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Investing in real estate can be a great way to generate income from commercial rentals. Often the problem is finding the appropriate funding sources. This can be a big issue, especially now when there are great real estate deals available that may disappear quickly as other buyers are quick to purchase. It can be very distressing for investors that want to purchase a property and the funds are not available quickly enough. When the financial processes take so long that the property is no longer available when the funds come through, it can be frustrating to any real estate investor.

Many experienced investors look to resources on the internet to help them find the investment. That is the easy part. The difficult part of the process of identifying and securing funding.

How do you find the right lender for your business? There are many resources that investors can go to, to secure funds. Many opt to secure a traditional loan from a bank, which can be time-consuming and require a lengthy application and approval process. However, this is not the only option. Some choose private lenders who they can work with directly to negotiate the terms of the loan. This is commonly a quicker way to secure a loan without jumping through the hoops that banks require. 

Some private commercial lenders have proven to be an excellent fit for real estate investors who need to secure funding quickly with a trusted partner.

Of course, investors need to do their due diligence to make sure they find the right lender offering a loan and interest rate that will let them pursue their goal of commercial property ownership.

With the coming deadline for tax season, you need to consider how you are going to go about fulfilling your business’ tax requirements. A lot of companies find it much easier to run a tax audit with third-party assistance. 

A tax audit is essential to make sure that all of your reporting obligations are adhered to and your business is running tax-efficiently. But, why does it make sense to outsource this part of business instead of handling in-house IT? Let’s take a look at some of the different reasons why it is recommended to outsource tax audits, and how the right IT help can prepare you.

Why Outsourcing Helps

One of the main reasons why it makes sense to outsource this part of your business is because you can benefit from an expert service. If you do not have any experience in finances, you may not be able to guarantee that you are dealing with your tax audit in the most effective and beneficial manner. 

This is why it makes sense to use the services of experienced tax accountants who know exactly what is needed, and have run many different tax audits before. You can make the most of their expertise to ensure that you are not missing out on any tax breaks available to you.

Another reason to consider outsourcing your tax audits, is that it can save your business money; many people do not consider outsourcing because they fear it is going to be more expensive, but this is often not the case. (Don’t forget to file your insurance as well to get 

The reason tax outsourcing is typically cheaper is that you are better guaranteed to receive all of the tax breaks available to you, so you are not missing out by paying more tax than you should be! Not only this but handling tax audits in-house can be more expensive, especially if you are going to need to invest in training your employees. 

Outsourcing Provides Peace of Mind

Not only is outsourcing helpful for your tax break, but it really helps bolster your IT. When you outsource your IT, you welcome a competent team of IT professionals who can help you with data storage to ensure you have all your tax files organized, on hand, and safely stored for future reference.

By outsourcing tax audits, you free up the time you would have spent to delegate towards your own business. You can focus on your core activities, which will ultimately boost your bottom line, and instead, you can let the accounting experts handle your tax returns for you. This works the same for your IT, as you can have confidence that any problem you might come across in taxes won’t be caused by IT, since you have the best care you can have.

If you work with an IT consultant, they can help you know what issues might be slowing down your productivity and what you can do to improve in order to run your business efficiently as technically possible.

All businesses are going to have assets that they can’t afford to lose. However, if the asset is valuable to the business, you can assume it will have value to those who might steal it, as well. Digital equipment, machinery, and even data can all be stolen.

Workplace security is the means by which we combat that very real threat of theft and unauthorized access. Today, workplace security works in a few different ways. Here are some of the ways you can neutralize potential and existing threats to the business.

Preventing unauthorized access

Not every individual who visits the workplace may need to have access to the assets that you have. For things like the inventory in the stockroom and highly valuable equipment, access should be controlled physically, such as with the use of ID-based restrictions. 

For digital assets, such as valuable and sensitive data, you should ensure that you use systems with two-step authentication and passwords, as well as access control to make sure that every user has to verify their identity and that each individual user account has access to only the data that’s relevant to them.

Surveillance and alerts

Anticipation of security threats in the workplace is crucial. For physical assets, this can mean using things like wireless surveillance systems, alongside security alarm systems so that you are alerted to the unauthorized presence in the property as soon as possible. 

For digital systems, this might mean working with a managed cybersecurity team who can monitor logs from a range of digital access points that can raise the alarm as soon as there is any suspicious activity. From there, they can lock down certain parts of the system, stopping the spread of any threats until it is resolved.

Creating a strong security policy

The security systems in place are only going to be as effective as the team that is operating them. As such, frequent training on workplace security threats and the creation and maintenance of a comprehensive security policy is key. 

Your team needs to know what steps to follow in the event of a potential breach. Rather than leaving it entirely up to their discretion, security and crisis management policies can help direct them to productively dealing with them as soon as they can.

Determining and preparing for threats

In order to make sure that you are putting strong security policies in place, you should start with an evaluation of the security needs of the workplace. A risk assessment will help you figure out what you need to protect and how it is currently unprotected. From there, you can work with the right physical security and cybersecurity management teams to find the best options to correct those threats.

With the help of strong security policies, the right equipment, and the help of a cybersecurity management team, you can make sure that your business is protected from the threat that criminals pose. Take the time to identify the assets that you value, the security threats that exist around them, and what you can do to close those gaps.