Payroll - Is Your Small Business Paying For The Right Services? | Small business news; tips; networking

Posted by Sian Phillips under Finance
From http://tweakyourbiz.com 121 days ago
Made Hot by: aknews on January 29, 2013 7:19 pm

By Dave Thomas

Small business owners come in many different shapes and sizes, including some who choose to have a say in every decision that is made. With that being said, how do you as the owner of a company handle your payroll needs? Do you have someone in your office who oversees the dispensing of paychecks and other compensation needs, or do you have an outside agency handling such matters?

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Comments

Written by HeatherStone
115 days ago

Hi Dave,

I can see the value in both approaches. I guess it really comes down to where your strengths lie. Doing this in-house could take away valuable time you or your staff should be spending on other projects. On the other hand an inside team could give you exactly what you want with some added control. Thanks to Sian for sharing this post with the BizSugar community.

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Written by elainerogers
120 days ago

I seriously dont know how professionals keep up to date with changes in taxes, laws and reliefs with relation to pay-roll and employees. It's a minefield.

I think outsourcing anything should be reviewed on a regular basis and not given the "out of sight - out of mind" treatment.

Great post Dave!

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Sian Phillips

Sian is the Managing Editor of TweakYourBiz.com, an Associate with The Ahain Group and a Moderator on BizSugar. With over 20 years' worth of experience in business and …