Payroll processing can be a headache for a small business owner, especially if you manage the entire process yourself. You may be considering increasing efficiency by outsourcing to a payroll service. But before you make the leap, you’re probably wondering – how much does a payroll service cost?
Owning a salon or spa comes with handling multiple responsibilities, including servicing your clients, overseeing your company, and managing your business finances. Whether you own a hair, nail, tanning, spa, or beauty salon, your primary source of income comes from those services.
You're either starting a small business and want to set yourself up for success, or you're ready to take existing accounting and payroll responsibilities off of your plate. Either way, should you hire an accountant for your business, take on an annual tax preparer, or outsource your accounting to a monthly service provider?
At the end of the day, your payroll provider should feel like an extension of your small business. You trust other local vendors to help with your daily operations because relationships matter. So why not keep payroll on track for your business and your employees using a similar philosophy?
Many business owners fail to consider all of the difficulties that arise when it comes to payroll. A simple error could cost you the trust of your staff and even cause reliable, talented individuals to resign. In addition, these mistakes could cost you thousands of dollars in penalties, along with hours of time correcting errors.