Small business owners are special people. Not everyone can handle the stress, endless work, and creative demands that must be met if you want to start your own business.
For one thing, entrepreneurs must have an uncanny ability to multitask. If you’re not ready to perform the duties of at least three different full-time employees, this might not be the right career path for you. In the first few years of a small business, the owner is required to be the chief decision maker, the president of marketing, and the training supervisor all rolled into one.
Small business owners must often operate with a very limited budget in their first years of their company’s existence as well, which is why many balk at the idea of spending money on human resource management.
Recent research from the National Association of Professional Employer Organizations (NAPEO) suggests that rather than being a luxury expense, investing in outside human resource management is the key to encouraging small business growth.
In a 2013 white paper titled, “Professional Employer Organizations: Fueling Small Business Growth,” NAPEO researchers documented the surprising number of ways that the services of a professional employer organization (PEO) like, the ones recommended by the The Medical Link, can help small businesses to thrive.
“Achieving sustainable competitive advantage through better management of employees is a huge challenge for even the largest and most sophisticated companies. But that challenge is even greater for small and mid-size organizations. PEOs point to precisely that value proposition: they focus on the “people side” of their clients’ businesses more effectively, avoiding compliance pitfalls and creating key benefits for the business and its employees, while simultaneously freeing up time for owners and executives to concentrate on growing their business by focusing on operations, strategy, and innovation,” write the paper’s authors, Lauri Bassi and Dan McMurrer of McBassi & Company.
Don’t endure the extra stress that comes from trying to go it alone. Enlist the human resource management advisory services of The Medical Link, and prepare to leave your competition in the dust.
Contact us for free information about for our PEO consultation and selection services today!