7 Of The Best Small Business Payroll Companies to Consider When Starting Your Business
Best Small Business Payroll Companies - Starting a business is a challenge, especially when it comes to bookkeeping and accounting. There are so many things you need to think about right from the start, including finding the right small business payroll company! If this sounds like something that’s above your pay grade, fear not! Luckily, there are plenty of services out there that cater specifically to small businesses just like yours.
With so many different options out there, it can be hard to know which small business payroll company will suit your needs. To help you make an informed decision and find the best one for you and your business, we’ve compiled a list of 9 of the top small business payroll companies out there. Each one has its own set of pros and cons depending on what you’re looking for, but they all have one thing in common: They’re perfect for new businesses!
1. QuickBooks Online
QuickBooks Online is one of the most well-known brands in the accounting industry. Their small business payroll service is a great option for quickly setting up payroll, generating accurate payroll reports, and managing your tax deductions. Depending on your business type, you can also integrate payroll with tax compliance, multi-location management, financial planning, and more.
Plus, you can use the QuickBooks Online integration with Google to manage your business finances from anywhere at any time via your smartphone. QuickBooks Online also has one of the lowest pricing models on the market. You pay $12 per month per person (with a minimum of $60 per month for two people), which can make it a great option for new businesses on a budget. There’s also a 30-day free trial you can take advantage of to try it out risk-free.
2. Paycheck by Intuit
If you’re looking for a payroll solution that can help you manage your employees’ taxes, make tax deductions, and select benefits for your employees, then Paycheck by Intuit is the one for you. In addition to providing a straightforward payroll service, this app also makes it super easy to manage your employees’ taxes and find accurate deductions.
You can even use the app to pay employees directly from your phone. Paycheck provides an all-in-one solution for small business payroll, making it a great option for businesses at all stages. You can choose between a Basic Plan or a Premium Plan, each with its own set of benefits. The Basic Plan offers services starting at $13 per month per employee and the Premium Plan starts at $19 per month per employee.
3. FreshBooks
If you’re looking for a payroll solution that can help you manage your time and billing, then FreshBooks is the one for you. FreshBooks is cloud-based accounting software that is great for small businesses in every stage of growth. It comes with many tools to help you manage your time and billing, including a time-tracking feature and customizable invoices.
In addition to helping you manage your finances, FreshBooks also makes it easy to set up small business payroll. You can choose between two different plans: the Bronze Plan and the Silver Plan. The Bronze Plan starts at $34 per month for three employees and the Silver Plan starts at $39 per month for three employees.
4. Coin
If you’re looking for a payroll solution that is simple and straightforward — and is designed specifically for small businesses — then you should consider Coin. The Coin is a mobile app that makes it easy to set up and manage payroll and employee taxes. It also comes with a scheduling feature that lets you create shift schedules and a communication feature that lets you send digital paystubs to your employees.
The Coin also has an employee onboarding feature that helps you with hiring and an analytics feature that gives you insight into your employee demographics. Coin’s Small Business Plan starts at $49 per month for two employees and includes payroll tax assistance, W-2 generation, and direct deposit.
5. Gusto
If you’re looking for a payroll solution that is designed to handle all of your HR needs, then you should consider Gusto. Gusto is a payroll and HR solution designed for small businesses. It comes with the ability to manage your payroll taxes and deductions, onboard new employees, and facilitate a seamless payroll process.
Gusto also comes with a wide range of benefits, such as a 24/7 customer support line and a suite of integrated apps and integrations such as EHR, Cigna, and Zenefits. Gusto’s Small Business Plan starts at $39 per month for three employees and includes payroll tax assistance, W-2 generation, and direct deposit.
6. Automatic Inc.’s Easy Audit
Automatic, Inc. is a popular app that has been around for years and is great for tracking your expenses and income. Its Easy Audit feature is a great solution for managing your payroll taxes and processing payroll deductions. It has integrations with many different payroll providers, making it easy to set up and use.
Automatic’s Easy Audit also comes with several helpful tools, including the ability to audit your expenses, advise employees on their taxes, and send digital W-2s. Automatic Inc.’s Easy Audit starts at $99 per month for two employees.
7. SumUp
If you’re looking for a payroll solution that is designed to help you collect payments from your customers, then you should consider SumUp. SumUp’s payroll service lets you make payroll deductions and process payroll deductions. It also comes with integrations with QuickBooks and other payroll providers, making it easy to set up.
SumUp’s payroll solution is also designed to help you collect payments via card reader, mobile app, and online payments. SumUp’s Payroll Plan starts at $29 per month for one employee and includes tax deductions, direct deposit, and the ability to collect payments. We hope this list has helped you find the perfect payroll solution for your business. Starting a business can be challenging, but with the right tools and resources, it can be less stressful and more rewarding than ever before!