When it comes to the types of systems that are used to help business, slot machines wouldn’t exactly be the first choice to come to mind. After all, these machines are the ones that are utilized for the sake of leisurely purposes, in most cases at least. However, is it possible that they can be linked to the work of any Long Island CPA, which wouldn’t have been thought of otherwise? After seeing a unique system come to the surface, I believe this to be the case.

The Washington Post put up a report that spoke about a system that could potentially help a number of small businesses in the long term. It has been given the name of „Volt Fund,“ which might be able to earn the attention of many a Long Island CPA. Basically, a portion of the proceeds from every machine will be able to be put to use in order to help companies headed by minorities and women. This is one story that, in my mind, deserves the attention of companies along the lines of CFO Consulting Services.

Maryland has seen quite a bit of success because of this system and there are a couple of examples to make note of. For one, Anne Arundel County has been able to bring in a number of commercial loans because of Volt Fund. However, what has caught my interest more than most is the way in which it has grown over the course of time. It began in2007 but what’s worthy of note is that it did not become active until 2012, when it had enough of a financial backbone to do so.

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.

To say that Volt Fund is an unconventional way for money to be raised for smaller businesses to use would be an understatement. However, I’d like to think that it’s because of this that the system has enough potential for it to be proven useful over the course of time. It goes without saying that there will always be new ideas that come to the surface, some of them more effective than others. This is all the reason for Volt Fund to exist and, hopefully, thrive.

If you’d care to employ a Long Island CPA for your monetary needs, kindly consult CFO Consulting Services.