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TriNet Group
(1) One-Year Of Free Payroll
Processing From TriNet Zenefits HR
(Annual Contract Required)
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  • Read Time: 34 Seconds
Earlier this week, HRMorning e-mailed SellMorePayroll.com an offer for "one year of free payroll processing and tax filings" (see image below) with TriNet Zenefits.

Offer Details:

  • Free Payroll for a Year* – free full-service payroll for the following 12 months with select HR subscription plans (Growth and Zen) — for new customers selecting an annual contract.
  • No Additional Fees – unlimited pay runs, multiple pay schedules, federal and state tax filings.
  • Quick Start – have your digital workplace up and running within 2 to 3 weeks.

Who Is Eligible? 

  • Must purchase a current HR Tier package.
  • Free Payroll for the term of the contract. May not be renewed beyond initial term.
  • Annual contracts only.
  • No other TriNet Zenefits discounts applied. Cannot be combined with any other offers or incentives.
  • Limited time offer. Subject to availability.

Payroll Industry Analysis Reports
Free Payroll Industry
Money Transmitter Licensing Report
By Glenn Fallavollita, President of SellMorePayroll.com

  • Word Count: 152
  • Read Time: 36 Seconds
This free payroll industry report, created by SellMorePayroll.com, outlines 'possible' Money Transmitter Licensing requirements for the payroll service industry.

Key Sections Covered In This Payroll Industry Report Are:

  • What is a Money Transmitter License
  • Possible Licensing Requirements
  • Compliance with Anti-Money Laundering (AML) Regulations
  • State vs. Federal Licensing
  • Ongoing Compliance and Reporting
  • Consult with Legal and Compliance Professionals
  • Benefits of Obtaining a Money Transmitter License
  • Why Payroll Professionals Should Join Industry Associations, i.e., TPG and IPPA


Why Is The Payroll Service Industry Under Close Scrutiny?

In 2019, two former payroll company CEOs were caught committing the largest bank fraud and blatant check-kiting schemes in the US. Since that time, the payroll service industry has come under intense scrutiny by many state lawmakers.

To read more about IOI and MyPayrollHR, whose former CEOs each reportedly stole in excess of $100 million, click on the links below.

Payroll Service Owners
Are You Thinking About
Selling Your Payroll Service In 2023?

  • Word Count: 151
  • Read Time: 36 Seconds

Attention All Business Owners:
Are you thinking about selling your payroll service or your firm's book-of-payroll business due to your health, retirement, or the possible Money Transmitter Licensing issues?

No matter what the reason is to sell, the pros at SellMorePayroll.com's Brokerage Service can help you in the following ways:

  • #1: We'll Connect You With Cash-Flush Buyers - We have a network of cash-flush buyers who are willing to pay a premium for your book of business.

  • #2: Healthy Bidding Situation - Due to our deep Rolodex file of buyers, we can create a healthy bidding situation for your business.

  • #3: We Can Help Negotiate Your Letter-Of-Intent (LOI) - When you negotiate the terms of your LOI and final purchase agreement, ALL buyers will place a myriad of 'hidden landmines' which will affect your final selling price. We can help you avoid these issues as we have experience with the wording to avoid and/or modify.

SellMorePayroll.com has a 'go-to' list of buyers in the following states (highlighted in RED):
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California (Northern)
  • California (Southern)
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas (Dallas Houston Area)
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming
Get Your Payroll Service's
True Market Value

If you want to know your payroll service's TMV in today's market, call the brokerage experts at SellMorePayroll.com. We have the industry expertise (and negotiation insights/tips) to help guide you in the right direction BEFORE you proactively start the selling process.

Don't leave money on the table; call the experts @ SellMorePayroll.com today.
Please Visit This Week's Sponsors
Stock Performance (2-Week Trend)
, we invested in the following stocks (2020 - 2023); our gains/losses have been: 
ROI Before The Friday, 6/23/23 Opening Bell
ROI Before The Friday, 6/16/23 Opening Bell
Our 2023 Stock Buy/Sell History

Workday:
  • Placed a limit order on 6/23/23 @ $177.00/share.

Paylocity:
  • Sold partial portfolio on 6/6/23 @ $191.50/share.

Paycom:
  • Sold partial portfolio on 6/6/23 @ $309.40/share.

Paycor:
  • Sold partial portfolio on 6/6/23 @ $24.23/share.
  • Sold partial portfolio on 6/6/23 @ $24.20/share.
  • Sold partial portfolio on 6/6/23 @ $24.18/share.
  • Additional shares were purchased on 5/11/23 @ $21.20.

Newtek
  • Sold partial portfolio on 6/6/23 @ $15.04/share.
  • Sold partial portfolio on 6/6/23 @ $15.02/share.
  • Additional shares were purchased on 3/17/23 @ $11.45.
  • Additional shares were purchased on 3/2/23 @ $15.55.

Trinet:
  • Sold shares on 2/16/23 @ $86.53.

Insperity:
  • Sold shares on 2/16/23 @ $121.35
Stock Highlight
Stock Highlight: Asure

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  • Read Time: 72 Seconds
After reviewing the historical trading chart (Yahoo Finance) for ASUR, we've identified possible buying zones should the stock's price cool off in the next 90 - 180 days. The stock's profile and buying zones are:

Stock Profile:

  • 52-Week High: $17.1399
  • 52-Week Low: $4.87
  • Dividend Payout: 0%

Trading Profile:

  • Possible Buy Zone #1: $10.72
  • Possible Buy Zone #2: $10.25
  • Possible Buy Zone #3: $9.93
  • Stop Loss Set @: 2.5%
  • Target Profit Set @: 6% - 10% (Based On Entry Price)

Summary: ASUR closed on 6/22/23 @ $12.26, and the possible buy zones above represent a 12.6% - 19% pullback. That said, we will keep a watchful eye on this stock (no dividends are paid); however, we are proceeding with caution due to the quick changes in share price. Additionally, the trading profile information listed above can and will change based on a myriad of variables.
DISCLAIMER:

Stock recommendations and comments presented above are for recreational purposes only. They do not represent the opinions of SellMorePayroll.com on whether to buy, sell or hold shares of a particular stock. Investors should be cautious about any and all stock recommendations and should consider the source of any advice on stock selection. Various factors, including personal or corporate ownership, may influence or factor into an expert's stock analysis or opinion. All investors are advised to conduct their own independent research into individual stocks before making a purchase decision. In addition, investors are advised that past stock performance is no guarantee of future price appreciation.
According to Companiesmarketcap.com:

  • Market capitalization of Asure Software (ASUR)
  • Market cap: $0.25 Billion

As of June 2023, Asure Software has a market cap of $0.25 Billion. This makes Asure Software the world's 6,201th most valuable company by market cap, according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.
Dividend News
2023 Non-Payroll Dividend
Stocks Vs. Payroll Dividend Stocks

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  • Read Time: 81 Seconds

Dividend stocks are a specific category of stocks that distribute a portion of the company's earnings to investors on a regular basis. Other key points:

  • Most American dividend stocks provide investors with a fixed amount each quarter.
  • The benefits of dividend stocks don't end at regular payments. Investors also have the option to reinvest dividends if they don't immediately need the stream of income.
  • This reinvestment can potentially increase the investor's overall return over time.

It's crucial to understand the ins and outs of dividends and their workings to utilize them effectively.
Top Dividend S&P 500 Stocks And Their Trailing Dividend Yields As Of June 9, 2023

  • AT&T Inc. (T) - Trailing Dividend Yield: 7%
  • Boston Properties Inc. (BXP) - Trailing Dividend Yield: 7.2%
  • Verizon Communications Inc. (VZ) - Trailing Dividend Yield: 7.4%
  • KeyCorp (KEY) - Trailing Dividend Yield: 7.7%
  • Lincoln National Corp. (LNC) - Trailing Dividend Yield: 7.8%
  • Altria Group Inc. (MO) - Trailing Dividend Yield: 8.3%
  • Coterra Energy Inc. (CTRA) - Trailing Dividend Yield: 8.6%
  • Pioneer Natural Resources Co. (PXD) - Trailing Dividend Yield: 11.3%
  • Devon Energy Corp. (DVN) - Trailing Dividend Yield: 9%
9 Of The Highest-Dividend Stocks* Headquartered In The U.S. As Of June 1, 2023

  • Mesabi Trust (MSB) - Dividend Yield: 27.84%
  • Cal Maine Foods Inc. (CALM) - Dividend Yield: 10.83%
  • Hercules Capital Inc. (HTGC) - Dividend Yield: 10.79%
  • Ares Capital Corporation (ARCC) - Dividend Yield: 10.25%
  • TFS Financial Corp. (TFSL) - Dividend Yield: 9.99%
  • Saratoga Investment Corp. (SAR) - Dividend Yield: 9.96%
  • Devon Energy Corp. (DVN) - Dividend Yield: 9.78%
  • Coterra Energy Inc. (CTRA) - Dividend Yield: 9.03%
  • Premier Financial Corp. (PFC) - Dividend Yield: 8.90%
Payroll Company Dividend
Yields As Of June 22, 2023

  • Newtek - Dividend Yield: 4.20%
  • Paychex - Dividend Yield: 3.20%
  • ADP - Dividend Yield: 2.30%
  • Insperity - Dividend Yield: 1.90%
  • Intuit Inc - Dividend Yield: 0.70%
  • Paycom - Dividend Yield: 0.50%
*This list also takes into account the 5-year average dividend growth rate.
Financial And Stock Price News
If you want to read any of the articles below, click on the
BLUE headline, and you will be directed to the full article.
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Please Visit This Week's Sponsors
Sales And Marketing Tips For
2 Money-Making
e-Mail Marketing Tips
(To Win More Sales Leads)
By Glenn Fallavollita,
President of SellMorePayroll.com
36-Second Read Time

To overcome the challenges and maximize the effectiveness of your e-mail marketing messages, here are two tips to review:

#1: The Power of Engaging Subject Lines
  • The subject line of an e-mail campaign is often underestimated, but it acts as the first impression your business makes in the email marketing landscape.
  • With limited space and an abundance of competition, the subject line must be concise, intriguing, and relevant to the recipient.
  • A meticulously crafted subject line has the power to grab a subscriber's attention, encouraging them to open the email and explore its contents.

#2: Database Segmentation Strategies

  • A strong segmentation strategy is indispensable.
  • Segmentation involves dividing your e-mail list into distinct groups, i.e., clients, prospects, and referral partners,
  • By understanding the needs of each group, your payroll business can craft highly relevant and personalized messages that resonate specifically with each segment.
  • This approach enhances engagement and boosts conversion rates, making it a critical component of any effective email marketing strategy.
5 Tips To Help You Connect With Your Clients, Prospects, And Referral Partners
By Glenn Fallavollita,
President of SellMorePayroll.com
36-Second Read Time

I've listed five e-mail marketing tips below to help you connect with your e-mail database and help drive sales leads and referrals. 

  • #1 Use A Drip Marketing Strategy: Drip marketing campaigns are designed to help nurture your database of clients, prospects, and referral partners, as they can deliver targeted content based on specific triggers.

  • #2 Creating Engaging Content: To help captivate a subscriber, it's essential to focus on creating valuable and engaging e-mail content. Incorporating storytelling, visuals, and multimedia elements can make your e-mails stand out.

  • #3 Personalization: Leveraging personalization techniques, such as addressing your audience by name, recommending products based on their preferences, and sending targeted offers, enhances personal connection.

  • #4 Optimal Timing and Frequency: Experimenting with different timings and analyzing open rates, click-through rates, and unsubscribe rates helps identify patterns.

  • #5 Data-Driven Decisions: Tracking and analyzing open rates, click-through rates, and conversion rates provide insights into the performance of your emails. 
Until a device is invented that can predict the exact moment in time when someone needs a new payroll service, it is your responsibility to maintain regular communication with them; therefore, a drip marketing strategy is vital to your sales and marketing success.
About The Author:

Glenn Fallavollita, President of SellMorePayroll.com, is a nationally recognized keynote speaker who provides money-making advice to business owners, sales leaders, and marketing/sales pros on how to turn their database of prospects into clients and clients/CPAs into raving referral sources. Other notable highlights...



If you would like to hire Glenn to speak at your next payroll conference, CLICK HERE to visit DripMarketingSpeaker.com.

Copyright © SellMorePayroll.com All rights reserved. 
Additional Sales And Marketing Tips For You
If you want to read any of the links below, click on the
BLUE link, and you will be directed to the full article.
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  • Read Time: 23 Seconds
Free e-Mail Marketing Trial
For
, do you want to take your payroll company's marketing to the next level? If you do, we are offering you a FREE 30-day trial of our money-making system.

  • No credit card or set-up fees.
  • FREE campaign design and copywriting.
  • FREE online dashboard to view results.
Unemployment News
Unemployment Claims Hold Steady @ 264,000;
Highest Since October 2021
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  • Read Time: 36 Seconds
In the week ending June 17, the reports from states highlighted no change in the number of new unemployment benefits claims, standing at 264,000.

  • This level marks the peak of initial claims since October 2021, marking three consecutive weeks of high claims.
  • Around 1.75 million workers are persisting with their claims for unemployment benefits. Despite this, economists maintain that by historical comparison, the rate of unemployment remains low. However, the unemployment rate did see an increment to 3.7% in May.

Layoff Anticipations Yet to Materialize Amid Interest Rate Hikes.

  • The economic landscape this year predicted a surge in layoffs as the impact of interest rate increases permeates the economy. However, no significant rise in layoffs has been observed to date.
  • There are some analysts who are predicting a mild recession by the latter half of 2023 or early 2024.
  • In contrast, others emphasize the labor market's extraordinary resilience, even during the protracted campaign of interest rate hikes intended to dampen it.
Articles Of The Week (Clickable Links)
If you want to read any of the articles below, click on the
BLUE headline, and you will be directed to the full article.
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  • Read Time: 80 Seconds
Newsworthy Articles To Read
If you want to read any of the articles below, click on the
BLUE headline, and you will be directed to the full article.
  • Word Count: 126
  • Read Time: 30 Seconds
About SellMorePayroll.com
SellMorePayroll.com, a division of Drip Marketing, Inc., is a national sales and marketing consulting firm specializing in the payroll and HCM industry.

Since 2003, SellMorePayroll.com's Drip Marketing System 10.0 has helped its payroll/HCM clients turn their database of prospects into paying clients, and their database of clients and referral partners into raving referral sources; it is the perfect push-pull strategy for any size business, including yours.

To learn how SellMorePayroll.com's Drip Marketing System 10.0 can help improve your sales and marketing efforts, visit their website at www.SellMorePayroll.com or call their office @ (856) 401-9577.
Copyright © SellMorePayroll.com All rights reserved.