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Tag: wealth management

Economics and personal finance – Tips if lost job during COVID-19 pandemic

Economics and personal finance – Tips if lost job during COVID-19 pandemic

Career
Economics and personal finance - It may be cruel, but it is not illegal. Being fired, laid off, or just having the company close its doors during the COVID-19 pandemic is not new, and is, unfortunately, becoming more common. Everyone around seems to be in dilemma, except for those to whom the present condition is just another drain on diminishing resources and loss of dignity. Practical Steps to Dealing With the Loss of Job and Loss of Dignity First of all, with respect to economics and personal finance, stop playing the "what if" game. It's doubtful any employee could have truly predicted when the axe would fall. Stop blaming yourself and/or others. It's a waste of personal energy and time when efforts need to be conserved for the rocky road ahead. No sugar plum coating here – t...
Financial wealth management and business planning

Financial wealth management and business planning

Business
Financial wealth management - When an entrepreneur decides to start a small business, the first step is to write effective financial wealth management and business plan. If the business owner wants to attract investors or needs a loan to get started, it is essential. The plan should be comprehensive and cover all aspects. This article looks at the different aspects as well as where the future entrepreneur can get help to write a successful business plan. Strategic Planning and the Business Plan The business plans or financial wealth management is a means of strategically planning for the strengths and weaknesses of the business. It’s important that the entrepreneur have a good understanding of the business. By strategically planning, financial wealth management and taking an unbi...
Integrated wealth management: Business information, effective business management

Integrated wealth management: Business information, effective business management

Business
Integrated wealth management - Along with scientific, technology & medical and education/training information, business information delivery has been transformed by the Web. Business information consists mainly of market research reports for different industries/regions, company information including credit and financial info, economic analyses of countries and industries and news on developments of business interest. How is Business Information Used? As discussed in the article on business strategy development, strategy formulation depends heavily on gathering information about external environment, market trends, competitors, technology developments, and prospective customers and their plans. All these come under business information. Business information also includes marke...