Very Smart Tips

Most small businesses have been adversely impacted by the COVID19 pandemic and those that are still in operation are now beginning to reopen to what is being termed the “new normal”. Many small businesses have managed to stay afloat, in part due to benefits they have received under the CARES Act and there is a […]

Small businesses and larger organizations have many of the same needs, but due to size and limited resources, outsourcing services to third-party vendors can often reduce operational costs for small businesses, freeing up time to focus on operating their business.   What services can be outsourced? Business services commonly outsourced include: Payroll Services and/or Bookkeeping […]

There may be times in which business owners and managers throw their hands up in the air and say there is too much paperwork! There are too many forms! So many forms with so many purposes that all form part of the responsibility of payroll processing. Organizations that outsourced their payroll to professionals from day […]

April is Stress Awareness Month and with the distraction of adapting to the COVID19 pandemic, many of us have not had an opportunity to raise awareness to stress within the workplace. Now more than ever it is important to look out for our employees and ourselves as stress levels are elevated. As we take a […]

Are you looking for some different ideas to stay busy while safely practicing social distancing? Social distancing does not have to mean social isolation. While we are experiencing very different and challenging times, we may use this time to cultivate new experiences creating new memories with family members that one day we will most definitely […]

Going into business for yourself can be risky but also very rewarding. 50% of small businesses fail within the first five years according to the Bureau of Labor Statistics. Those that hold the keys to success have overcome the challenges of having limited resources. Entrepreneurs tend to work more hours than traditional employees but enjoy […]

The small business owner is the backbone of our country’s economy representing most businesses and a significant share of the workforce. Different industries have their own set of challenges. This short list describes common challenges the small business owner often faces and provides  helpful tips to be successful with these complications. 1. Cash Flow Problems […]

The best payroll service for a small business is one that can understand the unique needs of a small business. Small business owners can relate to the challenges that other small business owners face on a regular basis. Small businesses are engaged in their community. When making purchases they are more inclined to do business […]

You cannot deduct the full balance of an employee loan from the employee’s final paycheck. You can only deduct the approved payment amount from the final paycheck upon employee termination, not the full remaining balance. The possible exception is if the employee signs a new written agreement at termination authorizing the deduction of the full […]

Consider the impact on employees when changing pay periods. You’re ready to change your pay period, but aren’t sure exactly how to make it work. You may need to determine creative ways to alleviate potential financial hardship on your employees. For example, when moving to arrears, you could ease the transition by adding a certain […]