Yes, it takes time. But following government rules and regulations is necessary and pays off in the long run. From local licenses to federal taxes, identify the regulations that apply to your business. A three-part strategy will help:
Here are the most effective solutions to navigate the array of government regulations at the local, state and federal government levels.
The best contacts and resources to help you get it done
Check the official business link to the U.S. government
Business.gov was created to be the central point of contact for any questions you have about government rules and regulations that affect your business.
I recommend: Before launching your small business, be sure
to check on specific laws and regulations for your area.
Apply for the right business licenses
Get a business license and, if needed, a certificate of occupancy for your office from local authorities.
I recommend: The U.S. Small Business Administration has the right
links to licensing authorities in all states.
Comply with a wide range of tax rules and regulations
Except for partnerships, all businesses must file an annual income tax return. Self-employment, excise and employment taxes are other common business levies.
I recommend: Get complete
A to Z information on tax rules and regulations that might impact your business at the IRS Small Business/Self-Employed Web site.
Seek help for unfair regulatory practices from the Small Business Ombudsman
The Ombudsman's missions is to assist small businesses with unfair and excessive federal regulatory enforcement, such as repetitive audits or investigations, excessive fines, penalties, retaliation or other unfair regulatory enforcement action by a federal agency.
I recommend: Discover
how the Ombudsman's office can help your small business.
Trust, but verify
All employers must verify a worker's eligibility by processing a Form I-9, Employment Eligibility Verification Form.
I recommend: Access forms and guidance from
U.S. Citizenship and Immigration Services.
Don't ignore safety
While state laws vary, the federal Occupational Safety and Health Administration (OSHA) sets general standards for employers. And businesses with at least three employees must have workers' compensation insurance in case of on-the-job injuries.
I recommend: Contact regional and state
OSHA offices about standards, and
state labor offices for insurance questions. Find answers you need in the
OSHA small business section.
Keep up-to-date records
Businesses must meet specific standards on internal financial reporting and protection of customer information.
I recommend: See
Compliance Online for comprehensive information on recent changes in federal law. Check with the
U.S. Department of Labor for up-to-date information on wage-and-hour laws, leave and overtime issues. The federal government publishes new rules and regulations every weekday in the
Federal Register.