April 2004 - Business Finance
 
 
 
Features
Take a financial fitness test
Watching your figures?
Purchasing pointers - no more buying blunders
Are you a purchasing psychic?
A PA's view of conference budgets
Go for the win-win scenario
Purchasing tips
In the News
1000's of admin jobs under threat
Last call for top PA's!
Key admin skills highlighted in new report
IDS cleared over "Betsygate"
ON! readers win free training courses
New conference for admin professionals
How flexible are you?
Event Calendar
The Times Creme
Diary Dates
Serial
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.
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Dear ReadersSecretarial Newsletter Editor Penny Cottee
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!
According to the latest Gordon Yates "Administrative, Secretarial and Support Staff Survey", some 50% of bosses believe that an understanding of the company's business is "essential", and around 47% believe it to be "useful". Interestingly, 68% of the employees quizzed for the survey also said it was essential to be up to speed on the firm's business.

If you're serious about your career, then, you need to be serious about the organisation you work in - regardless of size, geographic location, or industry. Understanding the rudiments of business finance is essential. Sally Longson, author and editor of the Careers strand on deskdemon.com, gives you some advice that's right on the money, pointing out not only what you need to know, but how to source it.

Never shy of the nitty gritty at ON! Office Networks, we have a range of excellent articles about budgeting and purchasing skills. How to administer a budget in a small/medium sized enterprise from established financial writer John Hancock will give you a solid basis for approaching the task, while business journalist Sara Goodwins has some guidance to help you brush up your purchasing skills. The subtitle to Sara's feature could be "How not to be bamboozled by salespeople" - it's a must-read!

We're grateful this issue to Microsoft for contributing some valuable tips on using Excel 2003 to keep on top of your figures, and also to the Chartered Institute of Purchasing and Supply, who've come up with some great purchasing pointers - you may be surprised to discover that price isn't everything!

As a top PA, Lee Morrissey knows what it's like to run a budget, and in this issue she gives us an excellent insight into planning and monitoring her conference spend. Read it before your next event - you'll find it runs more smoothly! And of course, where would we be without our monthly update from Kerry, stuck in the office while Janie roams the planet - don't miss the latest instalment of our serial, the DeskBound Diaries.

I hope you find this issue a practical tool to help you work more effectively and, as usual, I'd love to hear your comments.

With best wishes

Penny Cottee

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