Can Slots Be Focused On By A Long Island CPA?

By Robbie Sutter


Slot machines are, admittedly, not the first devices I would think of when talking about the work that a Long Island CPA is responsible for. After all, these machines are typically utilized for leisurely purposes and no one in their right mind will depend on one for financial stability. That being said, is it possible that they can prove useful for the sake of business in the long term? It seems like this is the case, at least for one idea that is about to come to the surface.

The Washington Post published an article in regards to a system that can help a number of small businesses. Going by the name of "Volt Fund," it's a program that deserves the attention of any Long Island CPA because of how it can take a share of proceeds from any slot machine and apply them to smaller companies owned by minorities and women. To say that this has potential would be an understatement. Companies like CFO Consulting Services should take note of this story and its developments.

If you want to know, a couple of areas in Maryland have seen success because of this system put into place. For example, did you know that Anne Arundel County has been able to receive commercial loans as of late? The article spoke about this, as well as the amount of profit that Volt Fund has been able to bring to the surface. It was an idea that was started back in 2007 but only during 2012 did the program have enough money for it to prove to be feasible on a greater scale.

I think that this system should also be noted because of how slot machines are not exactly clear with where their funds are headed to. The question may be asked: where exactly does the money that goes in get transported to? Now that those in Maryland understand that this system has put in place, we will be able to see the amount of money transported, at least to some expect. This alone makes Volt Fund enough of a tremendous idea for it to gain attention across the board.

It's clear that Volt Fund is one of the less conventional ways for money to be made for the sake of helping smaller companies across the board. That being said, isn't it because of this reason alone that it deserves the attention it has attained? Without new ideas coming to the surface, how is progression supposed to happen? Volt Fund has a unique premise and I feel as though it can prove to be even more useful with time, provided it has the support in order to do so.




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