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3 Smart Money Moves to Make Before Starting a Business

Success

Because business growth requires capital to support payroll, accounts receivable, inventory and more, it’s a good idea to establish forecasting models. Disclosure: This material has been prepared for informational purposes only and should not be used as investment, tax, legal, or accounting advice. All investing involves risk.

Finance 345
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Want To Be a Freelancer? Here’s How to Get Started

Success

A freelancer is someone who works independently, offering their services to various clients on a project-by-project basis. Because they’re not tied to any specific employer, freelancers often have the flexibility to choose the type and quantity of projects they work on and the clients they want to work with.

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Way Beyond The 9-to-5: Could A 70-Hour Workweek Ever Be A Good Thing?

Allwork

“On the surface, the logic behind Murthy’s call is simple: more time spent working equals more tasks completed, but productivity isn’t solely determined by the number of hours thrown at a project,” Aaron Rubens, Co-founder and CEO of Kudoboard, told Allwork.Space.

Payroll 287
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Time management tools to help you get ahead at work

BMT Office Administration

Keeping up with a multitude of tasks, projects, and demands while staying connected with your team and clients can spread employees or business owners very thin. Time tracking software and apps are helpful for employees or freelancers that need to keep track of billable hours for different clients or projects.

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Making Taxes Less Taxing

Success

This software also allows you to record your daily money in and out, as well as invoice customers and manage projects, so you can determine your company’s financial position at any time. For example, the Wave Advisors program provides bookkeeping support and one-on-one accounting and payroll coaching.

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

BMT Office Administration

Is the worker treated as a supplemental resource to the business’ internal staff or are they working alongside them during similar hours and on similar projects? 1099 workers also are not generally paid through regular payroll and do not typically have taxes withheld from their checks or deposits. How to fill out a 1099 vs a W-2.

Payroll 52
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In-Depth Guide to the Timesheet Approval Process

BMT Office Administration

Other reasons why timesheet approval is a necessity include: It ensures proper payroll processing. Whenever a manager submits their employee timecards to payroll , they need to be extremely precise. Recordkeeping for legal requirements. Each timesheet should have a deadline to ensure managers have time to submit them to payroll.

Payroll 52