I have just read this article with some concern because there is a suggestion being made that small businesses should not employ anybody for fear of getting fined due to the increased compliance and "red tape" burden being placed on small business.
These kinds of comments worry me because the old saying "If you are not part of the solution then you are part of the problem" rings in my ears every time I read these types of comments.
While it is true that compliance requirements and statutory returns have increased over the years (I have been running my own "micro enterprise" as it is called in this article for over 5 years, so I am very aware of these increases) to hear a suggestion that the way to fix this challenge is to stop employing people is very counter-productive (in my opinion).
If we all took this line, then how would we grow our businesses - by working longer?
Speaking from personal experience, my family don't see enough of me as it is, so to ask them to see less of me to enable me to grow my business is not a solution.
The only way you can grow your business if this is your goal is to employ more staff (be it employees or sub-contractors) and if this means more compliance reporting, then so be it.
Like it or not, these compliance requirements are with us to stay (it is a harsh fact that they will probably increase further), so all small business operators have to think of smarter ways to be able to report on these compliance issues.
Here comes the sale's pitch - this is the exact reason why Total Compliance Integration was created - to ease the burden of compliance reporting!!!
If you have a system in your business where very quickly you can access any record you require to meet your compliance and "red tape" obligations, then this frees up your time to do all the other things you want to do - and this is exactly what Total Compliance Integration can do for you.
Contact us - we can help here.
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