If you can't read and/or see the images in this newsletter, CLICK HERE to view as a webpage.
How To Subscribe To This Newsletter
If you want this weekly newsletter sent to your inbox, click on this link below, and you will be linked to our newsletter sign-up page.

Inflation Reduction Act
Payroll Industry Sales And Marketing Tips

  • Word Count: 264
  • Read Time: 63 Seconds
Greetings!

To help improve your sales and marketing success, our President, Glenn Fallavollita, has written scores of sales and marketing tips for you to review (and share).

Click On The Title To Read Each Tip.

Want To Sell Your Payroll Service?
  • Word Count: 210
  • Read Time: 50 Seconds
Attention All Business Owners:

Are you thinking about selling your payroll service or your accounting firm's book-of-payroll business? If you are, SellMorePayroll.com's Brokerage Service can help you in the following three ways:

  • #1: Get The Highest Multiple - We can help you negotiate the highest multiple as many buyers are willing to pay a premium for your book of business.

  • #2: Help You Secure An Immediate Buyer - We have an extensive network of cash-flush buyers. Plus, SellMorePayroll.com can guide you in selecting the optimum buyer for your particular situation.

  • #3: Add Value To Your Payroll Service - We can advise you on the best ways to add value to your payroll service BEFORE you go to market (and what a buyer wants to see).

If you want to learn more about SellMorePayroll.com's Brokerage Service, CLICK HERE.
Please Visit This Week's Sponsors
102822
123122
123122
123122
Payroll Service's Stock Performance (2-Week Trend)
, we invested in the following stocks (2020 - 2022); our gains/losses have been: 
ROI Before The Friday, 8/26/22 Opening Bell


ROI Before The Friday, 8/19/22 Opening Bell
Our 2022 Stock Buy/Sell History
Asure:
  • Additional shares were purchased on 3/25/22 @ $6.04.
  • Additional shares were purchased on 1/20/22 @ $7.02.
  • A limit order was placed on 8/18/22 @ $5.02.

Paycor:
  • Additional shares were purchased on 1/19/22 @ $25.00.
  • (NEW) Additional shares were purchased on 8/22/22 @ $30.43.

Paycom
  • Additional shares were purchased on 5/5/22 @ $299.11.
  • Additional shares were purchased on 4/28/22 @ $293.50.
  • Additional shares were purchased on 4/28/22 @ $286.00.

Newtek
  • Additional shares of Newtek were purchased on 6/14/22 @ $22.57.

Workday
  • We placed a limit order for Workday on 7/15/22 @ $120.50/share.
Financial And Stock Price News
  • Word Count: 282
  • Read Time: 68 Seconds
Financial & Stock Price News Trending (Clickable Links)


Earnings Per Share (EPS) & Dividend News Trending (Clickable Links)
 
 
Insider Selling Or Buying News Trending (Clickable Links)
 
Unemployment News
U.S. Jobless Claims Edge Lower Again
  • Word Count: 132
  • Read Time: 32 Seconds
States reported that 243,000 workers filed for new unemployment benefits during the week ending Aug. 20, a decrease of 2,000 from the previous week’s revised level.

  • Unemployment claims have been trending up this year, however, and are hovering near the highest level since November 2021. Prior to that, jobless claims had been running near their lowest levels since the late 1960s. Sporadic layoffs and hiring freezes continue to be reported, primarily in the technology sector.
  • The number of workers continuing to claim unemployment benefits—1.4 million—has also been steadily rising but is still well below the pre-pandemic average of 1.7 million.

  • Federal Reserve officials have reiterated that they are determined to continue to raise interest rates until inflation—running at 40-year-highs—is under control, even if it leads to a slowdown in hiring and an increase in unemployment claims. 
Paycor Secures NFL Deal (Clickable Links)
Paychex CEO, Martin Mucci, Announces Retirement
  • Word Count: 228
  • Read Time: 54 Seconds
Paychex CEO and board chair Martin Mucci announced his retirement from the chief executive role, though he will retain his role on the board. The retirement will be effective as of October 14, 2022.

  • Current president and chief operating officer John Gibson will then assume the role of president and CEO.

  • Mucci has been CEO since 2010 and board chair since 2021. He first joined the company in 2002 as the senior vice president of operations. Gibson, the incoming CEO, joined Paychex in 2013 as senior vice president of service and became COO in 2021.

  • "The opportunity to lead Paychex as CEO has been the highlight of my career," said Mucci in a statement. "I want to extend my sincere thanks to our employees and the leadership team whose commitment and hard work have helped us achieve significant financial results, support over 730,000 clients, and provide a great environment for our employees to grow their careers. I'm confident this is the right time to make this transition. Paychex recently completed its most successful fiscal year to date, with both the sales and service organizations under the leadership of John Gibson. He is the right leader to drive Paychex into our next phase of growth."

Retirement News Articles (Clickable Links)
ADP and Paycom Information (Clickable Links)
Articles Of The Week (Clickable Links)
  • Word Count: 298
  • Read Time: 70 Seconds
Must-Read Article(s) Of The Week (Clickable Links)


Payroll-Related News Trending (Clickable Links)
 

Educational Articles To Discuss With Your Clients (Clickable Links)
 

IPO, Funding, Merger, Partnership, And Acquisition News (Clickable Links)
 
 
Internal Payroll & Worker’s Comp Fraud Articles (Clickable Links)
 

International Payroll & Payroll Fraud Articles Trending (Clickable Links)
 
Cannabis URLs Available For Purchase
  • Word Count: 125
  • Read Time: 30 Seconds
Recreational marijuana is now legal in 19 states including Washington, D.C.

And as more states legalize recreational cannabis, the federal government will be under significant pressure to legalize it on a federal level.


If you are already processing payroll for the recreational cannabis industry or are remotely considering it, we recommend the development of a website for this niche market. That being said, SellMorePayroll.com has the following URLs for sale:
  • My420Payroll.com
  • My420PayrollHR.com
  • 420ExpressPay.com
  • 420EZpayroll.com
  • 420PayDayPayroll.com
  • 420PayrollExperts.com
  • 420TimePay.com
  • 420PayrollHR.com
  • CannabisPayrollHR.com
  • MyCannabisPayroll.com
  • National420Payroll.com
Also Included In Your URL Purchase

With the purchase of any URL listed above, SellMorePayroll.com will also include:

  • Website
  • Printed Brochure
  • Logo Development
SellMorePayroll.com, A Division Of Drip Marketing, Inc.
Office: (856) 401-9577
Connect With Our President