Have you ever come in to the office and said, "I really want to start a PEO, but I don’t know exactly what it would entail or what I would be getting myself into?" Or do you own an existing PEO, and wonder why it is not growing the way you hoped it would? Maybe you just can’t put your finger on it, but you don’t know where to turn?
Understanding all the ins and outs, the what ifs and the what nots before you start your PEO is crucial to the overall success of your PEO.
You’re a Startup PEO:
- Do you understand all the Complexities
of Running a PEO? - Are you aware of all the Individual Fiduciary matters you need to know about?
- Have you considered Control Group issues?
- Have you considered what type of PEO you want to be? What does this mean?
- What is your value proposition?
- What is your go-to-market strategy? Why?
- Is your PEO going to cross state lines? What does this mean for your PEO?
Some established PEOs have been in business for a while, but can’t figure out why they are not growing, or why they can’t get over the hump and get to the next level. Consider conducting an assessment of your PEO! Every company needs a checkup, just like a car. An assessment should consider the following:
- What do your processes and procedures look like? Do you have built-in processes and procedures?
- What does your sales cycle look like? What kind of fact finding do you do?
- What do your finance and billing departments look like?
- What does your technology platform look like? Is it up to date and integrated with all the tools you need? We can help you get to the next level.
Whether you are starting up a PEO or have been in business as a PEO for a while, it's important to take the time to ask yourself some key questions.
IntegreatHR helps our clients not only survive, but thrive in their new business environment. Using our formula for success, IntegreatHR will Assess, Align, Retool and Retrain to help improve your outcome.
[(v2 + m) + a] + (AR2) = P
IntegreatHR helps you get your PEO to market faster or helps you get your PEO over the hump so that you can grow faster. Wherever you are in your PEO life, IntegreatHR is here to help.
Brent King, Director of Business Development, IntegreatHR Technologies
Brent has two decades of experience helping companies take care of their people. He brings extensive knowledge of HR and technology solutions to IntegreatHR.
Topics: PEO
