Posts Tagged ‘Payroll’
4 Big Tips for SMBs to Manage Payroll Like a Big Business
Payroll needs to be right—accurate, on time, compliant with the law. When SMBs act like a big company in this area, they project strength and security to their workforce.
Read More Should #Minwage be $100 Per Hour?
If you look at the trending tweets on twitter about #minwage, you can actually see minimum wage inflation just by reading the tweets. These are very compelling memes if they were true, but there’s more to the story.
Read More Revenues and Profits Are Not the Same
You can’t assume an increase in revenues leads to increased profits. Sometimes an increase in revenues has no effect or a negative effect on profits.
Read More 6 Changes Your Business May Need to Make for Success
Businesses need to constantly change and adapt in response to the market, new technologies, and consumer demands. Operating under certain traditional business philosophies can actually stifle growth and increase expenditures.
Read More Should You Scrap Commission for Your Sales Team?
Commission-based sales plans have long been standard in the sales industry. Many small business owners are reluctant to abandon them, believing the widely held opinion that salespeople are primarily motivated by money.
Read More 12 Myths about Overtime Exemptions
Under federal law, non-exempt employees are entitled to overtime pay. While exempt employees need not be paid overtime, they must meet very specific salary and duties criteria outlined in the Fair Labor Standard Act (FLSA). Understanding overtime requirements can be challenging and complying with the FLSA requires employees to be properly classified. In this Tip, we provide 12 of the most common myths concerning overtime and exemptions.
Read More Small Business Payroll: Mistakes and How to Avoid Them
Payroll Compliance is a challenge that many small businesses struggle with. Payroll done by business owners themselves mean that they need to have the know-how to comply with the Internal Revenue Service’s strict rules regarding accurate reporting & deposits.
Read More Year End Planning: Payroll
Doing your last payroll for the year is an important time to make sure you have a tax plan in place. That payroll is often the last cash transaction for the year; your last chance for tax deductions.
Read More 10 Tips for Making Payroll Simple and Stress Free
Payroll can be one of the most cumbersome areas for business owners to tackle. Number-crunching, creating reports, and keeping track of all kinds of data is enough to make many individuals want to hide under their desks.
Read More Make Your First Hire Your Best Hire
If you’re running your own business and finding there aren’t enough hours in the day to get all your work done, it may be time to hire your first employee. But for many business owners, that idea is daunting. What if you hire the wrong person?
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