Remove Expenses Remove Health Remove Industry Remove Retirement
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4 Ways To Financially Support Your Employees (Other Than Raises)

Allwork

Here are some actionable tips that employers can take to help their employees prepare for economic downturns and unexpected expenses. Without simply increasing wages, what course of action can employers take to prepare their employees for economic downturns and unexpected expenses?

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How to Know If You’re Financially Ready to Start a Business

Success

Market analysis: What are the current trends in your industry? Be clear on how you’ll set your business apart in your industry. After all, without cash flow and a solid financial plan that includes costs and expenses, you won’t be able to get your business off the ground. Divide your expenses into one-time (e.g.,

Expenses 342
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Lessons From Past Recessions

Success

What are my basic monthly living expenses (including food, shelter, health insurance, utilities, phone, transportation and childcare)? Am I anticipating any major life events with significant expenses attached (like a new baby or retirement)? Where can I cut back on the rest of my spending if it becomes necessary?

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16 Rich Habits

Success

Try to stash six months of living expenses in an emergency fund in case you lose your job or your business goes belly-up. Contribute as much as you can afford to a retirement plan. Their positive habits lead to opportunities such as promotions, bonuses, new business and good health. You should never lose money on your savings.

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Pauline Roussel CEO at Coworkies and Co-author of “Around The World in 250 Coworking Spaces” | Driving Collaboration: How Coworking Spaces Foster Connections in Work Communities

Allwork

Explore the impact of coworking on the real estate industry and learn about the exciting opportunities it has created for entrepreneurs and professionals alike. Pauline Roussel [00:04:07] So when we talk about hacker spaces, it was people, again, very linked to the It industry and the tech world. I can’t yet predict the future.

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3 Steps to Take Before Going Into Business for Yourself

Success

Before going into business for yourself, you should have an account set aside to save for these additional expenses. Next, you’ll need to consider your current company benefits such as health insurance and retirement plans. If that’s not an option, you’ll need to get on a health insurance plan for self-employed individuals.

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MBO Partners: A Business Platform for Independent Consultants.

Small Business Labs

  Their infrastructure service includes (from their website):  "group health benefits, retirement programs, a business and medical expense reimbursement program, billing and invoicing, and more."   MBO Partners offers group health and other benefits. 

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