Whether you are a new business just starting out, or looking to improve your current small business payroll process, there are a variety of options to consider. In addition, there are also a variety of tools and resources available to help you in designing - or re-designing - your payroll process.

Your Small Business Payroll Process Needs to Grow

It's important to run your payroll management process in a professional manner. Your employees are your most valuable asset and they deserve the best systems you can provide for them for payroll and to ensure a well-managed payroll process.

But the reality is, payroll can be one of the greatest sources of frustration, costly errors and oversights for a small business. Not to mention the potential for litigation or penalization from government taxing agencies such the IRS. Getting your payroll process right from the start, or re-structuring it now to ensure that it is functioning optimally, will be one of your most profitable investments.

Four Steps In Setting Up Your Small Business Payroll Success

Setting up and managing a payroll system does not have to be difficult. Any business owner or competent staffer can make this happen with a few guidelines and tools. The key is to get it set up properly from the start so that when your business grows and the number of employees expand, your payroll process is already on a good foundation.

Here are the four essential steps for setting up your small business payroll that are illustrated and explained in the infographic that follows:

(Image courtesy of Intuit) 

You Can Have An Efficient Small Business Payroll Process

Whether you commit to running and managing your own payroll process, or outsource some or all of it, knowing the basics is essential. One of the basics of building and running a successful business is knowing what to keep and what to outsource.

Although investing in the best possible in-house software systems for your payroll process is a viable option, another direction you might consider is outsourcing. And while this can be simply outsourcing one process such as your payroll, with a full-service provider such as Accuchex, you have additional options for outsourcing as well.

Let Accuchex help you in managing your HR needs, payroll processes, and staying on top of compliance demands. Get your Free Download: Payroll Outsourcing Guide to help you make an informed decision or call Accuchex Payroll Management Services at 877-422-2824.