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Business finance: The ultimate guide for non-finance people

BMT Office Administration

JUNE 26, 2023

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. Primarily, if your business venture fails, you’ll lose your entire retirement fund/401k.

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

BMT Office Administration

NOVEMBER 16, 2022

While individuals have until April 18, 2023, to file their personal income taxes, businesses have to start thinking about tax requirements a bit sooner. 1099 workers also are not generally paid through regular payroll and do not typically have taxes withheld from their checks or deposits. Booth copies must be sent out by January 31.

Payroll 52
Payroll Forms Filing Expenses 52
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