Taking on employees can be good news for your business but also for the Torfaen business community, and the country as a whole. However, this step is not without its complications.
Whilst your staff members can help share the load and increase your capacity to take on more work, they will expect to be paid the right amount, and on time! This means that you will need to introduce a robust payroll system.
It is certainly possible to set this up yourself, but unless this is a particular strength of yours, we would strongly recommend that you consider outsourcing your payroll to a suitably experienced and qualified expert.
Like many other responsibilities that you have taken on as a business owner, taking time out of your working day to concentrate on working out wages could be distracting you from what you do best, actually running your business!