Small firms shunning outside financing. — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
According to a new survey by SurePayroll, 81% of small business owners say they’ve never received outside equity or debt financing. More than half (55%) of respondents say they have no need and no plans for external funding. For businesses that tapped into outside capital, debt financing was the most popular, followed by equity financing or a combination of both.
Paying employees for their travel time — and dealing with subsequent reimbursements and deductions — is one of the most confusing parts of HR and payroll administration. Discover the IRS and DOL rules regarding what is considered "travel time” versus "commuting time,” plus what is an allowable expense versus taxable wages....Click here to find out more.