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Collecting and processing expenses is not fun. In fact, I’ll go further as to say processing expenses can be an absolute time zapper for Assistants. There I’ve said it – call me controversial if you like but I stand by my statement! So what can we do to make this tiresome task less of a […].
In a typical year, Jared Neff, owner of Neff Yacht Sales in Fort Lauderdale, Florida, travels for work a few times a month. Last year, COVID-related international travel bans kept Neff mostly grounded. He took three round-trip domestic flights the entire year and didn’t travel internationally at all. 1 Business or personal?
As video conferencing tools become the norm in business operations, business travel becomes increasingly irrelevant. . This notion is supported by Google recently informing workers that it is advising managers to only approve “business critical” trips according to an internal memo. .
It’s no surprise that the cost of travel is rising. A report from travel insurance provider Squaremouth found that travelers planned to spend nearly $10,000 on average for their 2024 summer travels. A love of travel motivated HomeExchange super-users Jean and Michael to join the program. “We
Empower is a financial management platform that’s free and simple to use. These tools help you stick to your budget, manage investments and achieve your financial goals. These tools help you stick to your budget, manage investments and achieve your financial goals. What Are The Key Features Of Empower’s Budget App?
With the cost of fuel, rail and air travel increasing each year, managing employee travelexpenses is a key area of concern for many businesses. Smaller companies, with lower travel budgets and fewer resources, often find the process particularly difficult to bring under control.
Embracing a lifestyle defined by flexibility and adventure, digital nomads have redefined the traditional notions of work and travel. In 2014, we decided to ditch our jobs and bought a trailer to spend a year traveling and rock climbing—camping at the crag and moving to new spots as the seasons change, following the good weather.
We first reported on bleisure travel , which is the the blending of business and leisure travel, back in 2015. A According to the folks at the expense reporting and management firm, SAP Concur, it continues to gain popularity. Key quote from their blog post Do You Bleisure?
Managingtravel can be a headache. You might still be writing long emails back and forth to your travel agent, wasting time searching for the best deals yourself, or having to wait for your travellers to send you the booking options they want. Every time they travel! And expenses—what a nightmare.
But he realizes most face a learning curve, and he suggests nomads should be ready to make sacrifices, since they’re the ones choosing to travel across different time zones. But in-person collaboration is still important: Will your company expect you to occasionally visit the office, and will they pay for travel?
With today’s competitive talent market and the summer travel season fast approaching, many companies are leaning into more creative benefits around time off, such as helping cover the cost of employees’ travelexpenses. . They also receive discounts on retail and travel packages purchased through the site. .
They are what’s known as “liveaboards,” a breed of digital nomad on the water, with Sophie managing their digital brand, Ryan & Sophie Sailing , while Ryan works as a business development consultant. Before officially shoving off in 2018, Ellison and Darsy led what some might call typical lives. But it is tiring, exhausting and uncertain.
At the recent Assist Travel event we were lucky to have Tae Lee, the founder and CEO of Travo talk to our delegates about the future of business travel and the millennial traveller. In this session a true Millennial will look at how the travel industry is already gearing up for this new cohort. Increasing their expenses.
It covers the travel, dining, and wellness industries from a business perspective. The recently released their 10 Business Travel Trends for 2020. Travelers Demand an End-to-End Experience. Bleisure Travel is the New Black. Rethinking Corporate TravelExpenses. Business Travel Culture Drives Company Success.
In the absence of travel, daily commutes and the culture of busyness, many employees were finally able to fully engage in self-reflection to determine if their job, company and path truly aligned with their overall interests. Do you want to travel more, or finally make good on your literary aspirations?
Having lots of bulky baggage is not ideal when you’re trying to travel light, so gifting experiences, digital gifts, or small items is ideal. . Digital subscriptions for learning, social media management, taxes and more are perfect choices for last-minute gifts. . Wireless travel massage pillow . Travel adaptor .
As entrepreneurs/business owners, we take great care in setting rates, creating packages and tracking the hours we and our teams put in; but are our rates really paying for our expenses? You may also consider health insurance as an expense, especially if you had to buy your own after leaving your job to work for yourself.
While traditional employees typically have taxes withheld from their paychecks by employers, freelancers and self-employed individuals manage their own tax contributions. While traditional employees typically have taxes withheld from their paychecks by employers, freelancers and self-employed individuals manage their own tax contributions.
I must admit I’ve been struggling to start writing the blog this week, I knew I would be discussing the dreaded task of processing expenses and as I’m sure you can imagine the subject hasn’t really stirred my creative juices! Do you have an expense policy in place? Try to do all of your expenses at the same time at least once a week.
Get educated now on the new rules of employee expense reimbursements! Employee Expense Reimbursements: Compliance Workshop. The legal and financial risks of mishandling employee expense reimbursements have spiked in recent years. Should you run expense reimbursements through payroll or accounts payable? View this online.
I don’t know about you but I have spent hours arranging and then rearranging travel for my Executives. It takes up a huge amount of time and can be incredibly complex especially if they are travelling to a number of destinations with connecting flights and a host of visa requirements. Which corporate travel agency should you use?
Up-to-date passports are essential for digital nomads, as many countries enforce a six-month validity rule to ensure that travelers’ passports do not expire while they are within their borders. Travel experts highly recommend travel insurance when abroad for a prolonged period to avoid potentially high medical costs.
Generally, the expenses involved in operating your business or side hustle can be tax-deductible. So you can’t just go on vacation or buy a new car and claim it as a deductible business expense. That way, you don’t have to worry about your grocery expenses getting mixed up with your office rent come tax time.
If you’ve ever had to pull out a credit card to deal with a dentist or emergency vet bill, you likely know the pain of wondering how you’ll pay for an unexpected expense. An emergency fund is a safety net of money for unexpected expenses. Or maybe you unexpectedly lost your job and finding a new one is taking longer than expected.
And the same could be said if they decide to take up an expensive hobby to fill the time they previously devoted to work. Not enjoying their leisure years Emily Rassam, CFP ® and Senior Financial Planner for Archer Investment Management, has found that many clients avoid withdrawing their retirement funds.
In a time where the majority of emphasis is placed on finding the best price, the easy route is to choose the cheapest option when booking your executive travel, especially when it comes to airport transfers, be it a group or individual. Larger companies are using this statistic to drive prices down, at the expense of the driver themselves.
Successful retreats require clear goal-setting, strategic selection of attendees, suitable venue choice, engaging activities, and thorough logistical management. Are work retreats a worthwhile investment in your workforce, or merely another expense? So how should leaders decide if their team needs one or not?
It can be helpful for hiring managers just getting familiar with best practices in hiring a diverse staff to partner with a resource. Cash worked with an autistic team member who vocalized, in one such meeting, that finance management is an area in which she needs an accommodation. Here’s how they can start doing that today.
Organising business travel can take up a big chunk of our time with most assistants booking complex travel on numerous occasions throughout the year. Here are my top ten tips for travelling assistants. Remember you are still going to have to look after your manager so make sure your trip is hassle free. Just in case.
Do you dream of spontaneously traveling to a new place for a few months? Reaching financial independence and early retirement is usually achieved by people who are willing to go to extreme lengths to cut their expenses. If your yearly expenses are $75,000, multiply that by 25. Another popular idea is the rule of 4%.
Michael Raimondi, MFA, CFP®, a wealth manager and director of operations at Clarus Group, specializes in serving creative professionals who often take on contract work. He helps them dig into their fixed expenses and discretionary spending without judgment to identify core monthly amounts they need to live on.
The intricacies of managing your tax information, including all the nuances of making sure you filed your tax information the right way, can feel overwhelming. Firstly, it is the simplest and least expensive form of business to set up and maintain. Freelancers may be interested in a sole proprietorship for several reasons.
Most travelers anticipate holiday air travel to be fraught with minor annoyances, winter weather and a greater volume of fliers—all likely to lead to a few hours’ delay or even some cancellations. Regularly review and update the crisis management plan, and also conduct tabletop exercises to run through the process.
With Assist Travel just a few month’s away, I thought I would share everything that I have been working on behind the scenes. We really do have world-class speakers talking all thing business travel. Why should you attend Assist Travel? Well, I actually have three reasons why you should attend Assist Travel!
So, according to recent studies, the amount organizations spend on business travel is increasing year on year. This means that the amount of time assistants spends organising business travel is only going to grow. Organising business travel is changing… Are you? Bleisure Travel. Embracing Technology.
Every admin wears many hats: office manager, personal assistant, life coach, travel planner. Every time your manager is heading out of town, it’s time for you to don your travel planner hat, slip into your traveler’s shoes, and equip yourself with your suite of travel planning tools.
Some people travel to experience adventure and excitement. It’s no wonder why the latest trend in travel is sleep retreats. Hilton’s 2024 Trends Report found that the primary reason people want to travel this year is to rest and recharge. Others want to get away to relax and escape the stressors of daily life.
You still need plenty of flex time to manage whatever happens to come up each day. For example: Complete all expense reports on Tuesday mornings Work on projects Tuesday afternoons Work on all travel planning on Wednesdays Set up all web conferences on Thursdays Make all conference room reservations on Fridays.
A turbulent housing market: 2023 was the most expensive home-buying year in a decade. He recommends identifying monthly core expenses and then identifying discretionary spending. “If People working in these professions don’t receive regular paychecks but have to contend with monthly expenses.
After all, learning how to manage your finances before money mistakes happen can help you avoid easy-to-make slip-ups like dings to your credit score or an overdrawn bank account. If you just traded in your cap and gown for your first taste of real adulting, managing your finances might feel like an overwhelming task.
When you’re one half of a couple, frequent business travel can take its toll on your relationship. However, for some business travellers (and even their partners) there is a middle ground. Bleisure’ travel – as it has been dubbed by some in the travel industry – is the mixing of business trips with leisure experiences.
There are so many ways we can help them with this from managing their calendar effectively, minimising interruptions and generally keeping them on track. Assistants should conduct research on behalf of their manager. Assistants should manage the administration of documents on behalf of their manager. Business travel.
Most assistants do not get to travel on business trips with their boss unless they work for high net worth individuals or are private household assistants. Business trips can be a great way to increase your business acumen, meet colleagues and clients in different countries and see how your boss operates while they are travelling on business.
With living expenses soaring post-COVID, coupled with these questions of school, we began exploring the possibility of enrolling her in a school abroad,” Weiland says. Andi Cross is a digital nomad, growth strategist and expedition lead for Edges of Earth , a New York-based company mixing storytelling, travel and diving.
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