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           24 November, 2020


    
Category:  Press » Nanotechnology

 

Local Company Offers Micro-Businesses Fortune 500-Style Administrative Services in a Competitive Economy

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2009-06-23 06:32:19     
MyBackOffice

Tampa-based MyBackOffice (MBO), an Employer Service Company, has streamlined HR, benefits and payroll administration services to companies with one to five employees. With Health Plans rising in Florida, at a 33 percent increase in 2008 alone, MBO uniquely enables US small businesses and international companies operating in the US to offer their employees big business benefits at an affordable price.

According to the US Census Bureau, at the end of 2006 (the last year of recorded data available) there were 7.6 million businesses in the US with employees on payroll. Of those, 62 percent, or almost 4.8 million had fewer than 10 employees. MBO has filled a gap for many start-up and small businesses in America, enhancing time for business development and reducing time spent on administrative red tape, often associated with payroll and benefits.

Rich Manners, MBO's president and founder, said "With numerous companies having to layoff talented and skilled workers it is a well-known fact that many of those workers will start a new business before retiring. This trend has occurred for several years, but will soon accelerate because of these layoffs. At MBO, we offer bundled administrative solutions, help our clients understand healthcare programs and make better choices to reduce their operating costs. We save them valuable time by handling their business' non-productive administrative work and negotiating with providers on their behalf. By utilizing our services, you no longer need to process forms, establish procedures, compile reports or maintain compliance. You can focus on running your business, making decisions and servicing your customers."

As costs rise, businesses struggle to provide employee health insurance; a recent survey done by the National Federation of Independent Business showed 58 percent of all small-business owners say they are having a hard time keeping up with the cost of healthcare.

Brian Kraus, an Investment Advisor Representative and Wealth Management Specialist for over 18 years commented, "Before becoming an independent advisor in 2002, I worked in a Wire House environment where the Broker/Dealer managed the office overhead expenses and benefit programs. I never realized the time required to manage "Back Office" responsibilities. With MBO, it is like having an extra person on staff to handle the paperwork and daily upkeep for payroll and benefits."

Specialized in: Micro-businesses - Fortune 500-style - Competitive Economy
URL: http://www.mybackoffice.biz
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