PEO’s or Professional Employer Organizations are companies that specialize in one thing – managing business processes that are not core to your business. There are only so many hours in the day and only so many years in your life and you want to spend that doing what you do best. We all know it. And we know that it’s the only way our company will really grow and make a brand name for it.
The next time you complete a project around the home, dedicate one specific space for debris and waste. Proper disposal of construction trash can be expensive, so making arrangements before you begin is essential to finishing your project on schedule.
Not only will outsourcing save you time and money but you reap the benefits of a higher return on investment. You can’t be an expert in every facet of your business. If you aren’t good with numbers, don’t frustrate yourself by trying to attempt affordable payroll.
Spending over $200 at the grocery store to save $30 is similar to deducting mortgage interest expense off your U.S. Federal Tax Return. You spend a dollar on your home to save 30 cents (or whatever tax bracket you’re in…28%, 30% 33%, 35%, 45%…) on the tax deduction.
John Belushi’s rant after the guys from Delta House are expelled is classic. I hate to admit it but this quote has become so ingrained in payroll jobs my mind over the past thirty years that I have to stop sometimes and remind myself that the Japanese bombed Pearl Harbor. Regardless, it’s still the line I use most often when I’m in a group that has become demoralized about their chance of success (in business, sports, politics, or relationships) and it never fails to lift our morale.
Spruce up your bathroom in a flash, without spending a small fortune. You can easily liven up the space with a new shower curtain, towels and a new bath mat. This will instantly give your bathroom an updated look. Plants are an easy way to bring some life into a bathroom, just be sure you choose plants that are tolerant to low light and high humidity conditions.
Take clothes that are gently used to a consignment shop. Consignment shops will sell your clothing for a percentage of the sale. Consignment shops accept clothes by season. They also have other requirements you must meet such as clothes must be ironed and on a hanger when you bring them in. Call your local shop to see what time of the year they are accepting apparel for.
One evolution to hit the payroll market in the last few years is the concept of a paperless payroll. No longer are you needing to print paper checks, receive FedEx or courier packages containing your payroll reports and checks. The employees can log into an employee portal and view their pay stub, accrual history, tax setup, company contact information and also get new paperwork. This feature saves time, money and even saves some trees. So once you have decided on your reasons for the change then it is time to look at the potential suitors for your business? With the rapid growth of the internet, payroll processing has moved away from a wide moat business to more of a commodity product.