How to Tackle Compliance Standards as a Small Business Owner

small business owner

In a world of constantly revolving industry standards and government regulations, owning a business can be intimidating. As a small business owner, you already have enough on your plate as it is. 

From monitoring customer satisfaction to employee engagement to ensuring your services or products are up-to-date, the list of responsibilities can be overwhelming and important aspects like compliance often slip through the cracks. 

But with the right managed service provider and the right advice, adhering to compliance standards doesn’t have to be overwhelming.

Why Can Meeting Compliance Standards Be Overwhelming?

For small-to-medium businesses, trying to find the time and resources to devote to becoming compliant is often the straw that breaks the camel’s back. When approaching compliance standards on your own, it’s extremely easy to be overwhelmed, lost, or confused. 

Let’s take a look at a few of the reasons why compliance standards can be hard to achieve for smaller businesses:

  • Hefty fines as a consequence of non-compliance: Any time we’re talking about fines and litigation, especially when it comes to something as serious as compliance standards, the stakes are high. Fines for non-compliance can be incredibly steep and may even end up forcing you to shut down your business.
  • Compliance regulations change frequently: The rules that dictate who needs to comply with what (and how they need to do it) change frequently and can be hard to keep up with.
  • Time constraints: Small business owners have limited resources and a lot of responsibilities, often making it difficult to find enough time to dedicate to becoming compliant.

How Can an MSP Help You Become Compliant?

We all need a little help sometimes. As a small business owner, you no longer need to choose between help with tech and help with compliance. When you partner with the right managed service provider, you can find a one-stop-shop for both. 

MSPs are equipped to provide expert advice on how to meet federal, state, and industry-specific regulations like HIPAA, PCI DSS, NIST, and more. An exceptional MSP will also be able to guide you through implementing the necessary processes or tools needed to help your business become compliant. 

Here are just a few of the specific ways an MSP can help you navigate the tricky road to compliance:

  • They take the stress off your back: A qualified MSP can help you create a streamlined system that adheres to all applicable regulations. This helps ease the burden on you and your team so you can focus more on running your business.
  • They stay up to date: Good MSPs are constantly monitoring new rules and regulations, ensuring that whatever changes happen in compliance standards won’t fly under the radar.
  • They provide personal support: The best managed service providers will work with you one-on-one to understand what it is your business needs in order to achieve compliant status. This way, they can come up with practical solutions tailored specifically for your unique situation.

Fresh Managed IT: Your Partner in Compliance 

At the end of the day, compliance doesn’t have to be hard or intimidating—especially when you have the right managed service provider on your side. Fresh Managed IT is here to make sure that all of your compliance needs are taken care of, so you can focus on growing your business and achieving success. 

Set up a meeting with us today for a consultation and one-on-one support with ensuring your business follows compliance standards!