One-Person Payroll Too Expensive for Contractor

Prior Payroll Company ADP
Number of Employees
1
Payroll Frequency
Weekly
Cost per Year
$2,600
Number of Employee States
1
BMA Small Business Payroll Fee
$840
Client’s Total Savings with BMA
$1,760
Savings Percentage
67%

CLIENT’S PROBLEM—One-Person Payroll Too Expensive:

A subsidiary of a much larger company (but functioning under its own EIN number) was concerned with the excessive incremental costs per run for a one-person payroll.

BMA’S SOLUTION:

By switching from a large payroll bureau (such as ADP) to BMA, this independent contractor greatly reduced his per-payroll cost while increasing his cash flow and net profits.
author avatar
Greg S