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Monday, October 20, 2014

A simple step to improve your small business cash flow

Running a consultancy firm can we rewarding but it takes a lot of hard work.Between managing
your consultancy firm and providing efficient service to your clients sometimes the most
important things can get overlooked.

The forecast of the amount of cash flow expected for the survival of the firm is one of the area
which can be neglected until its too late.

Being able to measure your success(cash flow) it is necessary to build your consultancy firm.

Traditionally cash flows forecasts usually required hiring a full time accountant or a bookkeeper.But
with advent of Cloud applications I am able to manage and improve my cash flows through the click of my finger

Harvest Application is an excellent example where I can track the number of consultancy hours I have spend with my client and provide them with a professional bill  on time.

Even better it gives my company a dedicated web address Give it a try today and let me know what you think.

Wednesday, October 15, 2014

India ‘Emerging wealth as compared to China ‘Star of the east’ as says Credit Suisse


Thanks to the rapid growth, Indian wealth per adult in rupees has increased steadily at a rate of 8% annually over 2000-2014, according to the investment bank Credit Suisse.

The fifth annual study by the Swiss bank of global wealth trends found the median Indian wealth per adult was $4650 in mid 2014  well below  as compared to China which is USD 21,330 in 2014.Currency movements often exacerbate the difference however still the difference is still very pronounced.

Household wealth in India is heavily skewed towards property and other real assets which 86% of estimated assets. The 2014 Global Wealth Report shows global wealth is 20 per cent above its pre-crisis peak and almost 40 per cent higher than the low recorded in 2008.

While Indian wealth has strongly risen the gap between the rich and poor is still high, as not everyone has shared in India’s growth. Ninety five percent of the adult population has wealth below USD 10,000 on the other end only 0.3 percent has a net worth of USD100, 000.

Out of more than one Billion of us only 238, 000 Indian are the members of the top 1% of global wealth owner.


The good news though is household wealth of India is projected to grow by more than 50% by 2019.Go India.

Monday, October 13, 2014

Ever wonder if you can ask 'Google' to forget you


Wonder no more Google Transparency Reports  contains data shedding light on how laws and politics affect internet users and the flow of information online.Google transparency reports allows users to browse on the current reports of link removal requests from their searches.



A recent example is the 146,357 request received by Google in Europe to remove content related to embarrassing information about people's lives from from the search result.

Guess this set up a precedent for internet users to ask 'Google ' to forget them however to what extent its a feasible proposition needs to be defined while also striving to stand by its belief that all of the world's information should be universally accessible.

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