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Small office/home office (or single office/home office; sometimes short SOHO) refers to the category of business or cottage industry that involves from 1 to 10 workers. In New Zealand , the Ministry of Business, Innovation and Employment (MBIE) defines a small office as 6–19 employees and a micro office as 1–5.
Remote work (also called telecommuting, telework, work from home—or WFH as an initialism, hybrid work, and other terms) is the practice of working from one's home or another space rather than from an office. The practice began on a small scale in the 1970s, when technology was developed that linked satellite offices to downtown mainframes ...
The way the deduction is calculated is by taking $5 per square foot of your home office up to 300 square feet, for a $1,500 maximum deduction. To qualify for this deduction, you have to be self ...
Virtual office. A virtual office is part of the flexible workspace industry that provides businesses with any combination of services, space and/or technology, without those businesses bearing the capital expenses of owning or leasing a traditional office. A virtual office can be used by entrepreneurs, freelancers, and small businesses that do ...
Paperless office. A paperless office (or paper-free office) is a work environment in which the use of paper is eliminated or greatly reduced. This is done by converting documents and other papers into digital form, a process known as digitization. Proponents claim that "going paperless" can save money, boost productivity, save space, make ...
Multi-function printer. A Ricoh 5055 B&W MFP (released in 2017). An MFP ( multi-function product / printer / peripheral ), multi-functional, all-in-one ( AIO ), or multi-function device ( MFD ), is an office machine which incorporates the functionality of multiple devices in one, so as to have a smaller footprint in a home or small business ...
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