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Business finance: The ultimate guide for non-finance people

BMT Office Administration

That’s why I’ve put together this beginner’s guide to business finance, so read on to learn the fundamentals of financing a business. 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 The good news?

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

BMT Office Administration

If you’re not quite sure about the differences between a 1099 and a W-2, keep reading to learn which form to send and how to fill out and file them. It can also help to look at whether the worker is reimbursed for expenses incurred while completing the work. What is a W-2? Employers also have to send a copy of the W-2 to the employee.

Payroll 52
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Should City Governments and other Businesses look to Virtual Services to Save Money?

Tips From T. Marie

The article discussed how the City of Hickory, NC proposed offering early retirement to 84 of their employees. Reading the details of what would be offered in exchange for taking the early retirement deal didn’t really strike me as a wonderful option for those 84 people., But, he said, the city could use the payroll savings.