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Small Business

Small Business

Growing Pains: Why Your Company is Struggling to Grow 

Let’s face it. Starting a business, challenging as that is, is still easier than growing a business. Virtually every business struggles with growing pains. Even large companies struggle to sustain continuous healthy growth. And here’s the thing. The growth challenges faced by a 6-month-old 10-person business are quite different from the challenges faced by a…
Palmetto Payroll
May 2, 2022
Small Business

7 Tips for Building a Business That Will Last

Studies have shown that approximately 20% of small businesses don't make it past their first year. This is for a number of reasons but many times these issues can be addressed early on. It's possible to set yourself up for long-term business success without confusion and overwhelm. Keep reading for 7 tips on how you can achieve…
Palmetto Payroll
February 15, 2022
Small Business

Business Trends to Expect in 2022

Between emerging technologies and global pandemics, it’s no secret that the workplace is changing. In fact, Gartner predicted that by the end of 2021, 32% of all employees worldwide will have gone fully remote. As a small business, all this change can be daunting. How do you keep up? The best way you can keep…
Palmetto Payroll
December 31, 2021
Company CultureEmployee OnboardingHuman ResourcesSmall Business

6 Reasons Your Business Needs Outsourced Human Resources

The global human resources market was valued at $17.56 billion in 2020 and is expected to grow 12.2% by 2028. This is huge and shows that a human resources department is becoming extremely necessary everywhere. However, it can be a struggle to stay on top of the ever-evolving laws, trends, and technology involved in this sector. If you're…
Palmetto Payroll
December 4, 2021
Company CultureHuman ResourcesOutsourced PayrollPayroll ProcessingSmall Business

Why Is Personal Service Important for Small Businesses?

As more businesses go digital, it's easy to forget that your customers and employees are humans that need that personal touch. Personal service is one of the first things that gets sacrificed when it comes to running a modern business. This is especially true when transactions can be completed without talking to an actual person. Did you know that…
Palmetto Payroll
November 3, 2021
Company CultureEmployee OnboardingSmall Business

How Will Recent Changes in Non-Compete Restrictions Impact Your Small Business?

Requiring new employees to sign non-compete agreements has been standard practice for decades, and non-compete restrictions have been established to follow. By signing a non-compete agreement, employees agree not to conduct business that acts as direct competition to their employer within a specific geographic region. The agreement is enforceable throughout the duration of the worker’s…
Palmetto Payroll
September 30, 2021
Human ResourcesOutsourced PayrollPayroll ProcessingPayroll Tax ResponsibilitiesReportingSmall BusinessTime Keeping

Understanding Employee Overtime Requirements as a Small Business Owner

Under federal labor laws, employees classified as hourly satisfy their overtime requirements after working 40 hours in one week. While working overtime, employees must receive one and one-half times their normal hourly salary. This sounds simple enough on the surface, but small businesses often find themselves facing fines and other legal consequences because they do…
Palmetto Payroll
September 2, 2021