Starting a payroll business involves providing payroll processing services to businesses and organizations. This includes calculating employee wages, withholding taxes, and issuing paychecks. Payroll businesses can offer a variety of services, such as payroll processing, tax filing, and employee benefits administration.
There are many benefits to starting a payroll business. These businesses are in high demand, as businesses of all sizes need to manage their payroll. Payroll businesses can also be profitable, as they can charge a fee for their services. Additionally, payroll businesses can be started with a relatively low investment.