Making payroll can be a challenge for many small businesses, even if they’re bringing in enough revenue. By optimizing your payroll process, you can improve your cash flow, making it easier to pay employees each payday.with direct deposit, which transfers your team’s pay directly to their bank accounts.
With paper checks, your money is put into a holding pattern, since employees will deposit their checks at different times. While it may seem like a minor detail, direct deposit can help you better control your cash flow. that follows all state guidelines, and gives you and your team the most financial autonomy. An ideal pay schedule coincides with when you have cash coming in and allows you to pay your team as frequent as possible.
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Source: BusinessInsider - 🏆 729. / 51 Read more »