Small business 211: Is Payroll Software For Me?

Payroll Software Helps You Battle the Recession

Casey Yang

June 03, 2009

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The answer is YES, if you are a small business owner, you hire people, you have payments to make, you need to deduct taxes from the paychecks and send the money to IRS.

1. Payroll Software Is Worth

As small business owner, you may have to take care of the payroll all by yourself. Many people like you who start their own successful companies are intelligent, have field experience and an entrepreneur spirit to get things done. However, when it comes to accounting, and in particular payroll jobs, they often stumble. Figuring out the income tax, 401K and insurance contributions in generating each payroll check can easily take an hour or more each week. Why not to save an hour to be better spent earning profits or at the very least having an extra free hour to enjoy life? Most of small business owners have to work from dawn to dusk 7 days a week, some even think about to work 25 hours a day if they could. An easy-to-use small business payroll software package to satisfy the payroll requirements can be just one way of making that small business payroll jobs more efficient.

The main advantage to small business owners who use payroll software is that it saves them time and money in a variety of ways - and that is especially true during these economic times.

2. Payroll Software Can User Friendly

You do not need to be a computer whizze or financial guru to use payroll software. Dr Ge, the designer of ezPaycheck, believed "Good small business payroll software was designed and engineered for ease-of-use by those who have only basic computer skills and little accounting know-how. It should be simple - stupid simple - so that small business owners can focus their time and energy on running their businesses, not trying to figure out how to run payroll software." So ezPaycheck payroll software from halfpricesoft.com always comes with sample database. Dr Ge said most of their users can print their first check in minutes.

3. Payroll Software Is Affordable

Most small business owners do not need complex accounting suite, which comes with lots features that you might not need to touch at all. You can easily find stand-alone small business payroll software on market that cost you less than $100 per tax year. Some companies even offer discount price for updating package when renew it next year.

4. Start Your Test Drive

If you are still not confident enough, you can go ahead and download such software from internet. Most companies allow user to user try such software free for 15 to 30 days.