Business Entrepreneurship
Every effective and successful business has someone who is the “entrepreneur”. Merriam-Webster defines an entrepreneur as “one who organizes, manages, and assumes the risks of a business or enterprise”. Management skills and strong team-building abilities are often perceived as essential leadership attributes for a successful entrepreneur. Professor Howard Stevenson, the godfather…
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3 Reasons We Love Time and Attendance Solutions
Can you imagine, no more hand tallying time cards, or worrying about archiving time and attendance data securely? An Automated Time and Attendance System (ATAS) can eliminate many of the payroll preparation irritations and headaches. Approving time can often be tedious and time-consuming. An ATAS can help automate a paper-intensive process…
4 Reasons to Outsource HR Responsibilities
It should not come as a surprise that HR responsibilities are in demand! According to a recent article in Forbes.com, more companies are finding it difficult to focus entirely on their “core business”. HR functions can be incredibly time-intensive, making it a deterrent from focusing on your business activities. From meetings…
Topics: Outsourcing
Employee Dishonesty – A Concern for Every Employer
Are you at risk for employee fraud? While every employer hopes they can think the best of their employees, this may not be the case. In addition to betraying the trust you have in your team, employee fraud can eat into your annual budget. In fact, a recent report issued by…
Outsourcing Myth #3: Outsourcing Providers Are Not Loyal
One of the most common outsourcing myths we like to extinguish with potential customers is that outsourcing professionals are not as loyal as an employee may be. TEAM LUXA is fiercely loyal. We understand that our reputation is on the line and we strive to build relationships that last a lifetime.…
Outsourcing Myth #2: Outsourcing Providers Cannot Be Trusted
One of the primary hesitations business owners and CEOs face when outsourcing critical aspects of their organization is the belief that outsourcing providers cannot be trusted with their back-office services. This common outsourcing myth not only prevents potential business growth but also adds unnecessary stress to the lives of countless business…
The Value of Performance Reviews
According to recent studies, over 70% of individuals in the workforce desire regular feedback on how they are doing in their jobs. Yet, only 24% of people receive regular performance evaluations. For the most part, employees come to work ready to work hard, deliver good customer service and help the company…
Five Issues of Every New Business
Every new business will face several obstacles. Many of these obstacles are the same from year to year. However, current economic conditions make growth even more contentious. While owning a small business is certainly a challenge, small businesses are still the engine of the U.S. economy, and entrepreneurs still constitute the…
10 Reasons You Should Invest in a Flexible Payroll Solution
What does a flexible payroll solution mean to you? Like many small business owners, you are likely looking to spend less time managing your payroll administration processes. Outsourcing your payroll administration provides you with many benefits including the reassurance of knowing that your employees are paid accurately and on time, tax…
The Art of Delegation in Business
As a business owner or CEO, you have had to wear many hats over the years; from selling to accounting, you have done it all. You may even take out the trash at the end of the day. However, trying to take care of everything can be harmful to both your…
