How to Set Up a Home Network- Beginners Guide

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How to Set Up a Home Network- Beginners Guide

Choosing a Wired or Wireless Network

Wired networks use Ethernet over UTP cable and tend to be faster than wireless networks, which is an important consideration if you are a gamer. The simple wired home network diagram below shows a minimum setup with a switch and broadband router.

Simple-Wired-Home-Network-Diagram

Wired Network Advantages

Wired Network Dis-Advantages

Main Uses

Home Wireless Networks

Wireless Network Advantages

Wireless Network Dis-Advantages

Main Uses

Setting up a Home Network -Components and Structure

Today however most home and small home office networks will use a wireless network or mixed network, as most people use Smart phones, and tablets which don’t have Ethernet support.

home-networking-diagram

The home network diagram below shows the structure of a typical small home network

For most home networks the Wireless Router or Hub which connects the network to the Internet will be the main component of the home or small home office network, and in many cases it will be the only component.

DSL Modem– converts digital signals into analogue signals that are suitable for sending over a telephone line. It is usually built into the Internet/broadband router and is not normally purchased as a separate component.

DSL/Broadband Filter– Used to filter out DSL signals from telephone signals so that you can access the internet and use the telephone simultaneously. Often included as part of the connection socket.

Wireless Router Location

The easiest way of testing you signal strength in various locations is to use the inSSIDer Wi-Fi checker which is an App that you can install on your Android Tablet or phone.

The general idea is to place the Wireless router in its preferred location and then move around the house with the inSSIDer Wi-Fi checker, and check the signal strength, and then adjust the location if necessary.

Extending Your Home Network

Home Router Setup

The two important one are the SSID used to access the Router and the router admin password as the default username/passwords are well known, and published on the Internet.

Connecting Wi-Fi Devices

However most modern Wi-Fi routers/hubs support a feature called WPS ( Wi-fi protected setup). Which usually involves pressing a button on the wi_fi router and a corresponding WPS connection button on the Device.

Home Network IP Addresses

IP address provided by the DHCP server are known as dynamic addresses, as they can change. You can also assign addresses manually, and these are known as static addresses.

When you connect to the Internet your device will use an external IP address. This address is the IP address of the router/hub. See Internal vs external IP addresses for a more detailed explanation.

Finding Your DNS, IP, MAC Addresses and Router IP Addess

ipconfig-command-example

Your home router is your gateway to the Internet. When viewing your configuration some devices refer to it as the default router whereas other use the term default gateway.

Splitting Your Home Network

For security reasons you may find the need to split your home network. This is especially true in small business networks like restaurants etc were customers are also given access to the network.

Firewall Configuration on Home Networks

A Firewall functions like a router, and generally what you use on small networks is firewall/NAT router combination in which a single device acts as a NAT router and firewall.

It effectively acts like a one way digital gate blocking access to your network from devices on the Internet, but at the same time allowing devices on your network to connect to devices on the Internet. (schematic diagram below)

Firewall-function-overview

Generally there is no configuration required as the default behaviour is only to allow connections from the local network to the Internet, and not from the Internet to the home network.

How can you test network stability?

Checking network connectivity

Network connectivity should never be lost; period. Apart from being up, it should also be fast and not prone to dropping packets. This can be done using three methods:

  • There are tools out there that help administrators keep track of their networks. One such tool is the Paessler PRTG Network Monitor (FREE TRIAL). This is an all-in-one network monitoring suite of programs that keep a constant eye on the connectivity between a host network and a test server like Google, for example, which aren’t expected to be down – ever.
  • If you have a grasp of even the basics of networking, you can conduct the test yourself using free tools like Ping and Tracert. If you don’t, keep on reading and we will show you how it is done.
  • Finally, connectivity and health testing can be done using third-party websites like Internet Health Test or Ping Can Be Useful. While these are the easiest way to go, they really don’t give in-depth information about network connectivity issues – at least not for free.

Monitoring network data

Only the right type of data should be transported on a network and not, for example, spam data from an attacker on the outside. In another scenario, servers shouldn’t be backed up during peak processing hours when they could hog the bandwidth.

Administrators should, therefore, keep track of what data packet is passing through their networks. They can use numerous deep packet inspection and network analysis tools found on the market which can be used to keep an eye on traffic and filter it as required.

Maintaining packet speeds across the connection

There shouldn’t be any attrition or loss of data speeds. Packets shouldn’t be dropped because the network is too congested, an access point is not up or performing as well as it should be, or because the specific packets have been blocked by mistake.

Administrators should have a plan as to how much bandwidth is allocated to every aspect of your data transportation – give more to VoIP and less to email traffic, for example, so audio communication doesn’t lag.

Ensuring network protection

Tools for Network Security and Stability

Finally, administrators know that their networks will only be stable as long as people who aren’t supposed to be on them are kept away. If outsiders keep meddling with data, configurations, and authorizations they will soon be able to hijack the network. They can then use it as a springboard for further attacks, hack the devices connected on it, or simply crash it.

Resource:

https://stevessmarthomeguide.com/build-home-network/
https://www.comparitech.com/net-admin/how-to-network-stability-test/
https://www.itprc.com/how-to-find-an-ip-address-on-your-network/

How to Get A Job In Writing: 9 Top Tips

content-agency

Create a Resumé & Portfolio

I recommend creating your resumé on Canva using a beautiful design. This will help to express your personality and set you apart from the pack. Also, if you have a nice-looking resumé, it shows that you give a shit, and employers want employees who give a shit.

Also, proofread your resumé! I will toss out a candidate as soon as I notice a typo on their application materials. If they aren’t detail-oriented enough to fix their resumés, I expect their work to be sloppy, too.

Then save your resumé as a PDF. Why? Because PDFs are universal, which means that your resumé will look exactly the same no matter what type of operating system your prospective employer uses. And FYI: Microsoft Word docs are not universal.

If you want to stand out, start with a beautiful resume and portfolio.

Create Job Alerts

But, instead of searching through the job listings, you’re only going to create alerts. For example, if you want a job making TikTok videos in Los Angeles, you’ll enter that search criteria on Indeed.com. When you get your search results, you’ll also see this:

So, why are we doing this instead of just applying to writing jobs from the search page? In my experience, a lot of people are looking for writing jobs right now. The last time I posted a writing job on Indeed in May, I received over 300 applicants in just THREE DAYS. Unless you see a writing job post that has been posted within the last 24 hours, you’re already too late.

Determine the Right Type of Writing

Blogging – Bloggers will write conversational pieces on behalf of their clients, often businesses, to build rapport with an audience and help with overall branding.

Web content writing – Web content refers to the content posted on a company’s website, and because the search engines reward fresh content, there is quite a bit of writing work in this niche.

Social media marketing – Social media posts, including LinkedIn posts, Twitter tweets, Instagram captions and Facebook posts, are all writing opportunities worth exploring for today’s freelance writer.

Full-time freelancers often do many of these, but you may find that one particular niche works better for you than another, so take some time to explore your options, and add portfolio items that fit.

Ghostwriting – Many freelancers are ghostwriters, which means they write part-time for someone else, who then publishes the work in their own name. Ghostwriters can write everything from basic online content and blogs to full novels and books.

Get a job in writing: The Final Word

Ultimately, learning how to get job in writing is hard work, but it’s more than achievable. While writing a book can be a good way to earn income, you can also earn income freelancing as an online content writer.

What are the highest-paying writing jobs?

Public relations and scientific journal writing are among the highest-paid writing jobs. Ghostwriting books is also a high-paying writing job. However, you can build a strong, good-paying career out of online writing gigs, if you know where to look.

Can you build a full-time career out of writing?

Yes, if you have a diverse portfolio and a diverse list of clients, you can build a full-time career out of writing. Take some time to develop your skill, then launch a successful and rewarding career.

Join over 15,000 writers today

Get Serious About Freelance Writing

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About The Author

Hi I’m Elna and I’m a freelance writer and mom blogger. I help people just like you become a profitable freelance writer. Within 6 months of starting my freelance writing business from scratch I was able to earn a full-time living as a part-time freelance writer while taking care of my twin toddlers. Check out my free email course Get Paid to Write Online and learn the steps you need to take to be a freelance writer.

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769 Comments

Wow, Elna! Your article was highly informative with a touch of inspiring! I’ve wanted to try to get in on freelance writing, but have never really committed to the pursuit. I’m going to try out your ideas, and find myself some extra income while honing my verbal skills to a fine point. If you see this, is there any extra advice you have?Reply to Justus

Hi Justus, Thank you for your compliment! That’s great you want to try freelance writing! It’s a great side gig or for when you work from home! I hope these tips can help you land your first freelance writing job!Reply to Elna

Hello Elna, Good day. I am so happy to stumble into this post. I am one of your students in Ready Set Traffic and I just learned about freelance writing a month ago as I stumbled into a local mom group in my country. I got excited and thought of giving it a try to earn some money, while slowly growing my blog. I got my first client, but she only wants 2 articles per month, and the payment is low per article (40$), but I accepted thinking that it can help build my portfolio. But after writing, I felt that it was not worth it because it took me a very long time to finish the article because I was reading a lot of resources and included a lot of resources, too. Where can I find jobs that pay a bit higher? I would like to enroll in your writing course, but I can’t afford it at the moment. Hopefully, in the future, I can finally enroll.Reply to Julai

Hi Julai! Oh, I hope you enjoyed Ready Set Blog for Traffic over on my Twins Mommy blog! As for your question, in the beginning you might have to do a little work to inch your way to higher paying clients. A lot of it depends on your client and your writing skills. Typically though, starter rates are around $.10-.12/word. My course is called Write Your Way to Your First 800k https://writeto1k.com 🙂Reply to Elna

Hi! Thank you so much for this post! I have a question for you if you don’t mind. I am a college student and I have terrible anxiety, so I have been trying to find a way to make a nice income from home. Do you know if any of these sites (referring to number 6 with guest posts) allow complete beginners to submit articles and accept them? Do you know of any sites that let complete beginners guest post, have a good acceptance ratio, and pay well? I would really like to do this and make a good income, if possible. Thank you so much and I look forward to hearing from you! -ConorReply to Conor

Hi Conor, Thanks for taking the time to read my post on 20 ways to find freelance writing jobs. In theory yes if the complete beginner has some social profiles and perhaps a Medium profile. Some guest sites want to know you have written online content before and will ask for some sample work. Medium is a fine platform to link to. They also may ask for you to link your social profiles too. But not all guest posting sites are like this! So do your research and try! The #6 option you are referring to is not a paid option. There are paid options for sure but the free ones are quicker to get your writing up and published and it can help build your portfolio as a brand new freelance writer.Reply to Elna

Elna, Thank you so much for your reply! I’ve been watching some of your YouTube videos and I found one talking about sites that post jobs. Is it common to find job postings on this site that are friendly to complete beginners? Do you think that is the best way for a brand new freelance writer to start making a good income quickly?Reply to Conor

Hey Conor, thank you Elna for a wonderful post it has been most helpful. I am starting out as a freelance writer hopefully, I was and still am very introverted sometimes. I thought that this made me want to be a writer, so I could survive in seclusion but I am starting to see that it is much more than that! I have no authority speaking on writing especially on how to make money doing it but there is something I would love to share Do not do a job just because of your anxiety, never let fear be the deciding factor for anything in your life! Please try and find a way to deal with this first, there are so many proven methods, have a deeper look at your own religion, study martial arts or even start an improv class Don’t let this control youReply to Shawn

Source:

https://www.thefreelancewritersguide.com/blog/how-to-get-a-writing-job
https://becomeawritertoday.com/get-a-job-in-writing/
https://elnacain.com/blog/20-ways-find-freelance-writing-jobs/

Freelance Writing Rates: How Much to Charge for Freelance Writing Services (New Data for 2022)

what

What’s a fair freelance writing rate?

Writers ranged from brand new (less than a year) to industry vets with over 11 years of experience. We asked questions around finding high-paying gigs, scope creep, and displaying rates on websites.

    The amount of ecommerce writers surveyed was surprisingly low! I think we’ll see more writers specialize in ecommerce in coming years as brands establish their digital presence. They’ll need resources and education to market to consumers online, and specialized writers can help them get there.

    I was surprised to see how experience impacts the rates freelancers charge. This likely boils down to a few things: testimonials and results to back up your work, and the confidence to charge higher rates. Both of those things come with experience.

The state of freelance writing in 2022

To understand how many freelancers arose through a pandemic, 16% of freelancers started less than a year ago as of November 2021. Some 19% reported freelancing for between one and two years. Though the majority of freelancers (65%) have been writing professionally for between two and 10 years.

freelance writing experience levels

what

Understanding what niches writers work in leads us to the next section. We wanted to know how much people were changing. So, we asked freelance writers to disclose their yearly earnings.

The next income level was $31K and $50K, with 18% of freelance writers claiming that was their annual freelance income for 2020. When you combine the percentages of these two groups, almost three quarters of freelance writers make less than $50K per year.

That suggests there is room for business improvement in a majority of freelance writer’s businesses. Think about your own operations. Where can you provide more value for clients to charge more?

average freelance writing salary

It’s probably no surprise that people bringing in larger incomes have been in business for longer. If we look at those who’ve been freelance writing for less than a year, the vast majority (91%) earn less than $30K.

To reach the six-figure salaries, it seems you need to have been working on your business and growing it for at least a couple of years. Of those earning over $100K, all have been freelance writing for at least two years, with 65% writing for more than six years.

how long does it take to make six figures freelancing?

So we decided the best way to give you a useful answer on freelance writing rates was to ask freelance writers themselves what they charge:

We addressed a big question in content marketing: How much should you pay freelance writers? Or, if you are a freelance writer, how much should you charge? It’s kind of hard to know unless someone tells you, right?

In 2015, we created an infographic, “Pay Rates for Freelance Writers,” to break it down. We provided average rates per content and writer type based on our own experience at ClearVoice. But given that the data is now a few years old, we wanted to revisit this topic and get an up-to-date consensus on freelance writer rates – for brands and freelancers.

The best way to get an answer to “how much to pay a freelance writer” was to take it to the streets. The past few months, we polled 500+ freelance writers from around the country to see what they charge, how they charge, what type of content they produce, corresponding level of experience, and even gender to see if a gap exists like in so many other industries.

Questions we asked in our survey on freelance writing rates:

1 – How many years experience do you have as a professional freelance writer?

2 – How do you charge?

3 – What do you charge per hour? (Approximate if N/A)

4 – What do you charge per word? (Approximate if N/A)

5 – What tasks do you complete for clients?

6 – What is your gender?

2018 How Much Should Freelancers Charge For Work?

Source:

https://peakfreelance.com/blog/freelance-writing-rates/
https://www.clearvoice.com/blog/how-much-to-pay-a-freelance-writer/
https://elnacain.com/blog/set-freelance-writing-rate/

10 Best Job Hunting Websites You Can Access For Job Search

Best Job Search Websites

Formerly a retail and e-commerce expert for Rebecca Minkoff, Emily now uses her expertise in small business marketing, technology, and entrepreneurship to create compelling content for small businesses, freelancers, and consultants.

Michael Rosenston is a fact-checker and researcher with expertise in business, finance, and insurance. Prior to this role, he interned at two Fortune 500 insurance companies and worked in data science in the advertising industry.

Job websites serve as the modern equivalent of classified ads by compiling and listing available telecommute and local openings. Equipped with millions of listings and additional resources like career coaching, resume tailoring, and blog posts full of helpful tips, using a job website is one of the best and most efficient ways to search for and apply to dozens of opportunities.

To find the best job websites to kick off your search, we looked at more than two dozen different job websites before selecting the top 10. We made our picks after considering the number of listings on each site, ease of use, costs, advanced features, industries and experience levels served, and reputation.

Job Hunting Websites ;

Linked-In

This is the best job hunting websites you can ever find. A lot of people may not agree. Because they view it as a social networking site! People post photos, updates and like and comment. But what they forget to do is to look for ways to promote themselves and get themselves a new, lucrative job. Linked-In has made all the effort for you to search job quite easily. Let’s look at some of the important attributes of Linked-In which makes job search super easy.

linkedin

CareerBuilder

Indeed

Some of you may not like Indeed because sometimes it doesn’t show you exactly what you search for but based on its database and the ease with which you can apply for a job or connect with a recruiter are incredible. Let’s look at the advantages you will have if you use Indeed.

Shine.com

Shine is a good example of smart job search. You don’t need to do much. Simply upload your resume and few important fields like your name, email address, key skills, functional area, and industry. And you’re done for hundreds of jobs. The best part of Shine.com is –

Monster

If you’re in the industry for some time, you may have known the name. It’s a popular job hunting websites with a huge database and it’s easy to use. People from all over the world search jobs in Monster and Monster is very dynamic with the following features.

  • It has the largest number of job listings that means no matter wherever you’re in the world you can access a nearby job and can apply for it if you’re qualified to do so. It’s simple, easy and convenient to use.
  • It allows you to upload your resume and provide useful tips about how to make your resume smart.
  • There is a separate page called “career resources” which allows the applicants to learn more about the latest trends, how to be a better professional, how to make their resume count, to learn about new trends in the job market and many more.
  • Monster also offers networking boards which are kind of new in the job placement websites. In networking boards, you can add new connections, see the updates of the companies you follow and can also recommend your colleagues.
  • It also offers a search alert which allows you to search jobs at your own pace and the relevant jobs are sent to you via email.

SimplyHired

SimplyHired is like a twin brother of Indeed. It contains millions of jobs and they’re accessible simply by putting the “Keywords” and “Location”. It’s simple, fun and allows you to find relevant jobs that you’re looking for. Let’s look some of the good features of SimplyHired.

job websites

Dice.com

If you’re by any chance is a tech guy/gal and came out fresh from the college, there are job placement websites which you would love to search jobs; because this site is specifically designed for tech jobs. It’s Dice.com. Let’s look at some of the features of Dice.com.

  • You can search jobs that suit your profile by filling in job title, keywords, company name, employment type, skill-sets and location you’re in or you prefer.
  • To upload your resume, you need to become a registered user. You can do that simply by filling in your name, email, a password of your choice and by mentioning that you’re not a robot (funny!).
  • You can also have access to a lot of articles, news, and information related to technology and how technology is reshaping the world.
  • Like WordPress.com, once you’ve registered yourself on Dice.com, you will have a separate dashboard all for yourself where you can see your previous activity.
  • Moreover, Dice.com does many surveys on hiring, turnover of tech giants, trends of tech jobs and many more which you can access even without registering yourself at Dice.com.

Linkup.com

This is one of the most useful and often neglected job hunting websites for job search. The basic feature of this site is that it uncovers jobs from company websites for the job applicants. Many companies do not advertise their jobs in job hunting websites. It has some good features. Let’s have a look.

Idealist

Many of you may have not heard about this job website but it’s incredible if you talk about jobs related to social service. It’s specifically designed to search jobs of all types (of course related to social service) like full-time jobs, events, internships, volunteering and you can also work with people and on different blogs.

Twitter

twitter

10 Tips for Effective Job Hunting Strategy:

Choose the companies you would want to focus on

Choose as per your focus, your focus might be good money, or it might be the goodwill of the company that attracts you, or it might be the experience you drive out of a company as a fresher to achieve a good and a successful career.

It completely depends on your priority. Jot down at least 10 top companies you would want to work for. When you choose the company doesn’t forget to rank the company as per your preference of a company to work for.

Once you rank the companies simply give a reason behind the ranking. Jot down the advantages and disadvantages of working for the company. And yes it please pen everything down, as you would not want to forget your analyses.

Study about your target companies

Job portals and recruitment agencies

Create an appropriate CV. The CV that you create should be in accordance to the industry you would like to focus. To do the same you can go online to have a look at a few best resume patterns and modify or create your CV accordingly.

Make sure you put in relevant and correct information as the companies do cross check your information from relevant sources. Create a profile for yourself on job hunting portals with relevant information and also upload your CV on the portals.

Creating a profile and registering with job hunting portals will give you access to information about the jobs available in the companies. You can either use the portal to apply for the vacancies or you can directly apply through their websites.

Similarly, you can go to the recruitment firms to register with them as they have the companies both big and small as clients. After you register you must keep in touch with these firms to check on the availability of jobs.

Keep a track on your social networking

Along with your Whatsapp, Facebook, and Viber, you must make sure you create a few more accounts. These are with LinkedIn and twitter these sites are more towards professional social networking, where you have more of professional contacts than the simple social media.

Also, updates on new openings are shared on such social networking sites. The company HR also keeps a watch on you to know how active you are on such sites and how active are you socially. To keep yourself going make sure you are socially active.

Attend job fairs and keep a watch on new papers

Sometime back companies used to flash their vacancy advertisements in news papers for there was no internet access, rather the internet was still not that popular and useful those days; however today we have access to the internet as people are more tech-savvy and advanced which is quite good for the companies as internet educated people can go for job hunting easily online.

Keep your options open

Review a number of companies and collect data with regards to these companies and their work culture. When you are doing so make sure you do not miss out on other domains of work in your field and also make sure you do not miss out getting information about smaller companies.

Never say a direct no to these offers as you might have something better waiting for you. I am not asking you to take up something that is not relevant for you; however, you can simply take the offer and once you get home evaluate what you might gain out of it.

Prepare yourself for rejections

Now you need to have the courage of accepting a failure even in the corporate industry. Not necessarily are you going to be selected by the in your 1 st and 2 nd attempt? Maybe you need to have many more attempts to get through a decent company which is one of the few from your list.

Do not stop your job hunting with a few failures that you come across. Remember failures should only make you stronger in your job hunting and confidence because every interview gives you more experience.

Keep yourself updated with the world

Along with bookish knowledge, knowledge of the companies, of the industry, etc. keep yourself updated about the world. You must have basic knowledge about the world, what’s going on in the world, the market, etc. make sure you watch the news more on television than watching any other channel to keep yourself updated about the important things in the world.

Keep a set of questions ready

Now before you go in for an interview you need to make sure that you have a list of questions ready to ask the HR. now the list of questions should not have their answers on the internet as this will not strike an appropriate conversation between you and the HR or the managers.

So chose the list of questions appropriately so that you can use them to strike a balance and a conversation between the HR and you. This will confirm that you know quite a lot about the company and the industry and would want to learn more.

ABOUT US

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Back to Work Webinar and Workshops For Employers & Employees
Coming this Fall
Discussing Legal & Health Considerations

Resources:

https://www.thebalancecareers.com/top-best-job-websites-2064080
https://www.educba.com/job-hunting-websites/
https://www.educba.com/job-hunting-strategy/
https://www.globaljobhunt.com/

Business Budgeting for Beginners

In this lesson, you’ll begin to look at various budgeting strategies, including strategic, capital, and operations budgeting techniques. The lesson will include some real-life examples of planning activities, and to further bring these concepts to life, you’ll work with a fictional company, Curly’s Pool Service and Supplies, by helping Curly formulate some plans and budgets!

In this comprehensive, beginner-friendly course, you will learn the elementary skills needed to be successful in the budgeting process and work gradually work your way up to creating a budget. You will also discover how to best evaluate the results of your budget and make decisions to help your business maximize its profits.

Course code: bfb

If the idea of creating a budget for your business, department, or project seems overwhelming, this course will alleviate all of those fears. Taught in an approachable and relatable format, this course walks you through the budgeting process so you can go from numbers averse to budgeting super-hero. The downloadable templates included in the course allow you to easily and quickly take what you learn and apply it to your job. The storytelling used throughout the course makes the topic more approachable and engaging so you can obtain the soft skills that will help you be successful implementing and tracking a budget in the real world. Finally, the course challenge is something that will pique your curiosity at the beginning of the course and provide motivation to complete the course and continue learning the material.

A company’s budgeting process involves a lot more than just rows and columns of numbers on a spreadsheet. The reality is that budgeting is a sometimes organic and sometimes organized process. Most often, it’s an equal mix of both in an attempt to add some level of certainty to an uncertain future. These processes are what we are going to explore in this course. You will be introduced to different strategies employed during the budgeting process, the techniques and tools that are commonly used to make budgeting forecasts, the components of a basic operating budget, and how businesses make certain decisions that may impact their budgeted amounts.

budgyt really is.

Herbl

Sierra Nevada

NY Athletic Club

Jefferson County

Jewish Voice for Peace

Ivey Mechanical

Duclaw Brewing

Animal Legal Defense Fund

RIMS

Jack-In-The-Box

Jay Godfrey

Fiesta Bowl

Clara Analytics

i-commit

Habitat for Humanity

Fortnite

Truth For Life

M/I Homes

John Varvatos

Fulmer & Company

ASCA

E-Mazzanti Technologies

Oregon State University

United Way

we know it’s
a bold statement

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capterra image

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in finance, validating is key.

missing links put on ice The budgeting process was so simplified by Budgyt, that even non-finance savvy department managers found it a vast improvement over Excel. empowering #communities By eliminating the hundreds of hours spent parsing data from Quickbooks, everyone at the fund was able to spend more time supporting their communities saving you time for #whatmattersmost The roll out of Budgyt allowed their teams to easily and successfully run their budgets remotely well before the COVID-19 crisis, preparing them for what came next. better budgets for better homes We gave the M/I team peace of mind by simplifying a complicated budgeting process, making it easy to import JD Edwards exported files and providing User Access features to ensure data integrity and security.

Difference Between Online Business Budgeting and an In-House Budgeting

Several businesses are now being conducted online. E-commerce vendors, among many more, are some of the most common business owners who need an easy and efficient way to keep a budget. The result is online business budgeting that revolutionizes the way businesses maintain t budgets. How then is it different from in-house budgeting?

In recent years, businesses have shifted their budgeting to the cloud for several reasons. The most important one is the ease of access. Cloud tech makes it easy to access documents, photos, or any media stored. Ease of access means the budget can be accessed wherever and whenever provided; there are internet and a smart device. On the other hand, in-house budgeting can be a little hectic to access, especially if you are a travelling business owner. The budget books can easily be forgotten and accessing them would mean travelling back or redoing everything.

Online business budgeting is safer and more secure than in-house budgeting. What happens to your physical budget documents in the event of a fire outbreak or theft? You lose valuable information that could be used against you. Online budgeting means only you can access the budget using the internet, a smart device, and possibly an encryption key for improved financial security.

Unlike in-house budgeting, online budgeting has numerous efficiency features. For example, Excel, which is a standard tool used in designing budgets. It can sum up your numbers automatically while leaving almost zero space for error. Computers are generally smart and can handle large tasks in a shorter time than human employees would take to do the same. In-house budgeting means you will have to take days to record, calculate, and organize expenses.

Benefits of Having an Online Business Budgeting Service

Business budgeting requires care, diligence, and accuracy. A little deviation from these and your business could begin crumbling silently. Here are the reasons why you need online business budgeting to help your business’ path to financial security.

It provides incredible scalability. Not every business is set to morph automatically into a big success with fast exponential growth. The majority of beginner online business owners assume they will start to notice sales and huge profits just because they have a footprint on the internet. It is never so. Scalability is achieved by having a budget, especially one you can carry around at any time to gauge your growth.

Online business budgeting imposes discipline and deadlines on the planning process. Professional business ethics require one to be honest with their finances. There is never room for doubt about making sales, profit, and maintaining business growth. An online budget helps you stick by your plans, deadlines, and anything you would expect to accomplish.

Online budgeting services are available in numbers. You can get any on the internet for free or for a price. Business budgeting is the ultimate tool for accountability, transparency, and growth in a business setting. Online business budgeting is the best way to go for start-up businesses since they are more affordable than in-house budgeting and have more efficient features.

I hope you see how important it is to be on top of your business budgeting, it could be the difference between you making or losing countless amounts of money. Business owners everywhere struggle with this, at Stamos & Stamos we see it every day with new clients. It makes sense though; you did not start your business to be an accountant. That is the reason why we offer our Outsourced CFO Service. We are completely done for you accounting firm with clients in over 30 states and counting. We will completely streamline your accounting process for you by building and managing your full-scale accounting and finance system. From payroll and bookkeeping to tax and financial planning we have your back. We focus on not only reducing how much you pay in taxes, but we also focus just as much on raising your monthly profit. If you click the button below it will take you to the Outsourced CFO page on our website where you can learn more about what we can do for you and your business as your Outsourced CFO! Click the button below, I cannot wait to speak with you further!

Sources:

https://www.ed2go.com/courses/business/finance/ilc/business-budgeting-beginners
https://budgyt.com/
https://www.updatepedia.com/what-is-business-budget/