3 Things Business Owners Don't Know That Can Hurt Them with Paul Paray
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3 Things Business Owners Don't Know That Can Hurt Them is covered in this video, along with the following subjects:
- What is the Corporate Transparency Act
- How does it impact small business owners?
- Why Small Businesses Must Prioritize Compliance and Cybersecurity
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Many business owners may not be aware of the Corporate Transparency Act and its potential impact on small businesses. This act aims to combat money laundering and terrorism financing by requiring certain small businesses to report their beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN). Small business owners must understand how this legislation affects them to ensure compliance and avoid any penalties. I'll be talking with Paul Paray about 3 Things Business Owners Don't Know That Can Hurt Them.
Paul has a diverse legal and business background that includes, creating resilient security and privacy compliance programs – including one for an auto insurer; successfully prosecuting intellectual property portfolios; successfully litigating federal and state commercial disputes around the country, and helping small and mid-sized business owners navigate numerous risk management issues. To that end, he has been invited to speak at leading conferences to discuss risk management, including RSA, IAPP, RIMS and PLUS, and has been interviewed regarding risk management by the National Law Journal, Business Insurance, CFO Magazine, ComputerWorld, SC Magazine, Security Management, The Financial Post, The Hartford Business Journal, The Newark Star-Ledger, New Jersey Law Journal, and The New York Times. He can be reached via email at paul@licenz.com.
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