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How Smart HR and Background Checks Drive Small Business Profitability with CRI Simple Numbers

Updated: Jul 24

Running a profitable small business isn’t just about managing your finances. Hiring the right people and having solid HR processes are just as important. At CRI Simple Numbers, we help entrepreneurs simplify their financials while showing how effective HR practices, including thorough background checks, are key to building a sustainable, profitable business.

 

Why Background Checks Matter More Than Ever for Small Businesses

Many small business owners don’t realize the risks of relying on basic background checks. Inexpensive or quick reports often miss important details. Mike Coffey, CEO of Imperative Information Group, explains that standard background check databases can miss up to 50% of criminal records due to incomplete or unavailable court data. This can leave businesses exposed to costly hiring mistakes.


With more remote work, background check fraud is on the rise. Fake job applications and identity theft, sometimes coming from overseas sources, are slipping past simple checks and putting company data at risk.

 

How CRI Simple Numbers Supports Strong HR and Hiring Practices

At CRI Simple Numbers, we know profitability begins with the right team. Our approach includes financial clarity and guidance on building strong, compliant HR systems that protect your business and support growth.

 

Key steps small businesses should take include:

  • Clearly defining the skills and competencies needed for each role

  • Using assessments to objectively test candidates’ abilities

  • Conducting thorough background checks that go beyond basic database reports

  • Balancing automation with personal engagement during hiring

  • Working with trusted HR consultants or advisors to create effective policies and processes

 

The Link Between Effective HR and Sustainable Profitability

Good HR practices help reduce turnover, boost employee productivity, and limit legal risks, all of which improve your bottom line. Hiring mistakes, on the other hand, often cause costly disruptions and hurt company culture.


CRI Simple Numbers helps small business owners connect financial clarity with smart HR decisions, creating a strong foundation for long-term success.

 

Learn More with the Simple Numbers Profitability Playbook Podcast

For a closer look at background checks, hiring trends, and HR insights designed for small businesses, listen to the latest episode of our Simple Numbers Profitability Playbook podcast. You’ll find practical advice and real-world examples to help your business grow.

 

Ready to simplify your business finances and build a strong team?

Visit simplenumberscri.com to explore resources, tools, and guidance designed for entrepreneurs and small business owners.

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CRI Simple Numbers, LLC is a division of CRI Capital Group, LLC, a subsidiary of CRI Advisors, LLC. “CRI" is the brand name under which Carr, Riggs & Ingram, L.L.C. (“CPA Firm”) and CRI Advisors, LLC (“Advisors”) and its subsidiary entities provide professional services. CPA Firm and Advisors (and its subsidiary entities) practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards. CPA Firm is a licensed independent CPA firm that provides attest services to its clients, and Advisors and its subsidiary entities provide tax and business consulting services to their clients. Advisors and its subsidiary entities are not licensed CPA firms.

© 2025 CRI Simple Numbers, a division of Carr, Riggs & Ingram®, Capital LLC

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