Posts Tagged NAPEO

How are You Solving the Franchise Owner’s Dilemma?

Franchisors provide brand, training, marketing & operating procedures in return for the investment, while franchisees are typically on their own for human resources responsibilities:

  • Employee hiring, administration & payroll
  • Legal compliance & risk management
  • Tax reporting
  • Benefits & workers compensation

Franchisees own the challenges of managing human resources, too. The US Small Business Administration estimates employment paperwork absorbs up to 25% of a business owner’s work activities. That’s time you could be reallocating to areas you consider more productive or enjoyable, such as your core competencies at work or more time with family.

Other areas of concern for franchise owners with employees include:

  • Increased HR Administration. The number of U.S. Labor Laws/Regulations grew by 67% during the past 3 decades, according to the US Small Business Administration.
  • Rising Healthcare Costs & How the Affordable Care Act Will Affect Business.

How would you like to spend your extra time?

Franchise owners can benefit from the same outsourced human resources solutions that many US small businesses enjoy, including a professional employer organization (PEO).  The National Association of Professional Employer Organizations (NAPEO) estimates that PEOs serve as many as 2-3 million working Americans with enhanced access to employee benefits.  PEOs can provide additional stress-relieving and time-saving services, too. Here are just few more ways that human resources strategies from outsourced service organizations can protect franchisors and franchisees:

  • Preserve franchise brand reputation
  • Promote system-wide HR compliance systems
  • Implement risk management policies and procedures
  • Advise on workers compensation and other insurance protection
  • Mitigate employment lawsuits and liability

If you’re a franchise owner or decision-maker who manages at least 10 full-time employees, it’s worth your time to explore how outsourced HR solutions can benefit you.

I am a consultant with Franchise Workforce and have extensive human resources, benefits, insurance and financial services experience gained from market-leading companies: CNA Insurance, KeyBank, National City Bank (now PNC) and numerous top underwriters while with the Forrest T. Jones & Company agency. Complemented by five years of franchisor marketing, distribution and operations experience, my background uniquely enables me to understand your human resource issues and to provide quality advice in tailoring outsourced HR solutions. Call 561-600-5554 or visit FranchiseWorkforce for more on how our group can advise you.

Elevate Franchise Success with Strategic Human Resource Solutions!

©July 2012

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