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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?

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Rapid Work Style Shifts Are Tanking Tax Revenues — Can City Planners Catch Up?

Allwork

City leaders must work quickly to keep up with the shift to remote work and the ripple effect it has on urban areas. We find a 45% decline in office values in 2020 and 39% in the longer-run, the latter representing a $453 billion value destruction. The post Rapid Work Style Shifts Are Tanking Tax Revenues — Can City Planners Catch Up?

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How Remote Working Is Impacting Office Valuations Across Big Cities

Allwork

A working paper from NYU and Columbia University researchers shows that the value of New York City’s office buildings fell by one-third during 2020. . Using data from commercial real estate database CompStak, Van Nieuwerburgh and the other researchers were able to determine that lease revenues fell 8% from January 2020 to December 2021.

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This Firms Claim They’ve Mastered The Four-day Work Week

Allwork

Edinburgh-based food and drink marketing agency Lux decided to test a four-day working week back in January 2020. . To keep up with client workloads, Lux implemented an alternate shift pattern with some employees working Monday to Thursday, while others worked Tuesday to Friday. . s annual carbon footprint by 127 metric tons. .

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Revlon Has Filed For Chapter 11 Bankruptcy

Allwork

In addition to its inability to keep up with other emerging beauty brands, the company also saw its sales tumble by 21% during 2020. If its filing is approved, Revlon anticipates receiving $575 million in financing from current lenders that will help keep it afloat. .

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How To Hire And Manage Freelancers, According To Experts

Allwork

Clear communication up front, and continuing conversation through regular check-ins and transparent project management helps streamline workflows and prevent confusion. In 2020, more than a third of Americans freelanced — up 22% from 2019, CNBC reports. And the key to good management — freelance or otherwise — is communication.

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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. To start, financial literacy appears to set kids up for a lifetime of better financial circumstances. Parents can set up allowances and give their kids a prepaid debit card.

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