More Hits Than Misses: Producing a Successful Small Business Event

SeminarCorporate events tend to be a hit or a miss. But when done right, they can be fun, sophisticated and memorable. When done wrong, however, a corporate event will just be composed of people walking around in heels and penguin suits.

To make sure your small business event will be a hit, and hopefully memorable, it is important to do some proper planning. Whether it is a conference, a seminar, or a product launch, the success of your event is all in the details. And when you have done a good job putting together all those details, guests will enjoy their time and will likely speak highly of your event afterward.

Organising a memorable event, however, does not have to be as stressful as you think. Events Architects Pte. Ltd. recommends staying organised, and following the golden rules below.

Know Your Target Audience

Before you do anything, clearly identify who your target audience is. From this, all the other decisions when planning your event, from the format and content to the location and the budget, will fall right into place. This approach will also help you stay focused on achieving your set goals, preventing the scope from being watered down or becoming too broad.

Make a List of the Details

Make a list of everything you need, from the program flow and audio-visuals down to the smallest details like refreshments. In doing so, you can ensure you never overlook things.

You may want to set up a timeline as well to help you meet deadlines. List everything in sequential order, and visit this timeline frequently during the planning process to make sure you stay on track.

Remember, when organising a corporate event, everything matters, and everything counts.

Have a Contingency Plan

No corporate event is perfect. In the world of event planning, there will always be things beyond your control. The sound system may fail, or the keynote presenter may not show up.

Make sure that you can cope and move on by preparing a contingency plan. With a proper plan in place, you are one step closer to avoiding a major mishap.

Hopefully, these golden rules will come in handy as you start thinking about your corporate event. Take a moment to keep them in mind, and you are sure to leave a lasting impression to guests, most especially to potential business partners and clients.

Maintaining Your Company’s Finances and Transparency

business

In a market-driven economy, corporations thrive in the trust of their shareholders and consumers. Transparency, accountability, tax responsibility and faithful corporate governance are the best practices that raise corporate value.

In connection to these, why is it important to exercise extra caution in maintaining your corporate books?

Transparency in Corporate Direction

businessThe Western style of corporate governance places great weight in shareholder value. It is a market-driven economy which is why it is important that the corporate books are always open for inspection. This displays transparency in governance and raises the trust value of the shareholders towards the company.

While keeping books open, it is important that the entries are regularly updated and are faithful to the current status of the company. It is advisable to enlist the services of an independent auditor or a CPA. Utah accountants can countercheck your records and your books.

Auditing in a Regulatory Context

The maintenance of books is more than a ministerial job. The accounting books serve as the source of the financial statements of the company. It is where the company draws decisions on when to release dividends and when to increase or decrease expenses.

For sound corporate management, accurate and faithful audits are most essential. It is important that these books are balanced, counterchecked and reviewed regularly for discrepancies. This is why there has been a spike in the popularity of outsourcing and enlisting third party CPA in Utah. This ensures impartiality and lack of conflict of interest in the accounting.

Financial Statements in Connection to Tax Evasion

Tax evasion may be committed intentionally or unintentionally. Good faith or lack of intent is a good defense against tax evasion. However, this defense will not apply if the financial statements you submitted have glaring discrepancies.

Human error is considered in examinations for tax evasion, but if the errors are too clear and are too many, this becomes a theoretical case for fraud. The price of tax evasion is too high and too damaging to your company’s reputation.

The maintenance of corporate books is as important as any corporate act. Ensure the regulation and updating of these books and keep faithful to the standards of transparency and accountability of companies.