Business Tips

2016 Workplace Trends That You Should Know

workplace trends changes in 2016

Apr 12th, 2016 by TRAXPayroll

Workplace trends can have a significant impact on office life. While in the past, many large corporations served as industry trendsetters, a growing number of smaller enterprises are making their mark in recent years. 2016 is the year in which more changes will become visible in the workplace, and it can be helpful for both employees and their employers to become familiar with them.

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Growing Your Business With Freelancers

grow business with freelancers

Feb 9th, 2016 by TRAXPayroll

Many companies turn to freelance workers, especially during peak seasons such as the holidays. They can save money which can be used to recruit more employees once a portfolio of customers has been established. However, incorporating freelancers into your organization requires procedures which are distinct from those that are used to hire employees. Your goal is to ensure that your interests are served from the relationship, the roles between you and the freelancer are clarified, and that taxes and other legalities regarding the contractor are met.

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How To Succeed In Launching A Wellness Program For Your Workplace

wellness program boosts productivity

Jan 14th, 2016 by TRAXPayroll

The health and wellness of employees will directly impact the organizations they work for. Therefore, employers should consider the implementation of a wellness program. Creating such a program has numerous benefits, such as improving employee participation and making employees feel that the company goals are compatible with their own.

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5 Ways Every Small Business Can Benefit From A Business Blog

setting up a business blog

Jan 5th, 2016 by TRAXPayroll

When the concept of blogging arrives initially, many business owners across different industries wonder if the task is worth the effort. In fact, operating a business blog can be a great way to promote your products and services cost effectively online. The search engines, especially Google, like blogs that are updated regularly, and will reward you with lots of targeted traffic from people who are looking for the products and services you provide.

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Top Mistakes To Avoid When Starting A Small Business

mistakes to avoid in business

Dec 24th, 2015 by TRAXPayroll

Research shows that 80 percent of small businesses that have just started out fail within the first 5 years, and this is often because the owners make costly mistakes which wipe out their capital. When you launch your small business, it is important to be mindful of the many pitfalls you’ll encounter, that way you will increase your chances of success. Below are the top mistakes that every business owner should seek to avoid:

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Is It Good To Mix Your HR Software And Accounting Software?

accoutnting and HR software integration

Oct 13th, 2015 by TRAXPayroll

Every company requires some form of accounting software to manage their expenses and also to determine profitability. With the availability of accounting software, companies can benefit from automating their accounting systems as opposed to the traditional reliance of manual spreadsheets and paper systems. While many companies kept HR software and accounting software separate in the past, many companies are now starting to realize that there are benefits if they integrate the software programs together.

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Need Help To Get Your Invoices Paid On Time?

avoid late invoices

Sep 17th, 2015 by TRAXPayroll

Every business owner understands the pains of getting paid a tad too late by a client. In fact, receiving late payments from clients over a prolonged period of time can even shut your doors permanently. Consistent cash flow is crucial to the survival of any small business, thus every effort you put to keep it steady will help in the long term. Here are some useful tips to get your clients to pay their invoices on time.

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Why Should You Consider An Online Accounting System For Your Business?

online accounting system

Aug 18th, 2015 by TRAXPayroll

Technology has made things easier for businesses and there is no doubt about it. The question is if you are implementing essential technology in your business, and availing the increased convenience, efficiency, and time saving features. The fact is, those are gains you do not want to pass up.

Emails make intra-company communications easier, and enterprise project management software tops out emails when it comes to communicating with project members. Similarly, in accounting, there is an awesome piece of technology that is making the rounds. And we are talking about a cloud-based accounting system. Such a system comes with rich features and if you’re not using one already, there are very good reasons why you should. These reasons include:

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