One of the biggest responsibilities for a business owner is making payroll. The success of your business depends on your ability to pay your employees and pay them on time. For any business, making payroll and ensuring you are always on top of it can be difficult. This is especially true for smaller companies looking...
One of the most important promises that small business owners make is to pay their employees on time. Covering payroll may not always be simple, but it's vital to the business's well-being because employees who get paid late don't stick around. However, when cash flow is low or irregular, you're bound to have trouble issuing funds...
STAT: 50% of small businesses fail within 5 years. Most small businesses fail. Why? How to avoid the same fate. Data from the Bureau of Labor Statistics show that approximately 20% of new businesses fail during the first two years of being open, 45% during the first five years, and 65% during the first ten years. Only 25% of...
Stony Brook Academy, a special needs school in CA, was late with their billing this March due to COVID-19 staffing problems, they were faced with empty bank accounts and a big problem. They were short $118,000 for upcoming payroll, and they’d only get the funds needed in a month. Pressure was mounting. They were faced with a...
Here are the success stories of the Payro Finance. Check them out and ensure the salary for your employees are never delayed....
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Have you been trying to figure out if payroll financing is right for you? There are thousands of businesses across the country which are in the same boat. It can be difficult to figure out if you should work with a payroll financing company to meet your business obligations. But there are some important signs...
Worrying about payroll can take up a lot of your time. After all, if your employees aren’t getting paid, they are probably going to start look elsewhere for their employment. That’s bad for business. Payroll issues can force you to divert a lot of time and effort away from improving your current products and services...
There are plenty of ways that you can measure your company’s health. You can measure your net income. You can measure overall productivity. You can measure customer satisfaction. But one of the key metrics for evaluating the health of a business is actually employee satisfaction. When you have happy employees, they will be much less...
Retaining talented employees is absolutely critical for the success of your small business. These employees are hard to find, and increasingly expensive to replace. Keeping your payroll running smoothly will ensure that your employees stay happy in their jobs. But if your employees are not getting their paychecks on schedule, they may start to look...