As a small business owner, you know how important it is to watch every dollar that comes in and out of the company. While there is nothing wrong with cutting costs, doing so in the wrong areas can be dangerous.

Despite the fact that conducting background checks will cost money upfront, it can help businesses of all sizes save in the long run.

Here are three reasons why background checks for small business are extremely important:

1. Allows you to make an informed, confident hiring decision. You know that your company is only as good as your employees. This is why you need to make the right decision every time. With a comprehensive background check, you can review everything from an applicant’s criminal history (if they have one) to drug screening to behavioral assessment.

Hands down, a background check is one of the best ways to compare applicants.

2. The cost of background screening is less than hiring, training and firing the wrong employee. Imagine how much time and money you would lose by hiring the wrong employee for a key position.

The upfront cost is well worth it when you consider how much you could lose in the long run.

3. Safety is important, regardless of the industry or company size. It does not matter if you have a handful of employees or 100-plusiStock_000007222818XSmall, safety should always be a concern. Background screening is one of the best steps you can take in ensuring a safe workplace.

If you are only hiring one employee here and there, it is easy to argue the fact that you don’t need to conduct a thorough background check. It is easy to believe that you can rely on your “instinct and gut” to make a good decision. However, this is not the case.

In today’s day and age, there is no point in taking a risk with your company when you don’t have to. With the right background screening process, you are increasing your chance of hiring the right employee while also improving workplace safety.

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SurePayroll provides online payroll services for small businesses across the nation. SurePayroll files and pays your taxes while you can focus on your business.