Sudden success is a strange paradox. It arrives as a reward, but can feel more like a threat. For small business owners, that moment when the phone won’t stop ringing, the inbox fills faster than it empties, and orders outpace inventory isn’t just overwhelming—it’s defining. Growth, while the goal, doesn’t come with a how-to manual, and if handled poorly, it can crack the very foundation that made the business thrive in the first place. Stop Playing Every Instrument in the Orchestra The instinct to do
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