Ten Must-Know Legal Requirements for Small Businesses

These small businesses are unique, diverse, and vital to innovation and the continued recovery of the economy. Notably, since the end of the recession (from mid-2009 to mid-2013), small businesses accounted for 60 percent of the net new jobs. 

These organizations—whether they are well-established in their communities or from aspiring entrepreneurs setting out on their own—have a wide range of needs: choosing suppliers, hiring employees, establishing a web presence, obtaining funding, finding a customer base, and much more. 

For small businesses, all of the aforementioned needs require planning, paperwork, and procedure. In that regard, according to a recent survey by leading polling firms Penn Schoen Berland and Public Opinion Strategies, 43% of small business owners report having either been threatened with or involved in a civil lawsuit.

To address the challenges that small business owners face every day, the team at Legal Services Link has developed a new guide for small businesses looking to minimize their risk of, and impact from, running afoul of legal issues and requirements. The Small Business Legal Guide: Top 10 Legal Requirements identifies ten areas that business owners need to address to ensure their businesses are legally protected, as well as a checklist to ensure they are satisfying these areas and a plethora of other resources for business owners looking to understand the rules and regulations on the local, state, and federal level that impact their businesses.

Learn more about the legal issues that face small businesses today. Click here to download Small Business Legal Guide: Top 10 Legal Requirements from Legal Services Link.