businessexpenses
The economic landscape has been reshaped by a number of events in the last few years. First, the global pandemic took hold, seeing employers rapidly downsizing, and others completely ceasing operations. As the pandemic seems to wind down, economic uncertainty, the high cost of business operations, and inflationary circumstances are squeezing consumers’ savings and business owners from every angle. Q1 2022 hedge fund letters, conferences and more Zooming out even further, production and manufacturing costs have also increased. In March this year, the producer price index or PPI rose by 11.2% fr...
ValueWalk
It can be difficult to keep your business and personal finances separate when you own a small business. It is especially challenging to keep your accounts divided if your business is structured as a sole proprietorship. Since sole proprietorship is considered a nonentity, there is no legal separation between you and the business. Q3 2021 hedge fund letters, conferences and more When you set up your business as a Limited Liability Company (LLC) or corporation, however, you must have separate business bank accounts. Keeping the two separate, no matter how your business is structured, will create...
ValueWalk
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