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Routine tasks that keep your business running

You have a great idea for a small business. Maybe you have created a product or service you know will sell, or you are finally taking a chance on putting your artistic abilities to work. Your passion for your business gets you out of bed in the morning, and you are determined to make your business work despite the odds.

Dealing with the "business" part of a business may not be something you relish. In fact, the tasks that keep you at your desk in the back office may be the ones you look forward to the least. Unfortunately, for a business to work, you have to attend to those tasks in a timely manner before they become a burden that weighs you down and threatens the health of your company.

Boring but vital

Many of the critical but not-very-interesting tasks of running a business must have your attention from the beginning stages of planning your new venture. Information security, for example, protects you, your employees and your customers from hackers and identity theft. If your clients can't trust that their information is safe with you, they will quickly take their business elsewhere. Investing in a quality security system and carefully training your staff are essential.

In addition to securing confidential information, the following tasks may not be exciting, but they will need your attention from the beginning and on a regular basis:

  • You must register your business with the IRS and the appropriate agencies in North or South Carolina.
  • Establish a payroll system so your employees receive their checks on time every payday will help instill confidence and loyalty among your staff.
  • It is important to understand and maintain a solid benefits program for your employees, including diligently paying health insurance premiums and keeping accurate records for employee time off and other details.
  • Carrying business insurance will help protect you from personal liability or other events that could destroy your business.
  • You would be wise to regularly seek legal advice, especially when you are uncertain about how the law applies to your situation.

Having a solid relationship with a business attorney can help your business remain compliant with federal and state regulations for your industry. Additionally, a skilled legal advocate can guide you through every phase of your business' life, from formation to succession, help you avoid unnecessary litigation and fight aggressively for your cause when taking legal action is in the best interests of your business.

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A Business Law Firm, LLC
1989 South Pine St.
Spartanburg, South Carolina 29302

Phone: 864-308-2486
Phone: (864)-699-9801
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