Employees can be the largest expense to a business; they are the lifeblood to your business.  You probably couldn't run your business without them.  But, if you aren't managing their true costs, they can drive you out of business FAST!

Here is an example business - his situation is certainly not unique!

John Smith owns a small painting business.  He has 8 employees (6 of them hourly, and 2 salaried team leaders).  John is very careful when estimating his jobs, careful to include the costs of all the supplies he will need for his job, the time it will take to paint the rooms and even some profit for himself!  Every month, when he reviews his Profit & Loss report, there's just enough profit from his jobs left over to cover his office rent - but forget anything extra, especially a payroll check for John!  John's a typical small business owner - working harder and harder each day, but earning less and less.  He's running out of time.  Without some drastic changes, his business will have to close, his employees will lose their jobs, and he will be left with nothing to show for all of the long hours and hard work he had devoted to his business. 

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Amy Bradbury founded Mosaic Business Solutions to bring business owners 'piece' of mind.  She works with companies across the country, helping them streamline their accounting through her bookkeeping, QuickBooks consulting and payroll services.  You can reach Amy at 301.464.2665 or amy@mosaicbusiness.net .