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Category: Small Business and Entrepreneurs
EIN vs TIN: The Vital Differences You Need to Know in [2024]
When it comes to taxation in the US, there are different numbers that the state uses to identify people. These include Social Security Number (SSN), Employer identification number...
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New Jersey Minimum Wage – 2022
With the New Year approaching, employers in New Jersey can prepare themselves for impending changes to the minimum wage requirements of the state. In 2019, Governor Phil Murphy ha...
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What is the Difference Between W-2 Employees and 1099?
Due to this expense, most small business owners are confused about hiring W-2 or 1099 employees for specific positions. There are significant differences between the two types of ...
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How to Write a “No Refund Policy” for Your Business? [year] Update
Customers expect most businesses to offer a dedicated refund policy that explains when, how, and under what circumstances they can return the products or services they bought.&nbs...
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Want to Go Into Business? Here Are The Best Cheap Franchises to Start
Starting a business from scratch and developing a customer base and brand recognition is challenging. Opting for a franchise can be one of the best alternatives. When you invest i...
Read MoreArizona Minimum Wage in 2022
Arizona is one of the states in the nation that has automatically incremented the minimum wage with time. Currently their minimum wage is $12.80 per hour, more than $5 greater tha...
Read MoreBreak Even Point Formula & Analysis for Your Business
To evaluate the profitability of any business, it is crucial to analyse the break-even point. The Break-even Point is the one wherein your total expense matches the total revenue ...
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What are Buying Groups and Should You Join One?
A buying group may be useful to your company if you buy and sell big volumes of items. As a small business owner, lowering costs and managing your finances effectively is importan...
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Steps for Efficient Business Budgeting
Even the slightest reduction in expenses or increase in revenue impacts the company's revenue growth in an unstable economy where every penny matters. The incredible thin...
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