article thumbnail

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
article thumbnail

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

Allwork

Risk assessment and management is key to any strong disaster mitigation strategy. A number of these disruptions occur as natural phenomena and are often referred to as “Acts of God” in the legal field. All companies should have a business continuity plan in place to protect themselves from unforeseen challenges.

Legal 292
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Rigid return to office mandates and fixed places of work are backfiring

Workplace Insight

Compared to those without a choice, employees with control over their work environment are three times more likely to want to stay with their company, and significantly less likely to become disengaged – a trend that has been referred to as “quiet quitting.” Onsite employees value strong manager relationships but risk burnout.

2021 102
article thumbnail

5 Long-Term Financial Goals and How to Achieve Them

Success

These goals provide motivation, direction and discipline when managing your finances. Try using the debt avalanche method to help you manage your debt and get out of it for good. Long-term financial goals are your money objectives that will take more than a few years to achieve.

Goals 234
article thumbnail

5 Cash Flow Management Mistakes to Avoid at All Costs

Small Business CEO

Cash flow refers to the inflow and outflow of cash, which is needed for a business to run effectively. For any business, managing cash flow is extremely important. While sales, production, and other areas are important for a business, financial management is crucial. Cash flow management mistakes to avoid.

article thumbnail

Joshua Jahani – Managing director of Jahani and Associates | Maximizing Your Financial Potential in the Future of Work

Allwork

Guest Episode Video Transcript Joshua Jahani Managing Director of Jahani and Associates We are delighted to introduce Joshua Jahani. Known for his sagacious financial strategies, Joshua is a lecturer at Cornell University and the managing director at Jahani and Associates. I think you’re also referring to stock markets.

article thumbnail

Workplace Stress Is Crushing Young Employees

Allwork

In 2022, a Bain and Company survey revealed that 61% of employees under thirty-five were most concerned about their job security and finances (compared to 41% over thirty-five). This would help to break down barriers between management and younger employees who may not feel valued. to 2 times an employee’s annual salary.

Stress 246