As business people we have many decisions to make. One of the most important is that of which kind of business entity we need to be. There are many reasons to choose an entity over a sole proprietorship.

Most consumers are familiar with the benefits of paying with personal credit cards. With the ever-increasing number of corporate card options, businesses and organizations can now take advantage of many of the same perks.

Controlling the Money: Setting up internal controls can prevent financial loss and give peace of mind.

Can my business benefit by establishing a credit union or by joining an existing one?  The best way to answer that question is to first understand what credit unions do.

So, what is a contract labor employee versus a W-2 employee? There is some ambiguity when it comes to making this determination. A good rule of thumb is that if the employer can control the work performed, such as where, when, and how it is performed, the employee probably should not be paid on a 1099.

Identify the difference between good debt and bad debt. Know when to use the credit card and when to seek long term lending.


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BSavvy Magazine

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