Fortune Business Consulting

Category: PEO

HR Outsourcing | Commercial Insurance | Payroll – Fortune Business Consulting

  • Payroll & PEOs: The Great Connection

    Payroll & PEOs: The Great Connection

    Payroll defined

    Investopedia has payroll defined as the total of all compensation a business must pay to its employees for a set period of time or on a given date furthermore, It is usually managed by the accounting or human resources department of a business; small-business payrolls may be handled directly by the owner or an associate.- Investopedia

    Payroll means everything to a business, but what does it mean to you?

    Payroll frequency determines how often your employees are paid. The standard payroll schedules include weekly, biweekly, semimonthly, and monthly’s owners to manage payroll processing on their own will always be available. However, the concept of putting employee information together, providing paychecks, and identifying required taxes and withholdings can be intimidating. When contemplating the various options to DIY payroll, you want to ensure you get the best out of your selection. In addition to payroll, small and medium-sized businesses need other services – such as HR, compliance, and taxes – consider working with a professional employer organization (PEO).  

    Fact or Fiction?

    When a business recruits a PEO for payroll operations, the PEO turns into a co-employer, and remits taxes on the client companies behalf?

    Fact

    If you pick a standard finance processor, you are capable, as a business, to be protected for specialist’s pay if your state’s laws require it?

    Fact

    Payroll frequency defines how often your employees are paid. Do the standard payroll schedules include weekly, biweekly, semimonthly, and monthly?

    Fact

    What are the differences between standard payroll services and PEO payroll services? 

    Well for some, organizations, utilizing payroll service is a confirmation that their organization’s payroll handling is done effectively. Also, having one less errand to oversee can make recording assessments and representing the financial year a lot simpler. Additionally, with standard payroll services, employers retain sole responsibility of their workforce while offering standard HR services. PEOs handle all compliance and help their clients avoid legal missteps and mistakes when hiring and managing employees.

    What is a Professional Employer Organization (PEO)?

    How do we fit in?

    Fortune Business Consulting takes all of this information into consideration when working on your behalf. At FBC we take a consultative approach to make sure our solution is the best fit for your unique business needs and strategic goals. We learn about your business, the challenges you are currently facing, what’s been implemented, and how to best position you to reach your goals. Our 15 step process helps to assure you receive a high level of service and solution that meets your business needs. We work to give you peace of mind, increase your bottom line, and give you the time needed to run your business.

    Main benefits of using a PEO for payroll services

    Three employee benefits of working with a PEO.

    • Access to big-business employee benefits. Through a PEO arrangement, employees now have access to benefits such as 401(k) plans; health, dental, life, and other insurance.
    • Job security is typically improved when a company partners with a PEO
    • Job satisfaction and productivity are typically increased as a result of a PEO arrangement.

    Through Fortune Business Consulting you will find solutions for 

    • Human resources services
    • The administration of health insurance and other employee benefits
    • Employee onboarding and training
    • 401(k) and retirement plan administration
    • Workers’ compensation insurance
    • New hire recruiting
    • Regulatory compliance assistance

    As the above list clearly illustrates, there is a lot more to PEOs than meets the eye. Small and medium-sized businesses that are growing and are finding themselves buried under administrative paperwork can find significant benefits. Issues such as compliance and payroll taxes can keep your HR and payroll departments busy on tasks that may not best address the firm’s needs. Outsourcing the less employee-focused work can allow your HR team to focus on such initiatives as employee development and satisfaction.

    Here are 3 guarantees Fortune Business Consulting can ensure while parenting with us to provide the best solution.

    • Allowance to choose a payroll / PEO services provider that will allow you to easily migrate to the right solution and experience at each level of growth.
    • We will help you serve your employees so you can focus on growing your book of business.
    • First-class service will be given to you are your team while we focus on findings solutions to your payroll and HR-related challenges

    Key take away

    Simply put using a PEO for payroll assists in saving money on the benefits you offer your employees. These rates are generally significantly less expensive than if you were to seek them out on your own or hire a full-time HR professional. One of the most impactful reasons to use PEOs is because of the many complicated and always changing regulations that affect both payroll and general employment and labor law. Working with a PEO allows companies to focus on their core lines of businesses, and allow a dedicated co-employment team to handle many administrative duties.

    Start your free quote today

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  • The Brighter Side of Group Health Insurance

    The Brighter Side of Group Health Insurance

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    One phrase you may hear often is that “Your employees are your greatest asset”. The reason for this is that it’s very much so true. Group health insurance is a very important factor in the maintenance and recruitment of employees for your small and medium-sized businesses. In addition to this, it helps boost productivity and employee satisfaction all around. 

    What does it mean as an employer?

    In most small and medium-sized businesses, work can be demanding and depend on people to deliver their services. The individuals in these roles have many names such as staff, workers, employees, associates, personnel, human resources, workforce, or even talent. Even though we are impressed to see the output that our employees provide the business on a daily basis we must be equally concerned as to what we cannot see. 

    The simple definition of health is the state of being free from illness. This definition goes towards what can be seen, but what also cannot be seen by the visible eye. Thoughts of the family are imperative when it comes to employment, for example, a sibling with pre-existing conditions may come to mind or even if a child comes along with an illness that requires advanced medical intervention. Even the most awesome employee can walk through the halls of the office and have this going on at home. It will always be best to help put these coverage and payment worries at ease with employer-provided health insurance. 

    The elements of employer or group health insurance are generally the same. Also called group plans, employer-provided health insurance is a health policy selected and purchased by the employer and offered to applicable employees and their dependents. Small and medium-sized businesses will typically share the cost of the premium with the employee. This ultimately discounts the coverage for the employee with the employer as opposed to having an individual plan paying walk-in prices.

    Employer or Group health insurance has its perks!

    There are positive benefits and incentives for having employer health insurance for the employee and the employer. An employee can enjoy the benefits of health insurance that can range from not having to locate the plan and their options and premium contributions from the employer that are not subject to federal taxes. This means employee contributions can be made pre-tax, which lowers the taxable income. Give or take what plan would be available for selection, there may be an opportunity to put money away in a Health Savings Account, which can be used for health-related expenses for those unexpected medical costs. Like the domino effect, this will spill over to employee morale and boost the spirits of those working. Workers who provide the best efforts at work feel secure where they work. Productivity levels could be a clear difference between high profits or heavy losses. In which we as a team always want to win!

    Can a PEO Help Your Business?

    Let’s connect the dots

    Many small business owners agree and offer health insurance benefits even when they aren’t required by the Affordable Care Act to provide coverage. Why do these small businesses cover their employees through group plans even though they’re not legally required to? Because it’s good for their teams and good for them. If you’re on the fence on the matter, here are the top five reasons to offer health insurance to employees:

    1. The ways in which health insurance can be offered are simple.

    2. Health benefits make employees feel secure and happy.

    3. It saves money on taxes 

    4. It can give access to more doctors and hospitals

    5. Providing health insurance helps boost employee productivity

    Here’s a FREEBIE! Small Business Care Tax Credit

    If you are a small or medium-sized employer, there is a tax credit that can potentially add some bucks to your account. The small business health care tax credit can certainly be an excellent incentive for offering health coverage for qualified employers. The Internal Revenue Service accommodates small businesses in various ways. Not only is the tax credit available for two consecutive taxable years; it may also help small businesses in keeping and attracting high-quality employees. Keep in mind that this isn’t an easy credit to qualify for, and sometimes it is not worth it.

    IRS: https://www.irs.gov/affordable-care-act/employers/small-business-health-care-tax-credit-and-the-shop-marketplace

    Health insurance helps in attracting and keeping high-quality employees.

    Hire, Train, and Retain – How to Attract and Keep Top Talent

    Let this be the STATUS-QUO

    A study from MetLife found that 60% of employers say offering health insurance has led to higher productivity levels. Additionally, according to the CDC, employees who prioritize preventive care—like regular checkups—get more accomplished at work. As a small and or medium-sized business owner, you want your employees to focus on being their best productive and successful selves at work. Worrying about health insurance drains their energy and time. As you know, health insurance can be a pain to set up. And if your employees are enrolled in individual plans, all of that burden of setting up and managing their plan shifts from you to them.

    METLIFE: https://www.metlife.com/employee-benefit-trends/

    How Has Covid-19 Affected Health Insurance Offered by Small Businesses in the U.S.?

    US National Library of Medicine National Institutes of Health confirmed that more than 40% of the private U.S. labor force is employed by small businesses, defined as those employing fewer than 500 workers. The Covid-19 pandemic led nearly half of small businesses to pause or cease operations within weeks of the March 13, 2020, national emergency declaration. While surveys have documented significant numbers of wage cuts and furloughed workers, the effect of the pandemic on employee benefits remains understudied and of utmost public importance. Given that more than half of the working-age population relies on employer-sponsored health insurance, the economic crisis is eager to spark an insurance coverage crisis.

    And there you have it. From building a healthier, happier team to actually saving money, there are many reasons to take the plunge and offer health insurance to your team. Offering health benefits signals that you care about your team, ultimately building a culture of trust.

    Contact us today for assistance with your group benefits needs

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  • Protected: Workers Compensation and Coronavirus (COVID-19): What Your Business Needs to Know

    Protected: Workers Compensation and Coronavirus (COVID-19): What Your Business Needs to Know

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  • COVID-19 Return To Work Checklist

    COVID-19 Return To Work Checklist

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    COVID-19 Return To Work Checklist

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     While many businesses have opened their doors and have returned to servicing their clients and forging a new path forward for their employees, many are still struggling to effectively serve their clients to Pre-COVID satisfaction. From changes to workplace safety programs to compensation restructuring, businesses need guidance in these tremendously uncertain times.  HR teams all over have scrambled to make companywide changes that will assist in the transition of serving not only clients but employees while keeping their safety top of mind. 

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    Update your company policy 📖 :

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    Many businesses are no longer operating in their traditional manner and therefore the company manual, processes, and procedures need to reflect that. Here are areas to review and consider revising, some of which we will explore in greater depth:
    Flexible schedules.

    • Paid leave
    • Time off requests
    • Attendance
    • Meal and break policies
    • Travel policies
    • Telecommunication 
    • information technology
    • Risk management
    • Workplace safety
    • Compensation 
    • Employee benefits
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    Workplace Safety 😷 :

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    Now more than ever employers are under strict scrutiny to maintain a safe working environment not only for their employees but for their patrons. Here are a few safety measures to include in the das, weeks and month ahead:

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    Payroll deductions and taxes:

    it is the employer’s responsibility to adequately deduct taxes from the wages and salary of employees and pay taxes to the government when they are due. Employers must report income and employee taxes withheld from their employees on an Employers Quarterly Federal Tax Return (Form 941) and deposit these taxes in full to an authorized bank or financial institution. Employers are also responsible for filing a FUTA return annually and depositing those taxes. Evading employment taxes can have serious consequences for employers. They may be subject to criminal sanctions and civil sanctions, fines, and even jail time.

    • Employee health screening procedures
    • Providing personal protective equipment (PPE) to staff and customers
      • Masks, gloves, face shields, hand sanitizers, etc.
    • Social distancing protocol while in common areas (break room, lunch areas, lobby, elevator
    • Staggered shifts and lunch breaks
    • Social distanced parking spaces
    • Detailed cleaning procedures
    • Complying with Occupational Safety and Health Administration (OSHA)
    • Defining customer, vendor, and visitor procedures :
      • Customer traffic in the workspace
      • Capacity
      • Virtual communication when accessible
      • Contactless options
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    Remote work 💻 :

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    The transition to a remote working environment for some has proved to be fairly simple and even more convenient, while others still continue to struggle. From tracking the results of work completed by employees, to the sheers nature of work performed by employees not allow for a remote work solution to be feasible. Here are something to keep in mind and consider for your remote working environment:

    • When staggering schedules, allow for remote work on out of office days
    • Wherever possible, continue to allow remote work in an effort to keep employees safe
    • Updating technology and software to support virtual workers
    • Technology and software to track the work of employees
    • Maintain communication with workers in the office as well as those working remotely
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    Communication 📧 :

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    While some employees will be working remotely while others are working on site, establishing clear and constant communication will be essential. Consider these efforts with establishing and communicating with employees:

    • Community safety measures that are taken by the company to keep clients, employees, and vendors safe
    • Updates on company policy
    • Exposure-response communication for any affected employees and customers
    • Return to work, safety, and employee and customer support communication
    • Communication on schedules, shift changes, and updates to business operations
    • CDC best practices
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    Employee Benefits ❤️ :

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    Due to the reality of many employers furloughing their employees, laying off employees and reducing the hours of many, certain communications must be communicated to employees to remain compliant. The following are worth reviewing:

    • Group health insurance
    • Flexible spending accounts
    • Telehealth options
    • Employee Assistance Programs (EAP)
    • 401(k)
    • Paid leave 
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    Compensation 💵 :

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    Lastly, when it comes to compensation, many businesses, unfortunately, dealt with furloughing employees, reducing hours and layoffs. With the various funding options provided by the CARES Act, many were able to rehire and make adjustments to their hours. Here are some things for employers to consider:

    • Understanding how to reduces salaries for exempt employees
    • How to determine which employees to reduce hours for and which to keep

    • Determining when to bring key employees back

    • Hazard pay
    • Paid time off 
    [/et_pb_text][et_pb_blurb title=”COVID-19 and Payroll Management ” url=”https://wordpress.fortunebizconsulting.com/covid-19-and-payroll-why-you-need-to-outsource-your-payroll/” _builder_version=”4.4.4″ header_level=”h3″ header_font=”Lato|700|||||||” header_text_align=”center” header_line_height=”1.5em” body_font=”Lato||on||||||” body_text_align=”left” body_font_size=”26px” background_color=”#0c71c3″ background_layout=”dark” custom_margin=”30px||30px||true” custom_padding=”24px|15px|22px|15px|false|true” link_option_url=”https://wordpress.fortunebizconsulting.com/covid-19-and-payroll-why-you-need-to-outsource-your-payroll/” border_radii=”on|5px|5px|5px|5px” border_style_all=”groove” box_shadow_style_image=”preset1″ box_shadow_horizontal_image=”4px” box_shadow_color_image=”#ffffff”][/et_pb_blurb][et_pb_text _builder_version=”4.4.4″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”||||||||” header_4_font=”Lato|700|||||||” header_4_line_height=”1.6em”]These very uncertain COVID-19 times have presented challenges for many employers and things appear to change on a weekly basis. As such, businesses have to adapt and respond accordingly. Be sure that your HR department is adapting and providing your employees and clients the support needed to weather these Coronavirus waters. [/et_pb_text][et_pb_text _builder_version=”4.0.9″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”Lato|700|||||||” header_text_color=”#0c71c3″ header_line_height=”1.4em” header_2_font=”Lato|700|||||||” header_2_text_color=”#0c71c3″ header_2_line_height=”1.4em” header_3_font=”Lato|700|||||||” header_3_text_color=”#0c71c3″ header_3_line_height=”1.4em” header_4_font=”Lato|700|||||||” header_4_text_color=”#0c71c3″ header_4_line_height=”1.4em”]

    How do providers charge services fees?

    [/et_pb_text][et_pb_cta title=”Still have questions?” button_url=”https://wordpress.fortunebizconsulting.com/peo-lp/” url_new_window=”on” button_text=”Click Here” _builder_version=”4.0.9″ background_color=”#0c71c3″ border_radii=”on|5px|5px|5px|5px” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”]

    Schedule your free risk Payroll or PEO review Today

    [/et_pb_cta][/et_pb_column_inner][/et_pb_row_inner][et_pb_row_inner _builder_version=”3.25″][et_pb_column_inner saved_specialty_column_type=”3_4″ _builder_version=”3.25″ custom_padding=”|||” parallax__hover=”off” parallax_method__hover=”on” custom_padding__hover=”|||”][et_pb_comments _builder_version=”3.16″ button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][/et_pb_comments][/et_pb_column_inner][/et_pb_row_inner][/et_pb_column][et_pb_column type=”1_4″ _builder_version=”3.25″ custom_padding=”|||” parallax__hover=”off” parallax_method__hover=”on” padding_left__hover=”5px” custom_padding__hover=”|||”][et_pb_team_member name=”Stephanie Fortune” position=”President – Fortune Business Consulting ” image_url=”https://wordpress.fortunebizconsulting.com/wp-content/uploads/2018/07/stephanie_headshot.jpeg” facebook_url=”https://www.facebook.com/FortuneBCLLC/” linkedin_url=”https://www.linkedin.com/in/stephanie-fortune/” _builder_version=”3.12.1″] Hi, My name is Stephanie! I am passionate about helping small and medium-sized businesses empower themselves and their employees while working to achieve their strategic goals! By reviewing your unique business needs, we implement HR, Commercial insurance and payroll solutions that are right for you! [/et_pb_team_member][/et_pb_column][/et_pb_section]
  • 6 Tip for Working Remotely

    6 Tip for Working Remotely

    [et_pb_section fb_built=”1″ specialty=”on” custom_padding_last_edited=”on|desktop” padding_left_1=”0px” padding_left_2=”5px” _builder_version=”3.22″ custom_margin=”|-5px||-15px” custom_margin_tablet=”” custom_margin_phone=”” custom_margin_last_edited=”on|desktop” custom_padding=”32px|0||0px|false|false” custom_padding_tablet=”” custom_padding_phone=”” top_divider_height=”176px” top_divider_repeat=”5x” use_custom_width=”on”][et_pb_column type=”3_4″ specialty_columns=”3″ _builder_version=”3.25″ custom_padding=”|||” parallax__hover=”off” parallax_method__hover=”on” padding_left__hover=”0px” custom_padding__hover=”|||”][et_pb_row_inner _builder_version=”3.25″ custom_margin=”3px||” custom_padding=”22.25px|15px|17.6px|0|false|false”][et_pb_column_inner saved_specialty_column_type=”3_4″ _builder_version=”3.25″ custom_padding=”|||” parallax__hover=”off” parallax_method__hover=”on” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.0.9″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”Lato|700|||||||” header_text_color=”#0c71c3″ header_line_height=”1.4em” header_2_font=”Lato|700|||||||” header_2_text_color=”#0c71c3″ header_2_line_height=”1.4em” header_3_font=”Lato|700|||||||” header_3_text_color=”#0c71c3″ header_3_line_height=”1.4em” header_4_font=”Lato|700|||||||” header_4_text_color=”#0c71c3″ header_4_line_height=”1.4em”]

    6 Tips for Working Remotely 

    [/et_pb_text][et_pb_text _builder_version=”4.4.4″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”||||||||” header_2_font=”Lato|700|||||||” header_2_text_color=”#0c71c3″ header_2_line_height=”1.4em” hover_enabled=”0″]In the new COVID-19 professional world many are finding that adaptation is the name of the game. From learning how to use technologies and software you’ve never worked with before to remaining connected and performing at the very same levels (if not higher) while working remotely and sharing office space with appliances and children running around. Thankfully, with the many advancements of technology, many of the challenges working remote may have posed in the past no longer exist. With that in mind, we want to share 6 tools that will help you remain effective while working remotely. [/et_pb_text][et_pb_blurb title=”Business Grants, Loans, and Other Resources During COVID-19″ url=”https://wordpress.fortunebizconsulting.com/business-grants-loans-and-other-resources-during-covid-19/” _builder_version=”4.0.9″ header_level=”h3″ header_font=”Lato|700|||||||” header_text_align=”center” header_line_height=”1.5em” body_font=”Lato||on||||||” body_text_align=”left” body_font_size=”26px” background_color=”#0c71c3″ background_layout=”dark” custom_margin=”30px||30px||true” custom_padding=”26px|10px|26px|10px|true|true” link_option_url=”https://wordpress.fortunebizconsulting.com/business-grants-loans-and-other-resources-during-covid-19/” border_radii=”on|5px|5px|5px|5px” border_style_all=”groove” box_shadow_style_image=”preset1″ box_shadow_horizontal_image=”4px” box_shadow_color_image=”#ffffff”][/et_pb_blurb][et_pb_text _builder_version=”4.4.4″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”Lato|700|||||||” header_text_color=”#0c71c3″ header_line_height=”1.4em” header_2_font=”Lato|700|||||||” header_2_text_color=”#0c71c3″ header_2_line_height=”1.4em” header_3_font=”Lato|700|||||||” header_3_text_color=”#0c71c3″ header_3_line_height=”1.4em” header_4_font=”Lato|700|||||||” header_4_text_color=”#0c71c3″ header_4_line_height=”1.4em”]

    A Computer 💻

    [/et_pb_text][et_pb_text _builder_version=”4.4.4″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”||||||||” header_4_font=”Lato|700|||||||”]

    The computer is one of the most critical technological advances made in the last 100 years (in my opinion at least). Having a computer not only allows employees to tend to their clients needs remotely but they are also able to remain connected to internal communications, attend virtual meetings, purchase products and services for the company as well as pay bill in addition to much more.

    [/et_pb_text][et_pb_text _builder_version=”4.4.4″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”Lato|700|||||||” header_text_color=”#0c71c3″ header_line_height=”1.4em” header_2_font=”Lato|700|||||||” header_2_text_color=”#0c71c3″ header_2_line_height=”1.4em” header_3_font=”Lato|700|||||||” header_3_text_color=”#0c71c3″ header_3_line_height=”1.4em” header_4_font=”Lato|700|||||||” header_4_text_color=”#0c71c3″ header_4_line_height=”1.4em”]

    A Dedicated Workspace 🖥

    [/et_pb_text][et_pb_text _builder_version=”4.4.4″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”||||||||” header_4_font=”Lato|700|||||||”]

    If you are like so many that previously did not have a workspace at home, you’ve had to resort to makeshift offices. Whether that means moving appliances aside and using the countertop as a desk, or using the corner of your bedroom and that nice sofa as space. Having a dedicated workspace makes the transition from “home” to “work” easier. It also assists in remaining focused and on task.

    [/et_pb_text][et_pb_text _builder_version=”4.4.4″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”Lato|700|||||||” header_text_color=”#0c71c3″ header_line_height=”1.4em” header_2_font=”Lato|700|||||||” header_2_text_color=”#0c71c3″ header_2_line_height=”1.4em” header_3_font=”Lato|700|||||||” header_3_text_color=”#0c71c3″ header_3_line_height=”1.4em” header_4_font=”Lato|700|||||||” header_4_text_color=”#0c71c3″ header_4_line_height=”1.4em”]

    Stable Internet 🌐

    [/et_pb_text][et_pb_text _builder_version=”4.4.4″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”||||||||” header_4_font=”Lato|700|||||||”]

    What good is a computer is you do not have stable internet connection. Especially if you are like me and are in virtual meetings all throughout the day. Having a stable network connection in critical to mastering the remote working environment.

    [/et_pb_text][et_pb_text _builder_version=”4.4.4″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”Lato|700|||||||” header_text_color=”#0c71c3″ header_line_height=”1.4em” header_2_font=”Lato|700|||||||” header_2_text_color=”#0c71c3″ header_2_line_height=”1.4em” header_3_font=”Lato|700|||||||” header_3_text_color=”#0c71c3″ header_3_line_height=”1.4em” header_4_font=”Lato|700|||||||” header_4_text_color=”#0c71c3″ header_4_line_height=”1.4em”]

    Video conferencing capability 🎥

    [/et_pb_text][et_pb_text _builder_version=”4.4.4″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”||||||||” header_4_font=”Lato|700|||||||”]

    Being remote does not mean you have to be disconnected. With many platforms such as Zoom and Google Hangouts making it easier to videoconference, staying in front of your fellow employees, clients and partner companies is just a matter of turning on the computer and putting on a headset.

    [/et_pb_text][et_pb_text _builder_version=”4.4.4″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”Lato|700|||||||” header_text_color=”#0c71c3″ header_line_height=”1.4em” header_2_font=”Lato|700|||||||” header_2_text_color=”#0c71c3″ header_2_line_height=”1.4em” header_3_font=”Lato|700|||||||” header_3_text_color=”#0c71c3″ header_3_line_height=”1.4em” header_4_font=”Lato|700|||||||” header_4_text_color=”#0c71c3″ header_4_line_height=”1.4em”]

    Earphones and headset 🎧

    [/et_pb_text][et_pb_text _builder_version=”4.4.4″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”||||||||” header_4_font=”Lato|700|||||||”]

    Being able to remain present during virtual meetings and while interacting with employees, supervisors, clients, and others is a must. As such, having a reliable pair of headphones and/ or headset is a must-have.

    To learn more about managing employees remotely reach out to us. We help small and mid-sized businesses manage their payroll, human resources, workers compensation and employee benefits environment. All remote. Let us be a resource to you.

     

    [/et_pb_text][et_pb_blurb title=”COVID-19 and Why it May be time to Outsource Payroll” url=”https://wordpress.fortunebizconsulting.com/covid-19-and-payroll-why-you-need-to-outsource-your-payroll/” _builder_version=”4.4.4″ header_level=”h3″ header_font=”Lato|700|||||||” header_text_align=”center” header_line_height=”1.5em” body_font=”Lato||on||||||” body_text_align=”left” body_font_size=”26px” background_color=”#0c71c3″ background_layout=”dark” custom_margin=”30px||30px||true” custom_padding=”24px|15px|22px|15px|false|true” link_option_url=”https://wordpress.fortunebizconsulting.com/covid-19-and-payroll-why-you-need-to-outsource-your-payroll/” hover_enabled=”0″ border_radii=”on|5px|5px|5px|5px” border_style_all=”groove” box_shadow_style_image=”preset1″ box_shadow_horizontal_image=”4px” box_shadow_color_image=”#ffffff”][/et_pb_blurb][et_pb_cta title=”Still have questions?” button_url=”https://wordpress.fortunebizconsulting.com/peo-lp/” url_new_window=”on” button_text=”Click Here” _builder_version=”4.4.4″ background_color=”#0c71c3″ hover_enabled=”0″ border_radii=”on|5px|5px|5px|5px” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”]

    Schedule your free risk Payroll or PEO review Today

    [/et_pb_cta][/et_pb_column_inner][/et_pb_row_inner][et_pb_row_inner _builder_version=”3.25″][et_pb_column_inner saved_specialty_column_type=”3_4″ _builder_version=”3.25″ custom_padding=”|||” parallax__hover=”off” parallax_method__hover=”on” custom_padding__hover=”|||”][et_pb_comments _builder_version=”3.16″ button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][/et_pb_comments][/et_pb_column_inner][/et_pb_row_inner][/et_pb_column][et_pb_column type=”1_4″ _builder_version=”3.25″ custom_padding=”|||” parallax__hover=”off” parallax_method__hover=”on” padding_left__hover=”5px” custom_padding__hover=”|||”][et_pb_team_member name=”Stephanie Fortune” position=”President – Fortune Business Consulting ” image_url=”https://wordpress.fortunebizconsulting.com/wp-content/uploads/2020/06/IMG_0389-scaled.jpeg” facebook_url=”https://www.facebook.com/FortuneBCLLC/” linkedin_url=”https://www.linkedin.com/in/stephanie-fortune/” _builder_version=”4.4.4″] Hi, My name is Stephanie! I am passionate about helping small and medium-sized businesses empower themselves and their employees while working to achieve their strategic goals! By reviewing your unique business needs, we implement HR, Commercial insurance and payroll solutions that are right for you! [/et_pb_team_member][/et_pb_column][/et_pb_section]
  • Protected: COVID-19 and Payroll: Why You Need to Outsource Your Payroll

    Protected: COVID-19 and Payroll: Why You Need to Outsource Your Payroll

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  • Business Grants, Loans, and Other Resources During COVID-19

    Business Grants, Loans, and Other Resources During COVID-19

    [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”3.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”]

    In the wake of Coronavirus Disease 2019 (COVID- 19) many businesses are facing significant economic losses. In an effort to mitigate the adverse financial impact, many local, state and federal programs and loans have become available to businesses. From loan programs to grant relief. 

    On March 18th the Families First Coronavirus Response Act was signed into law. This law is in place to provide sick leave and free coronavirus testing expanding food assistance and unemployment benefits and requiring employers to provide additional protection for health care workers. On April 2nd this law goes into effect. 

    The bill also includes provisions that address the following: 

    • Establish a federal emergency paid leave benefits program to provide payments to employees taking unpaid leave due to the coronavirus outbreak,
    • Expand  unemployment benefits and provide grants to states for processing and paying claims,
    • require employers to provide paid sick leave to employees,
    • establish requirements for providing coronavirus diagnostic testing at no cost to consumers,
    • treat personal respiratory protective devices as covered countermeasures that are eligible for certain liability protections, and
    • temporarily increase the Medicaid federal medical assistance percentage (FMAP).- Congress.gov

    The U.S. Small Business Administration is offering low-interest federal disaster loans to designated stated and territories. Areas eligible include the following:

    Apply Here for SBA Disaster Loan Assistance 

    • Arizona 
    • California
    • Colorado
    • Connecticut
    • Delaware
    • District of Columbia 
    • Florida

    Florida Small Business Emergency Bridge Loan Program

    Governor Ron DeSantis Activated the Emergency Bridge Loan Program for small businesses. Managed by the Florida Department of Economic Opportunity (DEO) in partnership with the Florida SBDC Network and Florida First Capital Financial Corporation. The application period is from March 17, 2020 and runs through May 8th, 2020. 

    This loan will apply to small business owners with two to 100 employees located in Florida affected by COVIC-19 who can then apply for a short-term loan up to $50,000. These loans are interest-free for up to one year. – Florida Disaster Loan

    Review eligibility here

    Apply Here for Florida Small Business Emergency Bride Loan COVID-19

    Short Time Compensation Program

    The Department of Economic Opportunity is providing a program for employers and employees who are impacted by the Virus.

    The Unemployment Compensation program for employees provides partial benefits to groups of employees working reduced hours. Employers may elect to participate in this program to retain valued employees by reducing hours for an entire group of employees instead of resorting to temporary layoffs.

    Review Program For Employers

    Review Program For Employees

    Apply Here for Short Time Compensation Program

    The Florida Department of Revenue has provided access to a dedicated team to address tax-related issues pertaining to COVID-19 via email. COVID19TAXHELP@FloridaRevenue.com 

    Tax Day Now July 15

    The U.S. government has also extended the tax-filing deadline from April 15th to July 15th allowing for three additional months to both file and pay taxes. The IRS says taking advantage of the extra 90 days will not incur interest or penalties. 

    For more information on the tax-filing extension from the IRS click here

    The CARES Act

    The new law called THE CARES ACT does just that. It allows you to RETAIN YOUR EMPLOYEES! It provides $350B in forgivable loans to business owners that maintain or rehire their employees. Your employees will not need to file for unemployment. From now through June 30th, 2020 the SBA will be giving loans to keep payrolls going, and those loans will be forgiven if employees are kept on the payroll. The basics:

    • Contact your local bank.
    • Sign an affidavit saying your business has been adversely affected.
    • Your business must be less than 500 employees (for restaurants, less than 500 per location!).
    • The total amount of the loan can be up to 2.5 times your monthly payroll.
    • The Loan must be used for payroll, rent, utilities, and mortgage interest.
    • The loan will be forgiven if it used for the above expenses (keep your records!).
    • Any portion not used for the above will become a 10-year loan at no more than 4% interest.

    To be ready, you will need your payroll data from February 1st-28th, 2019 and payroll tax filings.

    SBA 7(a) Loan

    The CARES (Coronavirus Aid, Relief, and Economic Security) Act expands the 7(a) loan and provides a “forgivable” program so long as the business meets the requirements of the loan, which include less than 500 employees, operational on Feb. 14.

    The amount and periods, and partial forgiveness, will be determined on a case-by-case application basis, but the gist of this loan is that if it keeps all employees on payroll. There will be deferred interest for a year (then no greater than 4%), and some portion could be forgivable. The maximum term is 10 years, and there’s no prepayment penalty.

    This is obviously still in development, and we’re getting more information by the minute, but it can be used to pay payroll, including paid sick or medical leave, mortgage, rent and utility payments, insurance premiums, and other debt obligations.

    Certain borrowers are eligible for forgiveness for the amount spent in the 8 week period after origination on the following items: payroll costs, mortgage payments if mortgage incurred before February 15, rent payments on any lease if leased before February 15, and utilities if began service before February 15.

    The amount forgiven would be ratcheted down in proportion to any reduction in employees compared to the prior year and in proportion to any reduction in pay to employees beyond 25% of the prior year’s compensation.

    Apply through your normal banking contact – typically an SBA approved lender.

    LISC Small Business Relief Grants

    Thanks to a $1 million grant from Sam’s Club, LISC will provide emergency assistance that small businesses desperately need during the Covid-19 crisis. And it doesn’t stop there: Sam’s Club is mobilizing its members to support this effort as well. LISC will focus these efforts on historically underserved communities, with particular focus on those enterprises owned or led by women, minorities and veterans, which often lack access to affordable capital. Our goal is to help bridge financial gaps and navigate the intricate web of public and private resources now available.

    Click here for more information

    Companies offering assistance

    Facebook

    Facebook is offering $100M in cash grants and ad credits for up to 30,000 eligible small businesses in over 30 countries where they operate.

    Click here for more information.

    Google

    Google is offering small and medium-sized businesses (SMBs) $340 Million in ad credits which can be used at any point until the end of 2020 across Google platforms. The ad credits will be available for businesses that advertise directly with them or through partners and who have had active accounts since the beginning of 2019.

    Click here for more information

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  • Business Continuity Tips – How to Keep Your Business Running During Coronavirus Disease (COVID- 19) Outbreak

    Business Continuity Tips – How to Keep Your Business Running During Coronavirus Disease (COVID- 19) Outbreak

    [et_pb_section fb_built=”1″ specialty=”on” custom_padding_last_edited=”on|desktop” padding_left_1=”0px” padding_left_2=”5px” _builder_version=”3.22″ custom_margin=”|-5px||-15px” custom_margin_tablet=”” custom_margin_phone=”” custom_margin_last_edited=”on|desktop” custom_padding=”32px|0||0px|false|false” custom_padding_tablet=”” custom_padding_phone=”” top_divider_height=”176px” top_divider_repeat=”5x” use_custom_width=”on”][et_pb_column type=”3_4″ specialty_columns=”3″ _builder_version=”3.25″ custom_padding=”|||” parallax__hover=”off” parallax_method__hover=”on” padding_left__hover=”0px” custom_padding__hover=”|||”][et_pb_row_inner _builder_version=”4.0.9″ custom_margin=”3px||” custom_padding=”22.25px|15px|17.6px|0|false|false”][et_pb_column_inner saved_specialty_column_type=”3_4″ _builder_version=”3.25″ custom_padding=”|||” parallax__hover=”off” parallax_method__hover=”on” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.0.9″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”Lato|700|||||||” header_text_color=”#0c71c3″ header_line_height=”1.4em” header_2_font=”Lato|700|||||||” header_2_text_color=”#0c71c3″ header_2_line_height=”1.4em” header_3_font=”Lato|700|||||||” header_3_text_color=”#0c71c3″ header_3_line_height=”1.4em” header_4_font=”Lato|700|||||||” header_4_text_color=”#0c71c3″ header_4_line_height=”1.4em”]

    Business Continuity Tips- How to Keep Your Business running During Coronavirus Disease (COVID- 19) Outbreak

    [/et_pb_text][et_pb_blurb title=”What is Coronavirus Disease (COVID- 19)?” _builder_version=”4.0.9″ header_level=”h3″ header_font=”Lato|700|||||||” header_text_align=”center” header_line_height=”1.5em” body_font=”Lato||on||||||” body_text_align=”left” body_font_size=”26px” background_color=”#0c71c3″ background_layout=”dark” custom_margin=”30px||30px||true” custom_padding=”10px|10px|10px|10px|true|true” border_radii=”on|5px|5px|5px|5px” border_style_all=”groove” box_shadow_style_image=”preset1″ box_shadow_horizontal_image=”4px” box_shadow_color_image=”#ffffff”][/et_pb_blurb][et_pb_text _builder_version=”4.0.9″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”||||||||” header_4_font=”Lato|700|||||||”]

    Many businesses are now finding themselves in very challenging times as the country faces Coronavirus disease (COVID- 19). Coronavirus disease is a respiratory illness that can spread from person to person. The common signs of infection include respiratory symptoms, fever, cough, shortness of breath and breathing difficulties. In more severe cases the infection can cause pneumonia, severe acute respiratory syndrome, kidney failure and even death.

    [/et_pb_text][et_pb_text _builder_version=”4.0.9″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”||||||||” header_2_font=”Lato|700|||||||” header_2_text_color=”#0c71c3″ header_2_line_height=”1.4em” custom_margin=”38px|||||”]

    With a total US cases at 140,904, 2,405 deaths and 6,338 reported cases in FL (and rising) businesses are wise to take heed of the recommendations to prevent infection spread. –CDC

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    Standard recommendations include regular hand washing, covering mouth and nose when coughing and sneezing, thoroughly cooking meats and eggs. Avoiding close contact with anyone showing symptoms of respiratory illness such as coughing and sneezing. It is also advised to avoid large groups of 50 or more, refrain from touching your face, refrain from touching common areas and remain 3ft apart from others. – CDC

    [/et_pb_text][et_pb_text _builder_version=”4.0.9″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em”]Social distancing or the act of being remote and distancing yourself from social groups or gatherings is becoming a standard. Which is becoming a huge concern for many businesses that work directly with clients and the general public. [/et_pb_text][et_pb_video src=”https://www.youtube.com/watch?v=1APwq1df6Mw” _builder_version=”4.0.9″][/et_pb_video][et_pb_video _builder_version=”4.0.9″ src__hover_enabled=”on|hover” src__hover=”https://www.youtube.com/watch?time_continue=76&v=1APwq1df6Mw&feature=emb_logo”][/et_pb_video][et_pb_blurb title=”What is the impact to businesses ” _builder_version=”4.0.9″ header_level=”h3″ header_font=”Lato|700|||||||” header_text_align=”center” header_line_height=”1.5em” body_font=”Lato||on||||||” body_text_align=”left” body_font_size=”26px” background_color=”#0c71c3″ background_layout=”dark” custom_margin=”30px||30px||true” custom_padding=”10px|10px|10px|10px|true|true” border_radii=”on|5px|5px|5px|5px” border_style_all=”groove” box_shadow_style_image=”preset1″ box_shadow_horizontal_image=”4px” box_shadow_color_image=”#ffffff”][/et_pb_blurb][et_pb_text _builder_version=”4.0.9″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”||||||||” header_4_font=”Lato|700|||||||”]

    Many small businesses are now faced with clients that are canceling orders or events, suppliers with little to no inventory, and employees that they may need to reduce hours or worse, lay off.

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    From marketing companies, party planners, construction professionals to nonprofit organizations, many are feeling the impact of this virus. As a result, many business owners have turned to either sending employees home to work, reducing the hours that employees are working, or simply letting go of a large part of their workforce.

    [/et_pb_text][et_pb_text _builder_version=”4.0.9″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em”]

    Companies are looking for alternatives to closing their doors, reducing hours of operation, seeking funding or financial resources from the Small Business Administration or even calling their insurance providers to determine if their business interruptions insurance or unemployment insurance will cover the loss associated with the virus.

    [/et_pb_text][et_pb_text _builder_version=”4.0.9″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em”]

    Still, there are many businesses that have seen a rise in demand. From grocery stores, cleaning companies, staffing companies, medical transportation companies to cloud-based computing companies.

    For these companies, the challenge is how to effectively capitalize on the high demand for their services given the current market conditions.

    [/et_pb_text][et_pb_blurb title=”What can you do as a small business owner?” _builder_version=”4.0.9″ header_level=”h3″ header_font=”Lato|700|||||||” header_text_align=”center” header_line_height=”1.5em” body_font=”Lato||on||||||” body_text_align=”left” body_font_size=”26px” background_color=”#0c71c3″ background_layout=”dark” custom_margin=”30px||30px||true” custom_padding=”10px|10px|10px|10px|true|true” border_radii=”on|5px|5px|5px|5px” border_style_all=”groove” box_shadow_style_image=”preset1″ box_shadow_horizontal_image=”4px” box_shadow_color_image=”#ffffff”][/et_pb_blurb][et_pb_text _builder_version=”4.0.9″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”||||||||” header_3_font=”||||||||” header_4_font=”Lato|700|||||||”]

    As a small business owner facing a slow period here are some options to consider:

    1. As opposed to laying off your workforce, reduce the number of hours each employee has to work.
    2. Make a request of your staff to take a mandatory non-paid 4 week time off during the year to allow for your employees to keep their jobs. Be sure to stagger the time-off requests throughout the year.
    3. Review your insurance policies to determine if your business and employees are covered.
    4. Contact your local small business administration office to see what resources are available to you. These can range from grants to loans with smaller interest rates. The Florida Small Business Emergency Bridge Loan Program is currently available to small business owners locate in all Florida counties statewide that experience economic damage as a result of COVID- 19.

    [/et_pb_text][et_pb_text _builder_version=”4.0.9″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”||||||||” header_4_font=”Lato|700|||||||” header_4_line_height=”1.6em”]

    As a small business owner facing a rise in business here are some options to consider:

    Make sure you have an effective business continuity plan in place that ensures that personnel and assets are protected and are able to function quickly in the event of a disaster.
    a. Working remotely
    b. Access to critical data
    c. Safety and security risks
    d. Hiring & firing
    e. Client onboarding & mitigating client impact and loss

    1. Working remotely not only assists in the mitigation of spreading the virus, it also protects your employees from contracting it which means they are able to remain working. This also results in your employees not seeing a decline in hours worked impacting their compensation and your clients not seeing a decline in service.

    2. Access to critical data gives your employees the ability to truly be effective while out of the office. There are various platform the allow for sharing data and storing information and virtual desktops. Here are a few you can reference: Citrix, Amazon Workspaces, IBM Cloud

    3. Safety and securities risk can range from dealing with sensitive data to making sure your employees are adequately washing their hands, keep a reasonable distance from one another and clients, and remaining home if they believe they are sick.

    4. Hiring and firing might come as a result of sudden growth, more specifically hiring. In this instance you want to make sure you hiring the right people for the job, setting proper expectation on the responsibilities and the term of the position as well as following labor laws that apply to your industry, local and federal level. In these instances, if you are unfamiliar as to what might apply to you and your industry or simply do not know where to start, Fortune Business Consulting can be a resource to you! From identifying payroll and insurance providers to HR outsourcing companies that will provide all of the labor posters and resources you need.

    5. Client onboarding and mitigating client impact and loss will be huge undertaking especially if your business has not seem growth at this magnitude. Create and have processes and procedures in place to not only minimize error but to make sure your clients are all getting the highest level of services each and every time. Prequalify using the phone or videoconferencing platforms such as GoToMeeting, Zoom, and Skype. When delivering services that can be electronically delivered or onboarded, use platforms that are user-friendly and easy to learn. When delivering products, be sure to wash your hands both before and after. Have an effective time and money management platform to assist with those administrative aspects of the business. For money management and accounting these platforms are useful: Freshbooks, Xero, Quickbooks and Waveapps .

    [/et_pb_text][et_pb_text _builder_version=”4.0.9″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em”]

    We are in uncharted territory as it pertains to COVID- 19 and it’s ultimate impact. For business owners these are very trying and uncertain times.

    [/et_pb_text][et_pb_blurb title=”Here are some helpful Links ” _builder_version=”4.0.9″ header_level=”h3″ header_font=”Lato|700|||||||” header_text_align=”center” header_line_height=”1.5em” body_font=”Lato||on||||||” body_text_align=”left” body_font_size=”26px” background_color=”#0c71c3″ background_layout=”dark” custom_margin=”30px||30px||true” custom_padding=”10px|10px|3px|10px|false|true” border_radii=”on|5px|5px|5px|5px” border_style_all=”groove” box_shadow_style_image=”preset1″ box_shadow_horizontal_image=”4px” box_shadow_color_image=”#ffffff”][/et_pb_blurb][et_pb_text _builder_version=”4.0.9″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”Lato|700|||||||” header_text_color=”#0c71c3″ header_line_height=”1.4em” header_2_font=”Lato|700|||||||” header_2_text_color=”#0c71c3″ header_2_line_height=”1.4em” header_3_font=”Lato|700|||||||” header_3_text_color=”#0c71c3″ header_3_line_height=”1.4em” header_4_font=”Lato|700|||||||” header_4_text_color=”#0c71c3″ header_4_line_height=”1.4em” custom_padding=”3px|||||” link_option_url=”https://floridadisasterloan.org/?fbclid=IwAR02v7Tv9R0ExDPsP0NnFSAi8Jl35IsrWWudwhOkZPJojIzNhT2xIcR4O_g” hover_enabled=”0″]

    Florida Small Business Emergency Bridge Loan Program

    [/et_pb_text][et_pb_text _builder_version=”4.0.9″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”Lato|700|||||||” header_text_color=”#0c71c3″ header_line_height=”1.4em” header_2_font=”Lato|700|||||||” header_2_text_color=”#0c71c3″ header_2_line_height=”1.4em” header_3_font=”Lato|700|||||||” header_3_text_color=”#0c71c3″ header_3_line_height=”1.4em” header_4_font=”Lato|700|||||||” header_4_text_color=”#0c71c3″ header_4_line_height=”1.4em” link_option_url=”https://disasterloan.sba.gov/ela/” hover_enabled=”0″]

    SBA Disaster Loans

    [/et_pb_text][et_pb_text _builder_version=”4.0.9″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”Lato|700|||||||” header_text_color=”#0c71c3″ header_line_height=”1.4em” header_2_font=”Lato|700|||||||” header_2_text_color=”#0c71c3″ header_2_line_height=”1.4em” header_3_font=”Lato|700|||||||” header_3_text_color=”#0c71c3″ header_3_line_height=”1.4em” header_4_font=”Lato|700|||||||” header_4_text_color=”#0c71c3″ header_4_line_height=”1.4em” link_option_url=”https://www.sba.gov/funding-programs/disaster-assistance”]

    SBA Funding Program

    [/et_pb_text][et_pb_text _builder_version=”4.0.9″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”Lato|700|||||||” header_text_color=”#0c71c3″ header_line_height=”1.4em” header_2_font=”Lato|700|||||||” header_2_text_color=”#0c71c3″ header_2_line_height=”1.4em” header_3_font=”Lato|700|||||||” header_3_text_color=”#0c71c3″ header_3_line_height=”1.4em” header_4_font=”Lato|700|||||||” header_4_text_color=”#0c71c3″ header_4_line_height=”1.4em” link_option_url=”https://www.dol.gov/newsroom/releases/eta/eta20200312-0″]

    US Department of Labor on Unemployment Insurance

    [/et_pb_text][et_pb_text _builder_version=”4.0.9″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”Lato|700|||||||” header_text_color=”#0c71c3″ header_line_height=”1.4em” header_2_font=”Lato|700|||||||” header_2_text_color=”#0c71c3″ header_2_line_height=”1.4em” header_3_font=”Lato|700|||||||” header_3_text_color=”#0c71c3″ header_3_line_height=”1.4em” header_4_font=”Lato|700|||||||” header_4_text_color=”#0c71c3″ header_4_line_height=”1.4em” link_option_url=”http://www.floridahealth.gov/diseases-and-conditions/COVID-19/covid19-toolkit.html”]

    Florida Department of Health Guidance for Business

    [/et_pb_text][et_pb_text _builder_version=”4.0.9″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”Lato|700|||||||” header_text_color=”#0c71c3″ header_line_height=”1.4em” header_2_font=”Lato|700|||||||” header_2_text_color=”#0c71c3″ header_2_line_height=”1.4em” header_3_font=”Lato|700|||||||” header_3_text_color=”#0c71c3″ header_3_line_height=”1.4em” header_4_font=”Lato|700|||||||” header_4_text_color=”#0c71c3″ header_4_line_height=”1.4em” link_option_url=”https://floridadisaster.biz/”]

    Florida Department of Economic Opportunity (DEO Guidance for Business

    [/et_pb_text][et_pb_cta title=”Still have questions?” button_url=”https://meetings.hubspot.com/stephanie76/discovery-meeting” url_new_window=”on” button_text=”Click Here” _builder_version=”3.19.11″ background_color=”#0c71c3″ border_radii=”on|5px|5px|5px|5px” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”]

    Schedule your free analysis to see what option works best for your business

    [/et_pb_cta][/et_pb_column_inner][/et_pb_row_inner][et_pb_row_inner _builder_version=”3.25″][et_pb_column_inner saved_specialty_column_type=”3_4″ _builder_version=”3.25″ custom_padding=”|||” parallax__hover=”off” parallax_method__hover=”on” custom_padding__hover=”|||”][et_pb_comments _builder_version=”3.16″ button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][/et_pb_comments][/et_pb_column_inner][/et_pb_row_inner][/et_pb_column][et_pb_column type=”1_4″ _builder_version=”3.25″ custom_padding=”|||” parallax__hover=”off” parallax_method__hover=”on” padding_left__hover=”5px” custom_padding__hover=”|||”][et_pb_team_member name=”Stephanie Fortune” position=”President – Fortune Business Consulting ” image_url=”https://wordpress.fortunebizconsulting.com/wp-content/uploads/2018/07/stephanie_headshot.jpeg” facebook_url=”https://www.facebook.com/FortuneBCLLC/” linkedin_url=”https://www.linkedin.com/in/stephanie-fortune/” _builder_version=”3.12.1″] Hi, My name is Stephanie! I am passionate about helping small and medium-sized businesses empower themselves and their employees while working to achieve their strategic goals! By reviewing your unique business needs, we implement HR, Commercial insurance and payroll solutions that are right for you! [/et_pb_team_member][/et_pb_column][/et_pb_section]

  • Do I need Workers’ Compensation in Florida?

    Do I need Workers’ Compensation in Florida?

    [et_pb_section fb_built=”1″ specialty=”on” custom_padding_last_edited=”on|desktop” _builder_version=”3.22.3″ custom_margin=”|-5px||-10px” custom_margin_last_edited=”on|desktop” custom_padding=”32px|0||0|false|false” top_divider_height=”159px” top_divider_repeat=”2x”][et_pb_column type=”3_4″ specialty_columns=”3″ _builder_version=”3.0.47″ parallax__hover=”off” parallax_method__hover=”on”][et_pb_row_inner custom_padding=”22.2656px|0|22.2656px|0|false|false” _builder_version=”3.9″][et_pb_column_inner type=”4_4″ saved_specialty_column_type=”3_4″ _builder_version=”3.0.47″ parallax__hover=”off” parallax_method__hover=”on”][et_pb_text ul_type=”circle” ul_item_indent=”52px” ol_type=”none” ol_item_indent=”32px” _builder_version=”3.22.7″ text_font=”Lato||||||||” text_text_color=”#000000″ text_font_size=”18px” text_line_height=”2em” ul_font=”Lato||||||||” ul_font_size=”18px” ul_line_height=”2em” ol_font=”Lato||||||||” header_font=”Lato||||||||” header_2_font=”Lato||||||||” header_2_text_color=”#0c71c3″ header_2_line_height=”1.5em” header_3_font=”Lato|700|||||||” header_3_text_color=”#6b6b6b” header_3_line_height=”1.5em” header_4_font=”Lato||||||||” custom_margin=”||” custom_padding=”||”]

    What is Workers’ Compensation Insurance?

    Workers’ compensation insurance provides medical and wage benefits to employees who become injured on the job. More specifically, it provides medical expenses, lost wages, and rehabilitation costs to employees who are injured or become ill in the course and scope of their job. Workers’ comp also pays death benefits to families for employees who lose their lives on the job.

    Workers’ compensation coverage is mandated by the state in addition to the wage and medical benefits.

    Employers, not employees, are required to purchase workers’ compensation insurance. In exchange, employers are protected from civil suits that may rise as a result of an employee who is injured on the job.

    Is workers’ compensation required in the state of Florida?

    In Florida, workers’ compensation coverage is required by employers who meet specific criteria. The requirements are based on industry, number of employees, and the type of entity. My Florida CFO

    Below we’ve broken down the various differences. 

    Construction industry:

    One (1) or more employees, including the owner of the business who are corporate officers or LLC members.

    Non-Construction industry:

    Four (4) or more employees, including business owners who are corporate officers or LLC members.

    Agriculture industry:

    Six (6) regular employees and/or twelve (12) seasonal workers who work more than 30 days during a season but no more than 45 days in a calendar year

    Contractors:

    All contractors are required to make certain that their sub-contractors have required workers compensation coverage before they begin work on a project. If a sub-contractor does not have workers’ compensation insurance for it’s employees, those workers become the employees of the contract if an injury occurs. My Florida CFO

    How much does workers’ compensation cost?

    As mentioned, workers’ compensation is based on three criteria.

    Payroll:

    The total payroll/ wages that the business pays out to its employees.

    Type of work performed by employees:

    Depending on the work performed, employees are grouped into “classes”. Rates are then determined for each class of business.

    Individual employer claims history:

    Rates are determined for each class based on the prior five years of loss costs for all businesses within that class. A system called “experience rating” allow for modification of the class rates based on the loss history of individual business.

    This system allows for flexibility with regards to pricing and put more control of rates in the hand of the employers. Premium discounts may apply in the event that the employer qualifies for safety credits or drug-free credits.

    What are the penalties for not having Workers’ Compensation in Florida?

    Employers that operate without the required workers’ comp coverage risk civil penalties. This typically means that the business would be subject to stop work orders that require all operation to stop until it complies with law and pays a penalty.

    The fees are typically equal to twice the amount the employers would have paid in premium for the preceding two-year period.

    Criminal charge may apply if employers do not comply with stop-work orders. You can also be subject to a stop work order if:

        • Payroll is understated or concealed
        • Employers’ duties are misrepresented or concealed
        • There is any attempt to avoid paying workers’ compensation
          premiums

    How do I get workers’ compensation insurance?

    • Standard market through a commercial insurance agent
    • Florida Workers’ Compensation Joint Underwriting Association (FWCJUS). The workers’ compensation rates in the FWCJUA will be higher than the rates in the standard market. WC Division of MY CFO
    • Professional Employer Organization or employee leasing. Member resources are pooled and liability is spread allowing for companies with more difficulty securing workers’ compensation to have coverage. Using a Professional Employer Organization Broker or PEO Brokers can assist and guide you in the process of finding the right PEO, pricing, and coverage for your business needs. Schedule your no cost consultation to see what PEO is the right fit for you

    Need more information for your unique business?

    Fortune Business Consulting helps small and mid-sized businesses secure workers compensation coverage and can assist you in finding the coverage you need to get you and keep you working.
    Visit our website at https://wordpress.fortunebizconsulting.com or schedule your free consultation today.

    [/et_pb_text][et_pb_signup layout=”top_bottom” first_name_fullwidth=”off” last_name_fullwidth=”off” title=”Want More Small busines Tips?” description=”

    If you still need more tips determining if a PEO is the right fit for your business, visit Fortune Business Consulting and subscribe to our email list. Don’t forget to comment your employee and insurance-related challenges and solutions!

    ” _builder_version=”3.19.11″ header_font=”||||||||” form_field_font=”||||||||” background_color=”#62b7ef” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][/et_pb_signup][/et_pb_column_inner][/et_pb_row_inner][et_pb_row_inner _builder_version=”3.9″][et_pb_column_inner type=”4_4″ saved_specialty_column_type=”3_4″ _builder_version=”3.0.47″ parallax__hover=”off” parallax_method__hover=”on”][et_pb_comments _builder_version=”3.16″ button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][/et_pb_comments][/et_pb_column_inner][/et_pb_row_inner][/et_pb_column][et_pb_column type=”1_4″ _builder_version=”3.0.47″ parallax__hover=”off” parallax_method__hover=”on”][et_pb_team_member name=”Stephanie Fortune” position=”President – Fortune Business Consulting ” image_url=”https://wordpress.fortunebizconsulting.com/wp-content/uploads/2018/07/stephanie_headshot.jpeg” facebook_url=”https://www.facebook.com/FortuneBCLLC/” linkedin_url=”https://www.linkedin.com/in/stephanie-fortune/” _builder_version=”3.12.1″] Hi, My name is Stephanie! I am passionate about helping small and medium-sized businesses empower themselves and their employees while working to achieve their strategic goals! By reviewing your unique business needs, we implement HR, Commercial insurance and payroll solutions that are right for you! [/et_pb_team_member][/et_pb_column][/et_pb_section]
  • What is A Professional Employer Organization (PEO)?

    What is A Professional Employer Organization (PEO)?

    [et_pb_section fb_built=”1″ use_custom_width=”on” specialty=”on” custom_padding_last_edited=”on|desktop” padding_left_1=”0px” padding_left_2=”5px” _builder_version=”3.19.11″ custom_margin=”|-5px||-15px” custom_margin_last_edited=”on|desktop” custom_padding=”32px|0||0px|false|false” top_divider_height=”176px” top_divider_repeat=”5x”][et_pb_column type=”3_4″ specialty_columns=”3″ _builder_version=”3.0.47″ parallax__hover=”off” parallax_method__hover=”on” padding_left__hover=”0px” padding_left=”0px” parallax=”off” parallax_method=”on”][et_pb_row_inner custom_padding=”22.25px|15px|17.6px|0|false|false” _builder_version=”3.19.11″ custom_margin=”3px||”][et_pb_column_inner type=”4_4″ saved_specialty_column_type=”3_4″ _builder_version=”3.0.47″ parallax__hover=”off” parallax_method__hover=”on” parallax=”off” parallax_method=”on”][et_pb_text _builder_version=”3.19.11″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”Lato|700|||||||” header_2_font=”Lato|700|||||||” header_2_text_color=”#0c71c3″ header_2_line_height=”1.4em” header_text_color=”#0c71c3″ header_line_height=”1.4em” header_3_font=”Lato|700|||||||” header_3_text_color=”#0c71c3″ header_3_line_height=”1.4em” header_4_font=”Lato|700|||||||” header_4_text_color=”#0c71c3″ header_4_line_height=”1.4em”]

    What is a Professional Employer Organization (PEO)

    [/et_pb_text][et_pb_text _builder_version=”3.19.11″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”||||||||” header_2_font=”Lato|700|||||||” header_2_text_color=”#0c71c3″ header_2_line_height=”1.4em”]

    If you’ve found yourself wondering what a PEO or Professional Employer Organization is, you are not alone. A Professional Employer Organization (PEO) company partners with small and mid-sized businesses to offer human resource management services.

    [/et_pb_text][et_pb_text _builder_version=”3.19.11″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em”]

    PEOs or “Employee Leasing” companies, as some may know them, offer various services to their clients or co-employers. PEOs offer complete payroll processing, risk management support, benefits and human resource management resulting in a complete HR solution.

    [/et_pb_text][et_pb_text text_font_size=”18px” text_line_height=”2em” _builder_version=”3.19.11″ text_font=”Lato||||||||”]Under the PEO framework, the client company and the PEO form what is called a co-employer relationship. The National Association of Professional Employer Organizations (NAPEO) defines co-employment as the contractual allocation and sharing of employer responsibilities between a PEO and its client.[/et_pb_text][et_pb_blurb _builder_version=”3.19.11″ background_color=”#0c71c3″ border_style_all=”groove” box_shadow_style_image=”preset1″ box_shadow_horizontal_image=”4px” box_shadow_color_image=”#ffffff” background_layout=”dark” body_font=”Lato||on||||||” body_text_align=”left” body_font_size=”26px” header_font=”Lato|700|||||||” header_level=”h3″ title=”PEOs partner with SMBs to provide HR, Payroll, Workers’ Compensation and benefits solutions.” header_text_align=”center” header_line_height=”1.5em” custom_padding=”10px|10px|10px|10px|true|true” border_radii=”on|5px|5px|5px|5px” custom_margin=”30px||30px||true”][/et_pb_blurb][et_pb_text _builder_version=”3.19.11″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”Lato|700|||||||” header_text_color=”#0c71c3″ header_line_height=”1.4em” header_2_font=”Lato|700|||||||” header_2_text_color=”#0c71c3″ header_2_line_height=”1.4em” header_3_font=”Lato|700|||||||” header_3_text_color=”#0c71c3″ header_3_line_height=”1.4em” header_4_font=”Lato|700|||||||” header_4_text_color=”#0c71c3″ header_4_line_height=”1.4em”]

    What does a PEO do?

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    Payroll:

    PEOs process your payroll and manage the entire operation. So consider your automated deposits, one time payments, vacation and time off accrual. They manage it all. Not to mention the tax reporting and management process.

    [/et_pb_text][et_pb_text _builder_version=”3.19.11″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”||||||||” header_4_font=”Lato|700|||||||”]

    Benefits:

    PEOs assist in providing small and mid-sized businesses access to benefits options they would not otherwise have access to. Such as benefits administration, access to various plan designs, and the claims process.

    [/et_pb_text][et_pb_text _builder_version=”3.19.11″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em”]

    They can also provide access to medical, dental and vision coverage. Some PEO’s or leasing companies even offer life and disability coverage and 401(k) plans to their client companies as well. 

    [/et_pb_text][et_pb_text _builder_version=”3.19.11″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”||||||||” header_3_font=”||||||||” header_4_font=”Lato|700|||||||”]

    Risk Management & Compliance:

    A PEO takes the burden of securing workers’ compensation coverage and places its client companies under their workers compensation classification code. As a result the client company can potentially reduce the their workers comp rates and overall premium costs. In addition, the risk department of a PEO also gives you access to risk management experts that review your companies safety procedures and recommend and assist in implementing safety measures to create a safe work environment for the employees.

    [/et_pb_text][et_pb_text _builder_version=”3.19.11″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em”]

    For many small and mid-sized businesses, securing workmen’s compensation is a challenge. Even using an insurance broker can come to no avail. Consequently, PEO’s have offered a solution to such problems in providing an alternative to finding workers compensation coverage.

    [/et_pb_text][et_pb_text _builder_version=”3.19.11″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”||||||||” header_4_font=”Lato|700|||||||” header_4_line_height=”1.6em”]

    Human Resource Management (HRM):

    Human resource consultants are provided by PEO’s to give their client company the tools to help manage and support the employees. From training and development to new hire packages and on-boarding processes and procedures. A PEO provides all of the support the client company would need to help in successfully on-boarding, training, and if necessary off-boarding of employees and everything in between.

    [/et_pb_text][et_pb_blurb title=”According to a recent study by noted economists Laurie Bassi and Dan McMurrer, businesses that use PEOs grow 7 to 9 percent faster, have 10 to 14 percent lower employee turnover, and are 50 percent less likely to go out of business -NAPEO” _builder_version=”3.19.11″ header_level=”h3″ header_font=”Lato|700|||||||” header_text_align=”center” header_line_height=”1.5em” body_font=”Lato||on||||||” body_text_align=”left” body_font_size=”26px” background_color=”#0c71c3″ border_radii=”on|5px|5px|5px|5px” border_style_all=”groove” box_shadow_style_image=”preset1″ box_shadow_horizontal_image=”4px” box_shadow_color_image=”#ffffff” background_layout=”dark” custom_padding=”10px|10px|3px|10px|false|true” custom_margin=”30px||30px||true”][/et_pb_blurb][et_pb_text _builder_version=”3.19.11″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”Lato|700|||||||” header_text_color=”#0c71c3″ header_line_height=”1.4em” header_2_font=”Lato|700|||||||” header_2_text_color=”#0c71c3″ header_2_line_height=”1.4em” header_3_font=”Lato|700|||||||” header_3_text_color=”#0c71c3″ header_3_line_height=”1.4em” header_4_font=”Lato|700|||||||” header_4_text_color=”#0c71c3″ header_4_line_height=”1.4em”]

    How do you know which PEO is right for you?

    [/et_pb_text][et_pb_text _builder_version=”3.19.11″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em”]

    So how do you know if a Professional Employer Organization (PEO) if right for your business needs? If you have a small or mid-sized business and are great at running your business and providing services to your client but find it challenging to manage the HR aspects of things, you may want to consider a PEO.

    [/et_pb_text][et_pb_text _builder_version=”3.19.11″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em”]

    Say you’re a small business and want to offer benefits to your employees but simply don’t have enough employees to participate. A PEO should be considered.

    [/et_pb_text][et_pb_text _builder_version=”3.19.11″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em”]

    From processing payroll, to managing HR and workers compensation issues, time is of the essence. A Professional Employer Organization provides the expertise to help business owners free up their time to focus on what matters most, growing their business!

    [/et_pb_text][et_pb_text _builder_version=”3.19.11″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em”]

    PEO Brokers assess the client companies needs and determine which PEOs would be suited to meet and exceed their needs at the best possible rates.

    [/et_pb_text][et_pb_text _builder_version=”3.19.11″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em”]

    Consulting a PEO Broker can reduce the time spend and headache that may result from having to learn a new industry, which companies provide what, how they are all priced and the sometimes tedious submission process for each. 

    [/et_pb_text][et_pb_text _builder_version=”3.19.11″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em”]

    Using a PEO Broker can take the headache and frustration out of the process and save you money and time as a result.

    [/et_pb_text][et_pb_text _builder_version=”3.19.11″ text_font=”Lato||||||||” text_font_size=”18px” text_line_height=”2em”]

    So, is a PEO the right fit for you?

    [/et_pb_text][et_pb_blurb title=”Schedule your free risk and HR audit with a PEO Broker Today” _builder_version=”3.19.11″ header_level=”h3″ header_font=”Lato|700|||||||” header_text_align=”center” header_line_height=”1.5em” body_font=”Lato||on||||||” body_text_align=”left” body_font_size=”26px” background_color=”#0c71c3″ border_radii=”on|5px|5px|5px|5px” border_style_all=”groove” box_shadow_style_image=”preset1″ box_shadow_horizontal_image=”4px” box_shadow_color_image=”#ffffff” background_layout=”dark” custom_padding=”10px|10px|3px|10px|false|true”][/et_pb_blurb][et_pb_cta title=”Still have questions?” button_url=”https://meetings.hubspot.com/stephanie76/discovery-meeting” url_new_window=”on” button_text=”Click Here” _builder_version=”3.19.11″ background_color=”#0c71c3″ button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off” border_radii=”on|5px|5px|5px|5px”]

    Schedule your free analysis to see what option works best for your business

    [/et_pb_cta][/et_pb_column_inner][/et_pb_row_inner][et_pb_row_inner _builder_version=”3.9″][et_pb_column_inner type=”4_4″ saved_specialty_column_type=”3_4″ _builder_version=”3.0.47″ parallax__hover=”off” parallax_method__hover=”on” parallax=”off” parallax_method=”on”][et_pb_comments _builder_version=”3.16″ button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][/et_pb_comments][/et_pb_column_inner][/et_pb_row_inner][/et_pb_column][et_pb_column type=”1_4″ _builder_version=”3.0.47″ parallax__hover=”off” parallax_method__hover=”on” padding_left__hover=”5px” padding_left=”5px” parallax=”off” parallax_method=”on”][et_pb_team_member name=”Stephanie Fortune” position=”President – Fortune Business Consulting ” image_url=”https://wordpress.fortunebizconsulting.com/wp-content/uploads/2018/07/stephanie_headshot.jpeg” facebook_url=”https://www.facebook.com/FortuneBCLLC/” linkedin_url=”https://www.linkedin.com/in/stephanie-fortune/” _builder_version=”3.12.1″] Hi, My name is Stephanie! I am passionate about helping small and medium-sized businesses empower themselves and their employees while working to achieve their strategic goals! By reviewing your unique business needs, we implement HR, Commercial insurance and payroll solutions that are right for you! [/et_pb_team_member][/et_pb_column][/et_pb_section]