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Coworking History

May 11, 2023May 11, 2023 - by Abigail Martinez

Today, co-working may seem to be a common format of work. Co-working is a popular choice for many people who freelance, run startups or work from home. It allows them to save money and have more flexibility. Co-working is a fairly common business practice, but the beginning of the process and how it began may be something you’ve never heard of.

Brad Neuberg, a San Francisco software engineer, was the one who started a collective workspace in San Francisco. In 2005, he opened his first coworking space. Since then, the nature of coworking is very different.

Before coworking

Neuberg was motivated to create a co-working area after reading about C Base, one of the very first hacker spaces in Berlin that was created in 1995. Hacker spaces have been credited as a catalyst for co-working locations. The community aspect and space area are what sparked the idea.

Neuberg faced some financial issues in 2005. He wanted to find a way to combine freedom and independence with working in a community. Neuberg worked with a coach to develop a plan that included a sense of community, structure and cohesion.

He created his first workspace with a feminist group called spiral Muse. Elana Auerbach, the founder of spiral Muse, agreed to rent Neuberg’s space at $300 per month for two hours twice a week. Neuberg rented space for the first few months in the San Francisco area coworking space, which was manned by his father. Soon, Neuberg would pick up coworkers such as Ray Baxter, a startup developer. The organization eventually moved to the Hat Factory, which became the first co-working area in the world.

Co-working spaces are an evolution of the model we have today. As demand increases, we will likely see co-working continue to evolve.

This post was written by …

Business Finance

Mastering Listed Options: Essential Techniques for Experienced Traders

April 4, 2023April 4, 2023 - by Abigail Martinez

Listed options trading is a popular strategy across many countries, including the UK. It offers traders a range of benefits, such as increased capital efficiency and flexibility for portfolio management. Experienced traders should know several techniques to increase their potential profits when trading listed options in the UK; each has advantages and disadvantages. This article will discuss essential techniques experienced traders should consider mastering to effectively trade listed options in the UK.

Bull call spreads

Bull call spreads are a favoured strategy traders use when trading listed options in the UK. It involves buying an at-the-money call option and simultaneously selling another out-of-the-money call option. The trader will benefit if the market is slightly bullish, as the higher-priced option’s value decreases more slowly than the lower-priced one’s value increases, resulting in a net profit. However, this technique becomes less profitable as markets become increasingly bullish, as the higher-priced option’s value decreases faster than that of the lower-priced ones. It is essential to carefully evaluate market trends before attempting this strategy.

Put ratio back spread

It is a less common but equally effective technique for experienced traders looking to trade listed options in the UK. It involves buying multiple put options and selling fewer call options, all with the same expiration date. This strategy is profitable when markets are bearish as long as the underlying stock does not fall too fast or too slow. However, potential losses increase rapidly if the market moves quickly against this position. As such, it is essential to carefully evaluate current trends before considering this strategy. Furthermore, traders must consider the option’s cost before entering this trade.

Bear spread

This approach is similar to bull call spreads but instead involves buying an at-the-money put option and simultaneously selling another out-of-the-money put option. It can be used …

Online Jobs

A Guide to Treasury Jobs

February 8, 2023February 8, 2023 - by Abigail Martinez

With regard to UK corporations, The Treasury Recruitment Company is the premier recruitment firm for financial roles and treasurers. Our customer base includes businesses from all fields, with know-how in every economic corner –comprising FTSE 100 companies in addition to smaller enterprises.

Being the group treasurer, and part of senior management personnel, it is your responsibility to ensure that business financials are in tip-top shape and straighten out any financial problems before they escalate to a real issue later on. You will require skills such as budgeting for future costs in addition to presenting suggestions on ways to better strategy or decrease risk levels with finance directors.

The Treasury Recruitment Company has been assisting in moulding successful professions and supporting firms to create better enterprises for several years. Founded in 2002, we have an exemplary track record when it comes to working alongside customers to provide bespoke solutions.

Some of the treasury roles we recruit for include:

Treasury manager

Group treasurer

Treasury analyst

Treasury accountant

Assistant treasurer

Risk analyst

And so on!

Typical treasury tasks

Treasurers oversee the financial risks and commitments of a company. General functions include controlling cash flow, managing investments, and assessing market environments. They can also give recommendations on financial risks and implications that could possibly impact other departments like tax. A treasurer can also be tasked with managing a team of junior personnel, thus there may be team management duties involved.

It is also integral for the treasurer to form an advanced system for checking cash flow and making sure that all the activities undertaken by the team are in compliance with business policies.

Key treasury skills

Treasury managers must be capable of delivering presentations to the board of directors and other pertinent stakeholders of the company. They will have to work together …

Industry In Economics

Research Insights On How Your Confectionery Company Can Meet Its Sustainable Packaging Goals In 2023

January 19, 2023 - by Abigail Martinez

Sustainability matters a lot to consumers of brands globally, so much so that it is one of the aspects that they consider when choosing a brand. Data gleaned from our 2021 research on the packaging of confectionaries shows that this trend continues to balloon each year. In our latest Webinar, which is available to watch and/or download, we explore how confectionery brands can best communicate their stand on sustainability to consumers through packaging. Further in the webinar, our experts share data and insights as well as recommendations on how to best promote and articulate sustainability through packaging.

As it is, customers are looking for brands that understand as well as cater for their needs. To better understand brands, consumers are taking a more in-depth look at the packaging on their desired products. Research shows that around 19% of consumers are willing to pay much more for a product and even change loyalty from another brand if they think that they are acquiring a more environmentally friendly product.

Since the start of the pandemic, the purchase behaviours of consumers have changed dramatically. In European countries particularly Germany, France, and Spain, more customers are focusing on acquiring sustainable products. This means that more and more customers are looking for products that have been healthily and hygienically packed. Further customers also want brands and product retailers to use and promote the use of sustainable packaging solutions.

Despite many customers in countries such as Spain and Germany saying that they are looking for more ways to save money when shopping, between 24% and 26% of these consumers also say that they are still open to the idea of forking out more cash if they think that they are purchasing a product that is packed in an environmentally friendly way. This just goes on to …

Business Plan

What is Debt Consolidation, and How Does It Work?

January 19, 2023January 19, 2023 - by Abigail Martinez

Debt list elimination is just one of the benefits of debt consolidation. Find out here, at priority plus financial, how and why it works for you.

Having a debt to a limit across multiple credit cards or departments and accumulating debt from other services such as cell phones, medical bills, or different types of debt can easily distract you from meeting your minimum payments individually.

Debt consolidation consists of obtaining loans to pay off other loans and/or credit, for example, credit cards. With point breaf financial debt consolidation, you can pay off multiple debts in one monthly payment, which is just one solution to reduce your debt.

Supposing your payment capacity allows you to make minimum payments, and you will need more than that to get you out of trouble because a large part of what you pay will be going towards paying interest.

The main goal is to get a loan with lower interest and monthly payments without risking your assets. Debt consolidation loans are helpful for people with high-interest rates on their debts and who find it difficult to pay their bills every month.

The main advantages of debt consolidation are:

You only have one debt.

You owe four different things: a car loan, money on two credit cards, and a department store card. You need to track each of these debts and pay four bills each month.

With debt consolidation, you will free yourself from delayed payments with the help of credit, where your four debts will be combined into one. This way, you only have to pay one bill each month, making it easier to plan and budget your expenses.

Reduction of the average interest rate on the total amount

With four different debts, the highest interest rate can be up to 18%, and the …