Question

Merlin Anson owns Uninix Computers, a company with five employees. As a small business owner, he...

Merlin Anson owns Uninix Computers, a company with five employees. As a small business owner, he has several options for payroll processing. What factors should he consider when deciding on which payroll processing option is best for Uninix Computers?

  • The number of independent contractors
  • The amount of money he has to spend on payroll processing.
  • The computer technology used by the business.
  • The physical size of the office facility.
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Answer #1

As the number of employees are very small in number, independent agency is not required to process our payroll. The company can use any of the various softwares available in the market depending upon the budget of the company and the total amount of the payroll.

So the major factors that should be considered is-

The amount of money he has to spend on payroll processing , and

The computer technology used by the business

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