The decision of whether to pay your startup employees on a salary or hourly basis depends a lot on the type of business you have and the commodity you are selling. You don’t want to go into debt over your payroll, so before you pay anyone a salary, including yourself, it’s advisable to have a backlog of work…
While it’s one of the most important parts of running a business, handling payroll is one of the most tedious tasks. It takes a lot to properly handle payroll, including tracking hours worked, managing overtime, sick time, vacation time; you get the idea. If you are responsible for this important task and…
When you have a business to run, you have a hundred little things to be concerned about at all times. In addition to those ‘little things,’ you also have to be keenly aware of what’s happening in the marketplace, and you have to be on top of things like payroll. With so much to do, it’s easy to feel…
Here’s the thing about hiring employees: Eventually they are all going to want to be paid. This means that you need to decide (preferably before you hire anybody) whether you are going to do your payroll in-house or whether you are going to outsource it. Here are ten reasons that outsourcing payroll is in…
