How to File Your Beneficial Ownership Report in 11 Easy Steps

two people analyzing data from reports together

By this point, you’ve probably already heard about the new Beneficial Ownership reporting requirement and started thinking about who in your business qualifies as a beneficial owner.  The regulation helps FinCEN maintain a better picture of the U.S. business landscape when investigating financial crimes. But it also means many small businesses are now responsible for…

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7 Common Legal Pitfalls for Small Businesses

a law gavel and a dollar bill emphasizing the financial burdens of lawsuits

Legal issues can be distracting and expensive for business owners. Typically, legal pitfalls put most entrepreneurs in an awkward position, especially when you have zero legal background. If you make a mistake, it can have legal consequences for your business and possibly lead to financial losses. It’s important to understand some of the potential legal…

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Top 5 Reasons To Hire An Environmental Consulting Firm

a construction business receiving environmental consultation

Sustainability is the buzzword. Unlike how it used to be earlier, businesses nowadays must comply with an increasing number of environmental regulations. Climate change and the need to protect our environment and conduct business profitably and sustainably have increased threefold. New rules to promote sustainable solutions are being discussed and implemented by governments and regulatory…

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How to Ensure Government Compliance for Your New Business


If you’re considering setting up a business premise (either physical or virtual) it is essential to understand and comply with any relevant regulations. Failure to do this can be costly, so before you take the plunge into entrepreneurship, ensure you are aware of all the necessary protocols. Let’s explore some key steps you should take…

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Must-Haves for 5 Small Business Industries

a small business owner working in their clothing business

If you own a small company, you already know about many of the local, state, national, and industry regulations that govern what you can and can’t do. It’s a fact of modern business that every industry has its own set of musts that owners must follow. In the transport sector, for example, supervisors have to…

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8 Government Regulations Business Owners Need to Know

The government regulations and laws you’re expected to follow as a business owner depend on your industry and location. However, there are a few common categories of business regulations that all business owners can expect to encounter at one point or another. We’ll walk you through some of the standard laws and regulations you’re required…

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Marijuana and Illegal Drugs in the Workplace

After reaching the lowest rates in three decades, positive drug tests among US workers are just under 5%. Yet according to almost all business leaders agree that drug testing is still needed and an essential part of building an effective workplace. As a result, 88% of employers will drug test at some point during an…

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