Posts Tagged ‘Compliance’
4 Noticeable Trends Impacting Small Business Today
As markets continue to shift, American small businesses remain focused on growing their businesses this year. Though, while small businesses (with 19 or fewer employees) are hiring according to recent data from the ADP National Employment Report, they are still faced with challenges when growing their business. In fact, in a recent ADP Market Pulse Study,…
Read MoreHow a Product Liability Lawyer Can Help Scale Your Small Business
Scaling a small business is an exciting yet challenging endeavor. As your business grows, so do the complexities involved in maintaining quality, ensuring safety, and managing risks. Among the many professionals you’ll need on your side, a product liability lawyer plays a crucial role in safeguarding your business from potential legal pitfalls that could hinder…
Read MoreConsent and Transparency in Social Media Marketing: Are You Following?
Social media is everywhere nowadays. In fact, social media has become so ubiquitous that business and social lines that used to operate in separate spheres have now become blurred. Who’s to blame? If you guessed “smart phones” you’d be on the right track. and that’s okay. But the more important question is: Are you following…
Read MoreTop 3 Compliance Issues You Probably Overlooked
As an EOS (Entrepreneurial Operating System) Implementer, among other things, I help business owners and leadership teams document their core processes and make sure they’re followed by all. This work involves making sure the handful of things that make a business go (e.g. HR, marketing, sales, operations, accounting, customer service) are simplified and done the…
Read MoreNavigating Recent Changes That Impact Small Businesses (Video)
In the dynamic landscape of business operations, staying abreast of legal and regulatory changes is paramount for entrepreneurs and business owners. Recent developments in employment agreements and overtime pay regulations merit close attention, as they can significantly impact organizational strategies and financial planning. Let’s delve into the implications of these changes and explore proactive measures…
Read MoreWhat are the 4 C’s of Corporate Travel Management?
Managing corporate travel involves a range of strategies and practices designed to streamline business trips. In major business hubs around the world, such as New York, London, and Tokyo, effective corporate travel management is crucial for controlling expenses, ensuring employee safety, and optimizing resource use. Each of these cities has developed advanced systems to manage…
Read MoreNew Fed Reporting Law for Corps. and LLCs Starts Jan. 1
Beginning January 1, 2024, new rules require some businesses to share ownership details with the U.S. government. This rule, called the Corporate Transparency Act (CTA), applies to companies filing reports with FinCEN, the Financial Crimes Enforcement Network. However, since the reporting form is not out yet, there’s no need to panic. FinCEN has simply shared…
Read More6 Ways to Improve Workplace Efficiency With Business Compliance Software
Without accurate and up-to-date data, businesses not only risk falling out of compliance and losing their credibility but also face the danger of inefficient internal processes. Businesses risk losing their ability to adapt and their capacity to withstand setbacks, and even more importantly, they risk losing sight of the myriad of details that may make…
Read More4 Methods To Secure Confidential Business Information
In today’s modern world, confidential business data such as customer information, technology integration, future marketing effort, and more are some of the critical business assets. Thus, implementing measures to secure this confidential information may improve your competitive advantage effectively. Failure to do so may mean the loss of key business assets that could affect the…
Read MoreUnderstanding SOX ITGC Compliance
Photo by Flipsnack SOX focuses on the correctness of financial business practices. Financial activities have many features, including information technology. As such, businesses should also have SOX IT General Controls (ITGC) compliance. ITGC is a list of controls demonstrating that an IT department installs and implements the required measures to be SOX compliant. The controls…
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