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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. The beginner’s business finance glossary “Our P&L report shows that our revenue is now greatly exceeding our expenses, and we’re showing a considerable profit.” “In Revenue differs from profit in that revenue doesn’t include expenses.

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

BMT Office Administration

A 1099 is a form used to report non- employee compensation. It can also help to look at whether the worker is reimbursed for expenses incurred while completing the work. Some expenses may be included on independent contractor invoices, but the basic tools or programs required to complete the work are often provided by the contractor.

Payroll 52
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The Blended Role of Executive Personal Assistants

C-Suite Assistants

In 2021, that number has skyrocketed to 40 percent! In public corporations, the executive assistant is on the company payroll, and most often, the personal assistant is on a personal payroll. This role is gaining in popularity. In this case, these will be two separate people.

Payroll 74