Blog
How is Lone Oak Payroll Different than Other Payroll Funding Companies?
Lone Oak Payroll® is a unique provider of payroll funding. While other funding companies offer payroll funding, they do not have the software to calculate, process or execute payroll like Lone Oak Payroll. This requires companies like yours to partner with a...
How to Differentiate Your Staffing Agency
In today's constantly shifting workforce, it's critical that staffing companies identify ways to set themselves apart from their competition. This is especially true with the current labor shortage. How are you building a foundation for your staffing company's...
Understanding and Reducing Procrastination at Work
Procrastination is often a top contributor to delayed projects, inconvenienced customers, and poor work quality. It’s also a symptom of burnout and stress. Understanding the root cause of procrastination and how it works can help us stop it from wreaking...
The Importance of Adaptability for Staffing Agencies
Adaptability is one of the most important traits a business can have. In times of hardship, such as during COVID-19 restrictions, the most successful staffing agencies are the ones nimble enough to redirect their resources and reimagine their workplaces. In light...
Payroll Funding vs Bank Loans: Which One Is Right for Your Staffing Agency?
Lone Oak Payroll is a payroll funding and services company tailored for the staffing industry. We offer invoice factoring for staffing agencies, providing the necessary cashflow to help businesses accelerate their growth. If you own a staffing firm and are...
Building a Video Communication Strategy
Although the technology has been available for many years, most offices didn’t take advantage of video communication until the beginning of the pandemic. Now it’s an expected and crucial aspect of any business’s communication strategy. Because of video’s ability to...
Five Strategies to Preserve and Improve Cashflow
Lone Oak Payroll’s Vice President Kevin Standa offers advice and insight on approaches staffing agencies can take to maintain and improve cashflow. In times of economic crisis, preserving good cashflow can make the difference between a company weathering the storm...
Maintaining Employee Wellbeing in the Workplace
Whether your business takes place in an office, over Zoom, or on the factory floor, workplace wellbeing is crucial to your company's success. Employees who feel supported by their employers are more likely to be productive and engaged at work. Plus, when you center...
3 Ways to Grow Your Staffing Agency with Payroll Funding
Growing your staffing agency can be an uphill battle when it's a candidate's market. Payroll funding can offer you additional resources to effectively grow your staffing agency in this competitive environment. With payroll funding (also known as invoice factoring),...