For any size organization, a cloud-based payroll system is an integral part of accounting efficiency. It will also be a surefire way to safeguard your payroll process from common mistakes that have plagued management and employees alike. Specifically for small business payroll, a switch from an older accounting system can skyrocket efficiency and boost employee morale. [Read more…] about Using Cloud Payroll Systems to Help your Business Grow
small business management
Having the right kind of insurance is important to a business’ future success. You know that your property has to be insured, for example, and you might already know the importance of health insurance. You should also have some kind of liability insurance to protect your business. One of the most important types of insurance, though, is that which protects your employees. Workers’ compensation insurance is important for businesses of all size, even if some small business owners aren’t aware of how vital it can be to their operation. Once you understand how this insurance works, you’ll never want to operate without workers compensation for small businesses again.
Good business leaders always look for ways to improve their skills. Whether it’s attending seminars or having lunch with a mentor, gaining new insight can be the difference between business failure and success. If you’re looking for a great way to add a little muscle to your leadership style, you may want to take a look at some of the best books on leadership that are currently on the market.
Having a good point of sale system is vital for running a restaurant. So too is being able to keep your books balanced. Unfortunately, it can be difficult to figure out a way to integrate your POS system and Quickbooks without breaking the bank. There are a few POS systems that integrate with Quickbooks well, though, if you know where to look. Discovering them can help you to guard your restaurant’s bottom line without having to sacrifice your ability to get the financial data you need. Affordable POS systems can help to make sure your restaurant runs just a bit more smoothly.
When you’re starting off as a small business in any state, one of the biggest concerns you may have is the tax rates for small businesses. Depending on where your company resides, you may receive different tax rates which will affect your tax return and your budget for the following year. This is also something crucial to consider if you have yet to choose a state that you’ll open your small business in. Here are the best from the worst states to open a business in based on their tax rates alone: