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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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How to Spot Employee Theft and What You Can Do About It

Insperity

One of the biggest mistakes small business owners make is putting one person in charge of the finances. a personal lifestyle that doesn’t match salary. Actions can vary from updating your employee handbook to employee termination and legal intervention. Many times theft can occur out of opportunity.

Supplies 189
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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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2021 tax deduction checklist: 10 expenses small business owners can write off

Ruby

Although it may sound like a ton of paperwork (which, to be clear, it is), this time of year also presents tons of savings opportunities for small businesses like yours. With January in the bag, most small business owners have sent out tax forms to their employees and independent contractors. Or upgrade your equipment.

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Why your promotion might come with more pressure to return to the office

Work Life

According to a recent study conducted by hybrid work software provider Scoop, nearly three quarters of organizations that employ fewer than 500 employees offer full flexibility over where to work, compared to just a third of medium-size businesses and 17% of those with more than 25,000 staff.

Promotion 111
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How to Choose an Employer-Sponsored Retirement Plan

Insperity

There are several types of retirement plans that your small business could potentially offer; each functions differently and carries different benefits. 401(k) is the most well-known retirement plan available to any business. The employer is required to contribute at least two percent of the employee’s annual salary to the plan.

Planning 100
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6 Reasons Men Are Not Working as Much as They Used To

Success

More women in the workforce can mean fewer job opportunities and, in some cases, lower salary options for men—which seems to be a barrier for them. A significant reason [for this] is the shifting economic landscape,” he adds.

Cubicle 116