One of the less riveting things about being an entrepreneur is having the joy of managing one's business finances. Good times. Part of this includes managing payroll, which can be a bit tricky especially with all those wonderful federal and state laws. Luckily, there's some free tools available out there to simplify things, and keep the IRS gods appeased come tax time.
Just fill out the form and away you go. Everything should be so simple.
For those of you looking for a simple, inexpensive, and easy-to-use tool for time tracking, I have to say that Paymo has been great for me.
My wife and I are both small business owners and use this tool regularly for time tracking. It's:
- Really easy to use and setup.
- Fairly priced at only $4/user/month (free for up to 3 users per account)
- Has simple, visual reporting.
- Is web-based
- Has a simple desktop time tracking widget that syncs w/ the website portal.
You can also use it for invoicing. You can see an overview of the product here. Paymo Product Tour
Thought I'd share. Quite the handy little tool.