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How Compliance helps you focus on your Business? - COMPLIANCE iNBOX by Boston Finance
- Title
- How Compliance helps you focus on your Business? - COMPLIANCE iNBOX by Boston Finance
- Category
- Accounting / Business Directory
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- 0
- Added on
- Jan 11, 2021
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The mere mention of the word ‘COMPLIANCE’ brings to mind a sense of being bound by rules and being forced to do things. That in itself is enough to push people away from this seemingly arduous activity. This is not to say that businesses do not want to comply with rules set out by authorities for their industry. It is just that complying with compliance requirements seems like a burden, takes a lot of time, and especially for promoters, seems like a distraction from the core business.
Because of it being a laborious task, the benefits of compliance tend to be forgotten. It is important to remind oneself of these benefits so that the next time a compliance exercise needs to be undertaken, the benefits help outweigh the difficulty of the task.
Meta Keywords
compliance,regulatory compliance ,compliance audit ,compliance management ,indirect tax,audit,compliance meaning,gdpr,compliance
Meta Description
The mere mention of the word ‘COMPLIANCE’ brings to mind a sense of being bound by rules and being forced to do things.
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