Is it Cheaper to Outsource Your Business’s Payroll?

For any business, controlling costs is a big part of management responsibilities. But when does outsourcing tasks such as payroll versus doing them in-house make economic sense? A number of factors make this a more complex decision than meets the eye. Here are cost-savings considerations as well as other benefits that come with outsourcing your business's payroll. Dedicated Expertise Keeping up with the ins and outs of employment tax law is almost a full-time job. With a business to ru...

How Much Should You Pay a Payroll Service Provider?

Payroll is one of the most dreaded and complicated details of running a business. Not only is it important to ensure that each and every employee is paid accurately and on time, but payroll involves much more. The duties and responsibilities include updating vacation and sick pay, plus taking into account such details as withholding applicable local, state, and federal taxes, paying the company's share of taxes for each employee, and a list of other things. It's no wonder that most business owne...

Is Your Business Losing Money By Neglecting to Accept Online Payments?

Most consumers of today shop with plastic. They use either a credit or debit card on a routine basis. This is true whether shopping in a brick-and-mortar shop or shopping online. The acceptance of credit card transactions is an expectation. Any business that does not accept plastic is missing out on sales. Why Consumers Like Credit Cards There are lots of advantages to using credit cards when making purchases. Some cards offer reward programs such as cash back or frequent flier miles. Othe...

Ensure Your Business Isn’t Losing Money By Using the Right Financial Software

Perception and reality can be two quite different things when a business owner is trying to get a handle on the financial status of their operation. Tax time is too late to make the necessary changes to get a money-losing business back on track. It's only with solid data on a regular basis that the true picture of a company’s financial health can be created and analyzed so that any adjustments can be made. And the right financial software suite will give you accurate data and meaningful reports ...

United States Government Sees Financial Benefit of Green Building

Green buildings are becoming increasingly popular, and for good reason. Not only do they leave less of a footprint on the environment, they also result in huge overall savings. Even the U.S. government is taking advantage of financial benefits green buildings can provide. A perfect example of this is the United States Treasury building, which was built in 1836. Since the federal building received its green renovation that left it environmentally-friendly, operating costs have been reduced by ...

Mobile Payments: Just One More Way to Keep More of Your Customers

A variety of tasks and planning go into starting and maintaining a business. A small business owner must set up their business with products or services that will appeal to their intended market. Likewise, the business owner must attract consumers with professional web design, good communication skills, and a solid marketing plan. Once everything is up and running, there will be other items and tools needed to keep customers coming back on a regular basis. Loyal repeat customers are good for...

Top 5 Mistakes Small Business Owners Make with Credit

When running a small business, problems with cash flow can result in overdraft charges, bad debts, and even business failure. Despite these potential cash-flow problems, small business owners are still prone to making serious mistakes when giving credit to their customers because they have a problem implementing credit control procedures at their companies. Credit control is important for the success of any business, just as it is important to avoid mistakes that can put your cash flow in the ne...

Jeffries Expands: What Does This Mean for Them?

The global economy has been struggling for some time, with most sectors seeing substantial stagnation and/or contraction. As a result, investment has dried up in a large number of industries and nations. That's why when an investment bank decides to expand despite this sluggish period, it gets some attention. In June of 2012, Jefferies Group, Inc. officially announced its intention to expand its operations into Canada. To accomplish this, the company hired Steven Latimer to be Jefferies's Ma...

If Your Company Isn’t Accepting Online Payments, it Should Be!

No matter what type of business you have, you have competition. The Internet can be a true asset for your business, a tool that helps your business achieve success, or it can be the reason your business fails. The fact is, savvy business owners are wise to what the Internet has to offer. Besides just having an online presence, they stay on top of new and developing online trends and strategies. This includes much more than simply using the web as a way to spread the word about a brand. T...

9 Tips for Starting an Investment Banking Firm

For the right entity, the idea of starting an investment banking firm can be the beginning of a very lucrative journey. But not everyone is suited for this type of commitment. Although lots of money is part of the package associated with investment banking firms, working as an investment banker requires long hours and a never-ending enthusiasm for the industry. This passion must come from within because it is much more than a job--it is a lifestyle. Investment banking firms offer a wide rang...