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How to set up a payroll process: 10 steps

Insperity

In addition to obtaining deduction information and classification, to add employees to a payroll provider’s system, you’ll likely need: Your employees’ names, addresses and social security numbers Employees’ bank account information (for direct deposit) Your payroll register (if acquiring an existing business with payroll history).

Payroll 264
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3 Smart Money Moves to Make Before Starting a Business

Success

If you can finance the business yourself, you have the benefit of keeping control and all profits—but you have to be prepared to make sacrifices, particularly if you don’t have the funds to pay yourself an income for a time. Borrowing from a bank can be costly due to interest rates and down payments. All investing involves risk.

Finance 138
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6 Reasons Men Are Not Working as Much as They Used To

Success

Freelancing, contracting and part-time work provide more control over work hours and allow individuals to tailor their professional lives to their personal needs.” Corporate loyalty is a thing of the past (in both directions),” adds Robert Longley , a business consultant in Williamsburg, Massachusetts.

Cubicle 116
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Tips and Resources to Scale Your Small Business

Success

“Every business has different startup costs, but they all have one thing in common: having a financial cushion,” says Bob Marshall, the business growth and strategy executive for the Small Business Development Group at Wells Fargo Bank. Marshall says business owners shouldn’t relinquish control lightly.

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Rent vs. Buy: What’s the Right Decision for You?

Success

“We’ve seen a key change in our surveys over the last 18 months, with people who were on the fence about when they wanted to buy choosing to buy sooner rather than later,” says AJ Barkley, a neighborhood lending and community lending executive at Bank of America. Factors to Consider. Both renting and buying carry some financial risk.

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The 10 Best Freelance Gigs—And What You Need to Get Started in Each

Success

In a world where people are experiencing increasing levels of workplace burnout —which is fueling a widespread desire to find more work-life balance—freelance careers, sometimes called gig work or consulting, are attracting more and more American workers. workforce and adding $1.27 trillion to the country’s economy.

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5 Things to Do Before Your Next Job Interview

Success

who serves as project manager at CORE Consulting LLC. Making the effort to get as ready as you can be should leave you feeling more in control. Tony Armstrong is lead assigning editor of the banking team at NerdWallet. Research the company to prepare for your job interview. This article originally appeared on NerdWallet.