If you think your MBA courses will teach you everything you need to know about business, think again. Here are just six business secrets that will give you an insider’s knowledge of the field. 1. Follow Passion, Not Academics Some of the richest men in the world dropped out of college to pursue a great idea. For example, Bobby Kotick eschewed a formal education in favor of developing his software skills, and a few years later he became the CEO of the world’s biggest video game publishing company. While a degree can certainly open doors for you, it shouldn’t become...

Eleanor Roosevelt once said it takes as much energy to wish as to plan; planning is key to a successful financial future. The plan should be realistic with clear aims, a timescale and flexibility to take into account changing circumstances. You may need some help in putting a strategy together but once it is done there is a good chance of your having a better financial future as long as you continue to earn regular income and have the self-discipline to follow the plan. There are some simple principles to follow. You need to live within your means and that...

For some, office partitioning is simply about creating divisions within an office space, but there is much more to it than that. Used properly, partitioning can really work to maximise the space and, in turn, allow staff to work to the best of their abilities. Optimising the available space you have in the workplace should always be at the forefront of the mind of business owners and office managers because – in the end – it boils down to costs. Some expenditure on high-quality partitioning units can really pay for itself in a surprisingly short space of time. Maximising Space...

By Douglas Goldstein, CFP® What is the best way to plan for the uncertainty of the future? After all, so much can happen that it makes it almost impossible to create a financial plan. Even if you could quantify all the unknowns in your personal life (getting a raise, losing your job, change in family status, etc.), how can you possibly account for market volatility when creating your financial plan? The answer: use a Monte Carlo simulation. A Monte Carlo simulation tests large number of scenarios for what might happen. It calculates your odds of success based a projected end...

Some may think that only the financially gifted can afford financial services when in need of loans or other products. That only the wealthy have protections against the demise that awaits them or the requirements which may come about. This, however, is not entirely true as there are remedies for the lower-income workers who are experiencing a need for assistance, particularly now in wake of the toughening UK financial market. The Leave Behinds According to a Financial Times article, the National Institute for Economic and Social Research has shown that the disparity with UK households have risen sharply since 1980,...