A business owner needs to be aware of legal requirements, financial
resources, record-keeping requirements, ways to market the
business, communication skills, human resource laws, as well as
issues that may arise on a day-to-day basis. Knowing and following
the laws will keep you out of legal trouble. Knowledge and skills
needed to run your business on a day-to-day basis will increase the
odds of your success. Rule of Thumb: A Guide to Small Business
Basics will assist you in gaining a basic understanding of what it
takes to operate a small business.
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