Are you looking at your business’s new technology and wondering why you’re not getting enough bang for your buck? Well, the problem might not be the technology. Many business leaders want fancy apps to impress clients, increase efficiencies, lower COGS, and improve profits. This strategy makes sense and sounds easy. But human nature makes it harder to do. If it were that simple, there would be many more successful small businesses and self-made millionaires. So, what’s keeping us all from achieving success?
Sometimes You Get What You Pay For
We finally made it to 2021. With the change in year comes a new wave of ads for products that can make a business owner’s life easier. This includes apps that enable you to process payroll “with just the click of a button.” These apps may be good at processing your payroll, but they fall short with everything else you face as an employer: paying quarterly taxes, signing up for unemployment insurance in each state your workers come from, securing workers’ compensation insurance, handling audits, tracking family leave, and more.