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Bootstrapping Doesn’t Mean Doing It All Alone

Tips From T. Marie

Rather than hiring employees with the expenses of payroll, taxes and equipment, you can create a virtual team that can take care of individual projects and tasks without those expenses. Of course, it’s going to save you money. Starting with your bootstraps often means that hiring employees is not an option.

Payroll 229
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Stay on track with this payroll compliance checklist

BMT Office Administration

Payroll compliance is no small task. Everyone knows that executing payroll accurately and on time is important, after all everyone wants to get paid for their world. However, there is also a lot more that goes into proper payroll processing including a large number of compliance functions and concerns.

Payroll 52
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Underwriting employees’ educational expenses tax-free

BMT Office Administration

You may underwrite all of the employees’ educational expenses tax-free, even if the education leads to a degree, if one of these conditions applies: The education is required by you or the law so employees can keep their present salary, status, or job. Sounds like tax-free education is expensive, doesn’t it? Time for some tax ed.

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3 Smart Money Moves to Make Before Starting a Business

Success

Of course, much like with a vacation, there will always be moments that don’t go as planned with a new business. Of course, find out who the competition is , assess how many hours you’ll need to devote to your business, and define your target audience. You might then hunt around for the best deals on flights and accommodations.

Finance 345
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From the Archives: The Ultimate Cost of Penny-Pinching

Success

The Expensive Is Often the Cheapest. Trying to cut the payroll down to the lowest possible dollar has ruined many a concern. The breakage, the damage, the losses, the expensive blunders, the injury to merchandise, the loss of customers resulting from cheap labor are not compensated for by low wages.

Clothes 232
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Moving While Working Remotely

Success

Of course, if you are a contract worker, you may have negotiated a remote work agreement or have different requirements. Moving to a new state can often mean a lot of expenses. Moving out of state. Don’t forget about taxes. Many people forget to consider how moving from state to state will affect your taxes. Keep communication open.

Payroll 245
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What Is The Impact Of Hybrid Working On Space Optimization?

Allwork

This, of course, has an impact on how much office space is actively required. After all, commercial real estate is, on average, the second-highest expense for most businesses, only surpassed by payroll. Many companies have adopted a more flexible approach to remote working. Does this bring with it an opportunity to save costs?

Policies 299