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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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3 Smart Money Moves to Make Before Starting a Business

Success

Unsurprisingly, finances are at the top of the planning list. Once you do the prep work and assess your current cash flow and resources, determine whether you can or should finance the business yourself or will need outside capital. Plan for your personal finances. So, where to start? Do your prep work.

Finance 346
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Benefits of outsourcing HR for small businesses

BMT Office Administration

Most small businesses focus on their product/service team and sales staff in the early years, but someone still needs to run payroll and handle onboarding for new hires. This includes things like payroll administration, employee benefits , HR compliance, and talent acquisition. How does HR Outsourcing work for small businesses?

Payroll 52
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How Personnel Costs Impact Your Bottom Line

Small Business CEO

Whether you are a business operating in the private sector, or a municipality, personnel costs has a huge impact on your bottom line. Roughly 70% of most municipal budgets is used for personnel expenses, such as payroll and benefits.

Payroll 80
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What does it take to be a successful office manager?

Page Personnel

They oversee many aspects of daily operations, including hiring new staff and ensuring all necessary duties are completed on time and within the office budget. He or she must oversee finances, payroll, and other administrative tasks. Low-cost training courses are available online.

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What electronic record-keeping software best fits your needs?

BMT Office Administration

These software services can be a budget-friendly option for easy file storage and document sharing, but they do also come with some limitations: Pros: Most of the top cloud-based file storage and sharing tools are fairly user-friendly and offer a minimal learning curve. Cons: Can be cost-prohibitive for smaller businesses.

Filing 98
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5 Administrative Assistant Skills That Add the Most Value

Admin Awards

Managers and executives also value assistants who know how to use accounting, payroll and HR applications. Budget perceptiveness. Proposing cost-cutting solutions to those within the company is a good way to make yourself indispensable to the organization. Ability to display grace under pressure.

Skills 40