Join Brandon Condrey, Brandon Schoen, and special guest expert Megan Pozda-Amaru in this episode of the Profit Cleaners Podcast as they delve into essential payroll management strategies tailored specifically for cleaning businesses. They explore the foundational aspects of setting up payroll systems, emphasizing the pivotal role of payroll in business operations.
Through this interview you’ll gain valuable knowledge on the benefits of ADP's comprehensive payroll solutions, including beyond-payroll features and special offers exclusively for Profit Cleaners listeners. You’ll also have your questions about common payroll concerns answered, including tax implications and compliance issues, to ensure your business is well-prepared to streamline all of your payroll processes.
Don't miss out on optimizing your payroll system! And be sure to listen to the end to schedule a personalized consultation with Megan today.
Tune in now!
Highlights:
- (01:39) What happens if you do payroll wrong? Audit risks, tax implications, fees, potential legal issues.
- (02:21) Previous payroll system issues: missed filings, unresponsive support, broken promises. Switched to ADP for better service.
- (03:53) Avoided a $20,000 bill by fixing workers comp issues with real-time reporting.
- (05:56) Discussion about different CRM systems and their payroll capabilities.
- 06:44) Importance of using specialized payroll services like ADP for tax compliance and reliability.
- (08:20) ADP offers beyond payroll essentials: workers comp, timekeeping, HR services, etc.
- (11:59) Examples of common payroll concerns: inaccessible support, non-user-friendly systems, compliance fears.
- (14:15) Small businesses are targeted for IRS audits due to compliance issues.
- (16:45) ADP takes full liability for payroll filings and compliance, reducing risks for small businesses.
- (19:22) ADP's pay-by-pay workers comp system explained: real-time adjustments, multiple carrier options, and audit support.
- (23:29) user-friendly timekeeping, PTO tracking, and payroll integration.
- (25:20) Importance of non-compete agreements in protecting business interests.
- (27:21) The recent changes to non-compete agreements by the Federal Trade Commission.
- (31:01) Digital onboarding process and importance of I-9 forms in paper copy.
- (36:06) Special offer for new Profit Cleaners members regarding ADP services.
- (40:22) Process of transitioning contractors from 1099 to W-2 status using ADP.
- (43:27) Warning about legal risks of using incorrect Social Security numbers.
- (45:45) Concerns about business costs and offering flexibility in pricing.
- (51:49) Benefits of using ADP for scalable payroll solutions.
- (53:52) Explanation of ADP's fee structure and integrated debit card solution.
- (55:01) Schedule appointments with Megan for personalized advice on pricing and setup.
Links/Resources Mentioned:
- Profit Cleaners Website
- Watch the FREE Masterclass: https://profitcleaners.com/masterclass)
- Join the FREE Facebook community: https://www.facebook.com/groups/profitcleaners/