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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). Equity refers to the total value of a company’s assets minus the cost of its debts. Primarily, if your business venture fails, you’ll lose your entire retirement fund/401k.

Finance 105
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29 Beautiful Stories That Will Restore Your Faith in Humanity

Success

In 2020, the couple opened the Sunny & Ranney Home Furnishings & Decor store in Roswell, Georgia, which helps to fund Sunshine on a Ranney Day. It’s a low-cost clinic near downtown Indianapolis, Indiana, that provides affordable therapy, equipment and facilities to patients with spinal cord and other neurological injuries.

2017 276
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The Trend Towards US Manufacturing

Small Business Labs

Reports and Resources Intuit 2020 Research Report Todays Hobbyists are Tomorrows Hobbypreneurs Homepreneurs: A Vital Economic Force Research Brief - Small Business Credit Outlook The Economic Stimulus Package: Whats in it for Growing Businesses? becoming more cost effective.   Increases in shipping costs over the next decade. 

2010 100
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Maker Faire Round-Up, From a Small Business Perspective

Small Business Labs

Reports and Resources Intuit 2020 Research Report Todays Hobbyists are Tomorrows Hobbypreneurs Homepreneurs: A Vital Economic Force Research Brief - Small Business Credit Outlook The Economic Stimulus Package: Whats in it for Growing Businesses? .  Carolyn is leading the coworking study and Steve is a member of the project team.

UPS 100
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

Does the business provide all necessary tools or equipment or does the worker provide their own tools? Previously, IRS Form 1099-MISC was the form sent to contractors, which can cause some confusion for employers, but the IRS introduced the 1099-NEC form in 2020 and now requires employers to use this form for independent contractors.

Payroll 52