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5. Post All Required Notices

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Make sure to check your state or provincial and local business regulations for any notice you are required to post or display. According to US Federal law there are a handful of Federal notices that you are required to display. For instance, if you have employees, there are federal forms that must be posted such as the “Federal Minimum Wage Notice.” Failure to post the required messages could result in financial penalties and other legal consequences. Similarly, states and provinces often obligate businesses to post certain notices, and the required documentation depends where your business is located. Take some time to research what notifications are required in your area.

Aside from these notices, you may find that there are licenses that you have to obtain. In some cases, these licenses are also supposed to be posted prominently. Since these may vary based on your type of business, you should check the federal, state or provincial, and local offices that regulate your business. Also, make sure to include any notices that may be valuable disclaimers. For instance, if you run a food-service establishment that offers raw (e.g., sushi) or undercooked food on the menu (e.g., medium-rare steaks), you may need to include a menu disclaimer that describes the risks of eating undercooked food.

19 Ways to Survive in a Tough Economy

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