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Advantages of Using Independent Contractors
Managing Personnel and Payroll Costs An important consideration in any type of business is managing personnel and payroll costs. This has always been true of nearly any successful business regardless of the type of industry they are involved......
Finding Funding for Your Business Startup
Starting a small business is one of the most challenging individual endeavors a person can undertake. It is basically putting yourself and your future on the line and gambling that you and your business idea are valuable enough to provide you......
The Value of a Promissory Note
What Is a Promissory Note? A promissory note or promissory letter is a written and signed agreement between two parties to repay a definite sum of money by a specific time. The terms of a legal promissory note include the amount to be......
Is a Promissory Note Legally Binding?
Promissory Notes Are Legal Contracts A promissory note or promissory letter is a legal instrument similar in nature to any common law contract. In order for a contract to be enforceable, it must contain certain legal conditions such as an......
How to Document a Personal Loan
Borrowing money from a friend or loaning money to a family member can be a somewhat uncomfortable event should things not go as planned. Because of this, asking to borrow money from or loaning money to someone who is a close friend or relative......
Becoming an Independent Contractor
Why Businesses Need Them In today's business world where competition is ever increasing, more and more companies depend on exploiting every niche within their particular markets to gain an advantage. Most of the time, these niches are......
Forming a Home-Based Business
Why Start a Home-Based Business? There are many different reasons to start a home-based business, but one of the most common is the sense of freedom that people achieve by working for themselves unsupervised in a comfortable environment. A......
What To Do When a Promissory Note Is Paid Off
Promissory Notes Are Vital Documents When an individual or business borrows money from another individual or entity, a promissory note is always utilized to ensure repayment of the loan amount. It is a vital legal instrument used by the lender......
How to Enforce a Promissory Note
What Is a Promissory Note? A promissory note or promissory letter is a legal instrument that details a contractual agreement between two parties. When the parties are in agreement and sign the promissory note, it becomes a legally binding......
Employee or Independent Contractor
Business Expansion Can Create Unique Problems One of the best problems for any business to have is the need to expand. When a business grows beyond its capacity to properly serve its customer base, expansion is a must for it to survive. But......