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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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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. Although the COVID-19 pandemic disrupted employment trends, with a notable drop in the share of working prime-age women in 2020, recovery has varied by state.

2023 248
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Half Of Workers Expect To Work Past 70 As Financial Strain Intensifies

Allwork

Moreover, almost half, or 46%, said they are “extremely worried,” about essential expenses such as food, healthcare, housing, and transportation. This stark reality coincides with a rising number of employees living paycheck to paycheck this year.

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Impending Recession Or Not, Use These Professional Tips To Prepare For Financial Turbulence

Allwork

The onset of the 2020 pandemic triggered what seemed like a brief yet severe recession. Ideally, workers should aim to save 3-6 months of living expenses. This cushion can help cover essential costs in case of job loss or unexpected expenses. Have an emergency fund: Building an emergency savings fund is crucial.

Expenses 298
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Unveiling the Hidden Potentials of Remote Work Productivity

Allwork

A 2020 Stanford University study revealed that remote workers were 5% more productive than office-bound counterparts. Companies offering remote work options can also save on cost-of-living expenses by hiring talent in more affordable regions, both domestically and internationally. By spring 2022, this figure rose to 9%.

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How to Avoid Debt for Your Small Business in 2020

Small Business CEO

Review Your Expenses. One of the best ways to avoid debt in your small business is by cutting some of your expenses.… … The post How to Avoid Debt for Your Small Business in 2020 appeared first on SMALL BUSINESS CEO. Let’s begin!

2020 94
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Lessons From Past Recessions

Success

The most recent recession was in 2020 and only lasted a couple of months, whereas the 2008 recession lasted about 18 months. Instead of watching what the market does daily, spend some time tending to your finances so you know where you stand. As part of your financial plan, consider the following: Review your finances.