Outsource Your Payroll

No business is too small to use a payroll service.
1 min read
Opinions expressed by Entrepreneur contributors are their own.

Even a company with fewer than five employees can benefit from outsourcing its payroll. But before you hire a payroll service, take these smart steps:

  • Check out the service's reputation. Ask for references from clients, accountants and bankers.
  • Ask about the specific services available. Some companies help with payroll deductions and direct deposits.
  • Make sure the service knows about all the federal and state government requirements and regulations. Good services give you brochures to keep you informed.
  • Rates are based on your number of employees and how often they're paid. It costs more to handle weekly payrolls than biweekly ones.
  • Still hesitant? You can handle payroll yourself with special payroll software, but then it's your responsibility to keep up with changing regulations.

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