Episode 255: How Bookkeepers Can Make Payroll Profitable

Find out your next step in bookkeeping. Free calls and books. https://bookkeeperssupport.com ----------------------------------------------- In this episode of The Bookkeepers' Podcast we sit down with Nicola Hagerman, a management accountant turned business owner, who shares her journey and insights about turning payroll into a profitable service. We delve into the importance of payroll management for businesses, discussing the necessity for compliance and providing reassurance to clients. Nicola opens up about her experience building her own payroll software, discussing the challenges she faced, the potential for growth, and how she plans to make payroll processing more efficient and profitable. We also explore the benefits of cloud-based payroll software, the importance of pricing correctly, and finding efficiencies in the process. During our conversation, we highlight the significance of streamlining payroll processing through software development, involving both employers and employees in the process. Nicola emphasizes the power of entrepreneurship, the role of software development, and the value of having supportive networks on this journey. Finally, we discuss Nicola's ambitious plans for Fresh Pay, aiming to make it the leading payroll software not just in the UK, but globally. Join us in this insightful episode as we learn from Nicola's unique perspective on making payroll profitable. About Nicola Nicola Hageman is a Chartered Management Accountant who started her own practice in 2014 to allow her to be flexible around her young family. She now has a team who supports over 600 small businesses and individuals as well as being a co-founder in FreshPay, fully cloud based payroll software supporting bureaus and payroll professionals to be as efficient and profitable as possible when running payroll. About us We help bookkeepers find clients, make more money and build businesses they love that work for them. We're raising the profile of the bookkeeping profession and bookkeepers worldwide. Whether you're a bookkeeper or accountant wanting to grow your own business to have the flexibility for your life, and your family, come and join us. Join our FREE Facebook community, The 6 Figure Bookkeepers' Club, to experience this revolution for yourself. Connect with us at 6figurebookkeeper.club ----------------------------------------------- Quiz Are you 6 figure ready? Find out at 6figurebookkeeper.scoreapp.com ----------------------------------------------- Courses Find out about how we can help you at 6figurebookkeeper.com/bookkeeper-courses ----------------------------------------------- About our Sponsor This episode of The Bookkeepers' Podcast is sponsored by Xero. Find out more at: https://www.xero.com/uk/campaign/new-partner-programme/?utm_source=6FB&utm_medium=podcastnotes&utm_campaign=Q2 ----------------------------------------------- The information contained in The Bookkeepers' Podcast is provided for information purposes only. The contents of The Bookkeepers' Podcast is not intended to amount to advice and you should not rely on any of the contents of the Bookkeepers' Podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of the Bookkeepers' Podcast. The 6 Figure Bookkeeper Ltd disclaims all liability and responsibility arising from any reliance placed on any of the contents of the Bookkeepers' Podcast. ------------------