Warning: count(): Parameter must be an array or an object that implements Countable in /home/customer/www/katebagoy.com/public_html/wp-content/plugins/likeablepress-sendfox-for-divi/my-sendfox-extension.php on line 295

Warning: count(): Parameter must be an array or an object that implements Countable in /home/customer/www/katebagoy.com/public_html/wp-content/plugins/likeablepress-sendfox-for-divi/my-sendfox-extension.php on line 295
Kate Bagoy | Legal Requirements Your Business Shouldn't Skip

Legal Requirements Your Business Shouldn’t Skip

by Feb 2, 2021

Get 60% off the ‘Secrets of a Six Figure Freelancer’ ebook today

While it can be hard to follow every single rule your business should follow, it is essential to your business’s survival. Before they open up shop, business owners should know what legal requirements they need to follow. As you grow and expand there are important things not to miss. Get out your pen and reading glasses, because there are a lot of documents to receive and sign.

Proper Registration

A business must have the proper registration to be considered legal in your area. This helps the government monitor the taxes your business owns. If you skip registration, you can be taken down by the IRS and be barraged by fines. You should figure out how to get the proper permits immediately. Thankfully, this isn’t the most difficult thing to figure out. As LegalZoom points out, Each state and city has its own requirements. Look on the official government website for your area to see what permits you need for your company. Fill out the paperwork, pay the fee, and you should be good to go.

Insurance

You should also make sure your business has the proper insurance for your company and for your employees, should you decide to bring others on. On a national level, full-time employees are required to have some sort of health insurance. According to Barnes Disability Advocates, states set the requirements, so you need to check that you are complying. Insurance will not only keep you out of legal battles with the government, but it will also mitigate legal battles between you and your part-time employees. Insurance is obviously essential.

Safety Protocol

You should also make sure your business is keeping with safety codes. Safety can refer to several different things. COVID-19 has forced the government to include social distancing and mask-wearing requirements for local businesses. Although many of us will be working from home or online, should you decide to collaborate in local coffee shops and coworking spaces these are things to keep in mind. Should you decide to set up a brick and mortar space, your business should also meet fire and building codes. Without this, your whole workforce could be in danger if a natural disaster were to strike while they were on the job. You should take every caution to ensure those working with you will be safe. These are only a few of the legal requirements you should meet to open your business. Without them, your company could put others at risk or get taken down by one legitimate lawsuit. Safety codes and legal requirements don’t just keep others safe, but they keep your livelihood secure.

Need some extra help getting off the ground? Grab my step-by-step guide here. 

Other Posts You Might Like

How to Save Money Marketing Your Business

Marketing is an expense that is absolutely necessary for your business. Getting the word out about your business, drumming up...
Read More

How to Turn Your Writing Skills into a Full-Time Career

You are a master at turning a word, but how do you transition a writing hobby into a full-blown, lucrative...
Read More

How to Save on Taxes as a Freelancer

If you’re a freelancer, you already know that you need to save roughly 30% of your income in order to...
Read More

How Software Helps You Run Your Business More Efficiently

Building a business takes a lot of resources and dedication to turn your goals into actions. If you want to...
Read More

How to Avoid Expensive Turnover at Your Business

Hiring qualified, dedicated, and hardworking employees is a major headache. Not only that, but it is also rather expensive -...
Read More

How to Leave Your 9-to-5 and Start Your Own Business

Leaving your 9-to-5 is a big step, especially if it’s to start your own business. There are many things you...
Read More

How to Make the Most of a Small Marketing Budget

As a small business owner, you know that you need to have marketing, but when you are just starting out,...
Read More

How to Make the Best Impression When Meeting New Clients

https://youtu.be/kH64L_Vfj9s It has often been said that you have one chance at a great first impression. When meeting with a...
Read More

What You Need to Know to Avoid Critical Business Startup Errors

Creating your own startup can be a wonderful opportunity. However, it’s also very tricky to get started if you don’t...
Read More

What a Bespoke Marketing Strategy Can Help You Achieve

Bespoke is giving your product a unique personality. It is tailoring your brand and connecting to your unique clients. Your...
Read More

Hi, I’m Kate

Hey, I’m Kate! I’m a designer, digital nomad and founder of Six Figure Freelancers – I love to help talented tech pros start businesses.

Work with Me

Get The Book

Featured Post

Pin It on Pinterest