5 Top Advantages Of Online Payroll

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 Our landscape is becoming increasingly digital, and this is reflected in every aspect of how we do business; from our marketing to our cloud-computing or EDI transactions. It’s no surprise that so many companies are braving the switch to an online payroll solution. When you’re running a business and have so much to do, you’ll welcome any way that you can to make life a little easier! If you’re someone who’s thinking about online payroll, let’s take a look at a few reasons why you’ve got the right idea! 

More Accuracy

 With an online payroll system, you are increasing your chances of accuracy and decreasing the risk of human error. Errors made in the payroll departments can slow down the efficiency of your company and lose your credibility, so it’s best to avoid this at all costs! By automating the processes, and reducing human input, you don’t have to worry about mistakes being made. 

Search for documents

With an online payroll system, you’ll ensure that you have an easy way to search for pay-related documents as and when you need them. An online system makes it very easy to look back and search for what you need; whether this is to create a report or for the purposes of tax queries. You’ll find that such easy access to data increases productivity and efficiency both. When time is money, improving business efficiency is a top priority! 

Saves time 

With an online payroll system, it’s fast and easy to complete your payroll tasks which will free up time elsewhere in your business. As well as this, with an online system, it’s straightforward to figure out bonuses, overtime or pay per hour or month etc. Having all the information that you need in one place makes it easy to get the best use out of your payment data.

Maintain Consistency 

 When you keep your data within one online source, you will be ensuring that it is always collected in the same way and adheres to the same procedures. Many companies these days are making a move to cloud-based solutions such as Cloudpay. This is a viable system for those who are seeking to gain consistency and accuracy within their global based payroll systems. With cloudpay, you get rid of the complexities associated with international payroll. Cloudpay can also be integrated easily with ERP or HCM software for businesses who require this. 

 Tax purposes 

 Online payroll systems can help you to timely file the correct tax forms as and when required. You’ll receive reminders, and thus you won’t run the risk of any penalties. When you’re running a business, there is so much to think about, and so taking advantage of what the digital world can offer is always an excellent idea! 

 If your company is looking at opting for an online or cloud-based payroll system, you certainly won’t regret it! Keeping up with all the digital changes in the modern business world can far enhance the agility of your company. Staying ahead digitally can also give you an advantage over your competitors

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Things Your Business Can’t Afford To Skip

When you run a business from home, you are your own marketer, content creator, website maker, and so much more. And it is essential for you to learn as much about the foundations of your business as possible. There are weeks and sometimes months that the time and/or money is strapped. So you can make some smart decisions to help keep your bank balance healthy, and help you maximize your time too. 

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Expenses

They wrack up thick and fast, but if you aren’t tracking them correctly you’re going to be missing those tasty tax deductions for one, and for two you might get audited, and if it doesn’t add up you’ve got some trouble. 

It can be hard to keep all of the paper receipts, so start taking photos of each receipt that relates to your business, and add them all to a file. 

Coaching

To be better at business, in general, there are two paths you can opt for. One is coaching, the other is hands-on experience. There are so many coaches who specialize in small business or freelancers who are looking to expand and grow. They often have experience in your field too. The great thing is, you can find a lot of guidance and support for free online now. Or, you might have a B2B scheme in your area with offers of assistance. Spend some time looking around for free support tools. 

Uptime

You can’t afford to have lousy technology. You need as much uptime as you can muster. And sometimes this means you might need to call in the professionals, visit onlinecomputers.com for more. Managed IT services might just save your business. This one will save you time, time which can be put back into working on your business. 

Social Media

If you aren’t on social media already – that is your first mistake. If you are, and you aren’t leveraging that into more traffic and sales – that is a big mistake too. Take some time to sit down and work out your followers and reach on all of your platforms. Take a look at your analytics. Where is doing the best? What time does the most engagement or impressions happen? 

How are you going to compute those numbers into something actionable? First, take a look online for some guidance on how to put together a social media campaign. Remember to have your goal in mind – traffic? Sales? Social growth? Each one will require different actions from you. 

You can always hire someone to do those things for you, but it pays for you to learn to do them yourself too. If you have the knowledge, you can then build a campaign for someone else to carry out and report back on. 

Of course, there are more things like insurances, retirement plans, long term financial planning, and more and all will make a positive impact. But it is vital to tackle things in the personal development area, something that can free up time, and explore services that will ensure you never miss a beat in the fast-paced online world. 

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Business Leader Aura: Dress Sense, Vocal Etiquette And Posture

Open up a brand new web page or tab and go to YouTube. Then click on the Bloomberg and CNBC channels. These two media outlets are all about finances, business and trade. Many people of all kinds in all industries come onto the shows, and give you their opinion about what is going on in their professional world. For one, don’t listen to what they say just watch how they carry themselves. You know when you’re watching a business leader just by how they act. Subconsciously, they are giving off signals to our own subconsciousness and we immediately begin to trust them more and really take on board what they’re saying. If you are someone who owns a small business or perhaps just wants to look for a new career, then following their example is something you must consider. 

Look the part

Yes, yes, these days the young and budding entrepreneurs think that wearing ‘old fashioned’ clothes is a bore but wearing hoodies and joggers is the new standard. Wrong, for the young and brash wearing clothes you’d probably wake up to go to work is not a big problem, but for someone who wants to be respected automatically, you have to wear a suit. However, it’s not just any old suit you should take off the shelf, a custom suit designed around your body is what’s needed. Take a look at these mens custom suits, and see how the old traditions and the new styles are merging together. The professional tailors will work with you on a one-on-one basis. You give their your trust, and they will take your measurements. They’ll advise you on what kinds of features your suit can have for the vision you’re going for. A tailored suit is able to be spotted from a mile off among CEOs and other c-suite ranks; as well as the media and investors.

A droopy posture

Society really is in such a funny and strange era. Millions upon millions of people are constantly looking down, their necks bent forward, their shoulders caving inward. White collar jobs have increased substantially over the past two decades, so we all have a similar posture. It’s kind of concave almost as if there’s a gravity vortex in the middle of our chest. A droopy posture such as this, does not give people confidence in someone. It’s kind of weak and small. The simple fact of the matter is, for a business leader or professional looking to show confidence in their actions, broad shoulders, a straight back, a slightly puffed chest and proper width between the toes of your feet must be donned.

Confidence in conversation

Showing passion in your voice can constitute a constant shifting of tone and pitch. However, the art of holding a conversation is also a mark of a confident business leader. Conversation etiquette is something we have almost forgotten in society but in professional circles it is anything but. Take the time to listen to the other party, try not to interrupt and making engaging eye contact.

Business leaders carry themselves in a different way to normal people. They must dress smartly, behave courteously and look bold and strong to command confidence in any room they walk into. 

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5 Ways To Protect Your Business

When you’re a business owner, there are constant threats on the horizon. Whether it’s from clients not paying you on time, claims that are made against your business due to the fact that you haven’t followed safety regulations, or external threats such as burglary and fraud, there are always things that you need to be aware of, and steps that you need to take to ensure that your business is not at risk.

However, it can seem impossible to stay on top of them all, and you may not know how you can cover all bases when it comes to protecting your business. Here are 5 things worth keeping in mind.

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#1: Stay on top of cyber security

One of the biggest threats to modern business is through data hacking and cyber attacks, so you need to ensure that you’re always making every effort to keep your data safe. Speak to an IT professional about how safe your network really is, and make efforts to increase your security every so often. Hackers are always finding new ways of working, so you should be finding new ways of staying safe.

#2: Check the security of your office

In the modern day, no business owner should have an office that isn’t kitted out with CCTV, and other security measures. Look into the best ways to keep your office secure, and make sure that you invest in the necessary precautions. Your employees should feel safe, and you should feel at ease knowing that the building is secure at night, and that you’ve covered all of the necessary risks properly.

#3: Utilize the Cloud

The Cloud is something that every business should be utilizing, and it could save you a lot of headaches should there be a threat to your network. Keeping all of your data and documentation in a virtual space means that if your network does ever go down, you won’t lose a lot of sensitive data. This could protect you from legal ramifications, so ensure that everything is safely stored on the Cloud!

#4: Deal with claims properly

Every business owner will, at some point, need to deal with a claim made against them. Perhaps one of your employees has sustained an injury at work, and you haven’t followed the right procedures to cover yourself in this regard. It’s important to deal with claims quickly and efficiently, and speaking to a claims management company could save you a lot of time and money here.

#5: Keep up-to-date with safety regulations

One way to avoid claims altogether is to stay on top of the necessary safety regulations in your business. Ensure that you have fire exits that are easily accessible, that you’ve trained your employees on what to do in case of a fire, and that you’re constantly keeping an eye on any threats to safety that could arise in the office. These are small things to check, but they will make a big difference.

Make sure that your business is protected, and that you don’t lose out as a result!

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Steps to Surviving an Office Renovation

When you need to move your business from being based at home to having an office then there are plenty of things to be thinking about. Likewise, when your current office lease starts to expire, then choosing to stay where you are, and perhaps think about upgrading your existing space instead, could be the thing to actually yield some pretty significant savings. However, being able to successfully do just that and make some big savings, then it will be something that will need a lot of planning, and a lot of time taken to ensure that the whole thing is done well. So with that in mind, here are some important considerations, so that if this sounds like you, and an office upgrade or renovation is on the cards, then you can help it all run much more smoothly.

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Stay or Go?

Before you think about renovating your space, then it is a good idea to make certain that relocating isn’t something that is a better option. Have a think about your ideal space requirements, and then with a designer or even an architect, you could see what would actually be possible where you are, or if a move would be better. You could even see what the issues are with where you are currently, as a landlord could consider reducing the price if they have some fixes to make, and if it would keep you as a tenant.

Establishing a Budget

In truth, the complete cost of a project or renovation will not be fully known until the work has been done. If there are any new projects, then a good thing to think about is having about 10% contingency in your budget, but that could reduce as time goes on and you see how well things are going. If you are making structural changes to the office site, then another 10% of contingency is a good idea to think about. You should also think about incorporating costs for things like temporary protection, site office hire, and partitions, as well as things you normally might not consider like having to cover the costs of overtime and additional workloads for you and your team. So carefully plan out a budget, but do remember to have a bit of a contingency plan.

Communication

In a lot of ways, there is a perception that a renovation done by the current occupants is just as important as the implementation of the work itself. But any change that comes to an office space or to a workplace, brings with it some possible anxieties, which can be very true if the reason for going so, or the impact, is not well understood. So make sure that communication over the project is rather clear and informative, so that all people that are involved, are aware of the expectations. Likewise, creating some actual mock-ups of what things could look like, can be a good way for the team to test things out and keep everyone in the loop.

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What is a Certificate of Analysis (COA) (and How to Read)

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What is a certificate of analysis coa

CBD is like a box of chocolates. You never know what you’re going to get unless you do a little reading. With CBD oil, it should be as easy as checking the box, but there’s an unfortunate problem of mislabeled products. Protect yourself from fake or low-quality products by doing your due diligence —always check the Certificate of Analysis. If there isn’t one, steer clear. 

What is a Certificate of Analysis (COA)? 

A Certificate of Analysis, or COA, is a document from an accredited laboratory that shows the quantity of various cannabinoids in a product. 

Manufacturers should send every batch of every product they make to a lab for testing, to protect their customers and prove that their products have as much CBD as they advertise. 

Always check the COA before using a CBD product 

COAs aren’t always easy to get your hands on before buying a product. You may need to reach out to the company to request it. 

However, once you receive your product, there should be a QR code on the label that you can scan and be taken to a webpage with the product’s COA. Most iPhones can scan QR codes through the regular camera, just open the camera app and point it at the QR code (don’t take a picture, just hover over the QR code) and a notification should pop up with a web address. For Android or older iPhones, simply go to the app store and search for a “QR code scanner”. There are free options to download.

cbd qr code coa

Not all states require QR codes on CBD products, but it has become a common practice anyway as reputable companies want this information to be readily available to all of their customers. 

If you can’t get a COA from the manufacturer’s website, customer service, or the product label, that’s not good. A quality CBD company will always get their products lab tested. After all, a COA is as much for the customer as it is for the company to double-check the quality of their work for quality assurance purposes. 

🚩 4 red flags to watch out for in a Certificate of Analysis

Once you get a Certificate of Analysis, inspect it thoroughly. Here are a few things to watch out for. 

1. Too much THC

To be considered hemp oil, by law, it cannot contain above 0.3% THC. If it contains more, then it’s considered marijuana and may not be legal in your state. 

Also, if your product is advertised as containing no THC, then reading the COA is a good way to verify that claim. 

2. Less CBD than advertised

This one is obvious, but for good measure, we’re mentioning it. It’s very important to make sure the Certificate of Analysis reflects the advertised CBD content on your product’s label. 

3. Missing cannabinoids

If a CBD product is marketed as full-spectrum, broad-spectrum, or PCR, that means it contains a variety of cannabinoids. The COA should show the product contains at least small amounts of CBDa, CBG, CBC, CBN, and/or other cannabinoids, in addition to CBD. 

4. Tested in-house

When buying a car from a stranger, you don’t take their word for the condition they claim the car is in. You check it out or bring someone with you that knows what to look for. 

That thought process is similar when it comes to testing CBD products. If the Certificate of Analysis came from the company themselves, meaning they tested it in-house, they might be telling the truth —but it’s not as reassuring as an unbiased professional performing the test. 

Unless you really trust a company, it’s a good idea to make sure their COAs come from an accredited third-party lab. If they don’t, ask if they can provide one as they may have both available. 

How to read a COA lab test 

COAs are not always easy to read, and there are many different formats. 

Typically, you’re going to see COAs that show the results in one of the following three ways: 

  • Milligrams (mg) of CBD in the full product 
  • Milligrams (mg) of CBD per gram (g) 
  • Milligrams (mg) of CBD per milliliter (ml) 

Note that we are using CBD as an example, but the same goes for all other cannabinoids in the COA. 

That first type of result means you don’t need to do any work or calculations, as it already shows you the total amounts of each cannabinoid in the product. However, for the others, you will need to know one thing about the product in order to make your calculations. 

Before explaining those two test result formats, we should refresh our memory on units of measurements. A milliliter (ml) is a measurement of volume. So even though most liquid CBD products will show the size in ounces (oz), you can convert that. 1oz will always equal 30ml. However, grams (g) is a weight. Two 30ml tinctures will not weigh the same in grams, as the weight is affected by each ingredient in the product’s unique formulation.

MG per G 

If the results show the amount of cannabinoids per gram, then you need to know the total weight of the product in grams. The weight does not include the packaging, just the product itself. Most products do not show their weight in grams on the label, so you may need to ask or check if the COA contains that information. 

For example, a product weighing 25 grams with an advertised 300mg of CBD should have 12mg of CBD per gram. 

MG per ML 

If the results show the amount of cannabinoids per milliliter, then it’s a little easier. However, this type of measurement only (easily) works for liquids. Simply take the total milliliters of the product and multiply it by the amount of CBD per milliliter. 

Liquid tinctures will always tell you their size, such as 1oz (30ml) or 2oz (60ml). 

So, for example, a 1oz (30ml) tincture with an advertised 300mg CBD should contain 10mg of CBD per milliliter. 

Other types of lab tests 

In addition to the standard cannabinoid profile, it’s also common to find full-panel lab tests. These show the cannabinoid profile and terpene analysis, as well as checking for any molds, pests, or heavy metals that could be harmful over certain levels. 

Checking COAs on Made by Hemp 

At Made by Hemp, we make sure COAs are not only easy to access, but they’re also easy to read. Go to any product listing in our CBD store and click the “lab test results” link below the product title to review the results in PDF format. 

Our test results are all from a third-party lab. However, our results are in milligrams of CBD per gram so, to assist with reading our COAs, the weight in grams of the product is included in the COA and the calculations are performed to immediately show you the total CBD in the product. 

As a bonus, the percentage of each cannabinoid is included in the results, which is especially helpful to see that it contains 0.3% or less THC per the legal limit. 

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Launching An Online DIY Store

Everything is online now. In fact, many people will source tools and wires for more significant projects online too. The bottom line is it is cheaper all around, atypically faster. Although there will always be a place for putting your boots on and walking around a DIY store that smells like wood and paint, it is easier to order in bulk online. But when you are thinking about opening a DIY store online, there are a few things you might want to think about. 

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Storage

Your store is online, which cuts down on a lot of costs already, but you’re still going to need plenty of storage. You’ll need somewhere to store all of your stock. Most of the time, a garage will do – depending on what you are doing and the levels of stock you intend to sell. Of course, over time you’ll likely expand, and in doing so, you’ll need higher stock levels and more storage – but for the meantime factor space into the cost. 

Supplies and Kits

Depending on what you are going to be selling, it will mean you might need to have some suppliers lined up. There is always the opportunity to have your own tools and wires created, but you need rapid prototyping and probably need to buy in bulk. You need to provide, at a minimum, the basics that every tool she would need. Or, if you decide to be specialized, then that is great – but remember that buyers come in all budgets. So you’ll need to have a basic range right up to a high-end (which you can order at a moments notice should anyone order one). 

When it comes to kits, people aren’t always savvy with everything they need. So if you can put kits together like – replacing a door frame, beginners plumbing kits, essential tools kit… you get the idea. Easy kits that people can purchase and have everything from the screws to the right putty. 

Information

Part of the reason so many people head to a DIY store is for information on the project they are undertaking. But you can jump the gun and prepare some blog posts that cover a range of topics. Think about the most common things people are looking for and answer those questions. 

  • What color should grout be?
  • What’s the best way to clean paint brushes?
  • Can I repair bricks and pointing myself?
  • How do you bleed radiators?
  • How to fix a faulty lightswitch
  • The quickest way to clean clogged outdoor pipes
  • How to unclog a toilet

Experts

If you are thinking about opening a DIY store, the chances are not only do you have a lot of experience personally but you probably also know a lot of people who might be classed as experts in their field. Along with the instructions and general questions and articles you should have, consider having some videos. Where the experts give recommendations about tools (that you stock), and how to complete a job at home. 

People are more likely to buy from other people who they consider an expert in their field

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