How To Set Up Payroll For Your Small Business

Are you in the midst of setting up your payroll?

Running a business is not an easy feat, whether you are in charge of a large company or starting a small business.  If you are in starting a small business, one of the most important aspects is setting up payroll so that you can pay your employees and yourself.  In last weeks blog, we discussed general tips on how to operate and manage your small business’s payroll on a regular.   If you want to learn how to set up payroll for your small business, then follow these simple tips. Continue reading “How To Set Up Payroll For Your Small Business”

3 Small Business Payroll Tips

Learn how to manage your payroll properly.

Running a small business is not an easy task, especially one that is successful and improving on their profits on a yearly basis.  An important aspect of running a small business is setting up and managing your payroll services.  You want to make sure you are managing your payroll properly so that you avoid IRS penalties once tax season comes around.  Luckily, there are a few payroll tips you can follow Continue reading “3 Small Business Payroll Tips”

3 Ways To Improve Your Accounts Receivable Processes

Learn how to improve your accounts receivable process.

Running a successful small business is not an easy task and involves coordinating numerous elements.  An important part of running a small business is having consistent cash flow and improving it over time.  In order to achieve this, you need to have an efficient accounts receivable process, which includes having your customers pay you in a timely manner.  Luckily, there are a few simple ways to improve your small business’s accounts receivable processes. Continue reading “3 Ways To Improve Your Accounts Receivable Processes”

Do You Need Help Creating A Strategic Plan For Your Small Business?

Learn how to create an effective strategic business plan.

Any type of business needs to formulate a strategic plan when wanting to accomplish a task, especially when it comes to starting a small business.  If you are starting a small business, you may not have a steady revenue or customer base yet.  So, you need to create a strategic plan to get your business off the ground.  A strategic plan can become the groundwork of how specific procedures are run at your company.  There are a few vital steps you should include in your strategic plan for your small business. Continue reading “Do You Need Help Creating A Strategic Plan For Your Small Business?”

A Simple Guide to Financial Statements

Here is a simple guide to business financial statements.

An integral part of running a small business is analyzing your finances on a regular basis.  You need to stay up to date on important financial aspects of your business such as your revenue, expenses, and cash flow.  At PL Consulting, we specialize in putting together your financial statements and analyzing your financial position at the end of each cycle.  However, you still need to understand the basics of accounting when it comes to your small business.  Luckily, we have put together an overview of the financial statements you need to prepare.

Continue reading “A Simple Guide to Financial Statements”

Benefits Of Direct Deposit

Discover the benefits of direct deposit.

If your company is still using a paper check system, you might be making extra work for yourself and sacrificing efficiency. Over 82% of employers in the US use a direct deposit payroll system and accounts payable system, which often benefits companies, employees, and vendors alike. Payroll reports and vendor payment reports are still easily accessible. However, the overall workload of payment is significantly reduced.   Continue reading “Benefits Of Direct Deposit”

How To Gain New Customers For Your Small Business

Gaining Customers for a Small Business
Getting new customers for your small business can be challenging. Here are some tips to follow!

Growing a small business is not an easy task, especially since there is an ample amount of competition in today’s marketplace.  As a small business owner, you might have limited resources when trying to expand and improve your business.  However, your main goal should be to draw in a new customer base.  Luckily, there are a few simple tips you can follow if you want to gain new customers. Continue reading “How To Gain New Customers For Your Small Business”

3 Tips To Starting Your Own Small Business

Learn how to start your own small business.

As technology is constantly improving, you do not need a traditional office space to start a small business anymore.  Many successful small businesses are based online in the comfort of the homes of business owners.  However, starting your own business requires a lot of planning and research.  You want to ensure that your business idea will be something people will want to invest in and generate a profit in a timely manner.  Luckily, there are a few simple tips you can follow for those of you dreaming to start your own small business. Continue reading “3 Tips To Starting Your Own Small Business”

3 Tips To Improving Productivity Among Your Small Business

Learn to increase the productivity of your business.

As a small business owner, chances are you have a limited number of resources and a finite amount of time to accomplish tasks on a daily basis.  It is essential that you learn how to use your resources wisely to make a profit.  The key to having a constant stream of revenue and maintaining a profit for a small business is to be as productive as possible.  So, you need to learn how to use all of your employees wisely.  Luckily, there are a few simple tips to improving the productivity of your small business. Continue reading “3 Tips To Improving Productivity Among Your Small Business”

How To Organize Your Small Business

Learn how to organize your small business.

When it comes to running a small business, you want to be as productive as possible, especially if you are just starting out.  If you want to have a productive business, you first need to work on being organized.  The key is to create systems and procedures to allow for an organized work environment for all of your employees.  Luckily, there are a few simple tips for organizing your small business. Continue reading “How To Organize Your Small Business”