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Business finance: The ultimate guide for non-finance people

BMT Office Administration

Businesses live and die by the quality of their financial planning and performance, as most new companies fail (21.9% In particular, traditional business financing options like bank loans have been declining since 2020 — where they fell 6% from 2019 (43% to 37%, respectively). Why is that? What are the advantages of debt financing?

Finance 264
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12 budget-friendly team bonding activities for your business

Insperity

And it should go without saying, but if someone on your team is a recovering alcoholic, don’t plan a mandatory happy hour. The key is to know your employees and plan appropriately. Schedule monthly events to celebrate office birthdays, or if you’re trying to promote a healthier work environment, plan a regular lunch gathering instead.

Food 228
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The Making a Difference Foundation Ensures People Without Housing Aren’t Without Good Meals

Success

The Making a Difference Foundation (which encompasses Eloise’s Cooking Pot Food Bank), is one of five nonprofit organizations SUCCESS magazine is spotlighting during the week of Giving Tuesday. We had a gentleman who was planning on dying by suicide. As long as there’s a pot, there’s food to eat,” Blue explains.

Banking 116
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6 ways to give employees purpose without sacrificing profits

Insperity

Other contests might reduce energy use, decrease offsite storage needs, collect canned foods, find a greener alternative for packing materials or make deliveries more efficient. You might alternate hosting a holiday toy drive, a fundraiser and an afternoon working at a local food bank, for instance.

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Confidential Professional Services Client Offices – El Paso

Office Snapshots

Occupying three floors of the newly built WestStar Bank Tower, this Confidential Professional Services Client holds a strong relationship with WestStar Bank, Gensler, and the tenants in the building. A large breakroom operates as a work lounge with a variety of seating options, and a micro-market is filled with fresh food options.

Banking 105
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3 Steps to Take Before Going Into Business for Yourself

Success

Next, you’ll need to consider your current company benefits such as health insurance and retirement plans. According to the Bureau of Labor Statistics , the average employer paid “78% of medical care premiums for single coverage plans” in 2021, which is a nice perk. Create a plan. First, what are you trying to accomplish?

Insurance 128
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Everything You Need to Know About Emergency Funds

Success

Consider the minimum amount you spend each month on non-negotiable expenses like: Housing Food Utilities Insurance (health, car, etc.) Once you know how much money should be in your emergency fund, develop a plan to make it happen. Keep your emergency fund at a bank separate from your regular checking and savings.

Banking 119