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Posts Tagged outsourcing

Common Myths about Outsourcing Payroll, Part 3

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…)

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

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4 Top Issues Bookkeeping Can Help Solve for Your Small Business

Are you damaging your business by trying to do everything, including bookkeeping, on your own?As a small business owner, you want your business to grow and succeed. But all small businesses are plagued by the same common problems that can impede their success. Part of the problem is, try as they might, entrepreneurs are just not as knowledgeable and effective in all areas of their businesses as they would like. This lack of knowledge and ineffectiveness can lead to inadequate processes, errors, and missed opportunities.

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

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Get Rid of Cash Flow Problems So Your Business Can Succeed

Your small business depends on good cash flow. When not enough cash comes in, you can’t pay your expenses (like rent, utilities, supplies, etc.), cover your payroll, or purchase materials to provide your products and services. Your small business could be making a profit, but also experiencing financial problems, if you’re not managing your cash flow properly. A good bookkeeper, like Grace Walker of The Payroll Department, can help you stay on top of your cash flow, so your small business can succeed. (more…)

Posted in: Bookkeeping and Accounting, Operating a Small Business

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Common Myths about Outsourcing Payroll, Part 1

Do These 3 Myths Sound Familiar to You?

Outsourcing payroll is becoming a more popular option for many small business owners. After all, employees want to get paid accurately and in a timely manner. However, many small business owners still spend hours and hours a week processing their payroll instead of spending that time on what they do best – running their businesses. (more…)

Posted in: Operating a Small Business, Payroll, Payroll Processing

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What Can Your Small Business Do about Healthcare Benefits?

Healthcare and insurance continues to be a quagmire for millions of people to wade through today. If you are an employer with any number of employees, healthcare benefits are on your mind, too. (more…)

Posted in: Benefits and Health Care, Employee Benefits, Operating a Small Business, Payroll Processing, Rules, Regulations and Laws

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Bookkeeping Mistakes – Every Small Business Owner Makes Them

My friend, Karen, has a boutique. She has been running the small business single-handedly for close to six years now, and she recently expanded to take over some additional space next door. The additional square footage has had a greater impact than she expected – and has created some real stress and most importantly, one humongous realization. (more…)

Posted in: Bookkeeping and Accounting, Operating a Small Business

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How Do You Know When it’s Time to Call the Experts In?

How Do You Know When it’s Time to Call the Experts In?

Unfortunately, too many small business owners stubbornly decide that once the doors officially open on their new venture, they will try their best to do everything on their own. That means they interview, hire, train and fire employees, create and follow a business plan, develop marketing strategies, secure some type of community presence, find a way to work with all types of vendors, repair whatever is broken, order whatever supplies are needed… oh, and also take care of payroll while also staying abreast of any changes in business and payroll taxes. Whew. (more…)

Posted in: IRS and Tax forms, Operating a Small Business, Payroll, Payroll Processing, Payroll Taxes, Rules, Regulations and Laws

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3 Reasons Small Business Owners Should Outsource

Why would you outsource something as seemingly simple as payroll processing? I hear that question when the topic of outsourcing comes up. The reason to outsource comes down to essentially one of three important points: (more…)

Posted in: Operating a Small Business, Payroll, Payroll Processing

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