As state and local governments continue to make major changes to regulations and increase penalties for noncompliance, small businesses are struggling to revamp their compliance processes while also maintaining day-to-day business operations. Never before have the risks of noncompliance been greater. Now more than ever, small businesses need to take a critical look at their compliance processes to ensure they have a sound system in place to keep track of key dates and important information. If not, it might be time to consider bringing in a third party to help manage the compliance process for them.
Remodeling
Source: Bloomberg Businessweek
