Payroll: Your secret weapon for small business growth
Every pay run tells a story — about your cash flow, your team, and the health of your business. But most small businesses aren’t tapping into the full potential of their payroll.
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Payroll: Your Secret Weapon for Small Business Growth
Every pay run tells a story — about your cash flow, your team, and the health of your business. But most small businesses aren’t tapping into the full potential of their payroll.
Inside this guide, you’ll learn how to uncover key business insights from something you’re already doing: paying your team.
From cutting costs and boosting retention to making smarter, data-backed decisions, The Ultimate Small Business Growth Guide gives you the tools, expert advice, and practical strategies to turn payroll into a powerful lever for growth.
Ready to turn payroll into your most underrated growth strategy?
Let’s get started.
Inside the Guide
Real insights & advice from Canadian small business owners
Expert tips from payroll pros (in real words, not accounting-speak)
Tool kits, checklists & cheat sheets to help you take action and approach your business growth strategies with a new perspective
Key Takeaways
Automated payroll can increase your bottom line
Canadian small business owners say that payroll contributes to growing their revenue. Over 90% report that automating payroll saves time, cuts costs, and ensures CRA compliance. Plus, 60% are able to budget better, which supports long-term growth.
Learn how you can save up to 10 hours per month by automating payroll tasks.
A - Automating payroll tasks helps me to save time and money B - Accurate payroll keeps me compliant and helps me avoid CRA penalties C - Predictable payroll expenses allow me to budget more effectively D -Using a reliable payroll software saves me time and money on becoming a payroll expert E - Payroll tool integrations streamline other business processes (accounting, time tracking, etc.)
Accurate payroll builds trust and makes your team feel valued
Payroll plays a significant role in providing an employee experience that improves retention and reduces turnover costs. Canadian small business owners report that direct deposit and getting paid on time rank amongst the payroll features that matter most to their employees.
Use our sample employee survey to find out how your team feels about payroll at your company.
Payroll data is a hidden tool for powering business decisions
Only 40% of Canadian small business owners use payroll data to support decision-making, making it one of the most underused tools that you already have on hand. Thosewhorefertopayrolldatauseitforforecastingcashflow,settingabudget,measuringgrowth,andmore.
Use our cheat sheet to confidently sift through your payroll reports for the insights that matter most.
We asked our experts, including small businesses, some questions about the impact of payroll on growth. Watch the videos to hear what they have to say.
What payroll automations save your small business the most time?
