Teresa Ray « The Payroll Department

Posts Tagged Teresa Ray

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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10 Tips for a Successful Franchise Business

Posted by Ariane on July 11, 2017

Have you thought of running a franchise? Or, maybe you currently own one – or more. Running any small business – even a franchise – isn’t easy. However, a franchise does come with certain built-in advantages. It’s basically known as a business in a box, because the business has already been developed by the franchisor. For instance, a franchise already comes with brand name recognition, so, theoretically, getting customers should be a little easier. Also, in some cases, the franchisor provides franchise owners with detailed manuals to help them run their business. While these things are helpful, running a franchise is still hard work and can be overwhelming, especially when starting out.
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Tags: bookkeeper, bookkeeping, Grace Walker, Indiana, outsourcing, small business, Teresa Ray, The Payroll Department

Posted in: Bookkeeping and Accounting, Operating a Small Business

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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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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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Warning: Without an Accounts Receivable Process You Won’t Get Paid

Posted by Ariane on June 6, 2017

Occasionally, at networking and other events, we hear small business owners grumble about not getting paid for jobs they’ve done. At The Payroll Department, we understand their frustration. Often, the problem really comes down to not having an accounts receivable process in place. Many entrepreneurs “leave money on the table” by not telling their clients what their terms of payment are, not following up for payment, and worst of all, not even sending an invoice. (more…)

Tags: accounts receivable, benefits of outsourcing, bookkeeper, bookkeeping, Brownsburg, cash flow, Grace Walker, small business, small business owners, Teresa Ray, The Payroll Department

Posted in: Bookkeeping and Accounting, Operating a Small Business

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How Outsourcing Your Bookkeeping Can Help with Your Small Business Exit Strategy

Posted by Ariane on May 30, 2017

Congrats! You’re a successful small business owner, but now you’re starting to think about moving on or retiring. Whether you’ve been in business for one year or 25 years, you need to plan your exit strategy. What do you want to do with your small business? Walk away from it? Sell it to someone else? Merge with another business? (more…)

Tags: bookkeeper, bookkeeping, Brownsburg, business exit strategy, Grace Walker, Indiana, outsourcing, outsourcing payroll, small business, Teresa Ray, The Payroll Department

Posted in: Bookkeeping and Accounting, Operating a Small Business

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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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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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4 Top Issues Bookkeeping Can Help Solve for Your Small Business

Posted by Ariane on April 4, 2017

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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Tags: bookkeeper, bookkeeping, cash flow, Grace Walker, outsourcing, small business, small business owner, Teresa Ray, The Payroll Department

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

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Common Myths about Outsourcing Payroll, Part 1

Posted by Ariane on March 21, 2017

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…)

Tags: Brownsburg, Indiana, mistakes on payroll, outsourcing, outsourcing payroll, payroll, payroll provider, payroll services, payroll taxes, small business payroll, Teresa Ray, The Payroll Department

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

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