Don't Get Stuck With A Bad Payroll Company - Here Are The Best Small Business Payroll Companies!

You run your own small business and need some payroll help, but where do you turn? Should you do it yourself, hire an in-house person, or outsource to a small business payroll company? What does it even mean to outsource payroll? If you’re confused about your options, don’t worry - you’re not alone! This guide to the best small business payroll companies will help answer all of your questions so that you can confidently make the right decision and get paid on time every month.

Big business vs. small business payroll

There are a few key differences between big business payroll companies and small business payroll companies. For one, small businesses usually don't have the same budget as large businesses, so they can't always afford the high-end services that bigger companies offer. Additionally, small businesses often don't have the same number of employees, which can make managing payroll a bit more difficult. Finally, because small businesses are often run by a single person or a small team, there's often less paperwork and bureaucracy involved in getting things done.

What are you looking for in a payroll company?

As a small business owner, you need a payroll company that is accurate, efficient, and affordable. You also need a company that will work with you to ensure that your employees are paid on time and in compliance with all applicable laws. With so many payroll companies out there, it can be hard to know which one is right for your business. To help you make the best decision, we've compiled a list of the best small business payroll companies. Read more below to find out who made our list! 

-FusionPayroll: FusionPayroll offers a great service at an excellent price. The level of customer service was impeccable and we never had any issues getting assistance from their friendly staff. They have a wide range of options when it comes to setting up automatic payments or withholding taxes from employees' paychecks. We're very happy with our experience using FusionPayroll as our small business payroll company and highly recommend them! 

-Hireright: Hireright's reliable, efficient services at competitive rates won us over from day one. They're available 24/7 for emergencies like human resources inquiries or tax questions, so whenever we needed them they were ready to go above and beyond what was expected.

Hiring employees without payroll companies

One of the most important aspects of being a small business owner is ensuring that your employees are paid on time and correctly. The last thing you want is for your team to become disgruntled because they're not getting paid what they're owed. That's where small business payroll companies come in. These businesses specialize in making sure that your employees are paid accurately and on time, so you can focus on running your business. Whether you need someone to set up a system for paying your employees or if you just need help keeping track of their hours, there are plenty of small business payroll companies that can take care of this task.

Stay on top of your books with automated bookkeeping software

As a small business owner, you have enough to worry about without having to keep track of your finances on top of everything else. That's where automated bookkeeping software comes in. With this type of software, you can relax knowing that your books are being taken care of for you. And, when it comes time to do your taxes, you'll have all the information you need right at your fingertips. Not to mention, you'll save yourself a ton of time and headache by using automated bookkeeping software. So if you're looking for a way to streamline your business and get paid on time, consider using one of these small business payroll companies!

Protect your profits by using an accountant

As a small business owner, one of your top priorities should be protecting your profits. One way to do this is by using a small business payroll company. A good payroll company will help you save money on taxes and keep track of your employees' hours and pay. They can also help you with other financial tasks, such as bookkeeping and invoicing. To find the best small business payroll company for your needs, it's important to look at various options. Some of the things you should consider when choosing a small business payroll company are: 

- What type of accounting does the payroll service offer?

- How much does the service cost? 

- What's their customer satisfaction rating? 

- Do they have experience with your industry? 

- What types of tax filings do they handle?

How do you pay yourself as an owner?

As a small business owner, you have a few options when it comes to paying yourself. You can take money out of the business as profit, draw a salary, or pay yourself in dividends. If you want to maximize your taxes, then drawing a salary is your best option. It'll also protect your business from any potential lawsuits because you're less likely to take on risks that could lead to financial losses. 

If you don't mind losing some of the tax advantages, taking money out of the company for profits is another option. But if you're looking for an easy way to track everything, dividend payments are probably better for you since they come from after-tax income and are paid only at year's end. 

The key here is finding what works best for your needs and staying consistent with that choice. It might not be an easy decision but if done right, it'll save time and energy later on down the line.

What makes a good payroll company?

There are a few things you should look for when choosing a payroll company for your small business. First, make sure the company is compliant with all federal and state regulations. Second, you'll want to find a company that offers direct deposit and online access to your employees' pay stubs. Third, look for a company that offers features like time and attendance tracking, employee self-service, and robust reporting. Fourth, make sure the company can integrate with your accounting software. Fifth, find a company that offers competitive pricing. Sixth, make sure the customer service is top-notch. Finally, choose a company that is scalable so you can grow with them as your business grows.

How much does it cost to use a payroll company?

The cost of using a payroll company will vary depending on the size of your business and the number of employees you have. Typically, the larger your business and the more employees you have, the more it will cost to use a payroll company. However, there are many small businesses that use payroll companies and are happy with the service they receive. Here are some of the best small business payroll companies AplusHR is one of the most reputable payroll companies out there. They offer all kinds of services for small businesses including employee onboarding, compliance audits, professional development training and even software to help manage the human resources side of things. Their services start at $7 per month per employee or can be paid by hour as needed which makes them an attractive option for those who are just starting out. 

For those who are looking for a full-service HR partner or want some help getting started on HR processes, Human Capital Management Services (HCMS) offers payroll processing and has extensive experience working with clients in industries such as food manufacturing, engineering & construction, retail and healthcare.

Some questions to ask your potential payroll provider before you sign on the dotted line

1. How long have you been in business?

2. Do you have experience with businesses like mine?

3. What services do you offer?

4. What are your fees?

5. How do you calculate payroll taxes?

6. When will I receive my payroll reports?

7. Do you offer direct deposit?

Use these tips when hiring a payroll company for your small business

1. Do your research and read online reviews before hiring a payroll company.

2. Make sure the payroll company you're considering is reputable and has experience with small businesses.

3. Ask for referrals from other small business owners who use a payroll company.

4. Find out what fees the payroll company charges and if there are any hidden costs.

5. Make sure the payroll company can integrate with your accounting software.

6. Ask the payroll company how they handle taxes and employee benefits.

7. Get everything in writing before you sign a contract with a payroll company.