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Small Business

Small Business

How to Make Your Small Business Financially Stable 

Every small business owner aims to create and build awareness, secure a loyal and growing customer base, generate increasing revenues, and become financially stable. There are so many things to do to make a small business successful, but in truth, becoming financially stable is the thing that can make or break a business.  Why it is Important…
Palmetto Payroll
September 29, 2022
Small Business

How to Overcome Small Business Setbacks 

If you are running a small business, you want “smooth sailing,” right? Good sales, consistent profits, growth, and no setbacks. Well, unfortunately, the path for most if not all small businesses includes some “bumps in the road;” small business setbacks. The harsh reality is that about 20 percent of new businesses fail during their first two years…
Palmetto Payroll
September 15, 2022
Small Business

11 Ways to Make Your Business More Efficient 

Do you want your business to be more efficient? That’s one of those “duh, yes, of course” questions. Improving business efficiency should be an important goal for every business, large and small. But being more efficient takes planning and deliberate consistent effort.  What is Business Efficiency  A business that is efficient improves its processes to minimize…
Palmetto Payroll
August 30, 2022
Small Business

How to Start Making Profit as a New Business

It goes without saying that every new business starts out small. Even a goliath like today’s Amazon started out small. The United States is home to many small businesses because entrepreneurship is a key part of “The American dream.” According to the Small Business Administration, there are 32.5 million small businesses in the U.S. and according to…
Palmetto Payroll
August 14, 2022
Small Business

Restaurant Employment Rates – 2022 Trends 

Dining out is certainly popular in the United States. In fact, the average American eats away from home about 5.9 times per week. There are over 660,000 restaurants in the United States to feed that “dine-out appetite.” However, restaurant employment rates are currently being hard-pressed to keep up with consumer demand rates.   Here are some interesting facts. First,…
Palmetto Payroll
June 15, 2022
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