Monday, April 18, 2005

Due Diligence for Small Business

Nice article from the Delaware Business Blog: Keep your Small Business Healthy by Improving Due Diligence.

Small businesses need to pay attention to all of the potential legal pitfalls that may face their businesses. The devil is in the details, and the details can be many. Especially make sure that you keep careful track of compliance with all of the small things that come up on a regular basis, such as quarterly estimated taxes, having a business license, etc.

If possible, define processes ahead of time to make these things easy to do. Talk to an accountant whom can help you plan ahead to make what could be chaotic into a matter of just following some simple steps and guidelines.

It's good to see the launch of the Delaware Business Blog. Welcome to the world of Business Blogging, Russell.

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