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Business Regulations Entrepreneurs Must Comply with: Reducing Legal and Compliance Risk

Being an entrepreneur can be a rewarding career path, but it also comes with risks. Entrepreneurs need to consider a lot of factors to guarantee that their businesses are running smoothly. This way, they will be able to promote growth and success more effectively.

In the world today, starting a business has never been easier. Entrepreneurs can go online and open up a business bank account, get business insurance, or even start accepting credit cards with just the click of a button.

However, some entrepreneurs don’t understand that there are many regulations they must comply with to establish a business successfully. If you’re an entrepreneur looking for help to understand what business regulations you need to know about, then researching these regulations will be beneficial for you. This way, you will know what regulations to comply with to avoid legal problems down the line.

Important Business Regulations to Comply With

Complying with business laws and regulations is a must for business owners. If business regulations are not followed, entrepreneurs may face legal issues like fines or even jail time. It is crucial for business owners to know the business laws and regulations in their state that they must comply with so that they can avoid problems down the line.

For example, if your business discharges wastewater into public drainage systems, you need an oil-water separator. This is an environmental regulation that has been implemented for all businesses that discharge wastewater into public drainage systems. Failing to abide by this regulation might cause an entrepreneur to pay a hefty fine or face jail time.

Below are other important business regulations that entrepreneurs need to comply with:

Tax Code

Entrepreneurs need to adhere to the tax code that has been established for their businesses. If an entrepreneur fails to do this, he or she might be subject to penalties and fines that will cost them a substantial amount of money. The tax code exists because it ensures that business owners are fair to their industry and businesses.

Entrepreneurs have a responsibility to keep up with the ever-changing tax code because it can affect them directly or indirectly. If an entrepreneur does not comply with the tax code, they may be audited by a state agency or IRS, which is something no entrepreneur wants to go through.

Employment Laws

Before you hire anyone, it is important to know the employment laws in your area so that you can avoid hiring people illegally. You also need to know what you can and cannot ask of an employee. You also have to treat your employees with decorum all the time. Make sure that you pay them on time and do not discriminate in any way.

Entrepreneurs who violate employment laws are at risk of being sued by their employees or state and federal agencies. Therefore, entrepreneurs need to educate themselves about employment laws because ignorance is not an excuse.

Licensing and Permits

Entrepreneurs need to comply with the laws concerning licensing and permits because business regulations around business licenses and permits vary from state to state. For example, business owners need to know about business licensing requirements in the city where they operate their business. Some cities require entrepreneurs to obtain a general business license and specific business permits for each industry that requires it. If you are not complying with your local municipality’s laws on business permits, your business might face closure, and you might even face criminal charges.

Environmental Regulations

Environmental regulations are also business regulations entrepreneurs need to comply with. According to business laws, every business owner should be aware of environmental compliance rules and implement them as per the guidelines provided by Environmental Protection Agency (EPA) or other local authorities concerned. This is because there are businesses that do not follow the laws that aim to protect the environment.

Therefore, environmental regulations have been implemented to ensure business operations are done in a way that doesn’t harm the environment. With this business law, it is now illegal to pollute water bodies or release toxic substances into the air without proper permits, which come with heavy fines if violated.

Privacy Laws

Entrepreneurs also need to comply with privacy laws because business operations must be done to protect customer information. Entrepreneurs should always ask for consent from customers before sharing their information with third parties. This way, they will not violate privacy laws.

The Importance of Complying with Business Regulations

Business owners need to know what business laws they need to comply with because failure to adhere to these business regulations can put their businesses at risk. Entrepreneurs who comply with business regulations are more likely to succeed because they will not have to deal with legal problems down the line.

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5 Tips on Letting Go of Career-Related Stress

Career pressure can be detrimental to your health. Whether you own a business, you’re a freelancer, or even an employee, the demands of your career can have the potential of having long-lasting effects. The demands on your time can be relentless, you work harder but you never catch up. Work-related stress has always been around but over the last few years, the topic has been increasing in workspaces, online, and in the media. This is especially thanks to mental health becoming a less-taboo topic.  So how can you release work-related stress? Is it possible? Are there any ways to at least re-energize? These are some tips to help you out!

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Prioritize your work-life balance

The lines between your work and home life cannot and should not be blurred. That’s why it’s so important to establish boundaries. You need to have a break, breaks will lead to more productivity but it’s also going to make you feel much more rejuvenated. Taking a break from your work and spending time with your family is important. It’s essential actually. You need to know when to let go of your work for the day so you can spend that time caring care for your self like your physical health, mental health, and checking in on the wellbeing of your loved ones.

Meditate

Mediation is a very popular way to process information and to allow the troubles to melt away. Try and take some time each day that you can do a bit of meditating. Even if you have a busy schedule, it only takes a few minutes to do. There are plenty of ways that meditation can be effective for beginners.  This will help you in feeling more relaxed and unwind from all the pressure that work gives off.

Get away from your workspace

This is especially true if your workspace is at home such as at a desk or in an office. Ideally, you spend time away from that area on your off days and breaks as this is only going to make you feel drained just from looking at it. Try going out of town for the weekend on a trip. This gives you time to recuperate from your long week at work and it allows you the chance to get a breath of fresh air.  Don’t worry, you can still maintain growth for your business while you’re traveling around.

Look into activities that re-energizes you

You should never neglect your hobbies or any activities that make you feel good, whether this be physically or emotionally. Look into things during your free time that you think will make you feel better and can get all the tension from work released. Exercise is one of the best ways to make yourself physically feel better while also releases the frustration and tension that work can cause. There are a variety of exercises and sports you can do such as basketball, cycling, boxing, weight lifting, or even just standard workouts at the gym. Pickleball, which has gained popularity, is another sport worth checking out. A sporting goods store will likely carry pickleball best paddles for you to choose from.

Go out into nature

Nature has such a great impact on the human mind. It makes you feel more connected with your surroundings, but it also helps in making you feel free. Free from your worries, troubles, and everything that causes you to stress for the time being. You can go out on a hike in a secluded area, or even just take a stroll in your local park in order to feel the rejuvenating effects that nature has.  Also, being out in nature will give you a clear mind. This gives you the chance to thoroughly think about things you’ve been wanting to achieve such as getting business visibility or figuring out how to reach certain goals. 

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A Few Things to Add to Your Pickup Truck

If you own a pickup truck, you’ll no doubt want to get the most out of it, but wanting that and actually making it happen are two different things. We’re going to talk today about some of the most important things to add to your pickup truck if you want to improve how you’re able to use it and make it more convenient for you too. There are so many additions that’ll make that possible, so read on to find out about some of them.

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High-Quality No Drill Mud Flaps

There are lots of ways in which you can improve your vehicle, and it all comes down to how you plan on using it. If you’re someone who does a lot of off-road driving in your truck, it’ll probably be a good idea to improve the mud flaps on your truck. That way, your wheels and tyres will be better protected, as well as the underside of the truck. No drill flaps are best as they don’t cause damage to the car body.

Towing Mirrors

If you want to do more with your truck, that’s probably going to involve towing in some form or other. If you’re towing anything behind your truck, you need to have a wider field of view to make it safe. That means making sure that you have the right towing mirrors in place that’ll offer you the view you need.

Tonneau Lights

If you’re going to be using your bed more and you want to make sure that you can get more out of it no matter where you are or what time of day or night it is, you definitely need to put in place some tonneau lights. These will help you find what you’re looking for and store things away more securely after dark. It can make a pretty big difference to how you use your truck.

A Load Cover

Investing in a load cover is definitely a good idea. The best tonneau load covers are the ones that are durable and that offer ease of use, so it might make sense to spend a little more on yours rather than going for the cheapest one you can find. They’ll offer you protection and more flexibility in terms of how you actually use your truck’s bed.

A Thermoelectric Truck Fridge

If you want to make sure you always have a cold drink at hand and your passengers have a cold beer to drink, you should think about putting a thermoelectric truck fridge in place. These are great and they’re the kind of addition that you’ll love once you have it. You’ll wonder how you ever lived without one of these in your truck.

As you can see, there’s no shortage of great additions you can make to your pickup truck if you feel that’s something that needs to happen. Be sure to at least consider each of the options discussed above and figure out how you can start improving your truck and how it performs for you.

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5 Tips To A Safer And Healthier Home

Do you know what is lurking in your home? Do you know how to keep it safe and healthy? There are many things to keep in mind when wondering if your home is safe and healthy, so it’s essential to take precautions to ensure everyone’s safety. This article will discuss five things that you may not have thought about when thinking about a safe and healthy living environment.

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Weed Control Specialist

You can’t always rely on yourself to sort out the problem when it comes to weed control. One wrong move and your entire garden will be overtaken by weeds, or you could kill everything in the garden. You need someone knowledgeable about weed control in order to get rid of these annoying invaders once and for all. When looking for a reputable company for Weed Control, make sure they have experience with organic solutions because this way, you won’t damage your soil or plants while still ridding your home of these pesky weeds!

Pest Control Specialist

When you’re living in your home, it’s easy to forget about the little pests that could be hanging around. Spiders, mice, or ants can easily sneak into a house through cracks and crevices that are hard to see on a day-to-day basis. A pest control specialist, such as H2 Pest Control is trained to find these areas to effectively remove any invaders at an affordable cost.

Mold Specialist

It is essential to have someone who specializes in mold testing methods and removal services. They will be able to help you with any questions that you may have and provide the best solutions for your particular situation. It is important to know exactly where the moisture comes from that is causing the mold in your home. Also, remember that there are various types of molds, and even if you’ve seen them before, there’s no guarantee that the same kind of mold will be found in different areas of your home. That is why finding a reliable specialist who knows what they are doing is essential!

Roofing Specialist

A roofing specialist is an individual who can provide you with tips on how to best repair the roof you currently have. The process of finding a good roofer won’t be difficult if you know what questions to ask when interviewing them. If they have years of experience repairing roofs, then they would be the best for the job and will do quality work at affordable prices.

Structural Engineer

A structural engineer is a licensed professional who designs and inspects the construction and foundation of buildings. They ensure that all components are structurally sound, which will prevent potential hazards later on. If you live in an older home, consider contacting a structural engineer to examine your home’s foundation to keep you and your family safe from any structural collapses!

In conclusion, there are many things you may not know that need to be done in or around your home. These five professionals will help to keep your house safe and healthy for all who live there!

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Stop The Standards Of Your New Restaurant From Slipping

If you have recently opened a new restaurant, then getting good reviews and even better turnouts can be an exciting and invigorating time. It can feel like vindication for those who take the risks to open their own business, but that doesn’t mean you can rest on your laurels. New restaurants often make the mistake of letting their standards slip, and in some key areas, this can begin to really hurt the experience. Here are the areas you should make sure you’re keeping an eye on.

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Make sure the tools of the job work as they should

Every piece of equipment in the kitchen, from the stoves and ovens to every pot and knife, should be maintained to ensure that it is in the best condition. Inefficient food prep tools that aren’t sharpened or cared for are going to get in the way of the cooking process, making your chefs’ jobs harder than they need to be. Faulty cooking equipment can start to alter the taste of the food or make food prep take longer. Weekly equipment inspections and daily maintenance should be part of running the restaurant, with final checks before opening for the day or evening.

Cleanliness is your business

The cleanliness of the kitchen is going to affect not just the hygiene of any food prep or storage, but it’s going to affect the morale, motivation, and engagement in the kitchen, as well. It’s essential to trail your chefs to clean as they go, but if you want to make sure that you keep up with the best, then you need to think about inviting commercial kitchen cleaning services, as well. This is the most important part of maintaining the physical kitchen, itself.

Regular training is a must

Getting a trained chef in or helping new serving staff learn the rules at the start isn’t enough. You need to make sure that your existing staff keeps their skills sharp by having regular training. Restaurant training courses can help your staff make sure that they are following every standard. It’s an important rule to remember that even professionals will start to forget details of what they learned in training almost immediately after they finished learning it. Everyone needs a refresher.

Document everything

It’s not enough to simply make sure that standards are set and to check that they are being followed. Those standards need to become a part of the core of how you run the restaurant. As such, the best way to do this is to systematize them and document them. Keeping checklists of kitchen standards and printing them to go on the wall can serve as an easily visible reminder to your staff as to what they should be doing. Similarly, things like plating standards can be maintained by taking pictures of the plates to go by the plating area.

Slipping standards are an all-too-real risk of running a restaurant. Hopefully, the tips above give you some ideas on how to stop it from happening in your new restaurant.

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Is Your Home Healthy?

When was the last time you really asked yourself whether you were running a healthy home? Not many people consider this as something that they should be thinking about, but a healthy home is so important if you want to ensure that you are getting the best for your body and your mind. If there are times where you slack on your cleaning (and we all do it) or there are times you really don’t have the time or energy to get stuck in, then you need to assess whether your home is as healthy as you thought it would be. 

If you’re on top of your cleaning, are you remembering to clean out your ceiling fans? Have you dusted out your HVAC and called DUCTZ to help? You have to work on ensuring that your house gives you the room to breathe that you need. That means making sure that you stay on top of the cleaning you are doing, even if only sporadically. So, with this in mind, here are signs your home isn’t as healthy as you thought.

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  • You’re not using the right cleaning products. The products that are on the shelves and popular because of certain Mrs Hinch product recommendations aren’t always the best ones that you could be using for your home. You have to know the cleaning products that you use are good for your health; after all, you’re the one breathing them in. Home is where your health begins, and that means starting with the things you clean with. The right solutions should be chemical-free and as natural as possible!
  • You have damp going on. When was the last time you checked the bathroom and laundry room vents in the house? These can clog up with dust and dirt and when this happens, you can end up with a build up of moisture in the home. The last thing that you need is a humid environment packed with mold. Do you have to make sure that you are ventilating well in spaces that have a lot of moisture in the air?
  • You didn’t use a HEPA filter. When you run your HVAC, you need to know that the air is clear. When you’re running a vacuum cleaner, you have to be sure that your air is still clean. Without a HEPA filter, the air can become polluted. You have to think about whole-house filtration and make sure that you have filters everywhere. 
  • You’re not clearing your oven vents. We are talking about ventilation for the bathrooms and laundry space, but what about ventilation from the ventilation in the kitchen? You have to consider making sure that your oven is ventilated, too, so that you don’t have smoke and burning filling the room. Oven vents need to be cleared just as much as every other vent in the home.

A healthy house is one that smells fresh and is one that you can breathe in. Make sure that you can with the tips above.

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What’s Bringing the Value of your Home Down? Find out Here

If you own a property, then you will know how important it is for you to try and rocket the value. You may want to do this if you intend on selling in the future. That being said, most people focus on what they can do to increase the value of their property, to the point where they don’t look into how their value is decreasing. If you want to stop this from being the case, then you can look below.

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Unfashionable Furnishings

Everybody has their tastes, but if you have a unique taste then this could well be working against you. A timeless design can be achieved with some hard work, especially if you have an eye for style. That being said, most people don’t have this eye. If you want to increase the value of your home, then you have to make sure that you maintain and improve your home. If your kitchen looks like it was decorated in the early 00s, then now is the time for you to change that. If you think that someone is going to have to redecorate when they move in, now is the time for you to do that for them. If you do this, then you will soon find that the value of your home increases.

Knotweed

Japanese knotweed was imported in the 1850s and it is now present all across the world. Gardeners favored it at one point as it strongly resembled bamboo. The problem is that it can now cause major problems. This plant has the ability to grow up to 10cm in a single day and it is very aggressive. It can actually weaken buildings and it can also grow up to 14 feet deep. On top of this, it can also be dormant for 20 years or more. If you have this plant on your property, then you need to try and make sure that you cut the canes so that they cannot regrow.

Structural Damage

You may notice that sometimes, little things appear in your home over time. You may have a roof tile that is missing, or you may even have a crack in the foundation of your home. It can be very tempting to avoid or ignore issues like this, but ideally, you need to deal with them immediately. One issue can easily lead to another, and this will end up being expensive for you if you aren’t careful. You need to look out for issues such as a sagging roof as well as termites and uneven floors. You also need to look out for damp subfloors and timber rot. If you have damaged drywall, now is the time for you to invest in a drywall repair service.

Pets

Did you know that if you have pet damage, you could lose 5% of your home’s value? Nobody is saying that you should not keep pets, but you should try and be mindful of the pets you do keep and how you keep them. Dogs might be full of positive energy, but they can cause damage by dragging their muddy paws throughout your home. Pet odor is the biggest issue for those who may be valuing your home, so get everything professionally cleaned before your home gets valued.

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Interviewer Training

A morning at the dentist having root canal work, or a morning of interviews for new hires into your department? Tricky choice. Oh, and by the way it’s just been landed on you by HR, who are sure you’ll do a good job.

It’s now a common problem in fast growth companies who are hiring rapidly, as the central HR department tries to delegate the interviewing process down to the hiring managers. What does excellent look like? How do you ensure that you attract the candidates that will really add value to your organization, and that they accept your offer, and that they stay beyond 6 months? Conversely how do you avoid hiring potential troublemakers, or avoid legal action from a candidate with a grievance about the interview process, who claims discrimination? And how do you ensure consistency across multiple busy hiring managers?

It’s over 20 years since the phrase “war on talent” became commonplace after the McKinsey book of the same name. A 2017 study of over 600,000 individuals from business, research, politics and entertainment showed that high performers were 400% more productive than average ones. As a business, you want as many of those as possible.

So how should your organization ensure that you have an interviewing process that ticks all the boxes and gets you the very best candidates? Obviously you will need to have a competitive offer, but in addition you need to ensure that your interviewers;

• Understand your organization’s hiring process and their individual role within the process.
• Know how to prepare for an interview i.e. develop questions, review
CV’s and application letters.
• Understand how to conduct an interview which is legally compliant, that avoids bias and really gets the best out of the candidate.
• Know how to give good feedback and provide a consistent interview score.
• Understand the post-interview process and what happens next.

Interviewers need to strike the right balance between asking challenging questions which adequately assess the candidate’s skills, and with making the candidate feel that the organization is the right place for them to build a career. It’s partly a selling job; you want to highlight the “value added” of the organization, whereas candidates need to feel that your organization wants their talent, and that after joining they can make an impact and feel at home. Remember that the evaluation process is two-way, candidates are assessing you as much as you are assessing them.

In short, you need to ensure that your interviewers are trained to a high standard, and will be able to provide an interview that will leave the candidate feeling great about your organization, whether or not they receive an offer. Your training should ensure that interviewers can do the following.

Understand and explain your hiring process

Interviewers need to know how many stages are involved, the time frames and any pre-selection testing ie inbox exercises or Excel assessments. They need to show empathy with candidates, and be able to explain why the components are necessary, and how it all fits together.

Interview preparation

Candidates want to join an organization that cares about them and their development, and will be put off if your interviewers have failed to match up the role’s required skills and behaviors with those shown in the candidates CV and applications. This will also highlight areas for further exploration during the interview.

Well-conducted Interview

Interviewers should always start on time, introduce everyone and their role, explain that there will be taking some note-taking, tell candidates the duration of the interview, and avoid sitting directly opposite the candidate. Start with a general “settling“ question that a candidate will be able to answer easily, something that they will know, before launching directly into questions.

It should always be clear what you are looking for when asking a question. If it is obvious that a candidate is struggling to answer, then either rephrase it or give them a hint to try to guide them, or gently move on to another question.

Interviewers need to understand whether the type of question and how to score the response.

• Behavioral, where typically they will be looking for a strong example to illustrate from the candidate, using a framework such as STAR (Situation, Task, Action, Result) to score against.
• Strength-based, where assessment of body language and enthusiasm is used to establish natural innate strengths.
• Technical, where either specialist knowledge or literacy/numeracy/judgmental skills are tested.

Many managers have invisible or unconscious bias, and tend to prefer candidates with which they share common beliefs. This may lead to lack of diversity in recruitment, and all training courses for interviewers should include an element of unconscious bias training, so that least there is awareness and the opportunity to correct this.
Most countries expressly prohibit discrimination based on age, sex, religion, nationality, childcare requirements or medical conditions. These are defined as “protected” characteristics, and interviewers cannot directly ask these questions about these i.e. “Which country were you born in?”. Instead, questions must focus on the ability to carry out requirements of the role i.e. ”Is there anything that would prevent you from fulfilling the job requirements?”.
Training in unconscious bias and avoidance of discrimination should be mandatory for managers, both to improve inclusivity and diversity, but also to protect the organization from legal claims.

Interview Scoring and Feedback

Ideally there should be high consistency between different managers, when interviewing the same candidate; this is where scoring templates and model answers can really help. This helps both in selecting the right candidates, but also becomes the basis for informed and helpful feedback, as well as reducing the potential for discrimination claims.

What Happens next

All interviewers should be able to keep to the interview timing, so there is adequate time for wrapping up, questions from the candidate, and to explain what happens next, within what time frame. They should use the opportunity thank the candidate for attending, try to sum up the candidate’s strengths and how they would add value to the organization. This is still part of the sales pitch!

Much of the above will be second nature to experienced HR professionals, but for hiring managers, it is essential that they receive adequate training, and only conduct interviews when all are confident in their ability to deliver.

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