It is not easy being an entrepreneur or a small business owner for many reasons. There are countless governmental, financial and legal barriers that are not just intimidating to people looking to start a business, but they can quickly cripple or even destroy a small business if not handled promptly or properly.
Everyone has heard people say that running a small business is not easy. It takes hard work that must be sustained over long hours and days with many personal and family sacrifices being made. More difficult than this, however, is starting your own business from ground zero.
When you get to the point when you feel your business is doing well and you have a growing client based, it may seem as though the days of hard work getting the business off the ground may be over, but you cannot put the business on auto-pilot yet. Now you have a whole bunch of new decisions to make and an entirely different set of problem that were not on your radar before. Like what you ask?
It might surprise you to know that the majority of problems small business owners have with employees, vendors, contractors and customers is not because of complicated laws or legal issues, but because they do not keep written records.