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ATPP saved us money and beat the other guys with their personalized service. We’ve tried the national services and ATPP beats them on every front. Thanks ATPP.
I have worked with ADP and Paychex over the years, and my experience with ATPP has certainly been the best by far. Your employees have been a pleasure to work with; my questions or situations have always been resolved to the fullest. I feel confident when there are changes in federal, state, or local laws that affect payroll; you are always on top of everything.
Every payroll service we have tried is the same UNLESS there is a problem to deal with. We were having the same issue with multiple providers until ATPP stepped in and solved it once and for all. They actually have a live person to talk to each time you call and the payroll specialist knows my name. They are truly the best!
In a nutshell, ATPP is our partner in payroll. The staff is professional, courteous and friendly and always there for you no matter the question comes up. We have tried the online payroll providers and the big providers and no one beats ATPP in service.
We have been using ATPP for over 7 years. We have tried ADP, Paychex and on-line services—ATPP is far superior in service and cost. I highly recommend them to all business owners looking to improve the bottom line and get better service. They are the best! Thanks ATPP!
Having ATPP has made my job a lot easier. Your staff has always been willing to go above and beyond to keep us satisfied. Your representatives are professional and friendly and know the payroll business inside and out.
We started using ATPP in 2003. We immediately loved their customer service. I would never speak to a machine like a lot of other payroll companies, we always spoke to a representative. I’ve recommended them to other business owners that I know because they have made payroll for us seamless and stress-free.
As former IRS tax attorneys we wouldn’t trust our own payroll to just anybody. We’ve seen firsthand what payroll issues cause for business owners and so we turn to ATPP to make sure it’s done right for us and our clients.
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What do you need to build a strong business? Is it just a great idea? Is it business “sense?” Or is it something else? If you are a small business owner, here are three keys to success that you may not have considered. With these factors in place, you will be ready to succeed.
Exceptional Use of Technology
Today’s businesses have more technology at their fingertips than ever before, and with the advent of the cloud and the Internet of Things, that technology is becoming increasingly mobile. A successful small business is going to need to find and implement the technology that best meets their needs and the needs of their customers. Some of the more vital technologies include those that allow for the collection of payments more easily, such as emailed invoices and bills, and e-commerce payment processing. Also, technology that allows the business to go on the road, using a phone or laptop to stay on top of things, will help the business appear larger than it really is.
Relationship with a Bank
Running a business requires money, and the bank is the place where money can be found. Businesses need to stay on top of their income and expenditures, and a strong partnership with a bank can help with this. Today’s banks can keep business owners aware of their daily bank statements through daily notices. Having a strong relationship with a bank also helps businesses get the funding they need when expenses arise or growth is necessary. Because of the importance of this partnership, it is imperative for a small business to have a business bank account and work to build a relationship with the bank providing that account.
An Accounting Professional
Finally, a strong business today needs a trusted and skilled small business accounting professional. Whether the bookkeeper is on staff or is hired on a contract basis, it’s critical to ensure that the business’s books are kept up to date and available to the business’s owner in real time. With a skilled accountant on the business’s side, you can be made aware of potential problems and also opportunities for growth. Accountants can also assist with keeping books accurately for tax purposes, limiting the risk of audit or the hassle if one occurs.
Building a strong business requires more than just good business sense, though that is an excellent starting place. It also requires knowing when to seek the help and guidance of financial pros, how to utilize technology and how to get the funding needed to keep a business growing. For help with small business accounting, contact the team at Accounting Taxes Payroll Partners today at 818-436-2775.
Have you heard the saying fail to plan, plan to fail? Well, when it comes to small business budgeting and accounting this couldn’t be truer. Accounting and finances aren’t the most fun and exciting parts of entrepreneurship, but they are critical if you want to run a viable and profitable business in Los Angeles.
Small business budgeting doesn’t have to be tough. There are plenty of tools and templates available from reputable online sources that will help you to get and stay organized. Figuring out what to fill into those templates is the potentially tricky part. That’s why you should follow our 5 simple steps to small business budgeting.
1. Estimate (realistic) sales and profits
Your first step is to estimate your sales for the forthcoming year. If you have figures from previous years, it will help, but if not, this isn’t impossible. Your sales projections are targets, just like your anticipated profits so they should be realistic, but challenging.
2. Calculate your operating expenses
You need to figure out what it costs you to do business. These items may include:
- Costs of goods
- Salaries and wages
If you have records from previous years, they will help to guide this small business budgeting step. If you haven’t created a budget before, you might need to brainstorm and list out your business expenses.
3. Figure out your gross profit margin
This is the easy part. You determine your gross profit margin by subtracting your operating costs from your projected sales. You might be surprised by how much your operating costs eat into your profits. That’s okay because, in your next step, you review.
4. Re-evaluate your figures and adjust to meet your profit targets
During this step, you review your costs to see if you can trim any unnecessary expenses and re-evaluate your sales targets to see if they can be more challenging. Remember, a challenge is motivating, but it’s foolish to project unrealistically high sales to make your estimated gross profit margin bigger.
5. Review monthly and quarterly
So now you have your annual budget. Unfortunately, it’s not time to put it away until next year. You’ll need to review your budget monthly and track your progress against your targets and adjust accordingly. You may try to reduce your costs or there may be months that you expect to win more sales. For example, if you operate a business with seasonal highs and lows, you need to make sure that you’re making and saving enough to cover your costs through the lean months.
For more help managing your small business finances, contact Accounting Taxes Payroll Partners today at 818-436-2775.
How efficient is your business? Most small business owners can improve their efficiency, and doing so will improve their bottom lines. If your business could use an efficiency boost, consider these tips.
1. Practice Smart Time Management
Interruptions are common in the business world, so don’t let them take over. Make sure you set aside time each week for the tasks that must get done, and then don’t let others interrupt you. Then, set aside blocks of time to use for catch up, because you are going to have some days that don’t go as planned. By planning this catch up time, you will be more efficient and less prone to falling behind.
2. Delegate Tasks Whenever Possible
There are going to be tasks that you just don’t have time to do. Find someone that you can delegate these tasks to, and focus your energy elsewhere.
Consider, as an example, the accounting tasks your company has to handle. Yes, you could tackle these on your own, but perhaps your time would be best spent elsewhere. By delegating this task to a small business accounting pro, and paying a little for the service, you free yourself to spend your energy where it’s better spent, and your business will run more efficiently.
3. Keep Things Positive
A positive “vibe” around your business will actually help you to be more productive and efficient. Make sure your team knows your vision and is excited about it too, but work hard to keep the overall vibe a positive one. Take the time to encourage employees on a one-on-one basis as well to help foster this positive energy.
4. Clearly Define Responsibilities
Unless you’re a sole proprietor, then you have employees or partners helping you with your business. Make sure they know what their responsibilities are. This is essential to efficiency, because if you don’t define roles and responsibilities, some tasks will get left undone, while others will have more than one person trying to accomplish them, and the business will flounder.
5. Streamline Communication
Communication between employees, between employees and management, and between the company and customers needs to flow as smoothly as possible. Clear communication delivered quickly is going to keep your business running smoothly. If you have a communication breakdown, implement systems that will keep the information flowing smoothly.
Running an efficient business isn’t hard, but it does take planning. Use these tips and find ways to make your business efficient and effective.
Contact Accounting Taxes Payroll Partners today at 818-436-2775 to learn more about how we can help your small business run more efficiently with our services.