The Importance of Compliance and Regulation for Small Businesses | Getentrepreneurial.com


As a manager or business owner, it is of the utmost importance to stay on top of industry standards and government regulations. If you don’t, you risk costly lawsuits, might miss out on valuable government grants and tax breaks, and could garner a poor reputation with a jaded customer base.

Review Regulations That Apply Now

It can seem daunting to wade through all the required licenses for your industry and to keep track of when they need to be renewed, but fortunately there are lots of sites that list permits you’ll need for your business by industry or by state. Many government websites also explicitly list rules and regulations for industries such as the liquor and nuclear industries.

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