Buddy Punch compiled a list of ways for small business owners to set up and maintain a bulletproof payroll system from a collection of expert sources.
10 tips for managing payroll for small business ownersUpdated
Select appropriate payroll softwareUpdated
Create a payroll calendarUpdated
Hire a payroll administratorUpdated
Keep payroll and operating expenses in separate accountsUpdated
Never dip into payroll tax fundsUpdated
Document your payroll processUpdated
Develop a thorough timekeeping systemUpdated
Talk to employees about what works and what doesn'tUpdated
Keep employee info well-organized and secureUpdated
Keep up with state, local, and federal payroll rulesUpdated
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