Running a small business is a challenge. This past business year, navigating through 2020 and the COVID-19 pandemic has been a challenge most of us were not prepared for. However, we can use what 2020 has taught us and prepare our businesses for 2021. Below are 3 tips on how to prepare your business for 2021.
Review Your Business Model
Since things look very different in 2020, it may be a great time to reevaluate your business plan and model. If you operate in the food industry, have you adjusted to online ordering, delivery and contactless pick up? If you sell products in a retail space, have you ensured that your products are available online for purchase and shipping? If you offer a service, like coaching, are you prepared to offer services virtually?
Ask Your Employees For Feedback
Now would be a great time to ask your employees for input about their current work environment, whether that is online or in person. Do they feel safe at work? Are they happy with their current benefits? Do they see areas where your business could make improvements and help grow your bottom line? Your employees are one of your greatest assets. They can offer insight to the inner workings of your company and shed light on issues that may be impossible to see as their Employer. Be sure to take care of the team you have.
Outsource Employee Benefits & Payroll
If employees are one of your greatest assets, taking care of them is one of the most important investments you can make in your business. Therefore, outsourcing employee benefits, payroll administration, filings and reporting under one roof can not only save you money, but help you retain and attract great employees! This is where Consolidated Personnel Services can help you transition your company to a PEO (Professional Employer Organization) for 2021, saving you time and energy. Ultimately, freeing you up to focus on your business at hand.
With all of the challenges that your business has faced this year, take the time to prepare for business for 2021. Ask your employees important questions, reimagine how your business can thrive & outsource time consuming tasks.
Consolidated Personnel Services, a Professional Employer Organization (PEO), provides services to our clients that return the highest value for their investment. We provide services such as Payroll Administration, Worker’s Compensation Insurance & Claims Management, Benefits and Human Resources
We continue to exceed customer expectations by consistently delivering superior service to our clients due to an internal business culture that promotes employee empowerment, open communication, and a commitment to honesty and integrity.
This philosophy helps eliminate surprises, maximizes client satisfaction, and client retention. We partner with you to serve your business needs, so you can get back to business.