Generating revenue efficiently and effectively is a vital part of owning and running a business. Many issues must be addressed when running a business – from insurance to process improvements, to taxes and supply chain relationships.
Here are a few business considerations.
- Insurance to protect your business as well as your employees
- Business tax filings and Certified Public Accountants
- Operating efficiently and staying profitable
- Energy costs and how your business can reduce them
- Business continuity and disaster planning. How will the business recover?
- Can a recycling program help your business?
Business Operations Resources
Consider and research the different types of insurance related to running a business: Property & Casualty, Employee Health and Workers’ Compensation, to name a few. The South Carolina Insurance News Service provides insurance related information from around the state and country for business owners.
It is important to develop a good working relationship with your accountant. Your accountant should be familiar with key tax dates and the necessary documentation. For more information, contact a local IRS tax office, the South Carolina Department of Revenue or the South Carolina Business One Stop.
Process Improvement and Operational Efficiency
South Carolina’s Manufacturing Extension Partnership (MEP) and other industry-related organizations are available to help with process improvement and operational efficiency.
There are several in-state resources that provide South Carolina businesses information to help save both energy and money.
Emergency Preparedness and Disaster Recovery
The South Carolina Emergency Management Division leads the state emergency management program to minimize the loss of life and property from all-hazard events. The South Carolina Disaster Recovery Office manages resources available to those indiviudals affected by the October 2015 flood.
Business Recycling Opportunities
Recycling can save your business money in avoided disposal costs; in fact, it may even produce revenue through the sale of recovered material. No matter what type of organization, reducing waste and recycling is beneficial. To find markets for your recycling materials, visit the Green Resource Index; and, to find more information about recycling resources in South Carolina, visit Recycling in SC, the state's recycling website.