+25 Setting Up Payroll For Small Business Ideas. Apply for a federal employer identification number (ein). An ein is a tax identifier for your business.
steps for setting up small business payroll. Setting up each employee in a direct deposit system can cost anywhere from $50 to $150, according to the national federation of independent business. Set up your business as an employer assuming you’ve already established your business and applied for any required licenses, the first step in doing payroll is ensuring that your business has met all the legal requirements to operate as an employer.
