Subscribe to Entrepreneur for $5

Start Me Up

Human resources outsourcing company for start-ups

This story appears in the April 2000 issue of Business Start-Ups magazine.

Noticing the growing abundance of Internet-based start-up companies in the San Francisco Bay area motivated Terri Spears, 32, to launch her own virtual assistant business. Spears, whose works only with midsized e-commerce companies, outsources full-service HR on a part-time basis-just until clients are mature enough (usually when they have around 100 employees) to hire someone full time.

Providing such functions as recruitment, compensation planning and stock-options administration, Spears quickly steers today's start-ups in the right direction. "They need benefits, they have no idea how much to pay people, and they don't know what the market rate is, so they need information and knowledge," Spears explains.

Continue reading this article - and everything on Entrepreneur!

Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5.

Entrepreneur Editors' Picks