Bikky Khosla | 17 Jul, 2012
If you're a small business owner, beyond doubt you have so many things to keep track of. When will your rent agreement expire? Is it time to renew your shop and establishment agreements? When to renew that factory license? Are you aware of the latest minimum wage revision? When did you last pay property taxes? What about filling tax returns? . . . a never-ending list of compliance requirements, deadlines, and information needs that can get you going nuts.
What I am saying above is my personal experience in typical day-to-day life of a busy entrepreneur who has to take care of his business, and keep himself busy as a bee in handling a lot of daily chores at office, meet so many people frequently, and keep an eye on marketing and cash flow -- in fact, on everything, small or big -- that may impact his business. And in such a labyrinth of activities, I have always found the process of remaining compliant with multiple regulatory requirements a really tough thing.
But we cannot help but doing these things -- they demand attention, and failing to do so may result in huge losses or costly fines. And not just compliance regulations for your business need your attention, it is also important to take care and keep track of thousand of small things: appointments, replying business mails, invitations for dinner, and so on.
This made me think -- is there an easier way? And fortunately I got the solution -- an automated software tool that will keep track of all those things. And when we developed it at Tradeindia, and it turned out to be a wonderful solution, a thought immediately struck my mind -- why shouldn't I share it with our more than 2 million members who may be facing the same challenge? And so here it is -- the Compliance Management tool for SMEs offered exclusively by Tradeindia to all its members -- all for free.
So how can it help? With this application, you can create alerts for various tasks, such as business license renewal, insurance renewal, permits, tax reports, appointments, birthdays, or any time-bound event according to your needs. One or more alerts can be categorized into specific groups, whose names are to be decided by you. Once you do this, you will be reminded of the tasks via SMS and e-mail on the particular dates as decided by you.
Be it small little things in your personal life, or some key compliance regulations for your small business, with our personalized Compliance Management service, we will remind you of every important task as per your needs, help you get organized and be persistent on punctuality, and do things right on time. Give it a try. It's free, and will surely make life a lot easier for you.
click here to know more about Tradeindia's Compliance Management System