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Business finance: The ultimate guide for non-finance people

BMT Office Administration

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 For instance, the fiscal year is often the period used to measure revenue, profit, expenses, debts, and more.

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

BMT Office Administration

However, there is sometimes some confusion on which to send — and you don’t want to get it wrong. Does the business provide all necessary tools or equipment or does the worker provide their own tools? It can also help to look at whether the worker is reimbursed for expenses incurred while completing the work.

Payroll 52
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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

Maintaining payroll compliance is a must for accounting departments, but it’s often easier said than done. That’s especially true whenever new changes come about, and 2023 was a year rife with new payroll regulations, trends, and initiatives. From the implementation of SECURE 2.0 From the implementation of SECURE 2.0

Payroll 52
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Control Expenses – Automate Process Through Workflow Software

Small Business CEO

How many of you find that new employees don’t get equipment or security access on time, are missing their name plate or aren’t set up in payroll? Companies are notoriously lax with terminations in making sure physical and system access has been removed, equipment returned and HR exit interview is completed.

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

Tips From T. Marie

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. Some positions do require in office personnel, but it’s possible that some don’t.

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Small Business Bootstrapping Techniques | THE SMALL BUSINESS BLOG

The Small Business Blog

Bootstrappers don’t waste their money – they make money. Bootstrappers don’t waste time with long business plans they start their small business immediately. Bootstarppers don’t follow the herd , they use unconventional thinking to move forward and succeed. You want a little more. You want the whole tree."

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