With the holiday season over, it’s now time to talk about the upcoming tax season. Getting advice from a professional is critical to your financial success.

IRA’s, annuities, stocks, mutual funds, bonds, life insurance, etc …. it can quickly become very overwelming for many people.

The IRS laws are constantly changing and its best to put your hard earned money in the hands of a financial professional – to give you sane advice and peace of mind.

Recent surveys show that IRAs and annuities continue to grow as popular retirement investment options. But beware that there are some significant disadvantages you should be aware of.

CPA Jim Kohles is the chairman of RINA accountancy corporation and states, “Last year, four out of 10 U.S. households had IRA accounts. That’s up from 17 percent two decades ago.” (based on a ICI Research survey). Kohles continues, “But they can be bad for beneficiaries if you have a very large account.”

Annuities are onother popular investment vehicle as they offer a potential guaranteed income stream into the future. In the second quarter of 2013, annuity sales increased by 10 percent.

In addition to Jim Kohles, wealth management advisor Haitham “Hutch” Ashoo of CEO of Pillar Wealth Management and attorney John Hartog of Hartog & Baer Trust and Estate Law all agree that placing large sums of money in either annuities or IRAs can have serious tax consequences for your heirs.

Hartog was quoted, “If you want to ensure your beneficiaries get what you’ve saved, you need to take some precautions.”

The three financial experts provide these helpful suggestions:

• Better understand your assets as you may be worth more than you think. If your estate is worth greater than $5.25 million (for couples, $10.5 million), your beneficiaries at time fo death may face a stiff 40 percent estate tax and federal and state income taxes. CPA Kohles says, “It can substantially deplete the IRA.”

To avoid that, take stock of your assets now – you may have more than you realize when you take into account such variables as inflation and rising property values. Be aware of how close to that $5/$10 million benchmark you are now, and how close you’ll be a few years from now. Kohles adds, “Consider vacation and rental properties, vehicles, potential inheritances.”

Also, take advantage of the lower tax rates you enjoy today, particularly if they’re going to skyrocket after your death. “A lot of people want to pay zero taxes now and that’s not necessarily a good idea,” he says. An example is if you’re at that upper level, consider converting your traditional IRA to a ROTH IRA and paying the taxes on the money now so your beneficiaries won’t have to later.

• Consider spending down your tax-deferred IRA early. If you’re in the group with $5 million/$10 million assets, it pays to go against everything you’ve been taught and spend the IRA before other assets, says attorney Hartog.

• No matter what your estate’s value, avoid investing in annuities. Wealth management adviser Ashoo warns annuities, offered by insurance companies, can cost investors an inordinate amount of money during their lifetime and afterward.

“Insurance companies try to sell customers on the potential for guaranteed income, a death benefit paid to beneficiaries, or a ‘can’t lose’ minimum return, but none of those compensates for what you have to give up,” he says.

That includes being locked in to the annuity for five to seven years with hefty penalties for pulling out early; returns that fall far short of market investments on indexed annuities; high management fees for variable annuities; declining returns on fixed-rated annuities in their latter years; and giving up your principle in return for guaranteed income.

“If you own annuities and have a substantial estate, there are smart ways to unwind them to minimize damage,” Ashoo says.

If you are seeking sound financial or tax advice, please contact The Life of Luxury and we can put you in touch with an investment professional in your area.

A recent study completed by by Ledbury Research, has determined that the Middle-Eastern sovereign state of Qatar is world’s fastest growing luxury market.

The Ledbury Research report is titled “Global Luxury Hotspots” and announced that Qatar took the top spot as the world’s top 20 “fast-growing, frontier markets” for the luxury industry.

It may not be a surprise to many, but the Middle East with its vast natural resource reserves took the top three positions. The United Arab Emirates took second place and Saudi Arabia was ranked third in the luxury market survey.

Qatar has a relatively small population of only 2 million people, but just 250,000 are citizens.

Qatar was proud to have just held the World Luxury Expo and will be hosting the Football World Cup in 2022.

Nicola Ko is the senior luxury analyst at Ledbury Research and was quoted, “The Mall of Qatar is currently being built however, and with infrastructure to be improved in the run-up to the 2022 World Cup, the luxury industry has significantly more potential to grow in the country.”

Qatar has a history of investing in the luxury industry. It owns majority stakes in landmark department stores Harrods and Printemps in London and Paris, plus in Italian fashion brand Valentino.

To become even further entrenched in the luxury market, Qatar is also currently developing its own luxury label, titled “Qela.”

Photo source: Skyline of Qatar’s capital Doha. ©Paul Cowan/Shuttertsock.com

It’s no secret that people are living better due to better health care, exercise, etc… In the U.S., the average life was just 47 years back in 1900. That has steadily increased to 78 years in 2010.

As our population continues to grow, it’s also quickly aging. The main reason is the “Baby Boomer” generation. Each day in the U.S., about 10,000 people turn the golden age of 65 years old.

Living longer giver us more time to enjoy life, but can also put add a lot of stress worrying about how to keep the money flowing during retirement. By the year 2030, almost one in five Americans will be at the retirement age of 65 or older.

Unfortunately, money during retirement will be a huge problem for many of them, but there is still time to change that.

Chris Orestis is the CEO of Life Care Funding and senior health-care advocate. He was quoted, “With 30 percent of the Medicaid population consuming 87 percent of Medicaid dollars on long-term care services, we can see that’s not going to be sustainable. More individuals will be forced to find their own resources to pay for those needs.”

Several states including California, Texas, Florida and New York are welcoming legislation that requires seniors to be notified when they can convert their life insurance policy for 30 to 60 percent of its death benefit value. The money received via this manner can then be placed into an irrevocable fund that can be specifically designated for any form of care they choose.

This method offers the policy owner the option to use their own policy while still alive to help pay for their choice of any form of senior care services.

Orestis provides three additional ways for seniors to better cope with long-term care and other budgetary issues during retirement:

• Long-term care is a matter of survival, so use your best options. The practice of converting a life insurance policy into a Life Care Benefit has been an accepted method of payment for private duty in-home care, assisted living, skilled nursing, memory care and hospice care for years. Instead of abandoning a policy when they can no longer afford the premiums, policy owners have the option to take the present-day value of the policy while they are still alive and convert it into a Long Term Care Benefit Plan. By converting the policy, a senior in retirement will remain in private pay longer and be able to choose the form of care that they want but will be Medicaid-eligible when the benefit is spent down.

• Senior discounts really add up! Restaurants, supermarkets, department stores, travel deals and other merchants give various senior discounts with minimum age requirements ranging from 55 to 62. Some of these places are worth making habits, with 15 percent off the bill at Applebee’s, 30 percent off at Banana Republic and 60 percent off at Food Lion on Mondays! Don’t forget your free cup of coffee at Dunkin’ Donuts if you’re 55 or older, and don’t be shy – at many of these places you’ll have to ask for the discount.

• Your “last act” may be decades away, so plan accordingly. It makes sense to finally enjoy your money after a lifetime of savings, but be smart about it. Take time to organize your paperwork even before retirement and create a master file that holds things such as insurance policies, investments, property, wills and trusts, etc. so you have your financial picture in one place. Also, live smart today and hold off on that new car if you don’t need a new one. If your current car is paid off and you sit tight for an additional two years, you’ll save $7,200 on a new car with $300 monthly payments. Refinancing your home may also be a very good idea, since rates are still hovering around their all-time lows. Get at least three quotes, compare rates, terms and potential penalties to make sure you’re getting the best deal. Also, live healthy and buy more fruits and vegetables and less junk food to lessen the chance you’ll need long-term care in the future.

If you are interested in getting financial assistance and working with a money and/or insurance professional to help you and your family better deal with retirement, please contact The Life of Luxury.

Many people choose to handle their debts through a process known as debt consolidation. The objective of consolidation is to turn many debts into a single one with a lower rate of interest.

Debt consolidation is an excellent way for someone with a lot of high interest debt from credit cards, car loans, or other high-interest loans to save money in the long run, as well as improve their credit rating.

It does not, however, absolve them of the debt, and in fact it requires them to offer up some form of collateral or other item of demonstrable value in order to justify the loan.

Still, the reduced rate of interest tends to not only make the buyer’s payments much lower and more affordable, it allows the borrower to save money in the long run by paying off more of the money they actually owe and less of the interest on the initial amount.

When someone chooses to consolidate their loans, they go to a bank or other lending institution and bring information regarding all of their extant loans. This can be everything from credit card bills to car loans to gambling debts.

Most of these loans are known as “unsecured loans” because the borrower does not have to offer up anything as collateral in the event that they are unable to pay off the loan. As such, the lender needs to have a high rate of interest on the loan in order to make sure that they will gain back the amount the originally spent, plus a profit.

The rate needs to be so high that even if many of the borrowers do not pay back the loan, the company still makes money. This is why credit card debt and gambling debt are famous for their high rates of interest, since it is common for borrowers to default on them.

A consolidated loan then pays off all those extant loans and replaces them with a single large loan that is secured, in that the lender asks for collateral in the form of goods, properties or investments that they can collect on should the borrower be unable to pay.

While this means that the consolidated loan cannot be larger than the value a borrower can offer in collateral, it does mean that they can replace high-interest, unsecured debt with low-interest secured debt.

This has the downside of meaning that they lose their house or other property if they fail to pay off the new loan, however, and it also requires that the borrower own valuable and unmortgaged property that is more valuable than their extant debt.

Still, consolidation is considered better than bankruptcy for one both financially and in terms of credit rating in the long term, since it shows that one is willing and able to pay off one’s debts through one means or another.

It also means that the borrower will be able to access credit cards and take out other loans while paying off their consolidated loan, although financial expediency becomes much more important when paying off a large consolidated loan.

If you need financial advice to help you with debt consolidation or retirement planning, please contact The Life of Luxury and we can refer a certied financial planner to help your needs.

Talking about death is never an easy topic. But understanding the importance of a will and an accurate one is critical.

Simply stated, a will is a document that’s also called a “last will and testament” that determines how a person’s property or estate will be distributed after death.

A will states a person’s final wishes and is typically read by a county court after your death. The court tries to ensure that person’s final wishes are actually carried out.

Jeff Gorton is a Certified Public Accountant and a Certified Financial Planner™ that specializes in individual tax and retirement planning. Jeff knows the importance of an accurate will and offers several tips to help you.

Only about 40 percent of adults in the U.S. actually have a will. The primary reason is likely due to people not wanting to be reminded of their own mortality and that life will go on without them, according to Gorton.

Jeff states, “But what’s the alternative? If you die without one, the state decides what becomes of your property, without regard to your priorities. Why not enjoy the fact that a will is an instrument of power? You get to decide who gets what.”

Gorton summarizes a basic will into four unique sections:
• Executors — Most wills begin by naming an executor, the person responsible for carrying out the wishes outlined in the will. Duties include assessing the value of the estate, gathering the assets, paying inheritance tax and other debts if necessary, and distributing assets among beneficiaries. It is recommended that you name at least two executors in case your first choice is unable to fulfill the obligation.

• Guardians — A will allows you to designate a guardian for your minor children. Whomever you appoint, you will want to make sure beforehand that the individual is able and willing to assume the responsibility. For many people, this is the most important part of a will since, if you die without naming a guardian, the court will decide who takes care of your children.

• Estate — Your estate encompasses everything you own, including real property, financial investments, cash and personal possessions. Once you have identified specific gifts you would like to distribute, you can apportion the rest of your estate
in equal shares among your heirs, or you can split it into percentages. For example, you may decide to give 45 percent each to two children and the remaining 10 percent to a sibling.

• Gifts — This section enables you to identify people or organizations to whom you wish to give gifts of money or specific possessions, such as family heirlooms or a car. You can also specify conditional gifts, such as a sum of money to a young daughter, but only when she reaches a certain age.

Although there is no legal requirement for a professional to write a will for you, he highly recommends getting certified help in preparing one. Jeff Gordon says, “After working a lifetime for your assets, you deserve to have them go where you want after you’re gone, and your family will be grateful to you for not leaving them with the headache of trying to sort out your estate.”

In addition, he also encourages his clients to create a written income plan (WIP), which is a living document that helps organize financial priorities.

If you are in the need of legal advice, please contact The Life of Luxury and we can help get you in touch with a certified law professional in your area.

British manufacturer BRYCLA offers simply luxurious chairs used at a wide variety of high-end events plus special occasions such as VIP functions. and even Royal/Celebrity weddings.

BRYCLA showcased its line of the world’s most exclusive banqueting chairs at the World Luxury Expo in Abu Dhabi. The World Luxury Expo show was held at the Emirates Palace last week between September 27th – 29th, 2013.

BRYCLA has a passion and is proud to supply “100% British” innovative products. BRYCLA chairs are used around the world at only the worlds most exclusive events. Client desires nothing short of perfection, and BRYCA surely delivers.

The first of the two new products featured to the Saudi Arabian market is the stunning BRYCLA ROYAL luxury chair. The chair is finished in 22 carat gold and also certified with authentication.

The BRYCLA ROYAL chair is definitely a must, especially for VIP weddings and special functions, state occasions, luxury hotels, Government buildings, royal households, luxury palaces, in addition to other exclusive venues.

The chair seat pads are interchangeable to better suit the venue’s unique décor and can be manufactured in the customer’s specific style. The BRYCLA ROYAL chairs are currently used throughout Europe by many of the Royal households.

The second chair product to be shown at this U.A.E. event was the impressive BRYCLA PLATINUM. The patented BRYCLA PLATINUM chair is a revolutionary and elegant chair.

It features world-first design and first-class manufacturing techniques that are based on the classic napoleon design. This unique chrome napoleon chair will definitely enhance any hotel, room, event or venue with its gorgeous mirror-like finish.

BRYCLA wholesale prices are £2,000 for their elegant 22 carat gold plated “Royal” chair and just £360 for the equally impressive Chrome “Platinum” chair.

To learn more about purchasing a luxury chair from BRYCLA, please contact The Life of Luxury.

Trump SoHo New York is a 46-story ultra-luxury hotel condominium. For those who desire the ultimate in luxury living, consider the unveiling of its Presidential Penthouse – now on sale with a staggering list price of $50 million.

The stunning and luxurious Presidential Penthouse consists of over 10,000 square feet and features ceilings over 20 feet high. There’s a 362 square-foot terrace and floor-to-ceiling views of the iconic Statue of Liberty and Empire State Building, plus the Hudson River, Brooklyn Bridge and new Freedom Tower.

The Presidential Penthouse encompasses a customizable space on the top two floors of the award-winning New York city hotel. No where’s your opportunity to design a dream home overlooking all of New York City at downtown Manhattan’s most coveted address.

Prospective buyers of this luxury penthouse will truly be attracted to the unique lifestyle benefits of a world-class luxury hotel. It comes complete with five-star service and amenities, including an expertly-trained multi-lingual Trump Attaché who will personally attend to each and every of the penthouse owner’s needs and preferences.

Owners can also enjoy 24-hour in-room dining; a health club outfitted with state-of-the-art Technogym(tm) cardiovascular equipment, free weights, and kettle bells; the Library lounge; valet parking; 24-hour doorman; nanny services; full service business center; meeting rooms and function space; wireless Internet.

There is also on-site security system and staff; overnight laundry and dry cleaning; signature Trump Kids and Trump Pets programs; and a dedicated multi-lingual owner representative, part of the signature Trump Attaché program.

A full suite of these exceptional services, and many more, will be available to Presidential Penthouse buyers.

Downtown Manhattan’s most posh address, Trump SoHo is home to The Spa at Trump, designed by Ivanka Trump and featuring two levels of pampering services and New York’s only authentic luxury Turkish hammams; a 6,000 square foot alfresco pool deck and the seasonal Bar D’Eau.

For a fine dining experience, try the signature restaurant Koi SoHo, which serves patrons a contemporary Japanese cuisine in a sensual dining oasis. Relax after for a few drinks and endless socializing at The Spot – a chic nightlife lounge.

Trump SoHo named after celebrity and businessman Donald Trump, consists of 391 spacious guestrooms and suites and is the first luxury hotel in the SoHo neighborhood. This luxury property has gained the attention of international travelers and sophisticated New Yorkers alike.

If you would like more information about the Presidential Penthouse now for sale, or to book a stay at the luxury Trump SoHo hotel, please contact The Life of Luxury.

Flexjet offers whole aircraft ownership and management, fractional jet ownership, Flexjet 25 jet cards and charter brokerage services. Flexjet is now celebrating Learjet’s 50th Anniversary with their “Legends Redefined” tour in the U.S.

Flexjet’s fractional program offers a collection of Bombardier business aircraft, including the Learjet 40 XR, Learjet 45 XR, Learjet 60 XR, Challenger 300 plus Challenger 605 business jets.

Flexjet is showcasing the new Learjet 85 aircraft model at six private events during the “Legends Redefined” U.S. tour.

Deanna White is the President of Flexjet and was quoted, “Fifty years ago, the first Learjet aircraft took flight thanks to the innovative and adventurous spirit of Bill Lear, who invented the business jet category. With delivery of the Learjet 85 scheduled for next year, Flexjet is honoring his legacy by showcasing the best-in-class Learjet 85 aircraft model – the epitome of a ‘legend redefined’ – alongside other distinguished brands, representing more than 200 years of timeless luxury and design.”

Flexjet owners enjoy access to some of the most technologically advanced and youngest business jets in the industry, averaging only about six years of age.

The luxury Learjet 85 aircraft is the first business jet with both fuselage and wings built primarily of carbon composite materials. The Learjet 85 aircraft will also feature the company’s new interior design updates, re-designed seats, innovative storage solutions in addition to groundbreaking passenger interfaces.

Definitely designed for passenger comfort, the new Learjet 85 aircraft model seats eight passengers comfortably in a traditional double-club seating arrangement, with approximately 30 inches (76.2 cm) between each seat for even more room when traveling on long distance flights.

The 2013 Learjet 85 tour has completed visits to 3 U.S. cities including Menlo Park, Calif., Chicago and Columbus, Ohio. Be sure to attend the next 3 events during October – Washington, DC (October 1), New York (Oct. 7) and Houston (October 15).

Flexjet also announced they will receive 30 Learjet 85 aircraft with deliveries scheduled to begin in 2014.

If you desire to enjoy the many benefits of whole aircraft ownership and management or fractional jet ownership, please contact The Life of Luxury for more details.

There is a new brand Ambassador on the Garia team – IndyCar Champion Ryan Hunter-Reay.

Garia is the noted manufacturer of the ultimate luxury golf and leisure car. The luxury brand just announced a new partnership with Ryan Hunter-Reay.

Ryan Hunter-Reay is currently the reigning IndyCar Champion, in addition to being the most successful American now competing in the IZOD IndyCar Series. Hunter-Reay has more than three times as many wins as all the other current American drivers combined.

Ryan Hunter-Reay is dedicated to his sport and has a unique winning mentality. Garia feels is exactly what they are looking for to help promote their luxury line of golf and leisure cars.

The Garia luxury car is created in collaboration with golf professionals and is designed, engineered and built in Europe. Last year, Garia named world-famous golfer Paula Creamer as their brand ambassador.

To celebrate the new addition of Hunter-Reay, Garia built a brand new four-seater street legal LSV. It comes customized Garia Mansory accessories such as super-car inspired steering wheel. In addition, the car’s dashboard and side mirrors are handcrafted in carbon fiber.

The street legal ability of the Garia allows it to not only be driven inside the race circuit, but also taken outside and driven on public roads. Ryan plans to bring along his new personalized Garia with him on the racing tour. He’ll be able to use it as his primary transportation when not in the race car.

Ryan Hunter-Reay was quoted, “This street legal Garia is the ideal leisure car for me and my family’s active lifestyle. The quality, driving performance and braking system gives me and my family a feeling of safety, especially when we have our baby boy on board. We love the design of the Garia and its amazing carbon fiber accessories!”

Ryan’s racing achievements have been recognized as he was the recipient of the 2013 ESPY for best driver. Plus Ryan is the only driver to have earned race wins in IndyCar, CART, ChampCar, ALMS and GrandAm. Quite an accomplishment!

Garia prides itslef in their dedication and endless efforts to create the best golf car in the world. Just a few of the many luxury featured on the Garia are the built-in refrigerator, extra comfortable sport seat and impressive 12″ alloy wheels.

The Garia line of luxury golf and leisure cars are available in various models, including street legal, two- and four-seater versions as well as a roadster.

If you would like to learn more about the latest Garia car models, please contact The Life of Luxury.

Currency hedging is a method used to attempt to manage the degree of risk that may be present when making a transaction involving foreign currency exchange.

A currency hedging process is designed to allow a degree of compensation for any shifts in the relative value of the currency type being used in the deal.

A hedge aims to minimize the exposure of the holder of the money being transferred to unfavorable future shifts in the exchange rate, guaranteeing a reasonable return on the investment.

In a typical currency hedging strategy, the idea is to convert or exchange the currency while the rate of exchange is favorable, and then make the investment with the native currency of the country of origin where the investment is based.

For example, rather than paying for shares connected to a company based in Spain with Euros, the currency hedging process begins when the investor would first convert Euros into Pounds Sterling, then use Sterling to make the share purchase.

In order to protect from possible changes in the rate of exchange, the investor would normally agree to sell the shares after a given time period. The rate at which the shares would be sold may be slightly below the exchange rate between the pound and the Euro that was in effect around the time that the shares were purchased.

This creates a situation where the investor is in a position to make a substantial profit if the Euro strengthens against the Pound in the intervening period. On the contrary, if the Euro weakens against the Pound over this time period, the loss is minimized by the contract to sell the shares, thus preventing an overall loss for the investor. Overall, the mechanism offers the investor a degree of protection against fluctuating currency exchange rates.

The above example illustrates just one kind of foreign exchange, currency hedging strategy involving share purchases. Another common use of a hedging mechanism is the offer of ‘forward contracts’ in the exchange of foreign currencies.

A ‘forward contract’ serves to remove the uncertainty of changing exchange rates, by fixing the exchange price for a delivery of currency at a specified future date. This service is widely used by Foreign Exchange brokers to offer businesses and individuals future revenue protection.

Although it is probably the best way to insulate future payments from the unknowns of currency exchange variance, there are some potential pitfalls to be considered when it comes to ‘forward contracts’.

As the future exchange price is locked-in and the amount is fixed, if exchange rates suddenly markedly improve, a client cannot capitalise on this – this is the price paid for guaranteeing a transfer at a set rate, but you can’t have it both ways!

In addition, the further into the future that the deal is set, the less competitive a rate is offered. Typically the market is most used for short-term periods such as 3 to 6 months, as beyond this time lender’s rates become less and less competitive – with more future variables affecting pricing.

Foreign currency brokers will typically offer ‘forward contracts’ for up to a year, but the change that may take place in exchange rates over this time, and the resultant pricing, begin to diminish the attractiveness of this option unless it is vitally necessary.

Whether it’s inefficiencies, theft or just plain management incompetence, professional firms (e.g. Architectural, Engineering & Environmental) are often bleeding lost money and many have no idea it’s even happening.

June Jewell is a CPA and owner of Acuity Business Solutions. She has 28 years of business management consulting experience and has seen many cases of companies losing money and not even aware of the problem.

She after extensive research, June states that the architectural, engineering and environmental firms she works for as a consultant, easily lose $100,000 each year through inefficient and ineffective practices. It’s money just being flushed down the toilet.

Jewell was quoted, “Of course, sometimes the waste is much, much more – and this goes for larger and smaller businesses. The problems are usually so fundamental to a business that they will never see why and how they’re bleeding money; they’re too close.”

June Jewell is also the author of a book titled “Find the Lost Dollars: 6 Steps to Increase Profits in Architecture, Engineering, and Environmental Firms.”

Her book details various step that professional firms can do to locate lost money. There are several nooks and crannies in which firms are apt to lack efficiency and that means lost money.

In this post-recession economy, Jewell says, it’s vital for firms to tune up their business management practices in order to thrive.

Below Jewell provides reviews covering three key areas where most firms can identify potential issues and turn unnecessary losses to gains:

• Company culture: While the culture may vary somewhat from one firm to another, architectural, engineering and environmental firms share some of the same characteristics. One is that their founders tend to go into business because they’re creative people who love what they do — not because they’re business people. So they don’t focus on profits, and they tend to be casual managers with regard to employees’ time. Shifting the culture to a focus of being profitable is not only necessary for sustaining the business; it allows creative people to do more of what they love.

• Ineffective practices: Of course, there are many moving parts in an A&E firm, which means there are many potential areas for improvement. That includes customer service, time management, marketing, strategic planning, accurate budgets and estimates, and the cost of lost opportunities. Failure to create an accurate, meticulous job estimate, for instance, can have multiple consequences, from having disappointed clients to jeopardize projects to losing money because time, materials and other costs were not accurately forecast.

• Systems & IT: This is the third way to improve business management and increase profits. Technology is able to help companies leverage their resources more effectively, yet many of them are still using outdated software and non-integrated systems. By looking at systems as a strategic investment that can help them to be more competitive, they can realize a great return on investment (ROI) from their projects. While the transition from old to new software has its cost in time and work, the efficiency gained in future work production is worth it.

If your professional firm is a potential target for lost money, don’t delay and get expert help.

June Jewell concludes, “I’ve worked with hundreds of A&E firms in my 28 years of consulting, and I see these shared problems so often, I offer what I call – the $100K Challenge – That’s a guarantee that I can work with any business that’s doing a few million dollars a year in business and find $100,000 they’re losing in profits.”

If your firm requires professional consulting help, please contact The Life of Luxury using the below form.