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3 Smart Money Moves to Make Before Starting a Business

Success

For example, do research ahead of time to predict the average accounts receivable timelines for your industry. Because business growth requires capital to support payroll, accounts receivable, inventory and more, it’s a good idea to establish forecasting models. You should consult your own tax, legal, and accounting advisors.

Finance 345
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It’s time to review (or create) your document retention policy

BMT Office Administration

Creating an effective documentation retention policy involves reviewing company and human resources requirements, state law, federal law, industry and governmental regulatory requirements, and insurance policies. Legal consult proves especially helpful in matters involving the organization’s litigation hold policy.

Policies 105
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The best timeclock options for small businesses

BMT Office Administration

However, as a small business, it may seem like many options are too extensive, too expensive, or don’t quite meet your needs. The refills are typically not too expensive, but if you have a large number of employees they can add up. This can make payroll processing more efficient. Work locations. Time clock options.

Payroll 52
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Stay organized and secure with electronic records management

BMT Office Administration

Jan bit her lip and hoped that Laura had not accidentally tossed evidence the legal department might need in a harassment lawsuit. The second action opens up the company to potential legal and regulatory problems. Some types of business records, such as tax forms and legal documents, are relatively easy to spot. OSHA forms.

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5 Administrative Assistant Skills That Add the Most Value

Admin Awards

Industry knowledge. Knowing the three T’s of the industry — terminology, trends and technology — and being able to articulate them on your administrative resume means that even as a new hire, you will begin to contribute immediately. For more information, including career resources and industry research, visit roberthalf.com.

Skills 40
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What legal entity is right for your business? | THE SMALL BUSINESS.

The Small Business Blog

What legal entity is right for your business? by Jason Holden on Jun 29, 2006 The first thing I want to make clear here is, the legal entity cannot be decided by just reading this bite sized post, you need to seek professional advice, at which point it will be discussed with you in more detail.

Legal 100