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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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5 Long-Term Financial Goals and How to Achieve Them

Success

These goals provide motivation, direction and discipline when managing your finances. Save for retirement Expected time: 10-35 years Account types: Retirement plans including IRAs, 401(k)s and pensions Planning for retirement is one of the most common long-term financial goals.

Goals 259
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6 Commonly Overlooked Tax Deductions to Maximize Your Return

Success

We have so much love for taxes because we get to help filers maximize returns and learn about their finances. Office expenses and supplies Paul Miller, managing partner and CPA at Miller and Company, LLP in New York, says amidst the complexities of the tax code, this write-off is often overlooked. 223(d)(2)(D).

Expenses 221
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Want to Retain Your Team? Offer Financial Well-being Programs

Allwork

Ladder, a life insurance insurtech company, has suggested that companies would give themselves a leg up in recruiting and retention if they promoted a comprehensive financial well-being program for their employees. . For employees, finances are actually the top source of stress — even more so than health or family issues. .

Finance 284
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Is Mint the Best Budgeting App for Me?

Success

Although there are some drawbacks, the robust features that Mint offers make it a good choice for those seeking help keeping track of their finances. Mint also offers educational resources to help you learn about personal finance and various calculators to help you with your retirement planning , debt repayment timeline or savings rate.

Budget 235
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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. How would you describe your product or service offering? Do I have a good handle on my personal finances?

Expenses 342
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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. First, you need to understand what service or product you want to sell and figure out who your customers are. Small Business Administration (SBA).

Finance 283