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It is essential for startups and new companies to know the importance of a new business checklist and why I-9s have to be part of the planning. Opening a new business is cause for celebration, but it can also bring with it an avalanche of responsibilities. While some new businesses tend to focus on the brand, design, and logistics of opening day, these will be moot points if it is closed down due to noncompliance with federal I-9 laws.