Hidden Costs New Entrepreneurs Can’t Afford to Ignore
Starting a business always seems straightforward at first: product, audience, price, hustle. But as the planning stage gives way to execution, new entrepreneurs quickly find themselves blindsided by costs they didn’t pencil into the spreadsheet. The difference between a company that grows and one that limps often lies in how it prepares for what isn’t obvious. These expenses hide in plain sight, masked by enthusiasm or simply drowned out by the bigger-ticket items everyone expects—inventory, marketing,
The CTA, BOI and FinCEN: What Does this Mean for Paso Robles and Templeton, CA Businesses?
The Corporate Transparency Act may require certain U.S. companies to disclose beneficial ownership information to FinCEN to combat financial crimes. While a Texas federal district court’s preliminary injunction puts this requirement on hold, many experts expect that to be overturned. In that event, failure to file could lead to fines of $500 per day, up to a maximum of $10,000, and possible criminal penalties. Read more for details on how this may impact your business in the future. 1. Determine if
