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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? Why is that?

Finance 264
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Tips and Resources to Scale Your Small Business

Success

“Every business has different startup costs, but they all have one thing in common: having a financial cushion,” says Bob Marshall, the business growth and strategy executive for the Small Business Development Group at Wells Fargo Bank. You need to know what your costs will be and whether your business is scalable.”

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

Insperity

You can feel confident leaving your business in their hands, knowing they’re working for the good of the company. Employee theft is on the rise – it runs the gamut from stealing office supplies and padding time to committing fraud. One of the biggest mistakes small business owners make is putting one person in charge of the finances.

Supplies 189
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Shortage of high-quality data threatens the AI ‘boom’

Workplace Insight

The paper argues that this poses significant risks to both adoption and deployment, as inadequate data governance can lead to biases and unethical practices, undermining the trust and reliability of AI applications in critical areas such as healthcare, finance, and public services.

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Business Travel Is Back: How to Maximize Your Miles

Success

With companies dealing with lingering COVID-related uncertainty , supply chain shortages and inflation, those business owners who do decide to travel will be focused on stretching their travel budgets as far as possible. Card issuers are competing aggressively for new cardholders, both consumers and business owners.

Supplies 128
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Climate Protection Could Soon Be Part of Your Employee Benefits Package

Success

“As a CEO, I hold the belief that climate protection is not merely an environmental concern, but it also has significant implications for our business,” notes Jon Morgan , co-founder and chief editor of Venture Smarter , a consulting firm that specializes in helping startups and small businesses scale and grow.

Insurance 105
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How to Survive a Recession, According to a 91-Year-Old Business

Success

Speculation of another impending recession battered the confidence of small-business owners, as indicated by monthly surveys conducted by the National Federation of Independent Business. Time and again, keeping the focus on profitability has been crucial to helping small businesses survive a recession.