Starting a new business is an exciting but stressful time. While the freedom to be your own boss is relieving to many people, that freedom can feel overwhelming at times. Handling these early decisions properly is critically important, as the Small Business Administration (SBA) points out, nearly half of all small businesses close up within … Read More »
Running the HR functions of a business is a daunting process, especially for those business owners without a background in the field. There are many legal requirements you must meet, and HR functions can take over large portions of your workday. Professional Employer Organizations (PEOs) offer HR support services designed to make running a small … Read More »
If you run one of the 30.2 million small- to medium-sized businesses that the Small Business Administration (SBA) reports as operating in the U.S. today, you know that there are complex challenges that must be met to keep your business running. Sometimes, these challenges can feel overwhelming for a business owner to handle on their … Read More »
Many small and mid-size business owners turn to PEOs to simplify their lives by outsourcing key HR and accounting functions. However, that’s not all that a PEO can do for your business. The right PEO can give you the tools to cultivate your workplace culture and can help provide your employees with better benefits packages. … Read More »
Losing an employee can be a difficult process for a small business. Given the more intimate size of your company, a single employee leaving can mean having to adjust significantly different office dynamics. However, what you end up paying out of pocket for a lost employee can be surprisingly high. Depending on the nature of … Read More »
Signing up with a professional employer organization (PEO) can really help small businesses grow. According to a 2017 study conducted by Laurie Bassie and Dan McMurrer of the National Association of Professional Employer Organizations (NAPEO), small businesses that partnered with a PEO saw twice the median revenue growth over similar businesses that didn’t. More than … Read More »
Many businesses, regardless of their size or the industry in which they operate, turn to PEOs (or professional employer organizations) for human resources outsourcing helps. Currently, the National Association of Professional Employer Organizations has announced that there are more than 900 PEOs operating in the United States. This deep well of PEOs may be good … Read More »
One way that employees can give feedback to a company, its owner, and their employer is to have the employer conduct an employee survey. Doing so gives the employees a voice, makes them feel heard, and can help business owners in a number of different ways. In fact, employee surveys provide some of the most … Read More »
Most business owners start their companies because of a deep passion for their industry and a desire to promote their products. Many of these employers and innovators may be well-versed and knowledgeable about the work of their business, but few are up to date with human resources services. This lack of experience in such a … Read More »
In order to ensure workers’ safety and to prevent the workforce from being exploited, governments at the municipal, state, and federal levels enact legislation requiring companies to comply with a host of laws. Violations of these regulations can mean lawsuits from employees as well as hefty fines from the government, so it is important for … Read More »
Despite taking precautions to ensure a smooth workplace, it sometimes feels inevitable that a dispute between an employer and an employee will take place. When a conflict arises, it is important to have a clear resolution process in place so that both parties understand what will happen and how the matter will be handled. As … Read More »
The backbone of economic growth in the United States is the success of small businesses. Typically, this means businesses with between five and 100 employees, which is the range of companies served by the many PEOs in NetPEO’s nationwide network. For some small business owners, payroll may be a hassle. Entrepreneurs tend to start companies … Read More »
In the growing American economy, small businesses are vital to ensure stability and continued success. To achieve that end, the government rolled out a new tax deduction available for business owners known as the Qualified Business Income Deduction, or Section 199a deduction. Essentially, the way to determine whether or not a taxpayer qualifies for this … Read More »
When outsourcing human resources and accounting services, business owners and employers face many choices. According to the National Association of Professional Employer Organizations, there are over 900 professional employer organizations (PEOs) across the country that perform outsourced HR work for companies in need. But companies should not have to sift through all 900 PEOs to … Read More »
As companies continue to use professional employer organizations (PEOs) to outsource their human resources and accounting needs, the market for these organizations has increasingly expanded. Though it can be overwhelming to choose a list of possible PEOs for your business, NetPEO is here to help. According to the National Association of Professional Employer Organizations’ industry … Read More »
Professional employer organizations (PEOs) like the ones in NetPEO ’s nationwide network work alongside client companies to provide excellent human resources and accounting outsourcing services. Less expensive than hiring a full-time, permanent HR and accounting staff, a PEO can help business owners save both time and money. Among the many different ways in which PEOs … Read More »
Many business owners have begun to turn to PEOs, or Professional Employer Organizations, to help save money and time on their human resources and accounting services. Also known as PEO sales in the industry, a PEO sales executive or PEO sales consultant is someone who helps clients by managing their specific services, creating a plan … Read More »
Finding the right solutions for a particular business problem can be difficult and time consuming for many business owners. Companies may be unsure about their specific needs or unsure about how to get in touch with a PEO that has the right experience to match their issues. By using a PEO broker like NetPEO, business … Read More »
Running a business is difficult. It comes with complications that many first-time business owners may not foresee, such as dealing with complex tax law, adhering to convoluted regulations, putting workplace safety policies in place, and more. Even worse, the solution of hiring an in-house accountant and human resources staff can rack up serious bills. PEOs … Read More »
PEOs (professional employer organizations) can work with client businesses by entering into a co-employment arrangement and providing human resources and accounting services. Since this can save business owners significant amounts of money, the businesses that most often partner with PEOs include smaller and newer companies with between five and 100 employees. However, there is no … Read More »
Modern business owners are able to meet the needs of their companies in more ways than ever before. There are a variety of different solutions to human resources, administration, and financial problems available to everyone from small business owners to mega-corporations. Though temporary staffing or employee leasing are valid options, these are distinctly different from … Read More »
Professional Employer Organizations (PEOs) perform a wide variety of services for companies in need. The use of PEOs is especially beneficial to smaller companies with between five and 100 employees, but many new business owners may struggle with finding the right PEO for their organization. This difficulty may increase in the future, as the growth … Read More »
One of the stressful issues that comes with running a business is the management of risk. Companies are at risk in areas like compliance with local and federal workplace regulations, appropriate tax reporting, handling of employee administration matters, investments, and more. By working with a Professional Employer Organization (PEO), business owners can help lower their … Read More »
A professional employer organization (PEO) can be largely beneficial for both the company that partners with it and the employees who work for the company. One of the most attractive benefits of such a partnership is the fact that employees often have to pay less for their benefits packages, and those packages are usually better … Read More »
A PEO, or Professional Employer Organization, can help businesses cover important HR services. While outsourcing HR needs to a PEO is a technique often used by larger corporations and big businesses, smaller companies with between five and 100 employees can especially benefit from the services that a PEO can offer. At NetPEO, we act as … Read More »