Simply Business Advent Calendar Tip 5 - Understand the law

Christmas is nearly upon us. In honour of the festive season we have put together our very own Simply Business advent calendar. Each day we will be offering a new business tip - so keep checking back!

Tip 5 - Understand the law

The range of legal requirements facing business owners can be dizzying. But it is vital that you understand your legislative obligations, and that you know how to fulfil them.

On the other hand, though, you do not want to be doing more than you are required to. By properly understanding the rules that affect your business you can make sure that you do enough to stay on the right side of the law, but not so much that you are spending valuable time and money unnecessarily.