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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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Hello Alice Co-founders Carolyn Rodz and Elizabeth Gore Are Fueling the Small Business Ecosystem

Success

A journey filled with unexpected events is an apt comparison for what many small business owners encounter in entrepreneurship. During a conference in 2015, the future co-founders started talking about a mutual passion to address the problem of equity in the small business space. What is Hello Alice?

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Small business automation: getting started with Ruby and Zapier

Ruby

And it can be a powerful tool for getting stuff done—especially for a small business. Why is automation important for a small business? Automation can also reduce human error while boosting efficiency —a one-two combo that’ll knock out those tedious tasks bogging down your business. Time is money, is it not?

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Surviving economic uncertainty: 5 steps to help your small business thrive

Ruby

Uncertainty can be really scary for a small business owner. But there are steps you can take to make your business more financially stable and help it survive the more challenging times. In the last few years, when the economy was booming, there was a huge increase in new small businesses.

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Small business exit strategy: what it is and why you need one

Ruby

Types of exit strategies Business sale Selling is a popular if sometimes tricky option. There’s almost always an investor—or a competitor—waiting in the wings to snatch up a strong, established business if it’s turning a profit and the price makes sense. Few owners have ever flourished that way.

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Can employee ownership improve capitalism?

Work Life

For example, advisors or business owners may mistakenly believe employees have to pay for the business out of their pockets, raising concerns whether employees have sufficient financial capacity. But confounding factors can make financing the deal a challenge. Over half of small business owners are near or at retirement age.

Finance 98
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Boost Your Business: 21 Essential Online Tools for Small Business Owners

Launch Work Places

Running a business can feel like trying to juggle a million things at once, which is why leaders and managers need to find the right strategies and support to meet their goals. An essential piece is finding online tools for small business owners that help optimize efficiency , productivity, and communication.