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Business finance: The ultimate guide for non-finance people

BMT Office Administration

That trend continued in 2021, with only 34% of small businesses applying for bank loans. Equity refers to the total value of a company’s assets minus the cost of its debts. Due to these costs, it’s sometimes necessary for businesses to go into debt to achieve the cash flow they need to survive. Why is that? What is a ROB?

Finance 105
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

1099 workers also are not generally paid through regular payroll and do not typically have taxes withheld from their checks or deposits. If you are paying someone through your normal employee payroll process with income tax withholdings, you typically need to send them a W-2. Booth copies must be sent out by January 31. Control number.

Payroll 52