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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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More Small Businesses Turning to Online Lenders for Financing

Small Business Labs

The Federal Reserve recently released its 2019 Small Business Credit Survey.  Small businesses seeking financing were approved at higher rates by online lenders than traditional lenders.   A key finding is the use of online lending sources by small businesses is rapidly expanding.  This is up from just 19% in 2016.

Finance 216
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Women Boost Economy As Employment Rates Rise

Allwork

Strong employment rates among prime-age Americans are essential for state finances, and recent trends show a significant increase in women’s contributions to the workforce. points from 2019. As more women secure jobs, they are helping to drive economic growth and influence the financial dynamics across the country. and Colorado.

2023 248
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Brexit Left 40,000-Job Crater In London’s Financial Sector

Allwork

But he said the City of London was growing, including in fields beyond finance, with new jobs that compensated for the fallout of Brexit. Economic output in the heart of Britain’s financial sector, including banks and wealth funds, has fallen by more than 15% since late 2019, just before the UK formally left the EU.

2016 236
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Half Of Workers Expect To Work Past 70 As Financial Strain Intensifies

Allwork

Additionally, the proportion of workers who report being worse off financially than the previous year has sharply increased from 16% in 2019 to 33% in 2024. With these growing concerns about financial stability, many workers fear they won’t be able to retire comfortably.

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WeWork’s Ex-CEO Neumann Slams Post-Bankruptcy Strategy, Calling Projections “Unsustainable”

Allwork

Additionally, a group of WeWork bondholders has agreed to offer $112 million in financing. Neumann contends that these projections are inconsistent with WeWork’s past performance and lack sufficient explanation as to how such ambitious targets will be achieved.

Finance 246
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Office Property Values in Major Cities Face a Potential $800 Billion Decrease by 2030

Allwork

The study suggests that by 2030, the demand for office space in these cities will be 13% lower than it was in pre-pandemic 2019. How it’ll impact the future: The decrease in office space demand has resulted in shorter lease negotiations, posing challenges for property owners in securing financing.

2019 209