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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

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. Small business insurance is a remarkable way to protect your business. It is Required by Law.

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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?

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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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What Do I Do If My Business Runs Out Of Cash?

YoungUpstarts

Sudden payment of unaccrued tax, bonus, or commission liabilities (this is a common bookkeeping and forecasting error for small businesses.). For example, a rapidly growing business is often purchasing lots of inventory, investing in fixed assets, and not managing their accounts receivable. Stop founder salaries.

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How to Avoid Common Payroll Mistakes in Your Small Business

Up and Running

In addition, employees would have a right to sue the employer, which could cost them their livelihood, reputation, and personal finances. For these two reasons, it’s necessary for all small businesses to adhere to Federal payroll laws as well as State-Specific Tax Laws, or you could face severe consequences.

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How to Fine-tune Your Small Business Finances—from Funding to Growth [Webinar Recap]

Up and Running

Are you an entrepreneur or small business owner with questions about funding your small business? Maybe you are wondering which metrics to track, or whether or not you should take out a loan for your business. You can kind of think of it like a kayak for small business. My name is John Bates.