Payroll Services for Small Businesses

Quill payroll services for small businesses

Paying employees has always been a fundamental duty involved in the running of a business. Over the years increasing levels of bureaucracy have converted what was once a pleasant and honourable duty for a small business owner into what can only be described as a chore.

Not surprisingly, the increased complexity sometimes leads to mistakes being made, especially at those times when the business may be working under increased pressure (for example, in retail environments as Christmas approaches).

This can create a problem for the small business owner, because when employees are the victims of an innocent pay related oversight, they naturally can become quite agitated.

This can lead to a disruption of harmony in the workplace, increase the “us vs them” gulf between workers and management, create negative workplace gossip, and damage the interpersonal relationship between you and your employee.

One day, some unheralded genius came up with a brilliant idea. “Wouldn’t it be good,” he or she (probably) said, “If we could point the finger at someone else whenever there’s a payroll problem!”

And thus the notion of outsourced payroll services was born. That may or may not be a strictly accurate anecdote, but it’s a neat theory.

Outsourcing payroll services has numerous advantages for small businesses

Many small businesses incorrectly associate outsourcing as being solely within the domain of big business. Outsourcing, if it is handled intelligently, can be beneficial for small business too. One of the best tasks to outsource is payroll.

The advantages of outsourcing payroll services for small businesses include:

• Frees you from having to employ dedicated payroll staff
• Simplifies paying your employees
• Ensures accuracy of wages paid, tax deducted, etc.
• Ensures compliance with payroll tax obligations
• Cost is fully tax deductible
• Cuts down the risk of angry confrontations with staff over pay problems

You can easily gain these advantages for your business, and there is no genuine reason why you should not do so.

Working smarter is always better than working harder

Why work harder when you don’t need to? All of your business activities can be isolated into core and non-core activities. The core activities are those which directly relate to how your business makes money. The non-core activities obviously are all the other things that don’t relate to making money. Those are the things that should normally be outsourced.

Payroll is a tedious, error-prone task that takes time and focus away from your core business activities. It’s the perfect example of a task that should be outsourced so you can focus more of your attention on money making activities.

Outsourcing your payroll to Quill also means you no longer have to worry about errors, missed deadlines, or other kinds of problems like that. Quill gives you accuracy and punctuality every time. In this way you can be sure that your business meets all of its compliance obligations in regard to payroll services.

Whether it’s individual or commercial tax needs, financial advice or strategies to grow your business, the Quill Group has you covered!

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