A small business is only as good as its management and budgeting when it is first getting started. No matter what kind of industry you operate in or how good of a product you have, these are the things that keep you on track. You can easily find yourself in some serious trouble without such leadership to guide the business and the resources to fund everything.
These skills develop as time goes on, leading you to more opportunities to make your business increasingly efficient and profitable. A great opportunity to look into is how you manage your small business human resources. Rethinking how you approach HR can save you a significant amount of time and money, in more ways than you might think.
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In August of 2017, an employee of an independent State Farm agent was facing multiple charges. It seems she was billing customers of their cash. The initial amount was $38,000.
As a customer-facing employee, the processing of premium payments is standard. And, some of her processing was gracing her checking account.
But, both she and the State Farm agent are not employees of the insurance giant. All agents are independent, and their employees are their responsibility.
The giant State Farm HR department does not work for Independent Agents. So, human resource confidentiality isn't a benefit for them. Soon after her arrest, the office shut down.
The confidential information employees often have access to can, for some, be tempting. And, it's not credit c...
Small business HR can be a nightmarish experience. It's an area often wrought with legal issues and the potential to damage your hard-earned reputation.
Small businesses and startups don't usually have a huge HR team to help them. Rather, they're forced to navigate the complexities of workplace politics and legal requirements alone. They must rely on research or learning the hard way.
From hiring to firing and everything in between, a single error in the HR department could prove costly.
Don't let these six small business HR blunders become your worst mistakes:
HR positions are among the fastest growing in America with an expected hike of 9% between 2016 and 2026.
This is due to the value a quality HR team can bring to a workplace. HR professionals are in charge of many administrative functions within companies. They oversee recruiting efforts, conduct interviews and are instrumental in the hiring process.
If you own or help manage a small business, one of the main questions you may have is how to incorporate a quality HR presence into your company in a cost-effective fashion.
A solution to this that many companies have explored is HR outsourcing services. By outsourcing HR, small businesses are able to delegate some or all essential HR functions to external parties.
The focus of this article is to discuss some of the advantages of HR outsourcing as well as some of its pitfalls to determine if it's right for you.
How many employees you have should inform your thought process when considering outsourc...
Everyone knows that starting a small business is never easy. Between hiring new employees and keeping up with payroll - owning your own business can get hectic if you don't have everything in order.
A functioning Human Resources department is perfect for preventing this kind of chaos.
It's no secret. Behind every successful business is a solid human resources department. A good HR department is able to set the moral, find the right candidates, and set the culture for your small business.
But what does it take to develop a solid HR department structure? What steps should you take when wanting to implement an HR department in my small business?
Here the ultimate list of what it takes on starting an HR department.
Job descriptions are everything when it comes to your human resource startup.
A job description is going to be a list that describes the general tasks and duties that inform applicants and current employees what skills are required ...
As a small business, there are many things you're exempt from, but human resources isn't one of them.
Human resources for small business is one of the first things you should think about as soon as you consider hiring your first employee. Why? Because as soon as you hire someone, it's your employees - not your product or service - that become the most valuable part of your business.
Human resources doesn't only shape your company - it can also make or break it through hiring, firing, and performance.
So do you need small business HR? Absolutely. Keep reading to learn how to get started.
Human resources is a management system dedicated to all things related to your employees - i.e., your human resources.
It covers:
Essentially, human resources help keep your employees happy and healthy at work.
Although human resources appears...
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