With the holiday season upon us, it is a given that we are going to focus tremendously on the idea of giving - as well as receiving - gifts. We want to make sure that those most near and dear to us are left happy after the holidays are over, which means that there is potential for a lot of spending to be done. However, is there such a thing as too much gifting? I believe that this is where a Long Island accountant can prove to be most helpful, especially when it comes to the realm of business.
Fox Business put up an article that went into detail about small business owners in relation to the various facets associated with the holidays. From what was shown in an American Express OPEN survey, it seems as though holiday bonuses given and gifts swapped, to name a couple of examples, were going to start seeing decreases. This isn't terribly difficult to see why, especially when the government shutdown has left an impact that is still being felt today. However, it is a choice that I can certainly see sparking outrage.
I do not believe that the lesser extent of holiday involvement was something that was done overnight, without any kind of basis beforehand. It's just that, with the current financial situation we find ourselves in as a society, a Long Island accountant can tell you that it is more viable to cut back on the spending that is done time and time again. In fact, 34 percent of small business owners have anticipated the holiday retail season to be weak. Keep this in mind as you refer to authorities along the lines of CFO Consulting Services.
You may be looking at this particular situation and wondering just how important it truly is. Well, the article made it a point to mention that 27 percent of business owners would be offering year-end bonuses to their workers. This is unfortunate, especially when you consider that it is down from the 35 percent that was seen last year. While it seems as though businesses are taking part in the holidays less and less over the course of time, one has to wonder about the long-term impact this can have.
If there is one thing that should be kept up in any line of work - and I am sure that any Long Island accountant would agree - it would have to be morale. You want to make sure that your workers are kept content and sometimes the simplest of gestures are able to keep said morale at as high of a level as possible. Holiday parties and related events are ones that many people look forward. While I understand the economic situation is not great, such festivities should not be done away with.
Fox Business put up an article that went into detail about small business owners in relation to the various facets associated with the holidays. From what was shown in an American Express OPEN survey, it seems as though holiday bonuses given and gifts swapped, to name a couple of examples, were going to start seeing decreases. This isn't terribly difficult to see why, especially when the government shutdown has left an impact that is still being felt today. However, it is a choice that I can certainly see sparking outrage.
I do not believe that the lesser extent of holiday involvement was something that was done overnight, without any kind of basis beforehand. It's just that, with the current financial situation we find ourselves in as a society, a Long Island accountant can tell you that it is more viable to cut back on the spending that is done time and time again. In fact, 34 percent of small business owners have anticipated the holiday retail season to be weak. Keep this in mind as you refer to authorities along the lines of CFO Consulting Services.
You may be looking at this particular situation and wondering just how important it truly is. Well, the article made it a point to mention that 27 percent of business owners would be offering year-end bonuses to their workers. This is unfortunate, especially when you consider that it is down from the 35 percent that was seen last year. While it seems as though businesses are taking part in the holidays less and less over the course of time, one has to wonder about the long-term impact this can have.
If there is one thing that should be kept up in any line of work - and I am sure that any Long Island accountant would agree - it would have to be morale. You want to make sure that your workers are kept content and sometimes the simplest of gestures are able to keep said morale at as high of a level as possible. Holiday parties and related events are ones that many people look forward. While I understand the economic situation is not great, such festivities should not be done away with.
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