Every business needs to process payroll to pay their employees and associated taxes. The market to provide software and services to process payroll is very large and continually regenerating new opportunities. The payroll service industry has been traditionally recession resistant, so even in today’s tough economic environment, the potential for growth is strong.
The Polaris Payroll™ platform has been used to process thousands of payrolls over the past two years. “Our focus when we launched the platform was on companies who were already in the payroll service business. However, over the past year or so, we’ve had a lot of interest from people with experience in other B2B service areas who wanted to be in the payroll business,” states Matt Minafo, Director of Marketing. “So, we developed a new program to support people who were not currently in the payroll service business.”
The B2B SaaS market is at the very beginning of its growth curve, so the upside potential is very high right now. We’ve all seen success in other B2B service areas, such as Salesforce.com, and the SaaS payroll market has grown significantly over the past few years. The timing is very good for entry into the market as a new business opportunity.
One of the differentiating factors of the Polaris Payroll Complete™ business opportunity is the two different models offered. A licensee can run it as a standalone business or as an additional service a business can offer to its existing client base. That’s great for existing B2B service businesses, such as accounting or bookkeeping firms, insurance agencies/brokers or tax preparation services.
“Considering the business trends and the evolution of the Cloud Computing infrastructure, this business opportunity is right in line with the direction of the market,” concludes Matt. “For those entrepreneurs who like to be on the leading edge of a trend, the timing of this opportunity couldn’t be better. The Polaris Payroll Complete business opportunity puts our licensees in the SaaS business at a time when the demand is growing.”
To find out more about the Polaris Payroll Complete business opportunity, visit the website at www.polariscomplete.com
About Polaris Payroll Complete: Founded and developed by payroll service industry veterans with more than 20 years experience, Polaris Payroll Complete combines the knowledge and expertise of running every aspect of a payroll service business with an industry leading, proprietary technology platform. Our complete system and team of consultants are available as the foundation for your business growth.