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Tag: Payroll

PAY YOURSELF ENTREPRENEUR

October 8, 2019
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SMALL BUSINESSES & PAYROLL…..PT 2 Why, NOT paying Yourself, Business Owner is a Problem! Payroll can be a problem.  Most payroll companies are equipped to serve larger companies.  However, everyone needs payroll.  Some small companies opt to pay people without tax deductions; that’s a tricky and could be costly fix for the company as well as the employee; not to mention potential legal issues that this type of practice can cause for the company.  Additionally, as the owner of…

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SHORTCUTS IN BUSINESS…….HMMM THEY CAN BE COSTLY

August 16, 2019
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I often find myself in talks with people about business, entrepreneurs and the success of business people.  Most people tend to think that entrepreneurs have shortcuts, secrets to their success.  They rush off to seminars trying to figure out the secrets and of course looking for the shortcut!  I’ve said it before, but it bears repeating, “the thing about shortcuts is that one is never enough” ~ Kimberly Davis Shortcuts taken anywhere eliminates the knowledge that only process can…

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PAYROLL, A THORNY ISSUE; REMOVE THE THORNS

August 14, 2019
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PAYROLL, A REAL THORNY ISSUE “While good business ideas are plentiful, many entrepreneurs struggle to understand payroll taxes, health care and other thorny issues… In other words, they don’t have the financial literacy to scale their businesses and attract investors.”    THIS QUOTE WAS TAKEN DIRECTLY FROM Shark Tank Entrepreneur, Daymond John and Founder of FUBU, titled the Number 1 thing Entrepreneurs need.   This, is definitely one of my favorite quotes and one I use often to promote my business. …

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ASKING FOR MONEY…PART 2; WHAT’S UP WITH THAT LOAN?

July 25, 2019
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ASKING FOR MONEY PT 2 THE LOAN PROCESS I’ve mentioned money quite a few times and will mention many more, it’s my business to talk money!  I’ve also discovered the more I discuss money, the more I learn!  Money is a subject that is vast.  Understanding how to use it, when and where to place it for the best returns is ever changing.  Interest rates aren’t the same, saving accounts aren’t one type fit all! As a business owner,…

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THE ‘THORNY’ ISSUE OF PAYROLL WITH SMALL BUSINESSES!

May 9, 2019
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PAYROLL, A ‘thorn’ in the flesh for a Small Business Owner…..that Elite Expert Can Remove! I’m probably going to quote this until the cows come home and for me it never gets old; “While good business ideas are plentiful, many entrepreneurs struggle to understand payroll taxes, health care and other thorny issues… In other words, they don’t have the financial literacy to scale their businesses and attract investors.”    THIS QUOTE WAS TAKEN DIRECTLY FROM Shark Tank Entrepreneur, Daymond John…

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The devil is in the Details

March 28, 2019
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I absolutely hate talking about the ‘enemy’, however this phrase is cliché and truth! While the big picture is always or usually where most people focus, set the goals and aim their dreams. The smaller details are overlooked and under-valued, however it is in the details where things fall apart, where hopes are destroyed, dreams deferred, businesses loss and entrepreneurs become employees again. I’m not a fan of the seminars that hype people up, about the potential of what…

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IT’S A MATTER OF YOUR VIEW; Doing it All isn’t soo glamorous!

March 4, 2019
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IT’S A MATTER OF YOUR VIEW BOOKKEEPERS SERVE PURPOSE Entrepreneurs never enjoy a person telling them what to do or how to do it; it’s the reason that they went into business for his or herself.  One of the first lessons most entrepreneurs adopt from the companies that they work for is regulating overhead.  Rather than immediately hire people, the entrepreneur plays all parts in the beginning and rightly so, however, how long is the beginning?  What’s the plan…

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CONSULTING IS DESIGNED TO MEET YOUR NEEDS ENTREPRENEUR

February 12, 2019
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Elite Expert Business Solutions offers solutions to the dilemma’s, challenges and business problems.  Those services are provided through bookkeeping, payroll services, human resource services and consulting. There have been several potential clients that while they understand bookkeeping, payroll and maybe human resource services, find it difficult to accept or add the consulting to their package. It can be better explained in this manner: “While good business ideas are plentiful, many entrepreneurs struggle to understand payroll taxes, health care and…

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HUMAN RESOURCES, A JOB WITHIN A JOB!

October 29, 2018
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HUMAN RESOURCES IS A BUSINESS WITHIN ITSELF People who do their job well make it look real easy.  I think on every level there is a misconception of duties, job expectations and the difficulty of the task completed.  Managers tend to feel and assume that workers are always goofing off, that for some reason all employees are lazy and require task masters to remain focus.  Employees think that most managers are ignorant, arrogant, self-absorbed, lazy, and do nothing.  WOW?…

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FINANCIAL LITERACY INCLUDES HAVING VISION!

October 15, 2018
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VISION IS CRUCIAL! FINANCIAL LITERACY INCLUDES HAVING VISION! “The only thing worse than being blind is having sight and no vision”.  ~Helen Keller   This quote is phenomal.  I heard it again the other week as my Pastor began his sermon and little did I know I would experience this quote to the fullest.  As an entrepreneur, I work primarily with other entrepreneurs.  To have the desire to start and operate your own business is not an easy task and…

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