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Posts Tagged small business

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

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…)

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

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How Prepared is Your Small Business to Face a Disaster?

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

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Common Myths about Outsourcing Payroll, Part 2

3 More Myths Small Business Owners May Believe

Last month, The Payroll Department explored three common myths about outsourcing payroll that entrepreneurs may have:

  • Myth #1: In-house payroll processing saves time and money – and is error-free.
  • Myth #2: Payroll outsourcing is too expensive.
  • Myth #3: Outsourcing payroll means I lose control over my payroll

(more…)

Posted in: 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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Outsourcing Bookkeeping Can Save Your Small Business Much More Than You Realize

Why do employers even think about providing health benefits?

As always, wanting employees to be healthy is both a personal and professional concern for employers. Most all people wish good health for everyone. But when there is as intimate a relationship as employer/employee, that wish is even stronger. There is greater concern for the well-being of people you know and care about. (more…)

Posted in: Bookkeeping and Accounting, Operating a Small Business

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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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How Much Can Your Business Afford to Pay You?

Every small business owner inevitability wants to know the answer to: How much should I pay myself? After all, it’s one of the reasons you went into business in the first place – to earn money. Unfortunately, there aren’t any set guidelines that outline when and how much you should be paid. (more…)

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

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