Blog Posts | Page 40

Is A Debt Covenant A Dealbreaker? What Covenants Are & Why They’re Required For Small Business Loans

When internal capital isn’t enough to cover costs, many small businesses take out loans. Before diving in and taking on debt, it’s helpful to familiarize yourself with some of the more complicated terms and lingo you’ll encounter when searching for small business loans. A debt covenant is one such term you will likely come across. Let’s take an in-depth look at what debt covenants mean for a small business loan, why they’re used, and how to determine if their conditions are a fit for your needs.

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Aug 10, 2020 Filed under: Business Loans

The Complete State Of Florida Payroll & Payroll Taxes Guide

Blessed with no state or local income taxes, Floridian businesses enjoy one of the laxest tax codes in the country. That leaves them with much less number crunching and heavy lifting to do in their payroll management. And coupled with highly intuitive payroll management software, small and medium scale business owners in Florida can process their payrolls personally with relatively greater ease. Learn more about Florida payroll rules and regulations here!

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May 12, 2022 Filed under: Payroll

1099 VS W-2 Employees: Which Is Better For Your Small Business?

Ever wondered what the difference is between a 1099 contractor and a W2 employee? Believe it or not, the answer is both easier — and more complicated — than you might expect. It all boils down to this: If you tell your workers both what to do and how to do it, then they are probably W2 employees. On the other hand, if you only control the results and not the process, then they are probably 1099 contractors. Read more about the 1099 VS W-2.

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Jun 15, 2021 Filed under: Payroll, Small Business
Black health matters

What Nonprofits Can Teach Small Businesses: Spotlight On NxNE Community Health Center

Nonprofits have plenty to teach small business owners about managing money and people, communicating a mission, carving out a needed niche, writing a business plan, and using social media to tell their story. Learn more about North by Northeast Community Health Center, the only free health clinic in Oregon dedicated to African American/Black health, and see how following the pattern of a successful nonprofit can change your business ethics and efficacy.

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Aug 5, 2020 Filed under: Small Business

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