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News
WHAT IS YOUR STAFFING COMPANY WORTH?
(Modified: Friday, March 5th, 2010)
WHAT IS YOUR STAFFING COMPANY WORTH?
Everything is for sale at the right price and every business owner wants to know the answer to the above question. What determines the “worth” of the business? Most businesses are evaluated by some multiple of
USE THE SUI INCREASE TO YOUR ADVANTAGE
(Modified: Wednesday, February 17th, 2010)
Regular readers of mine have been warned that an increase in the State Unemployment Insurance (sometimes referred to as SUTA) tax was inevitable. In the Staffdigest issue dated February 2009 I wrote an article suggesting that this tax increase was
Paperless Process - Save Time - Go Green
(Modified: Tuesday, November 10th, 2009)
Winter weather have you in a blue mood? There are many things we can control, unfortunately the weather and courier delays is not one of them! Wouldn’t it be nice not to worry about the snow or wind in Chicago when you’re basking in the warmth of
Robbing Peter to Pay Paul - Payroll tax money is not yours to use
(Modified: Tuesday, November 10th, 2009)
This is a phrase most of us have heard before. The phrase can be applied to many situations, but mostly it is used to describe financial circumstances. With personal finances, people often borrow from high interest lenders to pay for everyday
Staffing or Banking? Which Business Do You Want To Be In?
(Modified: Thursday, September 17th, 2009)
Would you run a fast-food restaurant in the lobby of your office? How about a machine repair shop?
The answer is simple…….you wouldn’t. So why become a bank by allowing your customers to have 60 to 90 day credit terms? O.K. so maybe there
Manage Your State Unemployment Claims
(Modified: Tuesday, February 17th, 2009)
State Unemployment Tax (commonly referred to as SUTA) is the next big tax increase your staffing company faces.
It is no secret that the nation’s employers have been shedding jobs for nearly a year. These unfortunate people then apply and collect
Look for the Silver Lining
(Modified: Monday, November 17th, 2008)
As you have heard, employment continued to contract once again in October with few exceptions. Temporary help jobs accounted for 33,000 of the 240,000 job losses last month and have fallen for most of the year. We receive a daily barrage of bad
Large Contracts Can Hurt Your Business
(Modified: Friday, October 17th, 2008)
Situation: Your staffing company has finally broken through the national’s “glass ceiling” and landed a major account with guaranteed high volume business for the next year. Your staff is spending most of its time complying with the various
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