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The Small Business Owner’s Guide for a Worry-Free Vacation

Posted by Ariane on August 8, 2017

If you’re a small business owner, do you plan on taking a vacation this year? If not, you’re not alone. Per a 2014 survey conducted by Ondeck Capital, 43% of business owners didn’t plan on taking a vacation that year. It’s not surprising when you consider that many entrepreneurs feel they can’t get away – otherwise, their small business might fall apart. Even among those who planned to take a vacation, 67% said they were going to check in with work at least once a day.
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Tags: Indiana, outsourcing payroll, payroll, plan for vacation, prepare for vacation, small business, small business owners, Teresa Ray, The Payroll Department, vacation preparation

Posted in: Operating a Small Business, Payroll

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If Outsourcing Your Payroll Processing Doesn’t Leave You Feeling Warm All Over …

Posted by Elaine on July 25, 2017

There isn’t one small business owner who needs anything that adds frustrations to their day. Here at The Payroll Department we know that for a fact because we hear about it all the time – especially when we get a call from a business owner who wants to transfer their payroll processing from a national firm to The Payroll Department. (more…)

Tags: outsourcing payroll, payroll processing, payroll service, problems with payroll services, small business, Teresa Ray, The Payroll Department

Posted in: Operating a Small Business, Payroll

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Have You Ever Heard of the Economic Realities Test?

Posted by Elaine on July 18, 2017

Most small business owners are at least aware that there is a difference between an employee and an independent contractor. Some don’t realize how very important it is that employers be crystal clear about the difference and how they employ people in their business. Here at The Payroll Department, we believe that it is such a critical decision when talking about payroll that employers need to know, and understand the terms used by the government – like the Economic Realities Test.

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Tags: classification of employees, economic realities test, employee, independent contractor, The Payroll Department

Posted in: HR Rules, Regulations and Laws, Operating a Small Business, Payroll

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How to Increase Productivity as a Small Business Owner

Posted by Elaine on July 5, 2017

Small business owners are one of the hardest working groups of people everywhere across the world. Some are more successful than others, but it’s usually not because of a lack of trying. Productivity is key to success for entrepreneurs – there’s always so much to do! John Maxwell says, “The secret of your success is determined by your daily agenda.” He’s not alone in his view. What is it that you can do every day that will set your path and direct your energy to success? (more…)

Tags: benefits of outsourcing, bookkeeping, entrepreneurs, outsource payroll, payroll service, productivity, small business, small business owners, Teresa Ray, The Payroll Department

Posted in: Bookkeeping and Accounting, Operating a Small Business, Payroll, Payroll Processing

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Could You Use an Extra 48 Hours Every Year?

Posted by Elaine on June 27, 2017

Want to know how to use up business-building time in your small business? Here’s a hint: The National Small Business Association estimates that more than 50% of American businesses spend AT LEAST 4 hours PER MONTH in payroll processing. That equals 48 hours PER YEAR – that means you lose one full week of productivity every year doing payroll. What’s that costing you??? (more…)

Tags: outsource payroll, outsourcing, payroll, payroll processing, The Payroll Department, time management

Posted in: Payroll, Payroll Processing

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Common Myths about Outsourcing Payroll, Part 4

Posted by Ariane on June 20, 2017

We’ve Reached the Last 2 Myths of 10 Total

If you’re a small business owner and you have employees, you must do payroll. It’s a given. You can’t get out of it. Your employees expect to be paid for their work. However, that doesn’t mean YOU have to do your own payroll. You can outsource your payroll to a payroll service provider like The Payroll Department. But many small business owners won’t subcontract their payroll, because they believe all these myths about outsourcing payroll that they hear from other people. (more…)

Tags: benefits of outsourcing, business, employees, employers, Illinois, Indiana, Kentucky, Michigan, Ohio, outsourcing payroll, payroll, payroll provider, small business payroll, Teresa Ray, The Payroll Department

Posted in: Payroll, Payroll Processing

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The Gig Economy is Changing the Way Small Business Works

Posted by Elaine on June 13, 2017

There is little doubt that small business owners have to constantly adapt to the changes in the business arena. One area that is making an impact is the upsurge of freelancers and contract workers. A study by intuit reported that by 2020, more than 40% of the American workforce, or 60 million people, will be freelancers, contractors and temp workers. That can make a change in the workforce mix of your business, can’t it?
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Tags: 1099 workers, contract workers, gig economy, outsource, outsourcing payroll, The Payroll Department

Posted in: Payroll, Payroll Processing

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Common Myths about Outsourcing Payroll, Part 3

Posted by Ariane on May 23, 2017

We’re Still Not Done with Myths about Payroll Outsourcing

As a small business owner, your employees’ financial stability is basically in your hands. They depend on you to process payroll in a timely and accurate manner each pay period. Otherwise, your employees can’t meet their financial obligations, such as mortgage or rent payments, car loans, or household bills. (more…)

Tags: Brownsburg, employers, Indiana, outsourcing, outsourcing payroll, payroll, payroll provider, payroll service, small business, small business payroll, Teresa Ray, The Payroll Department

Posted in: Bookkeeping and Accounting, Operating a Small Business, Payroll, Payroll Processing

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Why Would You Consider Another Stressful Tax Season Without a Bookkeeper?

Posted by Elaine on May 16, 2017

I trust you made it through another tax season. There is always a collective sigh of relief – and it’s not just the accounting firm employees – it’s the small business owners, too. (more…)

Tags: bookkeeper, bookkeeping, Grace Walker, outsource bookkeeping, outsource payroll, small business, taxes, The Payroll Department

Posted in: Bookkeeping and Accounting, Operating a Small Business, Payroll

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How Prepared is Your Small Business to Face a Disaster?

Posted by Elaine on May 9, 2017

This last week during a storm one of the homes in my neighborhood was struck by lightning and caught fire. The fire left skeletal remains of the structure’s second story. In the end, the entire home was a total loss. Luckily the family and their pets were all able to get out safely. But in less than eight minutes, their entire lives were turned upside down.

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Tags: accounting, disaster strikes, Grace Walker, losses, small business, Teresa Ray, The Payroll Department

Posted in: Bookkeeping and Accounting, Operating a Small Business, Payroll

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