Having an accountant, HR professional, controller, COO, etc. might be wonderful – but it isn’t very realistic for many businesses. A professional employer organization (PEO) may be able to provide those same services for you at a more attainable level for your size business.

In the late 1990s and early 2000s, stories seemed to abound about professional employer organizations (PEOs) that took companies’ insurance premiums and spent them on lavish trips, homes, and more.