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Benefits of outsourcing HR for small businesses

BMT Office Administration

HR administration is an essential component of running a small business, but it’s often one of the most challenging to manage in the early stages of small business or start-up operations. Explore the benefits of HR outsourcing below to find out if outsourcing human resources is right for your small business.

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Can AI improve one of the most expensive (and boring) parts of work?

Work Life

Today, Gusto , a payroll and HR software platform for small businesses, rolled out a new AI “assistant” named “Gus” that promises to simplify compliance and save companies from crushing fines. But for now, think of AI as a way to help early small business owners. businesses spends between 1.3%

Payroll 96
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Going solo: 3 quick ways to jumpstart your own legal practice

Ruby

You’ll also need to buy computers, printers, phones, a scanner, dictation recorders, legal software, and client relationship management software. Finding funding Small business loans are an option but require putting up collateral. A line of credit might be a better bet. We’ve got you covered!

Legal 52
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Can employee ownership improve capitalism?

Work Life

Consequently, retiring business owners looking to sell their business to their employees often find accessing needed financial, legal and other supports to be challenging. Indeed, many retiring business owners will not even consider this option, as none of their advisors are likely to mention it.

Finance 98
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10 New Business Books to Add to Your Summer Reading List

Success

There are a variety of exciting titles coming out this summer for small-business leaders and entrepreneurs. Legal Guide for Starting & Running a Small Business (18th ed.) Here are some of the most promising new releases: 1. Spreng and Patricia M.

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How Do You Survive When Your Business Isn’t Profitable at the Start?

Success

If you left a high-paying job to start a business of your own, you deserve credit for your boldness and willingness to follow your dreams. But you also need to be prepared for your finances to change dramatically. Estimates suggest that most small business owners make an average of $40,000 a year in their first five years in business.

Finance 111
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Shortage of high-quality data threatens the AI ‘boom’

Workplace Insight

The paper argues that this poses significant risks to both adoption and deployment, as inadequate data governance can lead to biases and unethical practices, undermining the trust and reliability of AI applications in critical areas such as healthcare, finance, and public services.