Startup Survival 101: Risk Management Strategies Every Founder Should Know
Running a business today means juggling uncertainty, from economic swings to cybersecurity threats and supply shocks. The founders who thrive are not the ones who avoid risk, but the ones who engineer resilience through structure, foresight, and agility. TL;DR Smart founders treat risk management as a daily operating system, not a compliance checklist.This guide covers: How to identify, categorize, and mitigate the five major types of business risk. What frameworks modern founders use to stay
Worcester, MA Small Business Owners: How to Move Forward on the CTA, BOI and FinCEN Changes
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. However, filing your Beneficial Ownership Information (BOI) report will help you avoid fines
