Economic Indicators for Small Businesses

Small businesses are the backbone of our nations economy and account for 99% of all businesses in the United States; thus, understanding what is occurring in the small business sector is critical to determining the present state of the economy across the entire nation. Focusing on spotting trends in the marketplace such as: small business employment and human capital economic indicators are just a couple of areas that can help PEO's and their client partners make informed business decisions. 

It should be a goal of all PEO's to stay ahead of the curb in noticing small business trends in our economy, so they can capitalize on opportunities in the marketplace. The landscape of our economy is constantly changing and understanding current small business trends can help company's make more intelligent decisions about hiring, production, and expansion.  PEO's in turn can use their array of services from benefits management, risk management, payroll services, etc. to help their client partners mitigate risk exposure while delivering strong profitable results.

Read more: Economic Indicators for Small Businesses

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The PEO Compass is a friendly convergence of professionals and friends in the PEO industry sharing insights, ideas and intelligence to make us all better.

All writers specialize in Professional Employer Organization (PEO) business services such as Workers Compensation, Mergers & Acquisitions, Data Management, Employment Practices Liability (EPLI), Cyber Liability Insurance, Health Insurance, Occupational Accident Insurance, Business Insurance, Client Company, Casualty Insurance, Disability Insurance and more.

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