Allow Your Clinic to Thrive with Expert Assistance
For many people, physical therapy clinics are places of healing which allow them to pursue their passions without pain. Physical therapists provide a vital service in their communities, and many PT practitioners are competent professionals who take great care of their patients.
Even if you provide exceptional care and have a good reputation among your customers and medical partners, it will be hard to find success running a physical therapy clinic if you don’t also have a handle on running the business itself. To turn a profit, any business must stay compliant with regulations, ensure their employees are paid, and perform these tasks with efficiency.
For businesses across the Bay Area and around the country, this is where our team comes in. We are a group of payroll and business administration experts, and we have the expertise, software, and experience to handle your payroll operation. In the sections to follow, we will answer some FAQs about our service, specifically speaking to how we’re the ideal partner for PT clinics.
What Are Payroll Services?
Many new business owners across all industries make the common mistake of oversimplifying everything which goes into the payroll process. While some think payroll is simply calculating and distributing checks, there is much more to consider. A payroll services company handles everything which is involved in the process, including: payroll tax reporting and payment, employee information gathering and storage, distribution of tax records, compiling of payroll data, withholding and payroll calculations, and much more.
Can’t We Do Payroll In-House?
Any company can perform payroll tasks in-house. The question isn’t “can we” do payroll, it is “should we” perform our own payroll. For almost any business, it makes more sense to outsource payroll to a team of experts. This can be for many reasons, but for many of our clients it boils down to cost, liability, and focus. Cost is always a factor, and many people have found it’s actually cheaper to outsource than to hire an employee to do payroll. Also, by outsourcing you gain an ally in the audit process and you relinquish the liability of any errors which might occur in the payroll process. Finally, when you outsource, you can ensure you and your team members can focus on providing great care to your patients rather than on the payroll process.
Why Do Payroll Services Make Sense for PT Clinics?
Specifically for physical therapy clinics, using payroll services makes sense for many reasons. First, people who work in a PT office have specialized skills which allow them to care for patients. These skills do not include payroll in almost all cases. So, rather than taking a talented person away from providing care or allocating your personnel resources to an administrative employee, your team can do what they do best: help people live pain free.
How Do I Get Started with Payroll Services?
If you feel payroll services could help your physical therapy practice thrive, our team of professionals is here to help. We make the onboarding process quick and simple, and if you’re ready to get started, please reach out to us today to schedule an initial consultation.
