Life is busier than ever. You feel it, your boss feels it… even your elderly neighbor down the street feels it. The need for (and societal acceptance of) a household employee, such as a nanny, housemaid or landscaper, has skyrocketed for working adults who want to maintain their sanity. But many don’t realize that along with this new helper comes a little side of stress: This person is an employee of yours, and therefore must be paid and taxed with the same accuracy that your employer pays you. This means foregoing “under-the-table” payment and getting smart about precise systems like nanny payroll.
Your nanny will thank you – not only for respecting her enough to take her seriously, but also for the employment history, unemployment benefits and contributions to Medicare and Social Security that a nanny payroll service gets her.
You may not have studied Human Resources in college, but this doesn’t mean you can’t nimbly navigate the nanny payroll system in five simple steps. Ready to treat your nanny right?
1. Keep track of hours worked
What do you know about the Fair Labor Standards Act? You should know something… because your nanny is protected by it. According to this law, any non-salary employee who works over 40 hours/week is due overtime pay, with the extra hours being worth 1.5 times the normal hourly wage. One exception, though: For live-in domestic workers, overtime is determined by the state.
Note: To help ensure accurate records across the globe, the U.S. Department of Labor created a smartphone app with GPS technology. Also, take advantage of a time and labor management system from your personalized payroll provider. Not only do these tools help keep track of hours worked in-house, but they prevent wage disputes. Win-win.
2. Establish a payment plan
Make sure you have payroll frequency figured out and agreed upon, whether it’s weekly, bi-weekly or semi-monthly. Establish with your nanny how many paid vacation and sick days she’s entitled to. Have her specify any particular holidays of importance to avoid future scheduling hiccups. Give your nanny the employment respect she deserves.
Note: The typical amount of paid time off for an employee is between five and ten days. Not included in these days, though, are any federal holidays (e.g., New Year’s Day, Memorial Day, July 4th, Labor Day, Thanksgiving and Christmas).
3. Take care of all required forms
It’s essential that you ask your nanny to complete both the I-9 and W-4 Forms.
I-9 (U.S Citizenship and Immigration Services) Form: Verifies the employee’s legality
W-4 Form: Provides the government with important employee taxation information like legal name, address, and Social Security number
Note: Both of these documents, along with a copy of the nanny’s driver’s license and Social Security card, should be kept in your records for at least four years after the employment is terminated.
Next, make sure you’re complying with federal- and state-mandated new-hire reporting practices to avoid any possible employee fraud and, if necessary, allow for accelerated child support programs.
Once you’ve completed these steps, the IRS will issue a Federal Employer Identification Number. You’ll use this for tax-reporting documents, like the W-2 and the Schedule H (1040) Forms.
Note: The forms and publications section of the IRS website provides information on deadlines for each of documents.
4. Learn the tax rules
Payroll tax begins with proper classification [links to: Payroll Services / Tax Services]. Put simply, anyone over the age of 18 who is employed by you (i.e., not by an outside contractor) is considered a household employee and is required to pay “nanny tax.” One exception, though: If the employee is 1) a direct family member, 2) under the age of 21 and 3) makes over $1,800 a year, she is entitled to pay Social Security and Medicare taxes.
Note: Social Security and Medicare taxes are 15.3% of cash wages and may be paid in full by you or split with your employee by withholding half in her paycheck.
Another tax note: If you pay over $1,000 per quarter to your household employee, you must pay unemployment tax, which is 6% of cash wages up to $7,000.
Last tax note: Check to see if there are any other taxes or insurances you are eligible to pay based on your state’s tax laws.
5. Ask for help
Overwhelmed, confused or frustrated? How about all of the above? No worries: Most people find nanny payroll processing to be intimidating at first. This is where you let payroll specialists help you out. This is where making your payroll personalized becomes a serious game winner for both your nanny and your peace of mind.
Note: Small business payroll outsourcing solutions are equipped with all the latest requirements you need, plus reliable customer service to make compliance light on stress and nice to your wallet. Can you afford a cup of coffee a day? Then you can afford one of these game-changing personalized payroll solutions.
Another note: Working with a personalized payroll company saves you 50 hours of time you would otherwise spend preparing tax returns, performing calculations and studying federal and state tax law requirements. That means more time to yourself, more time with your family and the peace of mind that you’re on good terms with the IRS. You don’t want to stare down a nasty fine or felony charge because you missed a step or forgot a form!
Found this article helpful? We’ve got more payroll tricks, tips and tools waiting for you. Fill out our online form to find your PrimePRO and get more insight into making payroll personalized and pain free.
With only a few weeks remaining in 2013, now is a good time to consider these financial strategies recommended by leading tax experts to boost your savings by the end of the year. Taking a few moments to plan your investment, savings and budgeting methods can also help you achieve specific financial goals for the upcoming year.
A classic year-end planning strategy is to review your charitable giving. Individuals may want to review their personal tax situation to see if accelerating gifts into this year or deferring gifts into January would be a wise move. Investors with taxable accounts may consider gifting shares of highly appreciated stock to avoid capital gains where appropriate.
Consider a Roth Conversion
You have until December 31st to convert money from a traditional IRA to a Roth for 2013. You’ll pay taxes on the conversion, but you’ll be able to withdraw the money tax-free from the Roth in retirement. Kiplinger recommends making a Roth conversion especially if your income was lower in 2013 than in previous years.
Tax Loss Harvesting
Consider selling under-performing stocks. If your total capital losses exceed your capital gains this year, you can deduct up to $3,000 of capital losses from this year’s taxable income. If you have over $3,000 in capital losses, the excess rolls over into 2014.
Contribute More to your Retirement Plan
If you have not turned 70½ and you participate in a traditional (i.e., non-Roth) qualified retirement plan or have a traditional IRA, you can reduce your 2013 taxable income by the amount of your contribution. If you are self-employed and don’t have a solo 401(k) or something similar, consider establishing and funding a plan before the end of the year. Also, keep in mind that your 2013 tax year contribution to an IRA or solo 401(k) may be made as late as April 15, 2014 (or October 15, 2014 if you file Form 4868). For 2013, you can contribute up to $17,500 in a 401(k), 403(b) or profit-sharing plan, with a $5,500 catch-up contribution also allowed if you are age 50 or older.
Open a HSA
If you work for yourself or have a very small business, you may pay for your own health coverage. If you set up and fund a Health Savings Account in 2013, you can make fully deductible HSA contributions of up to $3,250 (singles) or $6,450 (married couples). Catch-up contributions of up to $1,000 are allowed for those 50 or older.
Make a Capital Purchase
If you buy assets for your business that have a useful life of more than one year, for instance, a truck, computer, or furniture, those purchases are commonly characterized as capital expenses. For 2013, the Section 179 deduction can be as much as $500,000 (although it is ultimately limited to your net taxable business income). First-year bonus depreciation is set at 50% for most purchases of new equipment and software in 2013. It is uncertain if 2014 deductions will be as generous.
Don’t find yourself next January wondering what you could have done this year to improve your financial situation. A few short hours reviewing these items will be time well spent. As always, consult your tax professional to discuss the financial implications of any strategy for your specific situation.
It costs five times more to get a new client than it does to keep an existing one. Existing clients are often an untapped source of wealth that can produce savings of time and money for your business through referrals. It makes sense to keep them around as long as possible. But, how do you keep them coming back? 82% of consumers in the U.S. said they stopped doing business with a company due to poor customer experience. Clients stick around for just the opposite reason – a good or great customer experience. Making your clients feel welcome is an important component of a positive customer experience. Rest assured, modern technology combined with some old-fashioned good manners will place you at the top of the list in today’s competitive market. The good news – it costs next to nothing, and can be easily implemented with a little planning and coaching.
1) Smile in Person
The number one thing you can do to make clients feel welcome is smile. Even if you are stressed out, distracted or upset, put a smile on your face when clients come in. Putting the client’s needs ahead of your personal concerns is the hallmark of a true professional.
2) Smile on the Phone
It is often said that people can hear a smile on the phone. Positive energy is transmitted through your tone, inflection and rate of speech. Studies show that your mood elevates and your willingness to be helpful increases when you smile on the phone.
3) Office Appearance
First impressions are lasting and therefore critical. An attractive and neat reception area not only lets clients know that their comfort is a top priority, but that you are operating an efficient organization that they can trust with their business. A messy environment announces to others that you don’t care, which is not an attitude that will win anyone over. It says that you don’t take pride in or respect your business operation. Avoid blaming an unkempt office on being swamped with work. This reveals either a lack of time management skills or staffing resources, making it necessary for you to cut corners. To clients, that may translate into not having enough time to give their business your full attention. Speaking of paying attention, are the publications in your reception area relevant and current, or is the coffee table strewn with dog-eared copies of last year’s Good Housekeeping? Carry this concept beyond the front desk. Your clients’ experience begins before they ever set foot inside the door. Everything from the parking area to the rest room should be neat and clean. Making that little extra effort, like offering refreshments or relaxing music in the reception area, lets clients know that you appreciate them.
4) Greet your Clients
Acknowledge clients as soon as they walk in the door. If you can, address them by name. If you are on the phone or busy with another client, make eye contact and smile. As soon as you are able, greet them verbally with a high-energy handshake and a smile.
5) Take a Genuine Interest in your Clients
In his book “Swim with the Sharks", Harvey MacKay discusses the value of knowing little things about your customer that make him or her special. Find out the name of your client’s spouse and children. Ask about them by name. What activities does your client enjoy? If your client tells you he’s about to run his first 5K, ask him about it the next time you see him. Better yet, read about the results in your local newspaper and congratulate him on his finishing time! Did his son just lead his high school basketball team to the state championship? Drop the newspaper clipping in the client’s file and give it to him the next time he comes in. All of these small bits of information, when added together, give you a distinct advantage over your competitors by creating a unique bond with that individual.
6) Eliminate Distractions
Distractions such as ringing phones or interruptions from other employees can be annoying to a client. Find a quiet and private area for meetings and ask not to be disturbed. If you are a small business owner faced with dual responsibilities of reception and client meetings, silence the ringer and allow your answering machine to do what it was designed to do. Focusing on the client assures her that she has your undivided attention.
7) Give your Employees a Break(room)
Designate a private area for employee breaks. Do not allow them to huddle near the entrance, smoking cigarettes and sharing gossip. Offering your staff the same courtesies that you extend to your clients helps create satisfied employees who are willing to go the extra mile for your clients.
8) Create an Electronic Welcome
If you don't have a brick-and-mortar store, but instead own a web-based business, you can still make customers feel welcome when they come to your website. When visitors sign up at your site by leaving their email addresses, send a welcome email. Thank them for coming to your web page and explain what services or products you offer. Then invite them to come back to see you.
9) Keep Communicating
Once you’ve given your new client a proper welcome, be sure that you communicate with them regularly. Reply to each and every email in a timely manner and address each client by name. You may want to send a monthly or quarterly newsletter, announcements about events in your community, or technical tips. Invite client feedback by placing a survey link at the end of an article or blog post. Allow clients to comment on blog posts, and when they do, acknowledge them. In the reply, always remember to thank the guests for their comment. Their time is valuable, and showing your appreciation can make them want to come back. Another place to keep the conversation going is on social media. Let your clients know that you are paying attention to their concerns and that their opinion counts.
10) Say “Thank You”
Thank each and every client at the end of a transaction or communication. Let them know you value their business and that you want to see them again. They will be more likely to return, assured that their business is appreciated.
In short, follow the golden rule, "treat your clients like you would like to be treated". Be courteous and gracious and put the client first. Oh, and stop reading your texts during a client meeting.
Whether you’re the owner of a business or the person in charge and responsible for keeping it up and running, you know every decision you make has an effect on operations and profitability… one way or another. Order too much inventory? You’re left with cash flow problems and waste. Don’t keep a close eye on where your labor dollars are going? Both your top and bottom lines suffer. Discount your payroll processing decisions? Your business is definitely going to feel the crunch.
Running an efficient and profitable business is no easy task. There are countless strategies, obstacles and variables you have to take into account when making decisions. And if you’re like most professionals, payroll management is the cherry on the head-splitting sundae of business administration. But if you get it right? That makes all the difference. Not only are you able to pay your employees more efficiently, but you also give big-ticket boosts to your top and bottom lines.
Take back control with employee scheduling.
Whether you have five employees or 500 employees, a time and labor management system brings in huge benefits for your business. All-inclusive workforce solutions, those that include employee-scheduling tools in addition to the time-keeping and attendance-tracking features, help you seamlessly manage your labor costs. Knowing where your employees stand relative to overtime is a major struggle for many business owners when using their time and attendance system. By adding an employee-scheduling solution, you get insight into exactly how many hours each employee has already worked before allowing them to trade or add hours. Now the control is back in your hands… where it belongs.
Pump up your employee benefits with real value.
Don’t think employee benefits administration is a big deal for your business ? You’re not alone, but you’re also not correct. Giving your team access to a robust suite of employee benefits has a big-time material impact on your bottom line. Just like your customers, your employees are looking for real value. Benefits like 401(k)s and Pre-Tax Savings Accounts are among the most popular benefits employees set their sights on. Not only do these added benefits empower you with a strong value proposition as an employer of choice, but they may also provide favorable tax benefits for your business.
Make the most out of your outsourced payroll.
The best way to ensure you’re getting the most out of your payroll outsourcing is to meet with your personalized payroll provider and have them conduct a needs analysis for your business. Your payroll company should have a proven, step-by-step process that 1) identifies your current and future needs and 2) presents a plan that addresses both.
Found the above advice helpful? There’s more where this payroll wisdom came from. Reach out and get more insight into best practices for small business payroll administration.
Every business has competition, and most of us know that quality service is often the difference between keeping the customers you have and losing them to someone else. In business, all channels must be remarkable. You can have a great marketing plan and outstanding content, but if your service channel is lacking, holding onto those customers becomes more difficult. Providing great service begins with knowing just how well you are doing. You must find out what your customers need and where they think improvements need to be made in order to make changes.
How do you accomplish this? -- A customer satisfaction survey!
A few weeks ago, our Benefit Services department wanted to know how well their clients were being serviced. We took to Hubspot to create these custom surveys, and the results were fantastic.
“We were very pleased to learn that our clients are satisfied overall, and we received great ideas on how to improve their experience. Most of all, we learned that everyone wants to be heard. A few clients included specific issues or needs in their survey, and within a few minutes of submitting it to us, we had a PrimePay representative reaching out to offer assistance. These clients were so impressed that we read their response and took immediate action to take care of them” says Brooke Lanier from the Benefit Services department.
Below are 5 tips to involve your customers to create a better service experience:
1) Overall Ratings
To find out exactly how the account representative, manager or company satisfies the needs of the customer, create a ratings survey. We chose to have our customer rate via the following: Strongly Agree, Agree, Neutral, Disagree and Strongly Disagree.
If a customer is satisfied with the service you are providing, they will recommend your company to a friend or college. Using the same rating scale above, you can find out how your customers feel about recommending your business. If they strongly disagree, you know you have some work to do.
3) Areas of Improvement
It is important to always ask your customers where you can improve the service. This is one of the most important aspects of a survey. Knowing exactly where you can improve will help set goals within your department on changes you can make within the next quarter.
4) Client Retention
If you want to know if your customers plan on sticking around, just ask them! This type of question is great because not only can you see if your customers are happy, but if they plan on bailing, you can quickly reach out to see how you can keep them.
5) Customer Communication
Customers want to be heard. They want to know you care. If they are spending money on a service you are providing to them, make it easy for them to communicate. Here you can discover which method of communication they prefer, how quickly they respond to email, or whether they prefer to communicate via social media or live chat on your website. The easier it is for you customers to connect and get immediate responses, the more satisfied your customers will be.
Please keep in mind when conducting a survey, be prepared to take action on specific issues or needs. The most difficult part is owning up to any complaints you may receive. Your client will be impressed that you cared about their feedback.
When designing your customer satisfaction survey, be sure that it is no longer than 2-5 minutes. If the survey is longer, consider offering an incentive upon completion to boost the response rate. Ensure that the survey is visually appealing and easy to read. Choose a legible font and keep it black and white. It is not necessary to get creative graphically. Less is more when creating a survey, and your customers will appreciate how easy it is to complete. With the information you gather from an effective customer satisfaction survey, customer retention can be dramatically improved, and as a result, your bottom line.
Want more tips? Be sure to download our FREE "9 Steps To Growing Your Business" by clicking the image below!!
Networking is defined as a supportive system of sharing information and services among individuals and groups having a common interest. It is a skill that takes time and practice to master. If you are in sales or business development, you’ve been to networking events and likely belong to a networking organization. But, are you the professional who hands your business card to as many people as you can or are you the professional who takes the time to have conversations with other professionals who can help you succeed and vice versa?
So, I ask: Are you a networker or a seller at an event?
If done correctly, networking, combined with the use of social media, can be hugely beneficial to your sales quotas. There is an etiquette that should be followed at networking events and if you play close attention to the signals you receive from your fellow networkers, you can begin to establish a strategy that works best for you and your business.
Below are some tips to help you avoid a “hard sell” approach and become a networking pro!
1. Build relationships by establishing and maintaining contacts.
LinkedIn is a great tool to use to maintain contacts. Throw email out the door and start connecting more with people on LinkedIn. It’s less intrusive, a way to share your company’s relevant content, and helpful to all of those new relationships you are building.
2. Give something without expecting something in return.
This is an obvious statement without a lot of explanation needed, but it’s an important one. When we help others succeed, it builds a more substantial business relationship and also forms trust. It shows people that you aren’t just out for yourself and that you truly care about the relationship you have formed.
3. Be a connector.
Connect people who don’t know each other but who may benefit from meeting. This is a valuable networking tip that can produce major dividends. When you connect two people who benefit from meeting, they are likely to return the favor. Being a connector is probably one of the best ways to become a fantastic networker.
4. Do NOT walk into a room and be that Rolodex-builder and card passer-outer.
You can be a go-getter without being just a Rolodex-builder. The key to this is to network with professionals that make sense to your business. By grouping professionals into various categories, you can prioritize the information you share about your products or services. Modify your style of promotion for each group and avoid the “hard sell” to those who are not within your target market.
5. When introducing yourself to someone, say the name of your business first.
People are more likely to remember a business name than a person’s name. How many times have we heard “Oh, I’m so bad with names”?
6. Make people want to be around you.
Be fun and light. Don’t take things too seriously by being all business all the time. It’s OK to be a human being and have fun.
7. Networking is not about how many people you know, but how well you know them.
It’s better to have 10 close business contacts than 100 who barely know you. The more someone knows you, the more likely they are to connect you with others.
8. Always carry your business cards.
Remember, everything is a business networking opportunity. Never leave your home or office without business cards. Helping someone fix a flat tire could be a networking opportunity. Always have your cards handy.
9. Where are your targeted clients?
Find out where your targeted clients are and arrange to be there ready to network.
10. Stick with the winners.
Stay abreast of the local innovators and decision-makers. Find out who’s on your region’s top 40 under 40 list. Who are the key players among your area’s executives and Chamber members?
Surround yourself with people who will inspire you to greatness. There is a great quote to live by that many business leaders follow: “You’re the average of the 10 people you spend time with”. This quote can really benefit all areas of your life, not just in networking.
11. Work on building a network before you need it.
Connect with people outside of your comfort zone. Networking is a lot like marketing; it should never stop. Constantly market to the next generation. You don’t need to be a master at networking; you just need to make each connection count. People appreciate when you are genuine, share information, and connect them to others.
What are your best networking tips? Share your thoughts on this below or feel free to post your comments when sharing this blog! We would love to hear from you!
Be sure to tag “@PrimePay” if you tweet!
As the economy continues to sputter along, businesses of all sizes are straining to think of new and innovative ways to protect their brands and market value. Outsourcing your payroll processing services helps you overcome the economic challenges of our times by improving cash flow, lowering your operating expenses and providing that critical insight you need into your labor costs.
The market rallies, but confusion abounds.
Business leaders are struggling to make heads or tails of those ambiguous and contradicting figures we hear and read about every day: numbers regarding unemployment, details on underemployment and talk about marginal employment. There’s no doubt that we have access to more data than ever before, but even with all these facts and stats, it’s incredibly difficult to make informed decisions that keep your business alive (and thriving).
Understanding your business environment, competitors and market trends with intimate, in-depth knowledge is a full-time job… to say the least. Success lies not only in knowing what data points to look for, but also in having a sense of how those data points directly impact your business.
Payroll is not just about paying your employees for hours worked. Payroll management includes compensating your employees as well as withholding the appropriate amount of taxes for federal and state unemployment, social security, Medicare and other state and local taxes. Outsourcing payroll tax payments is an efficient way to manage cash flow.
Each pay period, your payroll provider debits your account for the appropriate amount of payroll taxes due for all taxing jurisdictions, and then submits those taxes on your behalf. Additionally, most states require a business to carry workers’ compensation insurance. Partnering with a personalized payroll service provider helps you secure your workers’ compensation insurance both affordably and efficiently.
Reducing your business operating expenses is another clear-cut way to leverage payroll outsourcing to overcome economic challenges. Have your personalized payroll company present an analysis of your total savings by outsourcing this recurring activity.
As you focus your time on business activities that generate revenue for your business, you’ll undoubtedly find that payroll administration simply doesn’t fit into the revenue equation. By partnering with a payroll provider, you translate those taxing hours you’d spend each pay period with payroll processing, into hours optimizing your business with premium customer service that sets your company apart.
If you’re smart (and sane) in this economy, you’re always looking for ways to reduce costs and overcome economic challenges. Real-time monitoring of hours worked and department expenses are amongst the many important data pieces you need to keep a close, diligent eye on. Making your payroll personalized with an outsourced provider opens the door to game-changing workforce solutions: a time-and-attendance tools that provide the crucial data you need to run a better business.
What does employee management mean to you? Here’s an example of what you should be looking for: PrimePay’s ReadySetWork solution. It gives you intricate insight into labor expenses during the scheduling stage, allowing you time to adjust work schedules and manage overtime payments. Knowing what to look for is one thing, but having the tools to manage those functions is the key to success.
Click on the button below to reach out and learn more about outsourcing payroll services and overcoming those tough economic challenges that are keeping your business from becoming its best.
So why are HSAs (Health Savings Accounts) an attractive alternative to the Affordable Care Act?
Let’s first break down what a Health Savings Account is:
A Health Savings Account is like a personal savings account where you and your employer can deposit money tax-free. This account is used to pay for approved medical costs. In order to have a HSA, you must have a high-deductible health plan. You own and control this account and the money that is put into this account is not taxed. The idea of these plans is to control health care costs and premiums. Typically, those that have high-deductible plans pay less in premiums and is more cost-effective to the employers.
6 Facts about HSAs that you may not know:
You own the account, even if you change jobs
You decide when you use your HSA money for approved medical costs
The money rolls over year-to-year
Save taxes in 3 ways – pre-tax contributions, tax-free savings & tax-free distributions for qualified expenses
High-Deductible plans do not kick in until the health care costs satisfy the deductible. Deductibles can vary, but begin at $1,250 (singles) to $5,000 (family), yet 100% of preventative services are covered regardless of the deductible, due to the Affordable Care Act regulations.
Your HSA is a true medical savings account. You can visit PrimePay’s Tools and Calculators page for more education on calculating your savings, HSAs and much more!
HSAs are expected to become more popular as more people enroll in the plan over the next few years due to the flexibility and low-premium costs. “According to a recent infographic from AHIP, enrollment in HSAs have increased from 3.2 to 15.5 million people from 2006 to 2013” said Steve Jackson, SVP of Strategic Development and Channel Sales at PrimePay. “The tax-savings, increased level of healthcare consumerism and the passing of the Affordable Care Act will continue to make Health Savings Accounts a valuable solution to combat the ever-rising costs of out-of-pocket medical expenses each year. Most individuals will realize a savings of 25% or more simply by utilizing this unique medical savings account. “
November 30th is officially “Small Business Saturday” – a day to celebrate small business and what they do for their communities. As we are inundated with Black Friday ads and the hustle and bustle of Holiday shopping, let us not forget that supporting small business is critical to the health of our local economy.
Did you know that small businesses make up 99.7% of all employers and employ nearly 50% of all private sector workers? Were you also aware that small businesses account for 64% of the new jobs in our economy? (A small business is defined as having 500 or fewer employees). It takes an incredible amount of hard work to stand the test of time, to adapt to change, and continue creating new jobs in our communities. In 2012, consumer spending on Small Business Saturday was estimated at $5.5 billion! This kind of support helps secure the future of the community you are currently living in and there are so many ways in which you can help! Sustaining strong small businesses is vital to the health of our country, which is why we are asking each of you to participate in Small Business Saturday!
Below are tips for shoppers and business owners. –Source: SBA.gov
Visit the Shop Small Map to find local businesses in your area that you can shop, dine and be entertained on November 30th.
Spread the love of your favorite local business on social media! Tell your friends and followers why you love shopping or doing business with “XYZ, Inc.”
Include local businesses in your holiday wish lists to encourage family and friends to also shop local!
Throw a party on November 30th with festive decorating, treats and candy, maybe even some champagne.
Treat every person who walks in your door like a celebrity. They will come back!
Hand out coupons and fliers to everyone who visits your location to attract more buzz for your SBS event.
Create “share-friendly” graphics for your social media accounts! Encourage your customers to share by creating a fun contest or offering coupons or BOGO deals.
If you are a restaurant or coffee shop, offer a discount if they show a receipt for a purchase at a local boutique or shop in your area.
Visit AMX Small Business Saturday to download free marketing materials, shopping bags and even a welcome mat!
Small Business Saturday is important to everyone in our local communities! So get out there this Saturday and help make 2013 Small Business Saturday the biggest one yet and be sure to share this article with your friends, family and business associates! Help spread the word of why shopping local is so important!
Shopping for a personalized payroll company is a serious challenge for small businesses. What to look for, what questions to ask, who to trust? These concerns, along with a host of others, saddle on the fear, doubt and uncertainty when gallivanting through the wearisome wilds of payroll providers .
No two businesses are the same. Your goals are unique to your business, your needs are subject to your circumstances and your preferences are contingent on your employees. So how do you set your sights on the right payroll services partner for your specific company? By asking the right questions and putting all crucial information on the table, you’ve got a confident decision on lockdown.
Here are three ways to help you communicate your specific needs and land the best payroll services provider for your small business.
1. PAINT A PRETTY [PRECISE] PICTURE
Provide a completely accurate overview of your company. How long have you been in business? How many employees do you have at present? How’s your growth rate and what are you shooting for in terms of expansion down the line?
2. LAY IT ON THICK
Give high-level insight into the products and services you're using today, especially the ones you must maintain. Be specific about how these products work. For example, if you offer direct deposit to your employees today and you plan on continue doing so in the future; then be completely clear about that. Furthermore, be sure to provide the intricate details about the process you use today to ensure that the prospective payroll service provider operates in a consistent and complementary way. For instance, ask when your account is going to be debited for direct deposit and tax payments/filing.
3. DISH OUT THE INSIDE SCOOP
Don’t be shy about your company’s unique employment situations, if any. Do you have a significant volume of part-time employees, seasonal employees and/or contractors? By offering up this information early on in the process, you increase the likelihood that the information you receive from a new payroll processing company is compatible with all your needs as 1) they exist today and 2) they evolve down the line.
Keep a close eye on how the payroll company’s sales person interacts with you throughout this search process. Are they listening and asking thoughtful questions, or do you feel like they’re simply following a script with a pre-determined product already in mind? The partner who makes payroll personalized – who asks, listens and custom tailors a solution based on your input – is the one you want handling your payroll management, employee benefits administration and HR systems.
Fill out our online form to learn more about payroll outsourcing with a partner who goes “beyond the payroll” for its clients.