After technical studies and doing your due diligence, you’ve finally decided on starting a franchise of one of your favorite brands. But of course, just like any other business undertaking, you need to have an established financial game plan before jumping right in as there are a lot of intricacies involved in the franchise business. Here are the things you need to know on how to fund the franchise opportunity of your dreams.

  Looking for the perfect payroll partner for your business can be a hit and miss. Eliminate that risk by planning ahead and knowing the crucial characteristics to prioritise when looking for a payroll service provider. Here are 5 points to help narrow down your list and make the best choice.

There is no one-size-fits-all payroll solution that would work for every organisation. Each one has their own requirements and practices, and that includes how much ‘control’ they want to have over managing their payroll.

What are you looking for in terms of finding the best payroll software for your business? Of course, there should be extra value aside from just automating salary calculations. Ultimately, it should make your life easier and worry-free, eliminating all the possible mistakes (and headaches) that manual processing brings, and taken up a notch by some innovative features.

  Traditionally, only large corporations have the luxury to outsource their payroll functions to a payroll service provider. But as systems continue to advance and industry players continuously innovate, this service provision has now been made available to businesses of all sizes and industries.

Once you have decided to outsource all or some of your payroll functions, it isn’t just ideal, but it’s necessary for you to still be completely involved in your payroll process. Payroll outsourcing services take the meticulous work off of your hands, however, the success of how it runs will rely on the relationship between your company and the payroll provider. To help ease the transition and overall administration of employee payroll and benefits, here are some best practices to consider: