Remove Budget Remove Cost Remove Payroll Remove Retirement
article thumbnail

The What, Who and How of Outsourcing… So You Can Let Go

Success

When Harry Hecht, an Orlando, Florida-based mentor with SCORE—originally named the Service Corps of Retired Executives—encounters business owners who are reluctant to outsource, he has them track their time. “I based virtual assistant is $10 to $20; an overseas assistant will probably cost less. Tax laws change.

Elance 289
article thumbnail

Business finance: The ultimate guide for non-finance people

BMT Office Administration

A fiscal year simply represents the 12-month period that a business uses for its accounting, taxes, and budgeting purposes. 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.

Finance 105
article thumbnail

Should City Governments and other Businesses look to Virtual Services to Save Money?

Tips From T. Marie

It’s a rare occurrence when reading an article about a city budget makes me sad, but it happened just a few moments ago. The article discussed how the City of Hickory, NC proposed offering early retirement to 84 of their employees. But, he said, the city could use the payroll savings. especially in the current economy.