Sunday 12 January 2014

How A Long Island Accountant 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.

A Fox Business article went into detail about the matter and it seems as though small business owners are cutting back on a number of facets related to the holidays. An American Express OPEN survey said that such individuals are lessening the degree of holiday bonuses, parties, and of course gifts. For many, this is considered to be something of an outrage, which is fair to assume. However, it seems as though there is still the impact of the government shutdown to take into account.

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 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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