Presenting the top ten reasons for outsourcing payroll...
Running a business and processing employees' payroll is a lot of work. Next to profitability, a business owner's main concern is making payroll. Accounting, payroll processing and keeping current on complex tax rules and regulations is very time consuming. This tedious work leaves business owners less time to focus on the core of their business. Markwei Boye's payroll service does all the work involved in payroll processing so his clients can focus on operating a profitable business.
"Markwei Boye spoke to members of my real estate network; he explained why his service was invaluable to business owners," said Mark Maupin, a business associate and friend. Markwei shared his top ten reasons to outsource employee payroll service:
- Liability-A payroll service provider absorbs the risk; if they make a mistake, they absorb the cost.
- Taxes-IRS reports show that 1/3 of employers has been charged for tax-related payroll errors equating to billions of dollars in penalties; Markwei Boye keeps clients out of these situations.
- Affordability-Consider the cost of computer equipment, software and extensive training required to run payroll internally, not to mention the processing time that can be spent on revenue-producing activities for the business. A payroll service saves time and money.
- Profitability-Remember why you went into business in the first place; it wasn't so you could spend tedious hours calculating payroll and generating timely reports to the IRS. Outsource your payroll and get back to your business.
- Time-Business owners have better things to do with their time; getting paychecks out on time and generating timely reports and tax deposits to the IRS is a positive reflection of one's company.
- Accuracy-Payroll service professionals will see to the accuracy of handling all aspects of payroll processing. Even the simplest error can result in stiff penalties and unhappy employees.
- Privacy-It can be embarrassing and detrimental to the morale of a company when confidential information is seen by the wrong eyes; confidentiality is easily maintained with a payroll service when employees use direct deposit.
- Reporting-Keep records need and concise with a wide array of standard, easy to read reports.
- Flexibility-As business changes, so do payroll needs. Don't get bogged down with the nuts and bolts of personnel changes; leave that to the experts while you run your business.
- Professionalism-Outsourcing payroll processing enhances a successful image of your business while showing employees that your company is professional and secure.
Smart Business International, PLLC provides all these services at an all-inclusive rate; Contact them for a free consultation today.
Smart Business International, PLLC
Tax & Accounting Professionals
16250 Northland Drive
Suite 214
Southfield, MI 48075
Phone: 248.395.3388
Fax: 248.395.3389
Tax Savings Hotline: 1-888-271-3309
Email: info@smartbusinesspllc.com
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