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Business finance: The ultimate guide for non-finance people

BMT Office Administration

Or were you recently promoted to a financial role in your organization? 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. Why is that?

Finance 105
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How To Hire And Manage Freelancers, According To Experts

Allwork

You can’t get the best out of freelancers until you’ve honed your management processes. And the key to good management — freelance or otherwise — is communication. Clear communication up front, and continuing conversation through regular check-ins and transparent project management helps streamline workflows and prevent confusion.

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Why (and How) to Help Your Team Self-Manage in the Future of Work

Success

Unfortunately, hierarchies and centralization prevent companies from evolving and responding as fast as they need to. A 2020 study of 28 companies revealed that 100% of organizations with decentralized management structures experienced positive market-cap growth, while only 33% of companies with traditional structures could say the same.

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Rigid Return-to-Office Mandates Harm Retention and Productivity, Research Shows

Allwork

Employees with flexible work options were found to be three times more likely to want to stay with their organization and significantly more likely to “report giving extra effort on the job.” Moreover, these employees reported better relationships with their managers and healthier work environments both psychologically and emotionally.

Policies 202
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A Single Disaster Kills 40% Of Businesses — Stop Putting Off Contingency Planning

Allwork

All companies should have a business continuity plan in place to protect themselves from unforeseen challenges. Risk assessment and management is key to any strong disaster mitigation strategy. This allows organizations to focus on the most pressing threats. Identifying risk is just the first major step.

Legal 292
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Looking to Excel in Your Career? Business Coach Melanie Towey Recommends Starting with Self-Investment

Success

This is what she asks of the women in her Denver-based networking happy hour group UNSUBSCRIBE, and it’s what she asks of the leadership teams she helps become more functional and cohesive through the work she does in her own company. When the company began building its first gallery nine months later, Towey asked for the management track.

2024 259
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Boost Your Financial Know-How: Mastering Effective Strategies in the Future of Work

Allwork

Understanding the financial landscape is a significant step that could dictate the future course, sustainability, and profitability of an organization. Jahani’s unique amalgamation of finance and technology draws an exciting blueprint for the future of work.

Finance 246