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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Not only do these requirements ensure that businesses operate within the law but it also protects small business owners and their consumers. . Let’s take that innovative new business idea and walk through all the requirements you need to consider to successfully start a business that’s legally recognized.

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Why Small Businesses Should Get Business Insurance

YoungUpstarts

Numerous risks are associated with running a business successfully. An employee could get hurt while on the job, a client file a lawsuit, or a natural disaster could destroy your business premises and equipment. For these and many other reasons, it’s fundamental to protect your business. To Cover Your Employees.

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8 Effective Payroll Tips for Small Business Owners

Up and Running

For example, it can be more difficult to maintain strict employee privacy. In a recent survey conducted by payroll services provider OnPay of more than 1,000 small businesses, business owners who run payroll manually said they spend an average of 18 hours a month paying employees. Appoint a payroll manager.

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Everything You Need to Know About Invoice Financing Platforms

Women Entrepreneurs Can

You may benefit from invoice financing if you own a business that relies on invoices for income. This financing type offers companies cash structured like a loan or credit line. It lets businesses quickly access a percentage of invoice value, improving cash flow and providing funds for growth initiatives.

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Employee Motivation Tips That Lead To Growth

YoungUpstarts

Direct managers or supervisors are usually the most influential in this regard. However, many small businesses don’t have the benefit of larger department structures. So, the owner of the business and the manager are one in the same. Why Employee Motivation Matters. But you must take a balanced approach.

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11 tips for reducing costs in small business

NZ Entrepreneur

With inflation reaching a 30-year high, small businesses across the country will be looking for ways to reduce costs amid cost of living and rising price pressures. To help support your all-important cashflow over the year ahead, here are 11 straightforward tips to begin minimising business costs today.

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Taking Care Of Business: Advice For Small Business Owners During Slower Months

YoungUpstarts

by Jay DesMarteau, head of small business and government banking distribution for TD Bank. This can be stressful for small business owners, who already have a lot on their minds. A business credit score can greatly affect one’s chances of securing credit. Brush Up on Credit and Consult Advisors. The problem?