Chamber of Commerce Resources for Small Businesses
Small businesses need all the help they can get to thrive in today's economic climate. As winds continue to shift towards a need for a strong digital presence and an increased demand for benefits from employees, small businesses often struggle to match the largest corporations.
Chambers of Commerce are often the best resource to turn to when small businesses are looking for a way to get a leg up. The Southern Ohio Chamber Alliance (SOCA) understands all too well that as a small business owner, you need a Chamber of Commerce that offers a wide range of benefits that are designed to meet your needs.
SOCA offers local Chambers over a dozen benefits that help their members thrive. These benefits are designed to provide resources to small businesses. In this post, we will give you some strategies for making the most of your chamber benefits, then we will provide a guide for how you can make the most out of a few of the most popular benefits SOCA offers. Keep reading to learn more!
How Small Businesses Make the Most of Their Chamber Resources
With limited resources and budget constraints, small businesses must make the most of their Chamber resources. Here are some strategies that small businesses can employ to optimize their Chamber benefits.
First, businesses need to assess their Chamber-relevant needs and goals. By understanding their necessary objectives, they can identify the benefits that align with their business model. This could include networking opportunities, educational programs, marketing and advertising support, or access to industry-specific resources.
Small businesses should research the available chamber benefits and then perform a cost-benefit analysis. They can consult with other small business owners within the chamber to gather insights and recommendations.
Reducing expenses and increasing income are two crucial elements to consider when optimizing Chamber resources. Look for Chamber benefits that are designed to reduce your expenses, giving you more room in your budget for other initiatives.
Increasing income using Chamber resources can involve leveraging the networking events offered by the chamber to acquire new clients or collaborating with other businesses within the chamber for mutual growth. By actively participating in the business community, small businesses can amplify their reach and generate new revenue streams.
SOCA Benefits that Help Small Businesses Succeed
SOCA provides local Chambers with numerous benefits that are designed to help small businesses succeed. Below we will detail a few of our most popular benefits and how you may choose to use them to help your small business.
SOCA Benefit Plan Through Anthem
The SOCA Benefits Plan is one of the best ways for small businesses to obtain superior health coverage that rivals even the biggest corporations. Small businesses can use the SOCA Benefit Plan through Anthem to attract and retain top employees who can help their business strive for the upper echelon of quality.
Workers' Compensation Through Hunter Consulting
Accidents happen on the job. To protect both small businesses and employees, worker's compensation is there. This benefit ensures that your employees know that they are well taken care of and protected onsite. Small businesses can use this benefit to work with safety training and protocols to keep their employees protected.
401k Plans for Small Businesses
Employees value businesses that help them save for retirement. This demonstrates that their employer cares about their quality of life. It also helps employees feel more comfortable in their savings efforts. Small businesses can use this benefit to attract new employees and make their tenured staff feel more happy to continue working for them.
Legal Shield IDShield
Identity protection is important. Businesses perform dozens of financial interactions per day, and each interaction contains sensitive personal and financial information that thieves can use to cause serious harm. Legal Shield IDShield ensures that both corporate and personal information is protected. Businesses can use this benefit to make their transactions more secure and help their employees feel more confident that their identity is protected.
Elavon Payment Processing
Accepting multiple types of payment processing is essential for small businesses. In today's age, there are more ways to pay than ever before, including cash, cards, and even via phone. Elavon helps small businesses accept payment anytime and anywhere and ensures that they get money into their account faster than any other payment processor. Small businesses can best use this benefit to expand their arena of commerce and make sales in more diverse forms.
Payroll Partners
Payment processing takes a serious commitment of both time and resources. Outsourcing payroll to Payroll Partners is a benefit that helps small businesses better manage their resources. Instead of having a dedicated in-house employee manage payroll, small businesses can use Payroll Partners for secure payment to employees. Small businesses can best use this perk by allocating time and talent to address other more necessary needs.
Shipping Benefits with PartnerShip
For small businesses that rely on shipping their products to make a profit, even minor reductions in shipping costs can add up in a major way. With cheaper, more reliable shipping, small businesses can pass the savings on to their customers and thus outcompete their rivals. Small businesses can best use the PartnerShip benefit to opt for exclusive FedEx benefits that help them stretch their budget further by reducing shipping expenses.
Strategic HR Business Advisors
Human resources are essential for the smooth operation of a small business. However, employing an in-house HR professional can be a strain on small businesses. Strategic HR offers premium human resource solutions via experienced professionals. This benefit can help small businesses save thousands of dollars annually while advancing the way they manage their HR needs. Small businesses can best use this perk by outsourcing HR and focusing management's talents on advancing daily operations.
Top Chamber of Commerce Perks and Benefits Through SOCA
Every business needs premium benefits to survive in today's economy. The best place to get these benefits is through their local Chamber of Commerce. SOCA provides Chambers of Commerce all over Ohio with over a dozen of the best, most sought-after benefits that help small businesses attract and retain the best employees in their industry.
To learn more about the benefits SOCA can offer you, click here!
For more tips and information on chamber of commerce benefits, follow SOCA on Facebook, Instagram, and LinkedIn.
Happy with the difference SOCA has made for your small business? Leave us a five-star review!