Expanding business 9% faster with Australia PEO
Experiencing growing pains? As a business entering into a new growth phase and expanding business into Australia, you’re likely experiencing an entirely new set of challenges. Going global, expanding your product line and developing your employee base can cause a whole lot of heartache and anxiety.
Particularly for businesses and fast-growing start-ups expanding business into Australia, it might feel like you’re doing eight people’s jobs at once, all with inherently different expertise and skills. But, as your business grows, you’ve found your arms can only stretch so far.
It might be time to seek the advice and service of Australia PEO if you’re experiencing any or all of the below growing pains when expanding business into Australia:
You want to expand into Australia quickly, but don’t want to be bogged down by lengthy expansion processes that take time.
Your work volume is increasing, and you’ve little time to complete the tasks.
You’re required to perform complicated payroll and visa tasks you have little experience in.
You need to employ a highly-skilled professional but can’t find the right fit in your home country.
You need access to an experienced payroll team quickly.
As a business owner considering globalisation, doing an insufficient job of any of the above can have a disastrous impact on other areas of your business – an unsatisfied workforce, lack of motivation and legal implications to name a few.
Here are three ways Australia PEO can speed up your Australian expansion.
Business owners can focus their attention on other vital areas.
According to NAPEO – the National Association of Professional Employment Organisations (US) – engaging the help of a PEO can help businesses speed up their globalisation strategy by up to 9%.
Going global is exciting, but your time shouldn’t be spent flicking through regulatory employment literature or making educated guesses on whether or not what you’re doing is considered legal. This can chew up a lot of your time, and when the clock’s ticking, you don’t have much of it.
By assigning Australia PEO as your employer of record here in Australia, you won’t have to worry about payroll, visa, compliance or other areas vital to setting up an entity in Australia – that’s our job. What you should be doing is focusing on the strategies, growth activities, product development, sales, marketing and core competencies that will help your business to flourish in Australia.
You’re more likely to succeed in your expansion into Australia.
The main reasons for business failure are too much competition, weak team, poor cashflow, poor business model, substandard marketing strategy, money-centric as opposed to customer-centric.
The above areas require strong leadership, expertise, world-class resources and vision – all intrinsic aspects of Australia PEO that make our client partnership long-term and successful.
If you could eliminate the risk of shortfalls in specialised areas within your business, you’re much more likely to succeed and stay in business when you expand, because our experts at Australia PEO take care of them for you.
Australia PEO can help you manage risk in your Australian expansion.
Expanding business into Australia is risky. If you don’t have a contingency plan for possible problems and risks down the track, they’ll inevitably rear their ugly heads when you least expect it. By then, you’ll have no time to overcome or avoid them.
As your workers’ employer of record, Australia PEO will assist you in putting your Plan Bs and Cs in place, in giving your globalisation strategy your business needs to avoid future problems altogether.
By taking on a shared risk of compliance, workers’ compensation and payroll, it’s in the interest of both parties to get your expansion strategy right the first time around.
Are you considering going global with Australia PEO?
If your business is expanding, you’ve probably found your workload, and required expertise has too. At Australia PEO, we partner with companies who wish to expand into Australia at minimal risk, compliantly and efficiently, so that they can focus on other essential aspects of the business. Call us today to found out how Australia PEO can become your workers’ employer of record.