How do searchers handle payroll?

by a searcher from Clemson University

4 years ago

Do folks receive gross payment checks from the bank account and handle taxes themselves, use an outsourced provider to do witholdings etc, or something else?

Planning to do a search with a single backer and interested in best practices.

2 likes
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21 comments

searcher from Columbia University - Columbia Business School

Once you complete an acquisition, I do recommend a PEO. There is an associated cost, but you get much better rates on the benefits., This is all the more relevant if you have people in multiple states.

We worked with these guys: https://peoanalysis.com/

Much like insurance brokers, they will help you find a match for free.

9 months ago | like reply | 0 likes

professional

hey ^Searchfunder member‌ we are an outsourced payroll service provider for many searchers. Feel free to shoot an email at --@----.com

1 year ago | like reply | 0 likes

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