June 2020 Newsletter

Aug 13th, 2020

June 2020 Newsletter

Government Regulations Your Business Needs to Know

This year has definitely been a whirlwind of emotions. Our communities and businesses
have needed to reassess and restructure in order to stay afloat. While it may not be top-of-mind, we want to ensure our investors have the most up-to-date information regarding government regulations for conducting business. We also want you to be mindful of the new tax deadline (July 15, 2020) and business license renewal for Horry County (June 30, 2020).

The government regulates the activities of businesses in five core areas: advertising, labor, environmental impact, privacy, and health and safety. Unfortunately, the government is not obligated by law to notify you about regulation violations. It’s the responsibility of you, as the business owner, to proactively learn about these regulations, and ensure the business is not violating them.