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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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Common Employee Performance Management Challenges and How to Fix Them

Up and Running

For many startups and small businesses, talent management can sometimes be deprioritized from the everyday chaos and operations. As they begin to grow , they start to recognize that using a spreadsheet or using memory to keep track of employee performance just doesn’t work. Unclear objectives & tasks.

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Tips For Hiring Your First Employee As A Small Business

YoungUpstarts

Getting to the stage in the business where you can hire your first members of staff is an excellent achievement and one you will want to make sure you get right. It shows that you are on the path to success, and hiring the correct employee will boost the value of the business. Choose the Right Space. Be as Open as Possible.

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A Guide To Outsourcing Services For Startups

YoungUpstarts

The good news is that there are firms that offer quality financial services, including small business tax preparation. Small businesses can hire such firms and get quality services on a pay as you go basis. This means that companies do not have to keep an expensive in-house team idle and still pay them big salaries.

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How to Avoid Common Payroll Mistakes in Your Small Business

Up and Running

Payroll is one of the least appreciated yet most essential functions in a business. When done well, payroll can help your organization stay safe from legal consequences and keep your employees content. All businesses that have employees must do payroll , but that can mean something different for each company.

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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. Brush Up on Credit and Consult Advisors. The problem?