Paychex, Inc. (NASDAQ:PAYX)
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Paychex provides payroll, human resource, and employee benefits outsourcing for small and medium-sized businesses.
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Paychex provides payroll, human resource, and employee benefits outsourcing for small and medium-sized businesses.
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I love the business model here, which is relatively light. It handled outsourced work for many companies, processing paychecks and other things, and enjoying economies of scale. It started focusing on smaller firms, but is now aiming higher, and succeeding.