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Business finance: The ultimate guide for non-finance people

BMT Office Administration

Or were you recently promoted to a financial role in your organization? 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. Are you eager to launch a startup or new business?

Finance 264
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How to Spot Employee Theft and What You Can Do About It

Insperity

One of the biggest mistakes small business owners make is putting one person in charge of the finances. The person paying the bills should never reconcile the bank statement. Custody of related assets – The person who reconciles the bank statement or credits/edits the invoice. Promoting an honest work environment.

Supplies 189
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How to Know If You’re Financially Ready to Start a Business

Success

Marketing and sales strategy: How will you get in front of your target audience and promote your offering? If you have a preexisting relationship with a bank, start there. Your current bank will already know your creditworthiness. Do I have a good handle on my personal finances? What are their responsibilities?

Banking 137
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How to Deal With Success Guilt

Success

Sometimes, though, we have guilt for something we haven’t done or things that should be positives in our lives, like earning more money or getting a promotion. But understand that success isn’t just about the amount in your bank account, and there are many different ways to be successful. Don’t equate your self-worth to dollar figures.

Banking 132
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Words to my daughter this Women’s History Month

Work Life

In 1991, I graduated from the University of Delaware and accepted my first role in the banking industry. And according to McKinsey, only 52 women receive promotions in the tech industry for every 100 men. In some ways, the workplace she’s stepping into looks nothing like the one I encountered in 1991. of the workforce.

Banking 105
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Can employee ownership improve capitalism?

Work Life

One set of systems stacked against employee share ownership has been the small and closely held business support systems—banks, accountants, lawyers, and advisors that serve closely held businesses. But confounding factors can make financing the deal a challenge.

Finance 98
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The surprising truth about the gifts nonprofits value most

Work Life

This promotional video was immensely valuable in raising awareness for our organization and helped put us on a broader national stage,” says Maya. By “passion projects,” Maya is referring to projects capitalizing on company employees’ expertise. These leaders can be effective nonprofit board members.

Finance 97