Going through the financial accounts of a graphic design firm, you are likely to find yourself being in a position to deduce certain things.
Firstly, it is easy to deduce, from the financial accounts of a graphic design firm, how much money the firm is bringing in, in terms of revenues.
Secondly, it is easy to deduce, from the financial accounts of a graphic design firm, how much money the firm is spending.
Thirdly, it is easy to deduce, from the financial accounts of a graphic design firm, how much money the firm is making in terms of profits.
Finally, it is easy to deduce, from the financial accounts of a graphic design firm, what portion of its profits the firm is paying out, in terms of taxes. Those are taxes that the government then (presumably) proceeds to expend on the njuifile claims paid to folks after they go to the www.njuifile.net login page, sign in and make new claims (assuming that the firm is in New Jersey). Those taxes are also the funds that the government presumably uses to fund security operations, infrastructure development and so on. This means that the expenditure of funds by the graphic design firm on the taxes is justified like any other expenditure.
Certain cadres of support staff are viewed as necessary in a graphic design company. This is against a background where, in such a company, the designers and other folks who are involved in production are regarded as the ‘core staff’ with all the rest being regarded as ‘support staff.’
One cadre of support staff that are necessary in a graphic design company is that of IT people. But if it is absolutely impossible to hire these, the IT support can still be obtained through remote channels, via www.logmeinrescue.com, or simply via logmein.com. It is quite a straightforward idea.
Another cadre of support staff that is necessary in a graphic design company is that of housekeeping people. Here, we are looking at the cleaners, the tea-girls and so on. Otherwise if the designers are called upon to perform these housekeeping roles, they may feel as if they are being demeaned.
Yet another cadre of support staff that are necessary in a graphic design company is that of administrators. These are the human resource management people (if it is a big company), as well as the front office staff members (the receptionists and so on).
Talking of support staff, it is often necessary, in a graphic design company, to hire marketers (and the role they play is essentially supportive as well).
Like any other business, a graphic design firm needs to have books of accounts maintained. You thus have to deal with the accounting function in a graphic design firm (one way or another).
One way in which you can deal with the accounting function in a graphic design firm would be by doing the day to day accounting/book-keeping work by yourself.
Another way in which you can deal with the accounting function in a graphic design firm would be by hiring a specialist (or a team of specialists) to do it in-house. This would entail setting up a finance department – which may often turn out not to be as hard as it sounds.
Yet another way in which you can deal with the accounting function in a graphic design firm would be by outsourcing it. For instance, with respect to the payroll accounting question, you can sign up for iPay ADP service, whose login page is accessed at at iPay.adp.com. Then, you’d only need to be providing ADP with the necessary data and they do the payroll accounting work for you. Actually, you can take the whole thing a step further, and have ADP collect the necessary data for you: such that you only need to regularly pay for their accounting service, and fund the paychecks.
As a person who runs a graphic design company, one of the key challenges you will need to deal with is that of ensuring that the employees in the company are paid on time.
In order to ensure that the employees in your graphic design company are paid on time, you need to set up a system whose presence ensures that the data that is necessary for calculation of payroll is captured on an ongoing basis. The due pay can also be calculated on an ongoing basis. Then it can be posted online, on a portal similar to the one operated by Macys for the employee connection purpose. That way, any disputes about the numbers can be solved on a day to day basis: thus ensuring that on the payday, the whole thing is just a question of sending money to the employees’ accounts.
Secondly, in order to ensure that the employees in your graphic design company are paid on time, you need to ensure that you set aside money for the payroll, and that you never touch that payroll budget (such that the money is always reserved for the purpose). Otherwise you will find yourself in a situation where you have to start raising money for the payroll on the payday: thus almost certainly delaying the salaries and causing a lot of resentment in the ranks of the graphic design company employees.