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
Leave a Comment (0) →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…)
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.
Recently I had an entertaining lunch with a friend that was great fun, but it really brought up some important, and serious, issues. When a paycheck goes terribly wrong, what happens? Payroll errors can have long-lasting repercussions. (more…)
Last month, The Payroll Department explored three common myths about outsourcing payroll that entrepreneurs may have:
Some people dream of their retirement days – what they are going to do, where they want to be, all sorts of ideas above and beyond resting are included in those plans. Other people feel they are never going to be able to afford to retire and don’t see any of those golden dreams when they shut their eyes at the end of a long work day. A lot of their beliefs can be shaped by retirement savings.
(more…)
Tags: automatic payroll deductions, employee benefits, outsourcing payroll, payroll deductions, retirement benefits, savings plans for employees, The Payroll Department
Posted in: Benefits and Health Care, Employee Benefits, Operating a Small Business, Payroll, Retirement plans
Leave a Comment (0) →
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.
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…)
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…)
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…)
Let Us Show You What We Can Do
We're ready to show you how easy payroll with us can be.