Getting started
Getting Started
Incorporation + Legal
Banking
Equity Management
Bookkeeping
Payroll/ HR
Insurance
Payroll/ HR
Managing payroll effectively is crucial to ensure a smooth operation
- Choose a payroll system that can scale with you and is user-friendly
- Make sure you have an Employer Identification Number (EIN) and are registered with the appropriate state and local tax agencies
- Payroll can begin with just yourself, or when you hire your first employee
📖 Read Summary
- Managing payroll effectively is crucial for early-stage startups. Key aspects for founders to consider include selecting a scalable and user-friendly payroll system, properly classifying employees and contractors, ensuring compliance with tax and labor regulations, and maintaining clear communication with employees. By addressing these aspects, founders can build a solid foundation for their startups and support sustainable growth.
💸 Extra Resources
💫 Resources
Name | Exclusive Perk | Redeem Perk | On Deck Partner |
---|---|---|---|
6mo free | |||
30% off for contractors and 20% off on employees for the first 12mo | |||
2 months free |
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