The Small Business Issue
We don’t like to pick favorites, but small businesses have always been at the heart of what we do.?This month we're shining a light on all things small business.
?Looking for a little extra cash?
The past three years have been especially hard on small businesses — if you’re looking for a little extra cash flow as you continue to bring your business beyond the pandemic, we’ve got options for you.
Small-business owners have a variety of creative financing options to keep their businesses well-funded and operating smoothly. Business owners should research solutions that apply to their unique business and industry, but most small business financing options can be grouped into the following categories.
Term Loans
Long-Term Loans
Short-Term Loans
SBA Economic Injury Disaster Loans
Business Lines of Credit
Personal Loans
Merchant Cash Advances
Equipment Loans
What Types of Financing Solutions Are There for Businesses?
Get 3 months of free HR support?
Stuck in an HR haze? For a limited time, we’re offering new customers 3 months of free HR support when you sign up, today.
Why small business employee benefits packages matter
Offering benefits beyond those that are legally mandated can be a game-changer for any small business, in more ways than one.?
Benefits are any type of perk or compensation that are offered on top of an employee's regular wages. Ranging from traditional to creative, a small business’s employee benefits can be a strategic tool that helps your business stand out among competitors and demonstrates how well the business takes care of its employees.
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Employers should not underestimate the?importance of employee benefits?for small businesses. According to its?2022 Trends Report, the Boston College Center for Work & Family attributes overwork, burnout, and a quest for more purpose and values-driven work as some of the reasons behind millions of Americans leaving or changing jobs each month. A small business employee benefits package that meets employees' needs on these issues, when added to a competitive salary, can attract job candidates, and encourage great employees to stick around, helping to ensure the longevity of the business.
Webinar: The Secret to Simplifying HR
We know you didn’t go into business for the admin work — so join us on May 17 to learn how working with a professional employer organization can bring extra value to your business, and what you can expect in terms of ROI.
What Yahoo! Finance’s Brian Sozzi Has to Say About consumer Trend Outlooks
May is Mental Health Awareness Month
Two in five employees are experiencing some combination of mental health concerns, performance issues, and stress1.?Symptoms include an increase in depression and anxiety, low energy, insomnia, and lack of motivation.
Mental health issues cost U.S. businesses billions of dollars each year in lost productivity, absenteeism, and poor performance. They can affect employee engagement, recruitment, and retention. And since 60% of employees say they would prefer a company with employee wellness programs, addressing these issues makes good business sense.
You’ll learn about:
Webinar: Why Invest in Mental Wellness
Join Paychex and Mental Health America on May 24, 2023, to assess how poor mental health could impact your business and learn the six steps to improving workplace wellness.