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Payroll

Payroll is best defined as the money you pay your employees. For most businesses, it's the largest overhead because it's a big recurring expense. Many service-based sole proprietor businesses end up working alone, or simply hiring subcontractors to simplify payroll.

Payroll can be very complex, and include things like taxes, social security, medicare, and benefits. If you decide to hire employees, make sure you consult with a professional.