With the business world undergoing total metamorphosis in the 21st century, companies have become very reliant on information in their respective industries. This information about the business environment helps managers to plan and strategize what to do so as to cope with the competition and the changes taking place. This will ensure the business to run smoothly and also ensure that the future stability of the company is assured. One of the ways to get information is by reading financial journals. These journals are periodical and provide the latest information about the market environment such as insurance and mortgages. These magazines give the trends and analysis of market behavior, competitor firms and about the future market situations. Such periodicals include; The American Banker Magazine, The Kiplinger’s Personal Finance Magazine and the National Mortgage News magazine.
The American Banker is periodical based in New York that is produced daily. It focuses on the financial services sector. It mostly concentrates on bank activities and policies. However, the magazine is not aligned to any banks in America. The journal also facilitates the hosting of financial and banking events in America like the dinner in New York where the Banker of the year awards are awarded.
The National Mortgage News magazine is a weekly periodical that entirely focuses on the mortgage industry. The Magazine discharges information about mortgages in various places in America and people who need mortgages or companies that deal in the same are the followers of this magazine.
The best of these periodicals is the Kiplinger’s magazine. It is a family owned magazine that is produced on a monthly basis. It focuses on the personal aspect of finance. It is an affordable magazine for any individuals or firms. Basing on the fact that the magazine is produced once a month, it can be supplied to the company easily when each issue is released.
This magazine’s supply to the firm will have many benefits. Since the magazine helps the readers gain ideas and knowledge on how to manage finances, the workers in the firm will gain so much from reading the periodical. The magazine is printed in a very clear language that is easily understood. There is also information about savings, retirement plans, education policies, mortgages and home ownerships, vehicle purchases, and other investment plans. This is a wide range of information that will be of good use to workers as individuals and as professionals.
The magazine will help the managers in the firm to study and understand the trends of the financial and investments markets. They will be able to gather information about how competitor firms operate and how they are run. They will also get tips on how to handle the various financial and investment problems in the industry. The human resource department will also benefit a lot from the availability of this magazine in the firm. The managers will have information on how to handle workers’ pension plans and plan on how they can save for their retirement.
The magazine will benefit the individuals in the firm who would wish to invest their finances in future. The knowledge they gain will help them plan their finances, know how to save for the future and most importantly know when to invest and in which sector.
Therefore, the management should subscribe to the Kiplinger’s Personal Finance magazine which has a wide range of financial information for the business to benefit from. The Journal will be of good use to the management, workers and everyone else in the firm. This is the magazine with in depth information about the various financial details to the public and is affordable at the same time.
Works Cited
American Banker. American Banker: 1996 consumer survey. Mexico city: Gallup, 1996.
Kiplinger's Personal Finance. Kiplinger's Retire Worry-Free: Money-Smart Ways to Build the Nest Egg You'll Need. 6, illustrated. New York: Kaplan Publishing, 2008.
Kiplinger's Personal Finance Magazine Staff, Kiplinger's Personal Finance. Kiplinger's buying and selling a home. 5. New York: Kiplinger Books, 1995.
Mason, David Lawrence. From buildings and loans to bail-outs: a history of the American savings and loan industry, 1831-1995. illustrated. London: Cambridge University Press, 2004.
