How brokers can help small businesses overcome administrative challenges

Advisors serve as valuable partners for small-business owners looking to maintain their competitive advantage and keep top talent. Photo: iStock

It is no secret that small-business leaders around the country often play multiple roles at their organizations — from HR managers to budget analysts and operations supervisors — and there is nothing these business owners don’t do. While constantly juggling multiple roles, they can sometimes find themselves overwhelmed. Advisors have an opportunity to step in and be an additional resource to help small-business owners manage their administrative needs.

With so many partners, policy options, laws and regulations involved, the administrative task behind managing health benefits for employees is no easy feat. By providing time-saving solutions, advisors can enable small-business owners to relinquish certain responsibilities while they focus on other aspects of their business. These solutions could include: