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  • Avoiding common payroll mistakes

  • Tax essentials for sole proprietors

  • The right financial guidance can help maximize your business’s potential

  • FAQs about resolving small business tax issues

  • Stress testing: A smart way to manage today’s business risks

  • Open the door to investment with a winning pitch deck

  • What’s the right entity type for your new business?

  • Behind on bookkeeping? Here’s how to get back on track


  • Payroll Outsourcing Eases Small Business Paperwork Burden

    Small businesses employ tens of millions of workers in the United States and Canada. That’s tens of millions of paychecks amounting to billions of dollars going out every month. While that’s a great contribution to the economic engines of our countries, the routine of calculating payroll, taxes and deductions isn’t the most inspiring task in a business person’s schedule. Time is an irreplaceable commodity, and payroll chores eat up hours that most entrepreneurs would rather spend innovating and strategizing. Payroll outsourcing can be a cost-effective option that frees up valuable staff time that’s better spent in other ways.

    Outsourcing to a payroll administration specialist instead of devoting in-house labor to such a mundane job amounts to nothing less than an investment in your company. When you choose to have a payroll management firm take this burden off of your shoulders, you’re literally buying time, time that you in turn can invest in improving product quality, streamlining your businesses processes, developing new products and services, paying sales calls and marketing to potential new customers.

    Because a payroll specialist focuses on just one aspect of your business, you can be assured that their expertise will bring extreme accuracy to your payroll function. Having payroll done right the first time, every time potentially saves frustration and yet more precious time that otherwise may be wasted on fixing errors. Employees consider few things as important as being paid accurately and on time, so hiring a professional payroll processor also contributes to employee satisfaction.

    Any company you consider outsourcing your payroll to should offer these services:

    • Online entry of payroll data
    • Recordkeeping, accruals and payroll calculation
    • Cutting and distribution of payroll checks
    • Direct deposit option
    • Payroll tax calculation and remittance
    • W-2 preparation and distribution
    • Payroll withholding
    • Workers’ compensation calculations
    • Federal, state and local government compliance

    Padgett Payroll Services is a payroll outsourcing company that offers all of these convenient services and options at an affordable price for small businesses. Padgett Payroll is dedicated to helping small businesses minimize the hassle of payroll preparation so that today’s entrepreneurs and their staff can focus on more important and exciting aspects of their companies that lead to success and growth. Padgett Payroll Services is a division of Padgett Business Services, which has served small businesses since 1966. Consult with one of our representatives to learn more about the benefits of having Padgett, the payroll specialist, working for you. Call us today at (706) 548-1040.


    12/01/2011



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