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Business finance: The ultimate guide for non-finance people

BMT Office Administration

In particular, traditional business financing options like bank loans have been declining since 2020 — where they fell 6% from 2019 (43% to 37%, respectively). That trend continued in 2021, with only 34% of small businesses applying for bank loans. These types of business expenses are often tax deductible, which is a bonus.

Finance 264
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Business Travel Is Back: How to Maximize Your Miles

Success

Our business is just like real estate, except the stuff we’re selling moves all over the world,” he says. Like any business owner, one of Neff’s focuses is keeping his business costs down , and when it comes to travel, one way he’s found to do that is with a good travel rewards card. 2 Consider your spending.

Supplies 128
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SWOT Analysis Marketing: A Guide to Unleashing Your Business Potential

Success

Whether you are a small business entrepreneur or an executive for a major corporation, your success depends on an effective marketing strategy. SWOT analysis for marketing is different from SWOT analysis for business planning because of a narrower scope. Why is a SWOT analysis important for marketing?

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Workplace and property firms must wake up to the new era of networked businesses

Workplace Insight

Vertical drop The ‘firm’ reached its apotheosis in the early-twentieth century with the US ‘corporation’ The American economy vertically integrated, creating vast, complex companies that controlled supply chains from production to sales. It evolved from a “society of island communities into a homogenous national community”.

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10 Steps for How To Start a Coworking Space

Launch Work Places

Heres what you need to know about how to start a coworking space and take advantage of the changing face of commercial real estate. Small businesses and teams that need access to meeting rooms. young solopreneurs or established small businesses. 10 Steps to Starting a Coworking Space 1.

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Should you go solo? 4 things for attorneys to consider

Ruby

Meanwhile, real estate prices are wonky, which affects rent prices. To fund your enterprise, you’ll likely want to secure a small business loan. Timing is everything, as they say…and they say that for good reason! The economy has been shaky in recent years.

Legal 52
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What is a virtual office?

Ruby

Pros: more flexibility for the business greater freedom for workers improved workforce productivity and retention significantly lower overhead costs (e.g. This is a good time to think about your small business continuity plan and what that will look like once your virtual office is up and running.