For employees, getting money quickly and securely can be a major concern, and one of the best ways to ensure that you are getting paid accurately and in a timely manner is to set up direct deposit.
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One way to smooth the onboarding process and keep it efficient is to eliminate the people connection component and stick to compliance issues only. If your small business needs to onboard quickly, set up a quick system to make sure all legal requirements are taken care of, and then build the people connection aspect into the first month of employment by assignment a mentor or teammate to answer questions as they arise.
Retirement and savings plans are always on individuals’ minds, especially in times of economic uncertainty. Two of the most popular types of these plans are IRAs and 401(k)s. But what is the difference between an IRA vs a 401(k) and is one more beneficial than the other? While they are similar, it’s important not to simply assume that they will yield the same results.
You may think that the days of writing or cashing checks are done, but there are still plenty of benefits for small businesses to utilize — or at least offer the option of — physical checks. The best payroll check-printing software should include high-level security features and integrate with top accounting and payroll software programs.
Square already boasts one of the more user-friendly and affordable point of sale systems on the market for restaurants, so it’s not a surprise that its online ordering function is equally sleek and reliable. If you already use Square or are searching for new or different POS software, tapping into Square’s online ordering features can boost sales and help improve the efficacy of your inventory management — and ultimately your profitability.
In doing research on possible small business deductions, you might be wondering “what is the Work Opportunity Tax Credit, and do I qualify?” This post will walk you through the basics of what this credit (also known as the WOTC) is all about, and help you determine if you can claim it during this tax season.
A round up the top accounting software for freelancers and great freelance tools that you should know about to help your business succeed, including everything from email marketing software to website builders to mobile payment apps and more.
With both contenders offering minimal fees and nearly identical flat-rate pricing, most businesses won’t see a significant overall price difference between them. Whether Square or QuickBooks will be the better choice will mainly come down to which of the two companies offers the better features your business needs to grow and thrive.
One of the main reasons ADP payroll has been able to stay so popular is its highly intuitive interface. Even with loads of features, ADP is one of the easier-to-use systems around.
While Paycom’s app gets high marks for its user friendliness and its customer service is excellent, Paylocity’s features, including its reporting and wealth of integrations, probably make it a deeper and more robust offering in general. But, seeing as how both companies have quote-based pricing, you may want to give them a call and see what they can offer you.