Wednesday 26 February 2014

A Long Island CPA & The Element Of Chance

By Robbie Sutter


When it comes to the types of systems that are used to help business, slot machines wouldn't exactly be the first choice to come to mind. After all, these machines are the ones that are utilized for the sake of leisurely purposes, in most cases at least. However, is it possible that they can be linked to the work of any Long Island CPA, which wouldn't have been thought of otherwise? After seeing a unique system come to the surface, I believe this to be the case.

The Washington Post published an article in regards to a system that can help a number of small businesses. Going by the name of "Volt Fund," it's a program that deserves the attention of any Long Island CPA because of how it can take a share of proceeds from any slot machine and apply them to smaller companies owned by minorities and women. To say that this has potential would be an understatement. Companies like CFO Consulting Services should take note of this story and its developments.

If you want to know, a couple of areas in Maryland have seen success because of this system put into place. For example, did you know that Anne Arundel County has been able to receive commercial loans as of late? The article spoke about this, as well as the amount of profit that Volt Fund has been able to bring to the surface. It was an idea that was started back in 2007 but only during 2012 did the program have enough money for it to prove to be feasible on a greater scale.

I believe that this system can prove especially useful, considering the cloaked nature that slot machines have. Where does this money go to, I am sure that many of us wonder? Well, with this system put into implementation, it appears as though there is a far greater level of understanding as far as the destinations are concerned. Knowing that these funds will be able to help companies that are attempting to gain ground should be enough of a reason for Volt Fund to earn even more attention.

It's clear that Volt Fund is one of the less conventional ways for money to be made for the sake of helping smaller companies across the board. That being said, isn't it because of this reason alone that it deserves the attention it has attained? Without new ideas coming to the surface, how is progression supposed to happen? Volt Fund has a unique premise and I feel as though it can prove to be even more useful with time, provided it has the support in order to do so.




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