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The few people that I know that are purchasing organic baby clothes started out or were introduced to the whole eco-friendly or a green world environment thru organic foods. After we discovered the benefits of organic food to our bodies it was only natural to look for other ways to benefit from this concept. Organic food has been with us a long time and it enables us to not only ensure that we are not consuming chemicals and pesticides in to our bodies and destroying our immune system. But at the same time it, means that the ground that these products are grown in is also not contaminated with these same chemicals and pesticides.
Organic Fabrics Come From Two Sources
The fabric that our clothes are made from comes from two sources. Man-made, such as polyester and nylon which use oil and other chemicals and the other is natural materials that come from plants like cotton or animals like wool. Man-made fabrics cannot be organic because they are made from chemicals. Natural fabrics on the other hand ensure that the environment has not been damaged. Fortunately clothing manufacturers are wising up to this growing concern amongst the eco-friendly and fashion conscious customers.
Organic baby clothes Come in Wide Range
A wide range of organic fabrics are now available and as more and more companies are recognizing the importance of organic baby clothes there are more choices than ever before. There is also a wide range of natural fabrics. Bamboo clothing is quite popular and even has thermo-sensitive properties. We can also take this organic clothing concept one step farther by looking into the behaviour of the companies that are manufacturing the clothing. It is easy to investigate a company’s reputation on-line. You can not only check out their reputation but you can also take a look at how and where their products are manufactured. Do they use carbon off-sets or fair trade practices. If you’re buying organic clothing, you probably want to know that the company you are buying from employs companies that use ethical work practices. Look for companies that manufacture in the US or Canada or companies whose factories are third party audited using the Business Social Compliance Initiative or BSCI monitoring system. This system is based on the labour standards of the International Labour Organization.
Buying Organic baby clothes
Buying organic or eco-friendly clothes means more than just buying fabrics that look and feel great. The way that the company operates should go back as far as the recycling of office paper. This should also include both plastic bottles and cans. Each and every decision that an environmentally friendly company makes should reflect that belief. It now falls on the consumer to dig a little deeper to make sure their money that we spend is going to a company that really deserves it. If you happen to have organic clothing but you’re looking for a new style you might consider donating your clothes to a local non-profit or charity. Having a clothing swap with friends where you all bring clothes to trade with one another is an awesome eco- friendly concept. Your waste can be another person’s treasure. Gently used clothing, or clothing that has been worn before, is great for the environment because there is no manufacturing for a product that already exists. That means no carbon dioxide emissions, smaller carbon footprint and less clothing going to the landfill. Looking for organic baby clothes, men, babies or kids is just another step forward to achieving an environmentally friendly world.
A new survey shows that most of the Australian tenants are willing to pay a premium for rental properties with solar energy in an effort to reduce power bills.
According to the Origin Energy study, two-thirds of renters would pay at least $5 more per week for a solar-equipped property, while 55 percent are willing to pay at least $10 more.
Homes with solar energy systems are becoming the new normal, says Origin’s Lyn Bowring. The general manager of solar, storage and energy solutions claims Australia is close to a tipping point, where tenants will expect to find smart energy systems in rental properties.
Solar battery storage systems can reduce electricity bills by up to $2,500 a year, says Bowring.
Because solar uptake is surging across Australia, it’s easy to forget that renters have so far largely been unable to access solar energy.
Landlords may, therefore, find themselves left behind if they fail to install a solar power system on their property. They may even have to reduce the rent to attract tenants.
According to the Clean Energy Regulator, around 3.5 million solar panels were installed across Australia in 2017.
Although the outlook for renters is changing, this is because the cost of solar panels and home battery storage is decreasing and renters are keen to slash their power bills.
Landlords are expected to recoup upfront costs within 10 years like homeowners. Though beyond this time, extra rent would be money in their pockets.
The survey shows two-thirds of people would pay at least $5,000 more for a house with solar energy. More than half would even pay $10,000 more. Landlords would then subsequently end up with a more valuable property.
Investors can also claim back the annual decline in value because the purchase of a new solar power system is tax deductible, that’s why depreciation is a big bonus for landlords.
The Australian Taxation Office measures the effective life of a solar energy system as 20 years. As a result, investors can claim a 10 percent decline in value every year using the diminishing value method.
It is always an exciting time when starting a business. There are many aspects to think about ranging from brand marketing, product development and business financing. These are some of the key areas an entrepreneur will focus on as this will contribute towards the growth of the business.
However, this can sometimes mean that back office processes such as the accounting function will be lagging slightly behind the growth of other business areas because these functions need time to understand transaction flows and business strategy so that the control framework overseeing the business can be developed. It is therefore essential to know when the time is right to invest support infrastructure teams.
But How and When Would you Know This?
It is important for business owners to understand the performance of their business and have information at their fingertips – regular management accounts.
Management accounts are a suite of retrospective looking reports that describe the performance and underlying health of a business for any given time, and it can be using both qualitative and quantitative data. There are huge benefits in have these prepared on a regular basis. Most businesses will opt to prepare management accounts on a monthly basis, but there is no hard and fast rule because they are prepared to enable the business owner to make long term and short term decisions for the business. These benefits include:
Understanding How Profit or Loss for a Trading Period Was Derived
Knowing whether the business is turning over a profit or a loss is vital to ensure the future sustainability of the business. If the business is turning over a profit at the end of a reporting period, that’s great news! The information can be used to identify the products that helped with generating those sales. It will also give the business an opportunity to experiment with the product mix to better the performance next month. On the other hand, if the business is making a loss at the end of a reporting period then management accounts will be able to highlight the key areas of that are draining the business and can be addressed sooner rather than later.
Identify Trading Patterns and Trending
Prolonged production of management accounts will allow an entrepreneur to identify instances of seasonal trending. A simple example would be subscriptions to gym memberships tend to be higher at the beginning of the year and tail-off towards the summer. This allows informed decision making around pricing structures during these periods.
Having a Holistic View of the Business
Small business accountants near me are designed to provide a complete snapshot of business performance for a given point in time. This will often include tax estimates on a rolling basis and an estimate of costs that have been incurred but not yet billed to the business. It is important to have this information to hand because it will reduce the chances of a surprise at the year-end with financial statements need to be prepared for compliance purposes.
Manage Cash Flow and Stock Levels
Maintaining a comfortable level of liquidity is important. If a business makes sales with 30-day credit provided to a customer, the management accounts will be able to highlight whether these debts are being converted into cash on a frequent basis. Moreover, customers who frequently pay their debts late can be identified and their circumstances can be managed more effectively.
Using Key Performance Indicators
Key performance indicators will allow the business to detect trends in their business and react accordingly. The same indicators can be used to benchmark the business’ performance against competitors.
Detection of Irregular Transactions and Fraud
Regular management accounts will allow an entrepreneur to have a familiar understanding of where profit or fewer levels are on a monthly basis, and at the same time create an expectation for what the expected level of profitability is giving their understanding of the revenue generated. Of course, nobody wants to encounter fraud in their business but management accounts will enable an owner to become inquisitive and therefore detect and prevent instances of fraud.
Negotiation of Leases and Credit Lines
If the office is expanding and the business in need of extra office space, it is likely that potential landlords will want to see management accounts / audited financial statements to gauge whether the business is a going to be a good tenant. Likewise, banks will want to understand the underlying health of the business before granting overdrafts or additional credit.
The quality of information available within a set of management local accountants near me should not be underestimated and every business should consider integrating a reporting regime into their business review cycle. For further information, please do not hesitate to contact us!
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