🌎 Use my recruiting company Paired to hire top talent overseas and save 90% on your payroll (you can hire people for as low as $5/hour): https://www.paired.so
 
In this video, I'll show you how to run payroll affordably for your business step by step, whether you're paying yourself as an owner or managing employees and contractors within your business. I've been running payroll for my businesses that employ over 80 people right now, and I've used a ton of great tools and a ton of bad ones too to know which ones work. This video is exactly what I wish I had when I was starting out, because honestly, most business owners waste a ton of money trying to figure out which platform works best for their situation.

Depending on if you have an S Corp, LLC with S Corp Election, Single member LLC, sole proprietorship, or C Corp, this video will show you the correct way to run payroll and pay yourself and your team.
 
I also use Deel to handle contracts and payments for international contractors (up to $1500 in credits when you use this link): https://bit.ly/deelpayroll
 
Free Business Consultation Guide for new business owners here:
https://bit.ly/llc-guide-2026
 
► Get access to my FREE side hustle courses:
https://www.sidehustlemastery.com

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https://buildabetterbusiness.co/subscribe
 
Be sure to watch this video until the end, because I'll show you how to set up payroll using Gusto on my screen, walk you through paying 1099 contractors and international hires, and point out the biggest mistakes I see beginner business owners make. Once you see how easy the actual process is, you'll realize payroll is way more straightforward than it seems.

I also cover the W2 payroll setup for yourself and your team, how to pay US-based 1099 contractors, and how to handle overseas team members using tools like Deel, Wise, and Payoneer. You'll learn about payroll software pricing, tax filings, compliance, pay structures, and how to automate the whole thing so it's low touch after the first setup. If you're stuck on whether you actually need payroll software, which one to pick, or how to pay people overseas without dealing with a mess of paperwork, this will clear things up fast.
 
If you want to see more videos on starting a business, check out my other videos:
 
Bizee Tutorial: How to Start an LLC with Bizee in 5 Minutes:
https://www.youtube.com/watch?v=oEp6_Fr7L6w
 
Best LLC Formation Services to Start a Business for FREE!:
https://www.youtube.com/watch?v=FtIzQ5OM8_g

I hope you guys found this video helpful, and if you did, please SHARE it with a friend or family member who you think could benefit and also LIKE and subscribe for more videos like this in the future!
 
Thank you for watching, and I hope you have a wonderful rest of your day!
 
– Charlie
 
#payroll #LLC #SCorp
 
Timeline:
0:00 – Intro
0:35 – Why u0026 When You Need to Run Payroll
2:10 – How to Run W-2 Payroll for S Corp LLC and C Corp
7:20 – How to Set Up and Run Your First Payroll
8:39 – Common Mistakes
10:00 – Paying International Contractors
11:37 – Hiring Overseas
 
Disclaimer: Some of the links above may be affiliate links, which means that if you click on them, I may receive a small commission. The retailers and financial services companies pay the commission at no cost to you, and this helps to support our channel and keep our videos free. Thank you!
 
In addition, I am not a financial advisor. Charlie Chang does not provide tax, legal or accounting advice. The ideas presented in this video are for entertainment purposes only. Please do your own due diligence before making any financial decisions.
 
► My Instagram: https://www.instagram.com/charlie__chang/