What is the best way to open a payroll company for small businesses?

By Brad Sugars

Opinions expressed by Entrepreneur contributors are their own.

What's the best way to open a payroll company for small businesses?
<P>The best way to open any business is, obviously, with a big order from a big client on day one.</P>
<P>Assuming most people will never have this, write a plan, raise the funds, hire the people, and go to work.  In your case, of course, your software will be paramount to managing growth and success.</P>
<P>Make sure you not only have a good system for running the business, but also a great system for marketing and selling new customers.  Marketing and sales are generally the most overlooked areas for new business owners.</P>
Wavy Line

Brad Sugars is the founder and chairman of ActionCOACH. As an entrepreneur, author and business coach, he has owned and operated more than two dozen companies including his main company, ActionCOACH, which has more than 1,000 offices in 34 countries.

Editor's Pick

A Father Decided to Change When He Was in Prison on His Son's Birthday. Now His Nonprofit Helps Formerly Incarcerated Applicants Land 6-Figure Jobs.
Lock
A Teen Turned His Roblox Side Hustle Into a Multimillion-Dollar Company — Now He's Working With Karlie Kloss and Elton John
Lock
3 Mundane Tasks You Should Automate to Save Your Brain for the Big Stuff
Lock
The Next Time Someone Intimidates You, Here's What You Should Do
5 Ways to Manage Your Mental Health and Regulate Your Nervous System for Sustainable Success

Related Topics

Business News

Pete Davidson Says He's 'Figuring It Out' After Buying a $280,000 Boat While 'Very Stoned'

The former "Saturday Night Live" star purchased a used Staten Island Ferry with Colin Jost in January 2022.

Business News

After Being Told They Could Work From Home Forever, Employees Made Major Life Changes. Then, a New CEO Ordered Them Back to the Office.

Farmers Group CEO Raul Vargas is facing backlash for the change, but he says being in the office brings more "collaboration" and "innovation."

Business News

Uber Eats Deliveries Are Flooding a Los Angeles Neighborhood — Except No One Knows Who Placed the Orders

Residents of L.A.'s Highland Park neighborhood are once again the target of dozens of unsolicited Uber Eats orders. The "annoying and somewhat disturbing" mystery is gripping the city.

Science & Technology

Is the Future of Work a Utopia or a Dystopia? Here's What You Should Know.

Let's discuss the trends in managing distributed teams and what the future of work may look like.

Growing a Business

6 Unconventional Growth Tactics to Generate Immediate Ecommerce Revenue

When you're short on making payroll, these tactics can help put immediate cash in your pocket.

Business News

Uber Launches 'Carshare' Service in North America Amid Expanded 'Go Green' Initiatives

The company first launched its car-sharing service in Australia last year.