Knowing the essentials of business law is crucial to an owner. In our decades of partnering with businesses of all sizes, we’ve learned that business owners don’t know what they don’t know. What we mean is we find a lot of clients who have no idea about complying with the state and federal laws that apply to their business – and that’s a major risk. Non-compliance not only hurts your employees and company, but the fees associated with not meeting deadlines or following the correct procedures could also put you under. When it comes to HR compliance, here are the essentials of business law for business owners.