The entire process begins with an entrepreneur computing the employee’s gross pay; this has to have various mandatory deductions under federal and state laws. The left over balance would become an employee’s pay check but if the same has worked for additional hours then there would be further more complications and calculations that would decide the final payable amount. This would all be possible to manage only if the company has few employees but if the startup has over hundred or more employees it would become impossible to meet and complete all such formalities.

It is perhaps a tedious process that requires constant monitoring and hence it is much advised to outsource it to people who are good at is and to concentrate much on the product and the growth of the startup.

Spend Time to Build the Startup

An entrepreneur must count the money that his company made at the end of every month rather than counting how much all his employees made. One can give a try to manage all these activities but if it is not perfectly executed chances are that the company would have to pay penalties and fines to the government.