Here are this week’s links to a few good stories we found and selected. This week’s selections feature articles appearing in the April 29, 2016, edition of The Boston Business Journal (BBJ).
For starters, the BBJ published its list of the 100 largest privately held companies in Massachusetts. We are proud to make the list, checking in at number 35. A tip of the cap to the company’s presidents, Diane Stevenson and Patty Hilger, for leading the largest privately held accredited Professional Employer Organization (PEO) headquartered in New England.
The BBJ also issued a special report on the state of small business in Boston. According to their report, the Hub ranks 45th out of 106 metropolitan areas. 16 factors are assessed, and the top three are as follows:
- Concentration of small businesses.
- One year change in gross metropolitan product.
- Three-year change in the total number of small businesses.
In a recovering economy, I would interpret this as good news for the small business community in metro Boston. But the new is not all great. To learn more, read State of small business: Pardon the cliché, but success in Boston is a tale of two cities.
Lastly, the report also included a piece on regulations that give small business owners the blues. Small business owners are concerned about the federal tax code, the Affordable Care Act (ACA), the Fair Labor Standards Act (FLSA), and reporting concerns; this report shows a few more reasons why small businesses should consider a partnering with an accredited PEO.