Dinsmore Steele Business Blog
Gain valuable insight into small businesses' challenges and how to solve them.
Don't be stupid. Use a PEO Broker.
Finding the right Professional Employer Organization is a lot like building a house. There are over 700 PEOs to choose from. Some are great matches; most won’t be the right fit. How can you decide which PEO offers the services you need at the best price? You have two options: do it all yourself or work with a PEO broker who can set you up with the right PEO.
PEO For Sole Proprietors: Does It Pencil?
On the surface, it would be easy to decide that your one-man or one-woman band wouldn’t benefit from partnering with a PEO. But, that most often is not the case. In fact, there are some very compelling reasons why you should investigate a PEO for yourself.
How a PEO can help Small Businesses with Workers’ Compensation
Many things in life are necessary evils, be it taxes, the DMV, the Dentist and Workers’ Compensation Insurance falls in there. Workers’ Comp is required if you have employees and protects you and them in the event of well an accident. Some industries are more prone to accidents while others rarely will see any, but regardless all businesses large and small must have Workers’ Compensation Insurance coverage.
Help! Am I On the Right Health Insurance Plan?
The first time I ever chose a health insurance plan for myself, I had two considerations in mind. I wanted to find the least expensive option and make sure that they worked with my doctor. The plan I ended up choosing only met my requirement of being the least expensive and onward I went from there.
Should We Join A Professional Employer Organization?
Several misconceptions plague PEO's and the intent of this post is to dispel those myths and misconceptions. It goes without saying that not all companies are a fit for a PEO. However, if you are interested in streamlining your providers, gaining access to Fortune 500 benefits, reducing your workers’ compensation cost, and eliminating annual audits while adding HR expertise, then a PEO makes sense for you.
How a Professional Employer Organization (PEO) helps Sole Proprietors
Many people don’t know that sole proprietors, solopreneurs, and freelancers can use Professional Employer Organizations to get Health Insurance. In the past, most PEOs required that you employed 5 or more people to join a PEO. But, for many business owners, that was just never in the plans. So gaining access to quality, affordable health insurance was never an option. The closest comparable solution was joining a union or an association.