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Business finance: The ultimate guide for non-finance people

BMT Office Administration

Either way, you’ll need to master the basics of business finance if you want to find success. Even employees not working directly in finance generally need a basic understanding of it to succeed. Nothing exists in a bubble, and business finance is no different. Why is that?

Finance 105
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How to Know If You’re Financially Ready to Start a Business

Success

To get all your ducks in a row and ensure you’re ready to jump into creating a new company, you need to craft a robust business plan that accounts for the myriad financial considerations of setting up a business. Market analysis: What are the current trends in your industry? Do I have a good handle on my personal finances?

Expenses 342
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Optimizing the Hybrid Work Landscape for Tasks to Do at Home

Allwork

Office presence should be for a compelling purpose that surpasses the notable expenses, in terms of time, finances, and stress associated with commuting. For those workers lacking a quiet, comfortable home office, employers should offer alternative workspaces, either in company-owned offices or coworking spaces.

Expenses 162
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How to Make Sustainable Practices Make Sense for Your Business

Success

According to a Harvard Business School article , research shows that companies with high ESG (environmental, social and governance) ratings “have a lower cost of debt and equity, and that sustainability initiatives can help improve financial performance while fostering public support.”

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Tips and Resources to Scale Your Small Business

Success

Every great business starts with an idea , but actually growing that idea into a viable company has its challenges —such as getting the financial support you need. I saved up six months’ of expenses and built up a pipeline of clients before quitting my full-time job ,” Shinholser says.

Finance 290
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How To Hire And Manage Freelancers, According To Experts

Allwork

The company hired four agencies and five consultants in its first two years. Some of the top companies in America plan to assign an increasing number of projects to freelance workers. But ultimately, every company will hire freelancers or lose their edge, predicts interim Cameo CMO Greg Caplan. They’re a flexible expense.

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Two in five people are working extra hours as cost-of-living crisis bites

Workplace Insight

Faced with declining real incomes and mounting expenses, almost half (46 percent) of respondents have taken on additional hours at work, one in five (19 percent) now has a second job for extra income, and one in three (34 percent) has been actively job hunting for a higher salaried role.