Starting Your Own Company? Consider Outsourcing Services
If you are starting your own business, and hiring employees or contractors, you may be tempted to do everything yourself. There are plenty of options to assist with scheduling, general communication, and payroll, to help you do the job yourself, but here are the reasons why you might be better off using outsourced or online services.
Even if you’re a small business, with fewer than 20 employees or contractors, you can still save money by outsourcing your repeating tasks. It may not seem so at first, but if you add up the amount of money and time you spend , it could add up to more than you would spend to have an outside source do it for you. And as the primary driver of the business, your time is your most valuable asset.
What starts out as a simple print out of a Microsoft spreadsheet can quickly get out of hand as the number of employees increases. And with so many businesses engaging remote workers literally all over the world, that spreadsheet pinned to the bulletin board is well beyond its time.
Good scheduling software features the following:
- Prevent over-scheduling or under-scheduling
- Apps for use on employee and contractor smartphones
- Flexibility in setup and use
- Adaptable to your particular business needs
- Intuitive user interfaces
Beyond just keeping staff organized, scheduling software leads directly into payroll processing.
This goes along with reliability and workforce morale. For example, when you do your own payroll, you may have two options for paying your people: writing a check or paying through a service like PayPal. While both methods are fine, they are not without limitations. Some banks make people wait several days for checks to clear, and companies like PayPal could suddenly refuse certain transactions.
Payroll companies like corporate payroll solutions give you the option to direct deposit funds directly into a checking or savings account, or by loading funds onto a prepaid debit card, and you are less likely to experience transaction issues.
Ultimately, the decision on how you pay your people is entirely up to you. If you have fewer than 10 people in your workforce, you could be fine handling the payroll yourself. However, if you have more than 15, or you foresee growth in your future, you would do well to consider a payroll company. You’ll have more time to focus on more important things, you’ll stay on top of your payroll taxes, your workforce will be happier, and you’ll save money in the long run.
Getting everyone on the same page, figuratively and literally, can become challenging. Today, companies of all sizes are using collaboration tools in order to come together in one space, efficiently work on projects, and pave a smoother road for creating a far-reaching business.