Not sure how this washes. Businesses are still transferring funds through accounts payable that subtract from their profits-- even when they're not writing out checks.
Sure, you can rename them to something other than "payroll", but they still amount to some form of emuneration which the government will trip over itself to immediately figure out a way to tax.
Forgot the "r". Hate it when I do that.
Hay, this idea is only intended to eliminate payrolls, not create business welfare.