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Business finance: The ultimate guide for non-finance people

BMT Office Administration

In particular, traditional business financing options like bank loans have been declining since 2020 — where they fell 6% from 2019 (43% to 37%, respectively). In fact, ROBS is currently the most popular form of business financing in 2023. Besides that, the business finance landscape has gone through many changes as of late.

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

BMT Office Administration

While individuals have until April 18, 2023, to file their personal income taxes, businesses have to start thinking about tax requirements a bit sooner. It can also help to look at whether the worker is reimbursed for expenses incurred while completing the work. It is the end of the year, and that means that tax season is approaching.

Payroll 52