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You need a data protection policy – Here’s the basics

Insperity

The legal liability for data breaches and failure to comply with data privacy laws can incur prohibitive costs, including fines and penalties. A company-provided password management software can help employees with password practices. Collecting employee data Accessing customer databases Protecting proprietary business information.

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HR technology trends for 2017: Curing government compliance concerns

Insperity

The good news is that 2017 promises to offer several HR software products to help small and middle market businesses stay compliant. The latest software improves your ability to address this need, resulting in easier federal and state compliance. When choosing your new HR software, integration is key. Managing the complex.

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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

That’s not even mentioning all the paperwork involved in the onboarding process, such as employee handbooks , contact information, and direct deposit/banking information — just to name a few. Also, you’re legally obligated to retain these records for at least one year by the EEOC.

Payroll 130
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Get Organized with a Business Binder

Jen Lawrence

I was constantly looking up my business banking information. And oh yeah, what is my password for that software? At the core, I just needed a method to store information that I should have physical copies of or need easy access to, which fell into four categories: Legal Finance Administration Clients. Enough was enough.

Banking 100
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Going solo: 3 quick ways to jumpstart your own legal practice

Ruby

You’ll also need to buy computers, printers, phones, a scanner, dictation recorders, legal software, and client relationship management software. Your firm will need a bank checking account and Employer ID number , too. Finding funding Small business loans are an option but require putting up collateral.

Legal 52
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10 Effective Data Theft Prevention Tips to Protect Your Information

Launch Work Places

With stolen data, bad actors can financially ruin companies or individuals by accessing bank accounts or credit cards. There are many other consequences of data theft, too: Legal ramifications: If an organization is found to have mishandled data that led to theft, there can be legal consequences.

Banking 59
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Making Taxes Less Taxing

Success

You’ll see these when inputting expenses into your accounting software or spreadsheet or when reviewing your transactions. It’s so much easier than dumping receipts and bank and credit card statements in a box and manually going through each piece of paper every quarter. You can determine expenses to cut.