small business Archives - Page 2 of 3

Establishing a Pay or Salary Raise Budget for Your Business

June 1, 2016 | posted by Abacus Payroll

payroll success setting a pay raise budget

Whether you need to plan employee raises in order to comply with the new overtime rules, or if implementing annual salary increases is part of your company’s compensation package, the following will advise you to think strategically about these higher labor costs your business is expecting to incur. After a year of successful business […]

6 Ways Extra HR Support Can Help Your Small Business

May 2, 2016 | posted by Abacus Payroll

Depending on a business’s size and budget constraints, an in-house Human Resources department may not always be realistic. However, having employees brings along typical HR issues that need to be addressed, including employment laws, benefits, employee retention, poster requirements, hiring, recruiting, and workforce relations. In addition, once you reach certain employee number thresholds, there are […]

Your Small Business Can’t Afford to Ignore Cyber Security

March 3, 2016 | posted by Abacus Payroll

There have been quite a few big brand name data breaches and I.T. security failings in the news lately. However, don’t think your organization is excluded because small businesses actually have more of a risk of becoming a victim. It is very important to take these cyber security threats seriously, instill precautionary measures within your […]

Pros and Cons of Shared Office Space for Startups

March 1, 2016 | posted by Abacus Payroll

Payroll for Startups Entrepreneurs and Small Businesses

Shared workspaces, co-working, startup incubator, communal meeting space, temporary offices, bring-your-own-business — Shared office space goes by many different names, but the concept is essentially the same. If you don’t have the funds and resources to rent a business location, there are popular companies today that allow you to share an office or a conference […]

11 Ways to Cut Small Business Costs

October 21, 2015 | posted by Abacus Payroll

Little adjustments to small business operations can make a big difference where it counts – the bottom line. But how can you make significant changes that impact your business’s bank account, without affecting the level of service or quality of product you provide? These cost-cutting suggestions are internal, back-end, and won’t have much effect on […]

4 Benefits of Electronic Timekeeping

September 10, 2015 | posted by Abacus Payroll

Benefits of Electronic Timekeeping Payroll Salary Wages

Time clocks are a necessary evil in the world of effective business. They provide an incomplete answer to a complex issue: how do you accurately and efficiently track employees and their tasks without impeding their progress and costing yourself valuable time and money in the process? Enter digital timekeeping software and apps. Based on […]

Should I Allow My Employees to Work from Home?

September 4, 2015 | posted by Abacus Payroll

Payroll FAQ: Allowing employees to work from home

Technology is changing the workplace. Twenty years ago, most small businesses required employees to commute to an office for an eight-hour workday. With advances such as cloud computing and high-speed internet, small businesses have more options. In fact, many small businesses are now permitting their employees to work from home via telecommuting. […]

Payroll for Restaurants, Franchises, and Tip-Based Businesses

| posted by Abacus Payroll

In a perfect world, all you would have to worry about was preparing great food and keeping your customers coming back. But the restaurant business, with its tip and shift work calculations, is far from that simple. Read more on Restaurant Payroll Challenges Experts in payroll for restaurants and […]

How to Know if the Fair Labor Standards Act (FLSA) Applies to Your Business

July 27, 2015 | posted by Christopher Cicalese, CPA

As your small business ramps up and you hire more employees, you may be subject to the Fair Labor Standards Act (FLSA), which designates rules regarding minimum wage, child labor, overtime pay, employee leave, and more. While you don’t want to be a tyrant of an employer who demands unrealistic hours for less-than-standard pay, it […]