Trend Watch: Small Business Owners Look to One-stop Shops For Benefit & Payroll Services

In a country founded by pioneers, the dream of owning a business is woven into the fabric of our culture and our economy. Small businesses represent 99 percent of all U.S. firms and drive 50 percent of the nation’s gross domestic product.

The growing trend of outsourcing HR and accounting to a single provider who offers a suite of services presents business owners with the opportunity to ease the workload in-house, increase efficiency, and reduce liability for their business. Likewise, new developments in technology, including SaaS models and cloud-based data sharing, also make it possible to custom-tailor solutions to meet the specific needs of an individual business, regardless of size.