No company can afford to keep a staff big enough to handle the peak periods on the payroll year round. Avoid delaying openings and transactions with compliance snafus. Avoiding delays is a mission-critical company priority and should be treated as such, giving each compliance project the time, attention, and budget it needs. By getting an educated estimate of the time and expertise needed to handle a given compliance project, you can maximize sales figures, protect customer good will, and insure timely completion of transactions. Try to minimize rush compliance work.
Urgent work is more expensive and more subject to errors than routine work.
Pushing through an approval at the last minute always takes more staff time, often demands authorizing overtime or calling in temporary help, and may require the hiring of outside experts at rush prices. Protect mission-critical company work from being displaced by urgent compliance work. This jeopardizes other company functions but tends to perpetuate itself by hiding the real cost of the compliance effort. De-centralize authority for the decision to outsource. Long internal approval cycles in companies often turn routine compliance projects into rush projects.