What Is The Best Payroll Service For Small Businesses
The best payroll service for small businesses is one that you don’t have to think about.
It’s a platform and service that you can essentially set and forget about unless it requires immediate attention.
Simply put, the best payroll service for small businesses is an automated platform run by a payroll specialist who knows everything about the task at hand.
In past articles, we’ve discussed comparisons between Gusto Vs. Zenefits and other payroll platforms.
In today’s article, we are going to talk about the benefits of utilizing Gusto in partnership with a payroll specialist because why not have the best of both worlds by completely eliminating a task from your busy to-do list?
Why Do I Need Both A Payroll Specialist And a Payroll Platform?
When starting out as a small business, you want assistance with daily tasks that will help you work smarter, not harder. That’s where platforms like QuickBooks, Gusto, Bill.com, and other accounting programs come into play.
They are designed to help businesses cut out hours of time performing daily tasks so that they can focus on growing their business.
However, these programs are useful on their own until you grow your business and find yourself ONLY working on those tasks, yet again. That’s why there are accountants, bookkeepers, CFOs, and more – they are there to handle the work when it becomes overwhelming or out of your knowledge wheelhouse.
Even marketing and sales programs that you used in the beginning will become more tedious as you grow and thrive in your business! That’s why jobs like sales and marketing coordinators exist.
If you’re in the right place to hire people to help with tasks in your business, a payroll specialist is a great place to start!
What Does A Payroll Specialist Bring To The Table That A Payroll Platform Doesn’t?
A payroll platform like Gusto is just that, a program. Even though it’s intelligent and advanced, it’s not human. A payroll specialist has intimate knowledge of the industry as well as tax and employment laws that ensure you stay compliant!
Your employees will be happy because they will get paid correctly each and every time, and you’ll have the price of mind that your most important asset (your employees) are paid correctly as well!
A few other benefits of having a payroll specialist on your team include the following:
- Minimized liability – This is due to their knowledge of labor laws, payroll taxes, overtime requirements, proper classification of employees, tax regulations, and more
- Saved time – Now that you don’t have to stress about managing payroll, you can use that saved time for other tasks that allow you to grow your business.
- Peace of mind – No more worrying about who is doing what and if it’s correct.
Want To Know More About Utilizing The Best Payroll Service For Small Businesses? See Redmond Accounting Today!
Even if your business is small and you have a handful of employees, a payroll specialist and an advanced payroll platform like Gusto can be extremely beneficial.
This doesn’t mean you have to scramble and figure out how to hire an in-house payroll specialist, either. It’s actually more beneficial to outsource to a virtual payroll specialist who works with you, not for you. You’ll save money and still have the same great connection you would have if they were sitting in the office across the hall.
And that’s how we can help! Here at Redmond Accounting, we are a 100% virtual and 100% paperless accounting firm that helps businesses all around the nation with their accounting and payroll needs. We have bookkeeping, controller, CFO, payroll, and accounting specialists on hand to partner with. Hire all of us or just a few of us; the choice is yours and depends on what you need in your business.
We also offer DIY setup and support, so if you want to start on your own, we set you up on the path to success!
To learn more about what we do, we encourage you to browse our services and continue reading our articles like our most recent, QuickBooks Online Vs. Quicken for helpful insight and tips!
To start a partnership and begin utilizing our services, schedule a consultation today.