Starting your own business can be an exciting experience that brings a sense of personal achievement. However, if you’re a new small business owner, you should know that running a profitable venture also takes a sense of organization and efficiency, especially when it comes to money and finances. So, if you are wondering which will […]
Payroll
5 Ways to Effortlessly Manage Payroll
Are you having a hard time managing your payroll? Well, most HR managers and business owners suffer through the same issues. Handling payroll can be challenging, especially when HR best practices change or when payroll rules are updated. Here are the best tips to help you maximize the efficiency of your HR department. Stay Organized […]
No Human Resources Department? Here’s How to Take Control
Each year in the U.S., about 400,000 new businesses open their doors. While many small businesses never hire employees, roughly 19% (5.9 million) of small businesses in the U.S. do have paid employees. Unfortunately, many small business owners treat human resources much like they treat disaster recovery planning: they neglect it until there’s a real […]
How Payroll Software Can Help Businesses Avoid Audits, Other Tax Troubles
No one looks forward to tax season. The fear of being audited alone looms large as you submit the paperwork you went over dozens of times. If you own a small business, this fear might be even more pressing; after all, audits are expensive, time-consuming and emotionally draining. Your concerns are rational. Inconsistencies with payroll […]
Why Q1 is the Best Time to Switch or Start Using Payroll Software
You’ve recently crossed the finish line for the calendar year. Does it mean it’s time to celebrate with your spiked eggnog recipes? Well before you do, we have one more tip to make that beverage taste even sweeter by knowing you’re set up for success in the year ahead. As a business owner, this is […]
Why the New Year is the Best Time to Switch or Start Using Payroll Software
As you reach the final months of any year, there’s the holiday period. (Insert any number of appropriately timed seasonal cliches here.) However, there’s also the process of closing the books on one year of business finances and planning to smooth out any kinks in the year ahead. For many small businesses, payroll is one […]
How to Stop Time Theft from Overwhelming Your Small Business
Even if you’ve never heard the term “time theft,” you’d know it if you saw it. But if you’re a small business owner with employees, chances are good you’ve experienced it firsthand. You might be thinking, “I have employees. I’ve never caught anyone ‘stealing time.’” But that’s what makes time theft so tricky. It’s common, […]
3 Free Tools for Small Business Owners with Hourly Employees
Whatever your business’s budget for office tools, it’s always nice to hear the word “free.” It’s not that you mind paying for something you need, but high prices better come with significant value. But it’s nice when you can employ a free tool, or even a free trial, to help you narrow down the kinds […]
Understanding Payroll Frequency: The Enigma Decoded
A year can be divided in multiple ways: 52 weeks, 365 days, or 12 months. This means there are different payroll schedules that a business owner can follow—weekly, bi-weekly, semi-monthly, or a combination of a few. How do you know which payroll frequency is the most optimal for your business? While there are a few factors […]
Why Small Businesses Need Payroll Software
As a business owner, you want to focus on what your employees can do for your business—rather than getting bogged down by the nitty-gritty of paying them. How often is your mind centered around administrative responsibilities like payroll? Have you ever incurred interest and penalties from payroll errors? When details, like income types and deductions […]
