Posts

Every Cent Counts: How To Keep Track Of Company Finances

Company finances include balance sheets, income statements, cash flow statements and statements of shareholders’ equity. Having a business is not easy as you will have to manage the different aspects of the company. One of the most important things to control is the finances as this is how you will know what money comes in and out of your company. Not only will this benefit you and your company, but it will also make it easier to complete the annual taxes.

This article will advise you on how to keep track of your company’s finances so that you avoid mistakes that can result in significant financial difficulty.

Have a Dedicated Bank Account

As a business owner, one of the first things you will need to consider if you want to keep track of your finances is to open a dedicated business account that you can use.

As you can imagine, if you use an account that you already use for other purposes, it will be difficult to keep track of what expenses are associated with your business which can make paying tax more complicated than it has to be.

Make Use of Technology

Technology can facilitate the way you monitor your company finances in a way that requires less work from you and there is less likelihood of errors occurring. It may be a good idea to implement appropriate software that will help you and your staff control what money goes in and out of your company.

Surely, this can be achieved by hand if you prefer, but you will quickly see that you may spend a lot of time on this task when you could spend it on other priorities.

Consult With Professionals

You may have built the company, but this does not mean that you will be an expert in every single aspect of running the business. Any successful entrepreneur will know that you need to designate tasks appropriately and may even need to outsource certain responsibilities to those with more experience and knowledge. The financial management mavens behind Cedar Smith Japan recommend finding professionals in your area, so they can support you appropriately.

These experts can help you with managing your finances as well as advise you on the best plan for you to achieve this going forward.

Set The Same Date for Payments

One of the worst things small companies do that can complicate financial management is that they set different dates for payments. If you pay some employees weekly and others monthly, for example, it can lead to more mistakes and difficulties in keeping track of what is going on.

Set the same date for everything – the more organised you are with your finances and the processes you implement, the easier it will be to keep track of everything and you will see that there will be fewer mistakes.

Review Your Systems Regularly

Although coming up with an effective system is crucial from the start, this does not mean that you should rely on this forever. Things change constantly and what may work one day may not work the next. This is why you should review your systems regularly. This goes for every aspect of your business, but it certainly applies to the way you manage and monitor your finances. If something no longer works, make the necessary changes.

As a business owner, you will need to ensure that the management of your finances is pristine. Make sure to follow some of the tips discussed on this page to help you keep track of your company’s finances.

NSAV Signs Definitive Agreement to Acquire 50% Stake in HIVE

A definitive agreement is a legally binding agreement between all business partners. This document’s purpose is to provide a written contract of all relevant rules and regulations on how the respected partners will run the business.

MCAPMediaWire – Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced that the Company has agreed to acquire a 50% stake in crypto mining company, HIVE Strategy LLC., with Metaverse Network LLC. (MNC) holding the other 50%. As part of the transaction, NSAV will also acquire a 10% stake in HIVE Codes Inc. by virtue of its existing 10% stake in MNC, which will increase to a 20% stake at the time of MNC’s New York public listing. Management feels that now is the perfect time to throw our hat into the multi-billion-dollar crypto mining arena and recent published reports seem to back up our belief.

HIVE has developed the Generation 1 home “HIVE”. This set generates Specific Tokens via “Proof of Flow”, ensuring the Blockchain algorithms are accounted for according to the speed of the Ethernet, thereby promising participants rewards upon participation.

HIVE crypto mining devices are GREEN, use minimal electricity versus other mining machines, which have higher power consumption. HIVE mining devices are compact and can be used at home.

The HIVE crypto mining device is mining on the HIVE chain, which is a blockchain that will bring the power of data back to our people.

HIVE will officially launch in the U.S. by the end of March, making the revolutionary HIVE Crypto Mining Device available to all crypto miners. The average HIVE miner will recover their initial investment within 1 year. Management believes that this will become a new mining trend, similar to Helium Mining, as in a People Powered Network. According to published reports, Bitcoin miners generated more than $15 billion in revenue during 2021.

W. Y. Cheung, CEO of MNC stated, “We believe that the future is “Proof of Flow” in the blockchain world. In the beginning, Bitcoin and others started Mining by GPU (Graphics Processing Unit), but yet only a few players with adequate financial conditions are able to participate. They still are rapidly increasing carbon emissions because of the massive power supply which is required. Therefore, our team decided to invest and design this pioneering way of blockchain mining that only requires 5W of power supply and aiming to reduce carbon emissions.”

Dato’ Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and Silverbear Capital partner stated, “HIVE is targeting 1,000 HIVE devices on or before 2023 as a preliminary target, but we will adjust this target as we evolve in this discipline. We wish to thank the Silverbear Digital Asset Team for their valuable advice in this transaction and thereby allowing NSAV to be able to step inside this blockchain business sector.”

Stanley Yu, Senior Vice President of Technology and Silverbear Capital partner stated, “The special design of the HIVE Crypto Mining Device, means that not only is it compact, power consumption friendly, but also basically noise free. Thereby, making us a GREEN company in the crypto mining industry.  I also respect the fact that the HIVE chain will allow the data to be powered by the People and achieve true decentralisation. I am honoured to be involved in this revolution.”

About MNC:

MNC NSAV Logo

MNC NSAV Logo

MNC is a centralised App that transforms diversified users to decentralised universe DApps. It is a “playground” that supports both creators and users for access, allowing to create a link between the present universe and Metaverse to work together in harmony.  As Blockchain environments are dominating the landscape in the next era to come, MNC believes token ecology is essential to access the new era community and to operate in the decentralised economy.

About NSAV:

NSAV Company Logo

NSAV Company Logo

NSAV’s vision is the establishment of a fully integrated technology company, which provides turnkey technological solutions to the cryptocurrency, blockchain and digital asset industries. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, financial services, advisory services and information technology.

For further information please contact NSAV at [email protected]

The NSAV Twitter account can be accessed at https://twitter.com/nsavtech

The NSAV corporate website can be accessed at http://nsavholdinginc.com

The NSAV Premium OTC Crypto Trading Desk website can be accessed at https://nsavholdinginc.com/otc-desk/

The NSAV Hong Kong OTC Crypto Trading Desk website can be accessed at https://hkotc.co/

The NSAV Centralised Cryptocurrency Exchange (CEX) website can be accessed at https://ex.nsavexchange.com/main

The NSAV CEX Twitter account can be accessed at https://twitter.com/nsavcex

The NSAVDEX 1 Exchange website can be accessed at https://nsavdex.org/#/home

The NSAVDEX 2 Exchange website can be accessed at https://nsavdex.io/

The NSAVDEX Telegram account can be accessed at https://t.me/NSAVDEXorg

Silverbear Company Logo

Silverbear Company Logo

Silverbear Capital Inc., a leading, global investment banking firm, will be advising NSAV on strategic matters related to this transaction.

Silverbear Capital Inc. (SBC) has a dynamic of disciplines on a broad commercial level and practice. SBC has a strong group of Partners in a wide range of disciplines with seasoned experience in finance, management, and professional practice.

Disclaimer: Silverbear Capital Inc. does not constitute investment advice, or an offer or solicitation to sell, or a solicitation to buy, or any other investment product (nor shall any such shares or product be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbours created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Net Savings Link, Inc. to accomplish its stated plan of business. Net Savings Link, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Net Savings Link, Inc. or any other person.

Contact

Net Savings Link, Inc.
[email protected]

How AI Is Making Business Processes Easier And Better

Artificial intelligence, or AI, is making waves in the business world. It is changing the way businesses operate and making processes easier and faster. This article will discuss how AI is benefiting businesses and some of the top ways it is being used. We will also explore the future of AI and its impact on business. Are you ready to see how your business can benefit from this innovative technology? Let’s get started.

Streamlines Processes

One of the top benefits of AI is that it streamlines processes. It can help businesses automate tasks, which speeds up the process and reduces human error. As highlighted by the team behind Brightflag, AI makes it possible to conduct e-billing, manage finances, management, and other tasks more efficiently and accurately. In addition, AI can help streamline processes by reducing the need for employees to manually input data into systems.

So, if you haven’t yet embraced AI in your business, it is high time you do so. There are so many benefits to using this technology, including streamlining processes and reducing costs. You only need to find the right tool or software, and you will be good to go.

Boosts Productivity

AI is also boosting productivity in the workplace. It helps employees focus on tasks that require their attention, leaving them more time for other essential tasks such as strategy and innovation. As a result, organisations can increase their output and decrease operational costs by reducing human error from repetitive activities handled by machines.

In addition, AI can help employees become more efficient by automating tasks that they would otherwise have to do manually. For example, if you are a customer service representative, you can use AI to automate responding to customer inquiries. This will leave you more time to deal with complex or unique issues and improve your customer service experience.

Improves Customer Service

Another benefit of AI is that it improves customer service. It can help businesses respond to customers faster and more efficiently by automating responses to common questions or issues, thus improving employees’ overall quality of service. In addition, AI can help reduce human error from repetitive activities handled by machines, such as responding to customer inquiries or providing information on products and services offered.

As a result, this technology is transforming the way businesses operate and making processes easier for customers and employees by automating tasks that you would otherwise do manually. This will leave them more time to deal with complex or unique issues and improve their overall experience at work.

Improves Decision Making

Before then, decision-making was a complex process that required time and effort. With the advent of AI, decision-making has become much easier and faster. This is because it can help businesses automate tasks that would otherwise have to be done manually, such as responding to customer inquiries or providing information on products and services offered by an organisation.

In addition, AI can help improve decision-making processes by reducing human error from repetitive activities handled by machines, such as responding to customer inquiries or providing information on products and services offered. This is important to management because it allows them to focus on their core competencies instead of worrying about details that an AI system could handle.

Improves Communication

Communicating with customers and employees is another benefit of AI. It can help businesses automate tasks such as responding to customer inquiries or providing information on products and services offered by an organisation, thus improving communication between departments.

This is so important because lack of communication has decreased productivity in the workplace. It has derailed some of the activities or made processes more complex than they need to be. In addition, it can also lead to misunderstandings and create tension between employees. However, with the help of AI-based communication tools such as chatbots, businesses can automate communication tasks such as responding to customer inquiries or providing information on products and services offered by an organisation.

Decreases Costs

AI is also helping businesses decrease costs. It allows companies to automate certain tasks that previously needed humans to perform, reducing labour costs. For example, a business might use AI to automate responding to customer inquiries.

In addition, AI is helping companies reduce costs through energy efficiency, precision agriculture, and improved logistics. This is so important for huge companies that are spending a lot of money on these processes. For example, companies can use fewer vehicles to deliver their products and services by using AI for logistics.

AI has a lot of benefits for businesses. It can help them automate tasks that would otherwise have to be done manually, improve communication between departments, and simplify processes for customers and employees. As a result, this technology transforms the way businesses operate and makes operations easier for everyone involved. If you are running a business, it is essential to invest in AI and reap these benefits to stay ahead of your competitors.

How Technology is Changing the Courier Service Industry

Technology has completely transformed how the courier services industry operates all across the world. The future of the courier industry is likely to be dominated by technology which will change the way companies operate, deliver packages, and create value for their customers. In this article, we will take a closer look at how technology is changing the courier services industry and how it may impact companies operating within this space in the near future.

In terms of courier services, technology has revolutionised the industry in several ways. In fact, courier services now make use of technology in almost every part of the business. In terms of what technology is changing, the answer is just about everything. Let’s look at some examples of how technology is changing this industry on a grander scale.

Shorter Delivery Times

First off, let’s talk about how packages are being delivered by couriers. Over the past several years, there has been an explosion of on-demand delivery services for both consumers and businesses. One of the biggest reasons why services like this have become so popular is because they are convenient, easy to use, and very affordable. Consumers can place an order online, rather than calling or visiting a store, and get their items delivered within hours. This makes it easier for people to get what they need when they need it. Businesses are able to do this for their customers too which allows them to save time and money by avoiding the overhead associated with running brick-and-mortar operations.

Improved Delivery Tracking

Another way in which technology has revolutionised the courier industry is by allowing companies to gain better insight into where their packages are at any given time. In the past, it was common for a company to have no idea where a package was after leaving a fulfilment centre. However, with new technology and advanced tracking capabilities, businesses can now track their packages as they make their way to the end consumer. This is a win-win for everyone because companies are able to deliver better customer service and consumers know exactly when their package will arrive.

Bespoke Job Platforms

While some companies are beginning to automate their delivery systems, others are not. This means that there is a constant demand for courier services all across the world, which creates new opportunities for employment. Service Club, for example, has created a platform for prospective delivery drivers and employers alike. Not only do they have their Service Club Jobs platform for finding courier and delivery driver jobs, but they also have a platform for employers who are seeking to employ couriers and delivery drivers.

In order to stay competitive in the courier services industry, companies will need to keep up with the changes technology brings and add new jobs that use technology in addition to what already exists. Companies may even begin training workers for specific jobs in the future since this would make them more qualified and productive within their company.

Better Customer Service

Another way in which technology is changing the courier services industry is through new customer experiences. New technologies are allowing companies to provide a better experience for their customers as they order and receive items. For example, companies can now create custom apps that allow consumers to track their packages in real-time, pay with ApplePay or Google Wallet, see notifications on how close a courier is to completing the delivery, and much more. This makes it easier for consumers to get their items in a timely manner and provides them with a better overall experience.

Automated Deliveries

In terms of what is changing at the company level, many companies have already started using technology in order to automate certain tasks and increase efficiency. For example, Amazon has been testing unmanned drones to deliver packages in some areas of the world. While this technology is not yet available on a wide scale, it’s likely that this type of drone technology will be more widely used in the near future to complete deliveries under specific circumstances.

The Downsides

However, technology is not all good and has its downsides as well. One downside is that technology can require additional resources and financial investment in order to use effectively. For example, Amazon has invested significant resources into creating their advanced algorithms for predicting the arrival time of couriers so they can better estimate delivery windows. Not all companies have this sort of money to invest and so they may not see the full benefits of technology in their businesses. Even those that do invest heavily in new technologies may run into problems and fail if they don’t use them correctly or don’t offer a good user experience.

Robots vs. Humans?

Another downside is that some new roles for courier services have been replaced by machines, making human courier work more competitive. As we mentioned above, companies like Amazon have started using delivery drones as a way to deliver packages quickly and automate certain aspects of the delivery process. This has led to fewer jobs being available for those interested in becoming a delivery driver or making deliveries. Not only could this create more competition for delivery drivers, but it could also push the standard prices down because more people are able to get what they need faster. There has been a decline in the number of people employed as couriers because machines can now do many tasks better than humans. In fact, 20% of current courier jobs have been replaced by machines and this is expected to increase in the coming years.

New Opportunities

People may begin losing their jobs as technology becomes more advanced, but this could also create an opportunity for people to learn how to use and work with new technologies such as drones or automated vehicles. Unmanned delivery vehicles, for example, would require specialised training because they will not be operated by humans. This trend towards increased automation is making way for new technology professionals who specialise in customer experience, digital marketing, and software development. These jobs will likely become more and more common as time goes on.

Wrap-Up & Conclusion

Technology can greatly improve the courier services industry, but only if it is used properly. Using technological advancements simply to replace human workers with machines will not help companies as much as those that use new technology to make employees more efficient and helpful for their customers.

The future of the courier service industry is unclear, as it is difficult to know which technologies will take off and catch on with companies and clients. However, one thing is certain – courier services are changing rapidly due to developments in technology.

Financial Advice: The Main Benefits Of Collecting NFTs

Unless you have been living under a rock for the past few years, you have likely heard about NFTs. These non-fungible tokens are the latest in a wave of technology shaping how people do business and place value on things. However, many people are still in the dark about what they are and how they provide value. This post will cover why an NFT can be valuable and what advantages come from entering headfirst into the wild world of NFTs!

You Will Become A Part Of History

There is no doubt that by owning one NFT or many, you will become a part of history. You will be a pioneer in the space, and no matter what happens, you will still be one of the few who had the intestinal fortitude to walk the walk. Moreover, when you compare it with those who invested Bitcoin when it was only $1 per coin, you could be in for subnational returns in the future. There will always be naysayers, but those who do, do and those who don’t, complain!

They Can Be An Investment

When you get into something early, you take on more risk, but possibly set yourself up for a profitable exit. If you do your research and check the prevailing trends, you could end up with another Bored Ape #5199 on your hands! You need to use online resources to perform research and due diligence before investing, but with the right attitude, you could end up with something scarce and, therefore, expensive.

In order to buy and sell an NFT, you have to join a particular marketplace. An NFT marketplace is a digital marketplace for virtual goods and assets. They are created using blockchain technology, and NFTs can be exchanged through smart contracts. According to the famous NFT marketplace jungle, you can use these platforms for many things, from setting up your wallet that you will store your NFT in, to minting and listing your own for sale. When it comes to marketplaces, not all are created equally, and it is advised to use the most well-known options if you are just dipping your toe into NFT waters.

You Might Need Them For The Metaverse

While most will currently associate the Metaverse with Facebook’s rebranding exercise, it has been around for a lot longer than you might realize. In essence, the Metaverse is a virtual reality of sorts that is poised to be the next big thing. In this virtual world, you can do almost anything within the boundaries of the rules. The Metaverse is almost exclusively being discussed in relation to the possibilities of blending it with NFTs. In fact, NFTs and metaverses have become virtually synonymous. It is reasonable to infer that virtual worlds will form the basis of the Metaverse, and within these worlds, there will be more need for innovative contract technology as people trade inside these new worlds.

One interesting example could be virtual real estate. Plots of virtual land could be sold as an NFT, and it would work similarly to the real world. For example, more desirable areas would be more expensive to own than less desirable areas. The question remains what would be considered desirable in the Metaverse, but the opportunity is undoubtedly there.

You Can Support The Little Guys

Ultimately, NFTs allow people to sell things and keep the rights to those goods. This is a game-changer when it comes to art, as it means that artists can sell their works without worrying about losing control of them. You can think of it as if Picasso made 20 prints of his famous Girl before a Mirror artwork and then personally signed each of them. These prints would possess a higher value than prints that haven’t been signed and can be sold for a profit.

However, Picasso still owns the rights to his original works, which you can’t infringe on. However, it is even better for NFTs because anyone who makes one can place into the contract that they earn a commission every time it is sold. Because the contract is smart and uses a blockchain, this process would be automatic and inviolable. As a result, if you purchase an NFT from a budding artist, you are assured that you are helping them.

Some NFTs Offer Access To Members-Only Areas

The most popular NFTs have often included a special members-only area to which those who possess the right NFT have access. The most famous example is the Bored Ape Yacht Club, which provides access to members-only areas called the BATHROOM. What is inside isn’t necessarily the be-all and end-all. Instead, you can become part of an exclusive club (more on that in the next point). Other NFTs like Alex Becker’s Neo Tokyo open up an entire digital city on the blockchain that users can interact with.

You Can Become A Part Of A Thriving Community

Usually, you can tell who’s bought an NFT by how they use it as an online avatar for all of their online activities. They will use it for all of their social media channels, and it will almost become a part of them. But why is this so? Well, the most apparent answer is that by owning an NFT, you become part of an exclusive community of first movers. You are connected to other visionaries in the space, and you can use your NFT as a calling card. Because nobody will ever possess your specific avatar unless you sell it (and assuming you have bought into an NFT with individual identities), you can become known online by using it as a handle. In fact, many NFT collectors will hold onto one they particularly like and keep it rather than trading it.

You Can Obtain Something Truly Unique

Once you buy an NFT, you own that specific version of it. While you don’t own its rights, you own something rare and unique. You can think of it as borrowing the last ever Jaguar E-Type and having permission from the owner to display it in your personal collection. OK, that might not be the best analogy, but the point remains that you will have something that nobody else has in your possession.

NFTs are a relatively young innovation, and as such, there is a lot of misinformation surrounding them. However, there are plenty of potential upsides to owning one that ranges from investment opportunities to becoming a part of history.

How Can Businesses Improve Correspondence With Their Clients

Do you need to improve correspondence with your clients? Establishing a good relationship with your customers is essential in establishing a successful business. It can save you both time and money if you know how to get through your clients and get to know them on that level. It used to be extremely hard to do so, with limited resources and transportation but nowadays there are so many options to choose from ,depending on what kind of company you are running. So here are some tips and tricks on how to improve the correspondence and overall communication between the clients and your company all while using the most efficient ways.

See What Works For Other Companies

It’s all about finding something that suits your needs – but that doesn’t mean that you shouldn’t take a look at what other companies are doing. This can lead you to learn a few useful things, like what works for them and what doesn’t – this can be applicable on your own business as well. Also being up to date with today’s trends is a must in order to grasp the attention of your clients. Many successful companies are doing just that, always improving and being up to date with the technology and relevant ways of connecting with people – but also being open to alternative ways in order to establish communication with your clients.

Don’t Rely Only On Technology

Even though it’s much easier to communicate with clients by using technology and E-mails, it’s also a good idea to stand out from the crowd and try something else. Going the traditional route of writing letters is a great way to get the word out – also who wouldn’t want to receive a handwritten letter from a business they support? Having the right equipment is key, as you can see from francotyp, and the additional time and effort are definitely worth it! This is a great way to make the client feel special – and if the scale of the business goes past the possibility to send everyone a physical letter, create a loyalty program and reward your trusted clients! It’s all about finding the right equipment, and that’s already half the work done – pair this with a bit of imagination and you’ll get a satisfying letter your clients will look forward to getting!

Get Straight To The Point

One of the main things you should worry about when contracting your clients is to get straight to the point. Less is always more, especially when something is written down – people can lose concentration, get bored while reading, and similar so it’s important to write what’s important in a few sentences. Even if it’s just a thank you letter, it’s supposed to be short and sweet. On the other hand, if there are any legalities involved, it’s also extremely important to highlight the most important things and be as straightforward as you can.

Be Inspired

Clients and customers, in general, are always searching for something new and fresh – so being able to give them just that can boost your business and also draw in more people. Being inspired is essential for something like this, creating written content – even if it’s only for information purposes, it’s still a good idea to create something compelling and interesting. Trying out different things, possibly creating special packages or personalised notes is also something to think about, especially for loyal, long-term clients!

Use Social Media

Nothing beats good old social media – especially when it comes to algorithms and effective ways to find your niche customer base. On the other hand, social media platforms are a great way to connect with clients and have an interactive relationship. Engage in conversation, ask away and let them ask questions back – this can create a healthy environment and lead people to be more connected with brands and companies. Platforms such as Facebook and Twitter are great places to create quizzes, contests, and other ways to make things more interesting. Also, if you are going to the traditional route of sending out letters, finding inspiration on Pinterest or Instagram is the preferred way, but the sky’s the limit when it comes to this, being creative is a must!

At the end of the day, it all depends on the type of business you are running and the customer base – especially if it’s something niche. But that doesn’t mean your options are limited, trying out different methods is always a good idea and it’s bound to bring success! Regardless of what kind of business you are running, nowadays it’s important to stand out and give something refreshing to people, especially since the market is overflowing with businesses!