article thumbnail

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.

article thumbnail

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Success

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. Building self-management skills in your team. When done right, people find more purpose in their work.

article thumbnail

Data Reveals a Steep 45% Decline in Venture Capital for Black Entrepreneurs

Allwork

John Roussel, Executive Director of Colorwave, emphasizes the importance of investing in diverse teams, not only from a moral standpoint, but for the potential of higher returns for investors.

2022 245
article thumbnail

7 Apps to Teach Kids About Money

Success

The days of working hard to earn a buck aren’t exactly gone, but the personal finance landscape is certainly more complicated now than it was a few decades ago. Meanwhile, only 21 states required a personal finance course for high school students in 2020, according to the Council for Economic Education. Toshl Finance.

Verizon 264
article thumbnail

Unveiling the Hidden Potentials of Remote Work Productivity

Allwork

A 2020 Stanford University study revealed that remote workers were 5% more productive than office-bound counterparts. The National Bureau of Economic Research (NBER) highlighted a significant increase in productivity for remote work-heavy sectors like IT and finance. By spring 2022, this figure rose to 9%. between 2010 and 2019 to 3.3%

article thumbnail

Is WeWork Going Bust?

Allwork

To illustrate this, consider Hertz, the car rental company that went into Chapter 11 bankruptcy in May 2020. billion under the new management, but the cash outflow will still be around $1.4 In the era of easy money, that cashflow deficit could have been financed by issuing more equity. 3 to $1.71 Net income in 2021 was -$4.8

2021 325