Now business owners can look at the difficulties they face and put an actionable plan together to combat these challenges.
West Chester, PA (PRWEB) May 24, 2012
PrimePay Inc., a leading nationwide provider of payroll, tax, HR and benefit services, released a new eBook this week… 5 Small Business Challenges And How to Overcome Them. This 9-page eBook, created specifically for National Small Business Week, outlines five common obstacles small businesses face when trying to grow their companies: cash flow, business loans & lines of credit, government compliance, economic uncertainty and recruiting top talent.
Small businesses represent a significant percentage of the jobs that are created in the U.S. economy. But many small employers have difficulty growing or even surviving during uncertain economic times. In the Small Business Growth Study of External Impediments released by the National Federation of Independent Business (NFIB) Research Foundation, business uncertainty and weak sales are the two primary impediments to small business growth. That study became the basis for the new eBook PrimePay developed on small business challenges and how to overcome them.
“The NFIB National Small Business Poll does an incredible job of identifying the obstacles that stand in the way of small business growth. We wanted to take that information and go one step further,” says Nancy Mullin, Director, Inbound Marketing & Brand Development at PrimePay. “So we got to thinking… if we can expand on the data in the NFIB study and provide solutions and strategies for overcoming these hurdles… that would be a great resource for small businesses. Now business owners can look at the difficulties they face and put an actionable plan together to combat these challenges.”
In celebration of Small Business Week 2012, each day PrimePay will be posting a new article on their Payroll & Business Experts Blog which discusses one of the five hurdles outlined in their eBook. So far this week, PrimePay has posted three blog articles which specifically address the small business challenges of improving cash flow, navigating government compliance and creating a dynamic employee benefits package to attract top talent.
- 3 Maybe Not So Obvious Ways to Improve Your Small Biz’s Cash Flow
- Is Your Small Biz Confused by the Maze of Government Compliance?
- Dynamic Benefits Package is a Key in Recruiting Top Talent
PrimePay’s blog postings on Thursday and Friday of National Small Business Week will discuss how companies can repair their financial statements to improve credit history and increase efficiencies during economic uncertainty by outsourcing certain administrative activities.
PrimePay, Inc. specializes in providing payroll, tax, HR and benefit services for small and medium sized businesses. Recognized nationally, PrimePay offers full service payroll as well as options for web payroll entry and paperless payroll for an eco-friendly solution. From flexible spending accounts and retirement plans to workers’ comp insurance and time and attendance solutions, PrimePay strives to help clients increase profitability and improve efficiencies. PrimePay’s area of expertise with franchise payroll services has resulted in a number of national franchise accounts and affinity marketing programs for well known organizations. PrimePay was founded in 1986 and has more than 35 offices nationwide. Find them at http://www.primepay.com.