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Starting a Small Business in O'Fallon: Your Employer Responsibilities

"O'Fallon Patch" rounds up tips and resources on a small business owner's responsibilities as an employer.

 

Welcome back to our series on how to start a small business in O’Fallon.

This week, we're offering tips and resources for understanding your responsibilities as an employer. Experts, Richard Shoaf and Chris Coleman, are back with more tips for potential small business owners.

Advice from the Experts

“As an employer, you have responsibilities to yourself, your employees, and their families,” Coleman said. “There is a reason why few ever take on the role of employer—because there are so many responsibilities.”

He said that among the most important responsibilities an employer has is taking good care of employees.

“This includes everything from compensation, addressing concerns, and respecting they have a life outside your business,” he said. “Other responsibilities would include making sure that all documentation is adequately taken care of in accordance with local, state, and federal laws.”

Coleman said it’s especially important to ensure that the required documents are organized and accessible.

“Another responsibility that covers many areas would be that you are the decision maker,” he added. “You have a responsibility to be decisive in the areas of management, sales strategies, market research and so on.”

 Shoaf said it’s important to surround yourself with great people and to treat them like they’re important.

“They are an extension of your business, a direct reflection of your company and your brand,” he said. “Treat your team as they are your most valued part of your business.”

Important Resources for Employers

In Case You Missed It

In case you’ve missed previous editions of our small business series, we have shared ideas for choosing a business concept, including the development of unique business ideas and tips and suggestions for franchise opportunities.

We’ve also discussed how to write business plans, given tips and ideas on ways to find free and low-cost business training opportunities and offered expert advice on ownership options and legal structures for small businesses. We offered information and resources on how to find a business location in O'Fallon and covered the licenses and permits you’ll need to do business in town. Last week, we discussed small business taxes and offered related resources.

About the Experts

St. Charles County entrepreneur and business consultant Richard Shoaf owns several locally-based businesses, including Compass Consultants and STCI.

Chris Coleman owns St. Louis-based FranNet, a company that helps would-be business owners choose and develop franchise businesses. FranNet's clients include several O’Fallon area business owners, Coleman said.

Have you always dreamed of starting your own business? Subscribe to our daily newsletter so you won’t miss a single part of this ongoing series! Next week, we’ll offer tips and resources for handling your taxes as a small business owner.

Do you own your own business in O’Fallon? We want to share your story with the community! Contact Patch reporter Angela Atkinson at angela.atkinson@patch.com to arrange for an interview.

About this column: Would you like to see your business featured in this column? Email Patch reporter and social media miner, Angela Atkinson at angela.atkinson@patch.com to arrange for an interview. Related Topics: Employers, How to start a small business in O'Fallon, Laws, O'fallon, Small Business Ownership, and employees

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