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3 Smart Money Moves to Make Before Starting a Business

Success

Financial considerations for setting up your business—such as cash flow management and forecasting—should always be your baseline before going any further. Investors generally seek ownership, so though you might save on interest versus a loan from a bank, you might also have to give up some profits and control. So, where to start?

Finance 345
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In-Depth Guide to the Timesheet Approval Process

BMT Office Administration

It’s up to each department manager to review the timesheets their employees submit to ensure accuracy. For example, a solid timesheet approval system will help you stay on budget, and you can gain insights into your workforce’s productivity. Recordkeeping for legal requirements. Controlling costs.

Payroll 52
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Benefits of outsourcing HR for small businesses

BMT Office Administration

HR administration is an essential component of running a small business, but it’s often one of the most challenging to manage in the early stages of small business or start-up operations. This includes things like payroll administration, employee benefits , HR compliance, and talent acquisition.

Payroll 52
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What electronic record-keeping software best fits your needs?

BMT Office Administration

If you don’t have that document backed up in an electronic format, you may have just lost important company or employee data. Some electronic record-keeping software also allows users to set up alerts for when the retention period has ended. This makes it an appealing choice for small businesses on a budget. Saving time.

Filing 98
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The best timeclock options for small businesses

BMT Office Administration

When it comes to potential lawsuits, poor record-keeping is not a defense likely to hold up in court. From high-tech biometric readers to simple punch clocks, there are many options to fit your budget and preferences. The refills are typically not too expensive, but if you have a large number of employees they can add up.

Payroll 52
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5 Administrative Assistant Skills That Add the Most Value

Admin Awards

Terminology — Knowing the language of a particular business sector means an administrative assistant new to the company can keep up with and contribute to conversations in the workplace right from the start. Managers and executives also value assistants who know how to use accounting, payroll and HR applications. Budget perceptiveness.

Skills 40
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Should City Governments and other Businesses look to Virtual Services to Save Money?

Tips From T. Marie

It’s a rare occurrence when reading an article about a city budget makes me sad, but it happened just a few moments ago. But, he said, the city could use the payroll savings. After all, you don’t tell your attorney how to draft your legal documents right? especially in the current economy.