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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. Are you eager to launch a startup or new business?

Finance 105
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A Single Disaster Kills 40% Of Businesses — Stop Putting Off Contingency Planning

Allwork

Identifying these risks can be done by taking notes on a business’s internal and external environment, including its: operations finances employees customers and competitors A variety of tools and techniques have been established to assess risks, including SWOT analysis , risk matrices, and financial modeling.

Legal 292
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The Side Hustler’s Handbook

Success

Diane Mulcahy, author of The Gig Economy: The Complete Guide to Getting Better Work, Taking More Time Off, and Financing the Life You Want , advises writing down your worst-case scenarios and then, if they are even slightly reasonable fears, creating a plan to avoid them. An example: No one will care about my product or service.

Equipment 279
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Want to Change Career? What Does It Take?

Job Advice Blog

A career change is a radical change–for example, an executive with a finance background who buys a restaurant, or a manager at AT&T, a very well-known communications company, who shifts into managing an adult community or a nursing home. My advice is to consult someone who is equipped to guide you as you navigate this maze.

2009 100