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Time is Money

  • Sean K. O'Neill
  • Jan 29, 2016
  • 2 min read

Updated: May 22, 2023

The American dream is to own a business or multiple businesses that allow you to live a free lifestyle where your employees and money do the work for you. However, in the efforts to create and drive an amazing business, most small business owners end up becoming glued to the helm.

A common mistake amongst entrepeneurs and small business owners is to rely on their own work, trying to solve all the problems of running a business. They spend so much time and money protecting their idea and business, they end up making very little progress and the business ultimately dies.

Some of the common challenges and hurdles that bog down owners and limit company growth are:

- Understanding the legal and tax implications of setting up the business.

- Hiring reliable and skilled employees

- Researching and providing payroll and benefits

- Setup and Maintenance of tax and accounting records

- Maintaining and leveraging financial cashflows

Staff Consultants, PEO organizations, and Temp Agencies are all ways to increase work performance and bandwidth while allowing the owner to guide their business growth and live a free lifestyle.

- Staff Consultants are skilled at their respective job functions and can provide insights into optimized work performance while temporarily performing heavyweight job duties.

- PEO (Professional Employer Organizations) handle the HR, Payroll and benefits of your company so that you limit your liability and significantly lower your time spent on maintenance.

- Temporary Employment Agencies can provide a quick and frequently vetted workstaff to help start you out or fill gaps in your organization.

Instead of wasting your time and money, and letting your business waste-away, plan out the resources you need to keep your company running and employee the skilled experts that can get the job done for you.

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