Home renovations are a major task, especially if you own a big house with a complex design. A lot of deliberation must be done before the project can even begin. Right from coming up with ideas to drawing a plan on paper, you need to consider multiple factors before hiring professional contractors for the job. Further, you must avoid making the following mistakes in planning and executing the home renovation project. Miscalculating your budget Everything costs money. Whether simple repairs or a complete makeover, you must be prepared to spend your hard-earned bucks. But that doesn’t mean you can’t set a realistic budget. Typically, a home renovation is estimated to cost 10% to 15% of the home’s total value. Whatever the estimate, always keep an additional 10% to 20% buffer over the agreed amount. Experts suggest this as a general rule of thumb for calculating the final cost. Material and labor rates keep fluctuating, so you might end up underpaying or overpaying depending on the extent of the job. The bottom line is never underestimate the budget, or you may fall short of the actual costs. Neglecting the natural layout of your home Home renovation is a complex job. It involves making significant modifications to the entire space, including the living room, bedroom, and kitchen.

Buying a used car is often considered a financially sound decision for those on a budget. A used car often costs far less than its brand-new variant. However, there are several risks involved with buying a preowned car. One might end up with a bad deal. So, whether a used car is bought from a dealer or a private seller, it is always important to do enough research to know about the various things to do before signing the deal. 1. Make a list of what is required from a used car Before starting the process of looking for a car, it is important to take some time to think about what the requirements are for the car. For example, consider the number of passengers the car will normally have or the size of the car. Some people often want very specific features in their car, which can either make or break a deal. Make a list of all these features. Once this is done, it’s time to start researching the cars that fit these requirements. Check the prices that are being offered by various dealerships and private sellers. Also, make sure to compare the various available deals and offers.  This  will give a fairly good idea of what is available on the market and what one can expect from similar cars.

  Managing payroll can be a complex affair that demands a lot of effort, documentation, and tracking. The ever-changing rules and guidelines have made the modern payroll management landscape more complicated than ever. As a result, errors arise that could result in delays in payments for employees, which may hurt businesses and prove costly for owners. To manage payroll processes more effectively, take a look at some common payroll mistakes and simple ways to avoid them.  Misclassifying employees and contractors  Every business must carefully categorize its employees (as employees or independent contractors) to dock the right pay. Errors while doing this result in having to look through old payment records to make adjustments to employee pay. It could lead to dissent among the team and cost the business. Moreover, according to the Fair Labor Standards Act (FLSA), all employees must get overtime pay for any hours worked over 40 hours per week unless they are explicitly classified as exempt. Making errors here could lead to FLSA-related fines for employers. To manage this, hire reputed payroll service providers and avoid listing freelancers as employees. Only hire contractors and freelancers through leasing companies to avoid any penalties for misclassification. Making calculation errors Making errors in payroll calculations can also cost businesses money and labor.