Here’s something that cannot be denied about the world of business: ethics and compliance in the workplace must be prioritized in your business. There’s no point in groaning or rolling your eyes! No matter how unethical or immoral you may think modern businesses are, the successful ones, by and large, do put a big focus on keeping compliant with the general aspects of business law.
As a business owner, it is your job to make sure that your company is doing its best to keep compliant! Thankfully, there are actually a bunch of technological solutions that can make this process much more manageable. This is precisely the sort of thing a new business needs.
Keeping compliant with business law is something that seems to get more and more complex every day. Trying to keep up with everything can often exhaust smaller businesses. That’s why so many of them seek independent help. But with the right technology, you should be able to keep yourself in the clear with relative ease.
Let’s take a look at some common areas of business law compliance problems, as well as the technological solutions that could be of major use to you.
Your state and the abundance of differing laws
Hey, maybe you’re fortunate enough to live in a country without a strange patchwork of laws. England, for example, is one state with a comfortable blanket of business laws. It’s much easier to follow things this way. But if you’re in the United States? Then you’re in a country of fifty states, all with unique laws.
Whatever state you’re doing business in, there are going to be slightly different laws than what you’d find in another. A common problem in business compliance among startups is that they may be following business law as it stands in one state, but may be missing out on crucial elements that apply to the state they’re actually in!
Thankfully, you’ve now got what is now seen as a pretty basic for of technology that can help you out greatly in this area: the World Wide Web! You’ve got access to such a huge heap of information that finding out the specific business laws of the state in which you’re doing business isn’t the hassle that it once was. Simply visit the website of your municipal or state councils and you should be able to get the employment law advice that you need.
Easing stress in the workplace
Stress in the workplace is an incredibly widespread problem. It’s also a lot more of a serious problem than most people seem to think. The fact is that a lot of employees these days are getting overworked. And with the costs of living going up at rates that aren’t matched by the rates at which wages are increasing, who can blame the modern worker for being the most stressed worker in modern history?
Thankfully, technology is here to help you out in this area, too. There are a couple of angles you should consider taking here. The first is assisting with an employee’s work-life balance. An imbalance in this area is one of the most common causes of stress in an employee’s life. You can improve this balance by allowing workers to work from home more often. This, of course, is easier than ever with more portable technology and cloud-based collaboration services.
You can also ensure that employees are actually taking the annual leave they’re entitled to, because a surprising amount of workers actually forget to do this. To some extent, employers and people working in the HR department, if you have one, should be responsible for ensuring that this is done properly. But how do you keep better track of this sort of information? Thankfully, there’s a bunch of HR management software out there that can help you do just this.
Tax law violations
One of the most common problems that new businesses face is the violation of tax law. Many business owners will rightfully shudder at reading those words. Making mistakes in this area is no trivial matter. It can literally mean the death of your business. That might sound a little alarmist. But hey, the IRS aren’t exactly known for their kindness towards tax dodgers, right?
You need to make sure your business is compliant with tax laws. Thankfully, technology has your back here, too. Tax compliance assistance software can help keep your business on the IRS’s good side. And that’s definitely a side you want to be on. People thinking of tax software often confuse it with accounting software, but they’re really two very different and almost equally essential things.