"Serious sport has nothing to do with fair play. It is bound up with hatred, jealousy, boastfulness, disregard of all rules and sadistic pleasure in witnessing violence. In other words, it is war minus the shooting."George Orwell
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Doing Business In The Future - Business Process Management Business Process Management (BPM) is a set of activities performed by organizations to improve or streamline their business processes. Since software tools are usually used to aid these activities, these software tools are referred to as Business Process ...
Starting a home-based pet related business If you're contemplating the idea of starting a home-based business here are some facts you should know: According to the Small Business Administration, home-based businesses account for over half of all the businesses in the United States. ...
The "e" In eBusiness Does Not Mean Exempt I've gotten quite a few emails recently from ebusiness owners who seem to think that just because their business is conducted online or from the comfort of home that the rules and regulations that govern brick and mortar businesses do not apply to ...
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The average small business owner in the United States now spends between 35% and 45% of their time handling just the employee related paperwork. The typical small business owner has the burden of running payroll, buying workmans compensation insurance, providing employee health insurance, processing W-2s, tracking and filing all payroll taxes, mailing all forms on time, maintaining compliance with all federal, state and local laws and defending you and your company against workers compensation claims and audits just to name a few!
Usually, a small business owners lawyer is in one city and accountants in another city. Payroll is done by ABC payroll in yet another city. Now small business has to deal with soaring workmans comp., and employee health insurance costs. It's no wonder small businesses fail. And it's fast becoming a trend to NOT start a small business at all. Who can keep up with all this chaos and still earn a measly profit anymore?
Well folks, it's the 21 century and it's time you started running your small business that way! To continue plodding along without upgrading your business practices will certainly doom your dreams of wealth. Don't believe me? Just continue your daily rut of paperwork and dealing with employee problems and in a year or so compare your business with your competitors who have upgraded and see for yourself who is playing golf all day and who isn't.
So how does one upgrade their small business from wasting time and money the "old" 20th century way to the new 21st century way of doing business that wastes zero time and earns you profits beyond your wildest dreams?
It's simple and you can start today... By firing your lawyer(s), accountant(s), human resource managers, benefits manager, risk managers and information managers. Thats right, fire them! And outsource all of these tasks to a Professional Employment Organization! Or a P.E.O. for short.
A P.E.O. manages the "business of employees" so you can manage your business for bottom-line profits! If your competitor is already using the services of a P.E.O., 35% to 45% of their time is spent earning profits and not dealing with employees. Is that the type of competitor you want to go head to head with? The competitor with a huge advantage over you? I would tend to think NOT.
And your competitors employees are receiving fortune 500 quality health benefits that keeps them happy and on the job working hard while your employees, if lucky get low rated health benefits if any at all. Your competitor makes one phone call to one P.E.O. and EVERYTHING is taken care of. Period.
Of course there is so much more to a P.E.O. then could be explained here. So Im encouraging all small business owners who are looking for the 21st century way of doing business to further educate yourselves by getting the full details of how a P.E.O. can turn your sagging profits into the bottom-line gains we will all need to survive in these trying times.
About the Author Steve Hartung P.E.O. Brokerage Referral network. (A FREE service to small business.) http://www.saveonpayroll.com (Use code: 001025 to enter site.) 3003 valmont rd. 8 Boulder, CO. 80301 1-303-938-9724 lowcost@bouldernews.infi.net
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