What type of legal documents should I keep on file?

Having the necessary legal documents on file is one of the most important things that a small business in Indiana should do. In Indiana, the documents your business should keep on file depend on the type of business you own and the specific activities you’ll be doing. Generally speaking, you should make sure to keep records of things like employee contracts, business licenses, tax returns, and invoices. If you are hiring employees, then you should have an employee handbook and written employment contracts. The handbook should outline things like salary information, vacation days, and rules for employees. The contract should include the employee’s job description, information on the hours they will work, and any benefits they are entitled to. You should also keep your business license on file. Every business in Indiana must obtain a license from the state government before they can legally operate. Your license will show that your business is in good standing and meets all of the state’s requirements. Finally, you should keep copies of all tax returns, invoices, and other financial documents related to your business. It’s important to make sure that you are accurately filing your taxes and that you have all of the necessary records in case of an audit. By having the right legal documents on file, you can make sure your small business in Indiana is in compliance with state laws and regulations. This will help your business run smoothly and avoid any legal problems down the line.

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What type of legal documents should I keep on file?

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