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April 2004 - Business Finance
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Event Calendar |
 The Times CremeDiary
Dates |
Serial |
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Desk-bound Diaries It's nearly six months since Janie left the
world of computers, office politics and the 9-5 routine, but still her
workplace buddy Kerry enjoys keeping her up to date with the goss. This
month, Kerry suffers at the hands of a over-enthusiastic personal trainer,
while back at base Perry finds a rather innovative solution to Amy's keyboard
problem.
Click for more...
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Dear Readers
 Welcome to the April issue of DeskDemon's online
newsletter - I hope you're getting used to seeing these dropping into
your inbox each month, and that you're finding them of value. In this
edition we're taking a look at the dark arts of business finance. Many
of you today are responsible for spending the company's budget, so we
thought it would be a good idea to offer some tips and guidance on the
best ways to go shopping with the firm's money!
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FEATURES
 Gone
are the days when you could brush away any mention of matters financial
with a light wave of the hand and an unselfconscious, "Oh, don't
talk to me about figures!" It may not be your favourite topic, but
to be taken seriously in today's workplace financial knowledge is a must-have.
Author and editor of DeskDemon's career strand, Sally
Longson, explains why |
 Nothing
in business is more important than money. Businesses exist to create value,
expressed as revenue and share price. So, if you've been put in charge
of this vital component in the operation, it is testimony to the trust
you have earned, says financial journalist John
Hancock |
 We've
all done it - bought something that really wasn't right. (Hand on heart
- whose wardrobe doesn't hold at least one expensive mistake?) But when
you're spending the firm's money, you can't afford to make costly errors.
Business journalist Sara Goodwins
outlines some expert advice to help you spruce up your purchasing skills |
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Highly skilled budgeters always seem to know how
key elements will affect their financial plans in future - but how? Do
they polish up the crystal ball, or check their horoscopes? If they're
sensible, they probably get Microsoft Excel to do it for them. Here's
howâ¦
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 Yes,
the boss wants an all-singing, all-dancing conference. Yes, she wants
to invite everyone she's ever met. But will she pay for it? No! It's your
job to wave your magic wand, and produce a show-stopper on a shoe-string.
Top PA Lee Morrissey has
been there and done that… several times. Here, she shares some insider
cost-saving tips |
 When
you were a kid you probably indulged in traditional tantrum techniques
to get your own way - screaming, foot stamping, and dropping like a dead
weight to the floor. As adults, we have to develop more subtle ways of
achieving our ends. Editor Penny Cottee
offers some tips to help you bring in that deal! |
 We
all feel pleased to negotiate a discount and save the firm some money.
But if price is the most important part of your purchasing strategy, you
may be missing hidden costs elsewhere. The Chartered Institute of Purchasing
and Supply has identified Six Rights of Purchasing to guide all those
involved in buying. And guess where 'Price' comes? At the bottom of the
list...! |
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