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Small Business Survival Tips During COVID-19

Martinka Consulting

I’ve also heard a lot of PE firms are telling their operating companies to use the lines of credit to strengthen their balance sheets cash position so consider this. If business is slow, do those administrative things you’ve put off. The post Small Business Survival Tips During COVID-19 appeared first on Martinka Consulting.

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Repair Regulations: Limiting Business Deductions

Women in Consulting

For years, we have used the Generally Accepted Accounting Principle of expensing items that small businesses purchase of up to $500 or even $1000 when appropriate. . The rule is limiting businesses to expense a purchase which is $200 or less and consumed within a year. This is not going to happen to most small businesses.).

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The Current State of IR35

Comatch

Things changed from April 2021 when the responsibility for status determination fell to the client organization for medium and large businesses. For small businesses, the responsibility remained with the contractor. Balance sheet total of no more than £5.1 No more than 50 employees.

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What a Business Financial Statement Can Tell You About the Health of Your Business

Tom Spencer

When you run your own small business, it can be difficult to keep an objective distance from what you do. You have your big one-year and … Continue reading "What a Business Financial Statement Can Tell You About the Health of Your Business".

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How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

Even if you don’t need to know a lot about finance to do your day-to-day job, the more conversant you are on the subject, the better off you’ll be, according to Richard Ruback, a professor at Harvard Business School and the coauthor of the HBR Guide to Buying a Small Business. It just takes effort,” he says.

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Can the Fed Really Print Money? What Would Negative Interest Rates Do?

MishTalk

Despite the unprecedented increase in the Federal Reserve’s balance sheet, growth in M2 over the first nine months of this year fell below its average rate of growth over the past 115 years, a time when the growth in the monetary base was stable and quite modest. Let's take a look, emphasis mine.

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Cash Flow Relief for Independent Consultants: the CARES Act & Other Ideas

Successful Independent Consulting

I have summarized how the new Coronavirus Aid, Relief, and Economic Security (CARES) Act applies to self-employed management consultants, whether you’re a single-person entity (sole proprietor, LLC or S-Corp) or if you’re a small business with employees or subcontractors. A loan from the Small Business Administration 3.

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