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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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Can You Replace Lawyers With Software?

The Startup Magazine

A business runs on diligence, passion, and creativity — but it also needs a whole lot of legal help. Thus, as with many other expensive aspects of starting a business, many entrepreneurs like you are turning to software. Thus, it seems that software doesn’t pose much of a threat to the law industry.

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How Smart Assistants Went From Pocket Devices To Managing Offices

YoungUpstarts

In addition, not everyone has the privilege of having a real personal assistant due to high costs. Personal assistants are often hired to prepare decisions and information for managers and take care of miscellaneous tasks for busy executives and CEOs — who all earn higher incomes. What is the Role of Technology?

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How to Avoid Common Payroll Mistakes in Your Small Business

Up and Running

Dissatisfied employees won’t work hard to impress you, leave your start-up in droves and write bad reviews for your company. 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. Penalties and jail time.

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A step-by-step guide to HR outsourcing

The Startup Magazine

Your human resource activities can be outsourced to: Independent HR consultants are professionals who can assist you with hiring, HR policies, and other decision-making. Finding and hiring new talent is one of the most important tasks for any HR department. To Whom Can You Outsource HR Tasks? Payout processing and accounting.

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5 Startup Cost Realities Most Founders Underestimate

Startup Professionals Musings

For example, I come from a software background, and back in the early PC days, it could easily cost half a million dollars for a team of professionals to produce a commercial product. Now, with powerful high-level tools and open source software, winning smartphone apps can be built by a good hacker for a few thousand dollars.

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5 Things Every Small Business Should Know About Payroll

YoungUpstarts

All of this work is encouraging some small business owners to outsource managing payroll. When a new employer starts hiring, he needs to fill out an IRS W-4 form. New Hire Reporting. Did you know you have to report all of your new hires to your state within 20 days of them beginning work? End-of-Year Reporting.