The pros and cons of using a PEO company

As a young startup or a small company, you might find dealing with health benefits and retirement benefits is a time-consuming task that isn't easy for you or your staff. This is why small companies often choose to work with Professional Employer Organizations (PEOs). This gives your employees access to better benefits and more human resources services than you might otherwise be able to provide. What is a PEO company? A professional employer organization (PEO) is a firm you can hire to provide ...

8 reasons you need a CFO

According to Inc , one of the most common reasons startups fail is a lack of cash. This where a chief financial officer (CFO) can really help you by staying on top of your finances, knowing what you need to succeed as well as when it's time to raise some more funds. Let's look at eight reasons why you need a CFO for your startup. The definition of a Chief Financial Officer Some businesses will choose to hire a CFO on staff, while others will decide to outsource this position. Either way, a CFO w...

Outsourcing HR for start ups

Outsourcing is the secret weapon for startups. It's part of an effective business model, and one that can help you succeed. While there are several areas in which you might find outsourcing beneficial, let's look at outsourcing HR as this is one area where it's definitely a good idea. You already know that growing your startup is an exciting time as well as one that leaves you wearing many hats. The good news is that with outsourcing, you don't have to do everything. When you outsource your HR, ...

7 business lessons from famous entrepreneurial families

Many challenges come with starting a new business and advice from experienced entrepreneurs is always a great tool to help stay motivated. From small shops starting out to industry giants, there is always something new to learn from the trials and tribulations businesses face, especially when working with family! Business icons such as Ralph Lauren and Sam Walton are just a few of the driven leaders of powerful families Fundera featured on their recent infographic highlighting business lessons f...

Checklist for finding a business services company

Hiring staff to take care of your IT, human resources, and accounting may not be feasible for your startup. This is why it's very beneficial for startups to hire a business service company. If you're currently in the market for an outsourced team, take a look at this checklist for finding a business services company which will work well for your needs. Know your need Before finding the right fit, you first need to know what your needs are. Make a list of the tasks you need help with. Create a pr...

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