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Cracking the ‘PEO for Startups’ Code
The Ultimate Administrative Solution for your Startup.
Are you Considering a Professional
Employment Organisation service
(PEO) for your startup?
When you start a new business, these are
the most pertinent things you’ll often think
about:
• Where will it be located?
• Who will be involved?
• What is the scope of work?
• How are you going to run the business?
The answers to these questions can seem
overwhelming at first, but there are steps you
can implement to take advantage of all the
resources available before even starting your
company or an expansion journey.
… face many challenges, from the
competitive nature of their
industries to the pressure to deliver
new products or services.
As a result, you need to work with
people who share your vision and
passion for the company.
Startups…
Click here to read: 3 Options for a Global Company Hiring in Nigeria
Understanding
PEO for Startups
As an entrepreneur starting a business in
today's economy, you’ll likely need some
supporting structure or framework to
operate your new venture; this is where a
Professional Employer Organisation (PEO)
comes in.
A startup PEO service provider offers such a
framework by providing everything from
quick access to financial information on
taxes, regulations regarding payroll, and
employee benefits to office space at
reasonable costs.
 Hence, adding structure
can lead to better
accountability and
greater control, which
is why it's important
you consider using a
reliable and
professional entity that
can effectively carry out
specialised tasks.
Partnering with a Professional Employer Organisation
(PEO) is a way startups can bring more structure to
their business, allowing them to free up valuable time
and resources and focus on growing their business
effectively.
 Recent Harvard
research highlights
that many startups
fail due to the lack of
structure, which can
be a major roadblock
in their business
growth.
Why Should You Leverage a PEO
for Startups When Expanding?
M a n y s t a r t u p o w n e r s a r e l e v e r a g i n g o u t s o u r c e d
s e r v i c e s t o g a i n a g r e a t e r c o m p e t i t i v e a d v a n t a g e .
H e r e ' s w h y y o u r s t a r t u p n e e d s P E O s e r v i c e s w h e n
e x p a n d i n g t o N i g e r i a :
To stay compliant Reduced Cost Shared Liability Rapid Market Entry Access toTopTalent
Click here to read: Comparing & Choosing Employer of Record Companies in Nigeria
To stay compliant
As new regulations and labour laws are being introduced,
it's more important than ever to be prepared for their
impact on your business.
Although, it can be difficult for your startup to keep up
with all the new rules and regulations,African’s leading
PEO,Workforce Africa can help you establish the best
practices within your organisation so you can focus on
running your business instead of worrying about legal
compliance problems.
Reduced costs
By outsourcing some of your administrative tasks
to a PEO, you save money on payroll taxes and
others fees, as well as on training new employees.
So if you're trying to grow your company fast, or
just starting, a PEO is an excellent way to save
money, offload the burden of administrative work
and cut down the time it will take you to get things
done.
Click here to read: How to Conduct a Global Payroll Audit in 8 Steps
Shared liability
Navigating the constantly shifting state and local
employment regulations can be challenging and time-
consuming for your business. At the same time, breaches
in legal requirements can result in hefty fines and legal
penalties.
But a PEO will help your startup avoid these issues.They
also take on responsibility by splitting the risk of
employment-related legal problems. For example, a PEO
partnership will share or take on legal issues relating to
hiring, staffing, or employment.
Rapid market entry
If you're looking to enter a new market quickly, you
need employees willing to move across borders
without agents or legal entities.You also need them
to be paid rightly and on time.
A PEO works as an intermediary between the
startup hiring workers and the worker—they
manage all the legal requirements and payroll
without affecting the employee's day-to-day work.
Click here to read: Employer of Record: Expand into African Markets with Ease
Access to top talent
Getting the right people on board is one of the major
problems many businesses have. It is partially because
many small companies cannot provide new hires with an
attractive benefits package.
In addition, to attract and retain high-performing talent,
your startup needs to provide incentives that ensures
they stay even in the face of the continued labour
shortage.
PEOs have the resources needed to offer supplemental
insurance, wellness programmes, retirement plans,
critical HR services and more.
How to choose
a PEO
No two PEOs are the same. If
you’ve decided a PEO is right for
you, ensure you compare
different options and choose the
best one for your business. Here
are some ways to determine
which is right for you:
Ensure they offer all the services you need
Certain PEOs tailor their services to specific company sizes,
industries, or geographic locations. Ensure your PEO is
experienced with your company profile and can continue
supporting you as you scale.
Ensure they’re easy to use
Since you will likely use the PEO’s software, ensure it’s
easy for both your team and all other employees to use.
You may also want to see whether they integrate with
software you currently use.
Check their pricing structure
PEOs charge either a flat fee per employee or a percentage
of your payroll. Choose a PEO that is transparent with its
pricing and ensure to ask about additional charges
Watch out for any requirements on your end
Some PEOs require that you have a minimum number
of employees. You may also need to give them a notice
of cancellation of their services, or risk paying a hefty
fine.
As you begin the journey of taking your
startup to the next growth phase or
planning your expansion into Nigeria,
consider leveraging the services of a
dedicated PEO for startups…
14
Scale the advantage…
Workforce Africa is a professional employment organisation that can help you
scale your advantage in Nigeria -an ultra-competitive business environment-
manage your employees, and create a thriving market for you across the African
market.
If you're considering expanding into Nigeria, you probably already have a lot of
great ideas for how your business can grow.
But if you're ready to take that next step and hire employees in foreign markets,
employ our startup PEO Services to save significant expansion costs and speed up
your entry into the Nigerian market.
To get started, kindly send an email to hello@workforceafrica.com
READY TO GET
STARTED?
Visit www.workforcegroup.com or
Send an email to -
hello@workforcegroup.com
YOUR BUSINESS YOUR PEOPLE OUR FOCUS
=
Workforce Group
… We go
beyond
What we do
We help organisations solve problems around:
Staff Payroll
Management
Performance management
support
Health insurance management
Executive, Experienced and
Graduate Recruitment
Staff onboarding and
training
Staff records
management
Leave and exit
management
Background
verification
Strategy Development and
Execution
Digital Learning Function Specific
Programmes
Leadership
Development
Digital Content Creation and
Conversion
Assessment and
Development centre
Occupational testing
and Success Profiling
Independent Contractor
Management
Assessor skills training
Professional Employer
Organisation
Employer of Record
Recruitment Process
Outsourcing
Workforce by Numbers
17
Year-old
Startup
8
Businesses
120+
Consultants
20
African Countries
8000+
Outsource
d
Employees
1200-
capacity
Learning
Facility
115+
Computer-
based test
facility
250+
Clients
10+
Industries Served
36
States in
Nigeria

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Cracking The PEO For Startups Code

  • 1. Cracking the ‘PEO for Startups’ Code The Ultimate Administrative Solution for your Startup.
  • 2. Are you Considering a Professional Employment Organisation service (PEO) for your startup?
  • 3. When you start a new business, these are the most pertinent things you’ll often think about: • Where will it be located? • Who will be involved? • What is the scope of work? • How are you going to run the business? The answers to these questions can seem overwhelming at first, but there are steps you can implement to take advantage of all the resources available before even starting your company or an expansion journey.
  • 4. … face many challenges, from the competitive nature of their industries to the pressure to deliver new products or services. As a result, you need to work with people who share your vision and passion for the company. Startups… Click here to read: 3 Options for a Global Company Hiring in Nigeria
  • 5. Understanding PEO for Startups As an entrepreneur starting a business in today's economy, you’ll likely need some supporting structure or framework to operate your new venture; this is where a Professional Employer Organisation (PEO) comes in. A startup PEO service provider offers such a framework by providing everything from quick access to financial information on taxes, regulations regarding payroll, and employee benefits to office space at reasonable costs.
  • 6.  Hence, adding structure can lead to better accountability and greater control, which is why it's important you consider using a reliable and professional entity that can effectively carry out specialised tasks. Partnering with a Professional Employer Organisation (PEO) is a way startups can bring more structure to their business, allowing them to free up valuable time and resources and focus on growing their business effectively.  Recent Harvard research highlights that many startups fail due to the lack of structure, which can be a major roadblock in their business growth.
  • 7. Why Should You Leverage a PEO for Startups When Expanding? M a n y s t a r t u p o w n e r s a r e l e v e r a g i n g o u t s o u r c e d s e r v i c e s t o g a i n a g r e a t e r c o m p e t i t i v e a d v a n t a g e . H e r e ' s w h y y o u r s t a r t u p n e e d s P E O s e r v i c e s w h e n e x p a n d i n g t o N i g e r i a : To stay compliant Reduced Cost Shared Liability Rapid Market Entry Access toTopTalent Click here to read: Comparing & Choosing Employer of Record Companies in Nigeria
  • 8. To stay compliant As new regulations and labour laws are being introduced, it's more important than ever to be prepared for their impact on your business. Although, it can be difficult for your startup to keep up with all the new rules and regulations,African’s leading PEO,Workforce Africa can help you establish the best practices within your organisation so you can focus on running your business instead of worrying about legal compliance problems.
  • 9. Reduced costs By outsourcing some of your administrative tasks to a PEO, you save money on payroll taxes and others fees, as well as on training new employees. So if you're trying to grow your company fast, or just starting, a PEO is an excellent way to save money, offload the burden of administrative work and cut down the time it will take you to get things done. Click here to read: How to Conduct a Global Payroll Audit in 8 Steps
  • 10. Shared liability Navigating the constantly shifting state and local employment regulations can be challenging and time- consuming for your business. At the same time, breaches in legal requirements can result in hefty fines and legal penalties. But a PEO will help your startup avoid these issues.They also take on responsibility by splitting the risk of employment-related legal problems. For example, a PEO partnership will share or take on legal issues relating to hiring, staffing, or employment.
  • 11. Rapid market entry If you're looking to enter a new market quickly, you need employees willing to move across borders without agents or legal entities.You also need them to be paid rightly and on time. A PEO works as an intermediary between the startup hiring workers and the worker—they manage all the legal requirements and payroll without affecting the employee's day-to-day work. Click here to read: Employer of Record: Expand into African Markets with Ease
  • 12. Access to top talent Getting the right people on board is one of the major problems many businesses have. It is partially because many small companies cannot provide new hires with an attractive benefits package. In addition, to attract and retain high-performing talent, your startup needs to provide incentives that ensures they stay even in the face of the continued labour shortage. PEOs have the resources needed to offer supplemental insurance, wellness programmes, retirement plans, critical HR services and more.
  • 13. How to choose a PEO No two PEOs are the same. If you’ve decided a PEO is right for you, ensure you compare different options and choose the best one for your business. Here are some ways to determine which is right for you: Ensure they offer all the services you need Certain PEOs tailor their services to specific company sizes, industries, or geographic locations. Ensure your PEO is experienced with your company profile and can continue supporting you as you scale. Ensure they’re easy to use Since you will likely use the PEO’s software, ensure it’s easy for both your team and all other employees to use. You may also want to see whether they integrate with software you currently use. Check their pricing structure PEOs charge either a flat fee per employee or a percentage of your payroll. Choose a PEO that is transparent with its pricing and ensure to ask about additional charges Watch out for any requirements on your end Some PEOs require that you have a minimum number of employees. You may also need to give them a notice of cancellation of their services, or risk paying a hefty fine.
  • 14. As you begin the journey of taking your startup to the next growth phase or planning your expansion into Nigeria, consider leveraging the services of a dedicated PEO for startups… 14
  • 15. Scale the advantage… Workforce Africa is a professional employment organisation that can help you scale your advantage in Nigeria -an ultra-competitive business environment- manage your employees, and create a thriving market for you across the African market. If you're considering expanding into Nigeria, you probably already have a lot of great ideas for how your business can grow. But if you're ready to take that next step and hire employees in foreign markets, employ our startup PEO Services to save significant expansion costs and speed up your entry into the Nigerian market. To get started, kindly send an email to hello@workforceafrica.com
  • 16. READY TO GET STARTED? Visit www.workforcegroup.com or Send an email to - hello@workforcegroup.com
  • 17. YOUR BUSINESS YOUR PEOPLE OUR FOCUS = Workforce Group … We go beyond
  • 18. What we do We help organisations solve problems around: Staff Payroll Management Performance management support Health insurance management Executive, Experienced and Graduate Recruitment Staff onboarding and training Staff records management Leave and exit management Background verification Strategy Development and Execution Digital Learning Function Specific Programmes Leadership Development Digital Content Creation and Conversion Assessment and Development centre Occupational testing and Success Profiling Independent Contractor Management Assessor skills training Professional Employer Organisation Employer of Record Recruitment Process Outsourcing
  • 19. Workforce by Numbers 17 Year-old Startup 8 Businesses 120+ Consultants 20 African Countries 8000+ Outsource d Employees 1200- capacity Learning Facility 115+ Computer- based test facility 250+ Clients 10+ Industries Served 36 States in Nigeria