When your small business has employees on staff, you need to pay them and go through a complicated payroll process during every pay period. If you miss your payroll deadlines, you’ll have disgruntled employees, and that’s simply bad for business.
Examine the root cause of your missed payroll deadlines. Are you missing them because you don’t have the cash on hand to pay your staff? That’s a sign of severe cash flow issues. Are you just missing them because you’re too busy with all of your other responsibilities? That’s an indication that you should outsource your payroll to a third party.
Examine the root cause of your missed payroll deadlines. Are you missing them because you don’t have the cash on hand to pay your staff? That’s a sign of severe cash flow issues. Are you just missing them because you’re too busy with all of your other responsibilities? That’s an indication that you should outsource your payroll to a third party.
