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Importance of knowing the law as a business owner!
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[QUOTE="Bookwormlux, post: 113859, member: 25193"] Ignorance us said to be a disease and can cause one to lose so much in life. In fact whenever it comes to the issues of life generally, one is at a level of maximum risk in any venture that he or she lacks information in. This is why it is important for individuals to improve themselves to be knowledgeable about things that affect their activities. This is especially important in the business world today. Once a business owner does not have enough information about what the law of the land says regarding certain things that affect his business, he stands a better chance of going against them and this would mean getting the law enforcement agencies going after you. When you know what the law says regarding payment of tax for instance, you would always try to pay them. The law also helps you to know the right institutions that deal with taxes, this way you don't fall for scammers who could leverage on your ignorance to disguise as tax officials. [B]There are so many other benefits of knowing what the law says about different things related to your business. If you can't afford to know them your self, try and have Legalists that would back you up always.[/B] [/QUOTE]
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