Taking the Pain out of Payroll

Apr 3, 2021

Taking the Pain out of Payroll

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As a small business owner, you’ve always followed your entrepreneurial dreams. This noble pursuit requires you to sacrifice time, money, and sleep. You elevate your goals to a place of ultimate priority, then work tirelessly to bring them to life.

But owning a business is hardly a solo pursuit—it also puts you in a position of responsibility. You’re tasked with serving your customers and helping to meet their needs. And if your business has employees, you’re also responsible for making sure that they’re paid on time. It’s a far-reaching duty: the money you pay your employees translates directly into supporting their families and loved ones.

“You know, in the beginning when your first payroll comes up and you have to borrow money to meet the payroll, you lose sleep the night before, and you say to yourself real fast, ‘Well, maybe I should keep working a couple more years,’” television producer Bill Kurtis once recalled. “It’s sobering.”

But you didn’t begin this journey just to bail out when things get tough. You’re going to scrape and claw in order to meet payroll—and that tenacity will ultimately help your business to succeed.

About the Author

Grant Olsen

Grant Olsen

Grant Olsen is a writer specializing in small business loans, leadership skills, and growth strategies. He is a contributing writer for KSL 5 TV, where his articles have generated more than 6 million page views, and has been featured on FitSmallBusiness.com and ModernHealthcare.com. Grant is also the author of the book "Rhino Trouble." He has a B.A. in English from Brigham Young University.

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