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The U.S. National Archives & Records Administration states that 50 percent of businesses that lose their critical data for 10 days or more end up filing for bankruptcy. Since one out of ten hard drives fails each year, and hard copies of data can be just as susceptible to damage as the original, having your company’s important files stored with an off-site data backup service is simply good business sense. In the event of a disaster, whether due to human error, theft, fire, defective components, or a system crash, having a remote online backup of all of your important information ensures that it is always safe, secure and easily accessible. Remote online backup services have become more affordable and service providers are abundant. Many online backup vendors offer similar functionality but there are a number of variables, which can make selecting the right provider for your company a challenging task. This guide is designed to assist decision makers in determining the best remote backup ...
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For America's growing small businesses, the solutions offered by a VoIP phone system are worth taking note. VoIP is widely recognized for the tremendous advantages it offers small businesses in terms of cost savings and efficiency. With intuitive features that increase company productivity, and the ability to blend traditional PBX systems into a common platform, VoIP systems help small businesses accomplish much more while spending less.
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Like most tasks in a small business, there is more than one way to produce payroll each period. This white paper analyzes three options for payroll processing - manual bookkeeping, using in-house bookkeeping or payroll software, and hiring a professional payroll provider.
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Processing employee paychecks can be a time consuming and tedious task. Computations can be a maze of paperwork, transfers of funds to different bank accounts, employee savings accounts, and different government agencies. All businesses are required by law to pay certain employee taxes, and to provide end-of-year wage reports (for example, W-2 forms). These tax amounts can change when employee gets married, has a child, or elects to change exemption status for any reason, and the implementation of new regulations (for example, the increase in the federal minimum wage) usually requires immediate compliance. Filing late or error-filled documents results in expensive penalties and fees. Hiring a payroll company is the solution to many of these issues. A payroll service company is a business that handles a variety of payroll and paycheck processing issues. A payroll company can calculate tax amounts, process employee paychecks, and even generate job and project cost reports. Using ...
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Should you outsource human resources? The definitive answer to this question lies with you and your knowledge of your company and its needs. However, there are a few key factors that should be weighed when making your decision. This guide will cover some of the pros and cons you will want to consider as well as tips for getting started if you should choose to outsource.