A practical guide to determining which legislations apply to your business.
OWING TO THE ever-increasing number of laws, entrepreneurs are faced with mounting red tape and/or regulatory compliance to adopt and apply in their businesses. While these legal requirements create obligations, they also provide certain rights and protection. All businesses, whether small or large, are required to comply with legislation (passed by government), regulations (rules prescribed by regulatory bodies) or industry best practices.
COMPLIANCE LEGISLATIONS THAT GOVERN BUSINESS
Compliance requirements range from the registration of businesses and business names to licensing, workers’ compensation, tax, unemployment compensation, intellectual property protection and industry-specific requirements such as compliance with professional bodies.
WHERE DOES THE COMPLIANCE ONUS LIE?
This story is from the January - February 2017 edition of SA Franchise Warehouse.
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This story is from the January - February 2017 edition of SA Franchise Warehouse.
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