should not be a reactionary strategy like the horse and buggy companies. To thrive as your current industry dies, you should have your employees participate in this strategy. Have production look at the necessary equipment to make the change.
Sales and marketing should be researching new markets in the US and abroad. They should be talking to current and prospective customers as well as distributors and suppliers. In addition, it may be worthwhile to invest in training for key personnel in the targeted commodity.

If  leadership takes on the mindset that they are constantly training employees to mitigate the risks of a dying or transforming industry, they will have to think about training staff and management to perform in new territory. Even if your industry is bulletproof, it would be wise to use this strategy to navigate through recessions. That way you are less likely to fall into the cycle of laying people off and later filling the position with someone else. There are always new opportunities that can be exploited when faced with chaos.