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How Staffing Firms Should Respond to an SUI Unemployment Claim

Staffing Agencies & Unemployment Benefits If there is one thing that is reliable in the staffing industry, it is that timing is often anything but predictable. Between training and recruiting talent, following up on invoices and being ready at a moment’s notice to respond quickly to the ebb and flow of business, a staffing agency’s…

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1099 Tax Forms and Worker Misclassifications in the Staffing Industry

Tax season is here again, which means it’s time to start thinking about tax forms and employee classifications. With the IRS cracking down on small businesses and increasing consequences for incorrect tax return filing, it is more important than ever that you understand the dos and don’ts so you don’t end up paying harsh penalties...
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Increasing Pay Cycle Terms and the Effects on Staffing

One trend over the last few years in staffing is increased payment terms from net 30 to 60 or even 90 day cycles. Although staffing as a whole is growing, increasing business doesn’t translate immediately into cash flow to cover payroll and other expenses. Plus, larger companies on average have longer payment terms. Just because…

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How to Start a Temporary Staffing Agency

Temporary staffing is a challenging but rewarding industry with few barriers to entry. It is a great time to consider starting a temporary staffing agency. The industry recovers quickly from setbacks, and companies always need labor. When starting a firm, we think there are four key things you must consider: people, technology, insurance, and payroll…

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4 Tips to Support Operational Sustainability

Sustainability is defined as, “the ability to continue a defined behavior indefinitely.” So when it comes to your day-to-day operations, evaluating, refining and sustaining consistent behaviors is critical for long-term growth. At Advance Partners, we view operational sustainability as the most basic component of a solid foundation for your staffing business – regardless of size. …

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What a Possible Recession Means for Your Staffing Firm

Recruiting & Hiring During a Recession In light of the long-term global health crisis of COVID-19 and the accompanying economic uncertainty, many economists and analysts predicted a recession could be imminent. The continuing cycles of new COVID variants make the future unpredictable and wreak havoc on the US economy. After a long period of recovery...