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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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4 Smart Money Moves to Plan for Financial Security

Success

That’s because when we delay organizing our finances, it causes us to delay a lot of other things, too. But it’s really no surprise that millennials have trouble dealing with their finances. Plus, an unsurprising majority of this age group feels stressed when thinking and talking about finances. Trust me: I get it.

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Finance for Recruitment Entrepreneurs

Recruit CRM

Many new entrepreneurs who are not basically finance. professionals, struggle with the jargons used in finance and accounts. structure of finance and accounts required for a small business to start with. in Finance. Important Finance Terms/concepts. Business Financing. Structure of Business. Understanding.

Finance 52
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Lessons From Past Recessions

Success

Recessions are a natural part of the economic cycle and help to reset the economy when it grows too quickly, making it harder for regular people to purchase everyday items. Instead of watching what the market does daily, spend some time tending to your finances so you know where you stand.

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Businesses need to take real action to create a more sustainable workplace

Workplace Insight

For example, in 2022 a high street bank had its advertising campaign pulled for promoting its tree-planting scheme and net-zero plan without acknowledging that it is financing fossil fuel projects. Or, if they are changing their equipment, they could look at purchasing refurbished items themselves.

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Using Personal Loans for Business Purchases: Pros and Cons

Small Business CEO

For instance, mobile repair businesses need to be ‘mobile’ Vehicles are expensive, and it’s hard to expand such a business without purchasing more vehicles and additional staff. Not to mention, sometimes an essential piece of equipment can break down suddenly, requiring thousands, or even tens of thousands in repair funds.

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Financing for Businesses

Small Business CEO

For a company, particularly a start-up one, financing is a crucial step, essential to the survival of the business. Self-explanatory, this term means to loan a specific amount to the bank in order to finance customer accounts, inventories, purchase of equipment or other expenses related to the business.

Finance 40