Business Law and Regulations
Comply with Many Business Laws and Regulations
As a small business owner, you must comply with business laws and regulations from the day you open for business. Business law governs everything from how a business can be organized and how a business can be taxed, to what a business can do regarding advertising, pricing and intellectual property. Business laws also help to provide options for business owners who wish to protect themselves from liability and protections for consumers from monopolies, price fixing and other unfair business practices.
Further down the line, businesses may hire employees, merge with other companies, or make their business a publicly-traded entity, among many other measures. It is important for business owners to understand the laws and regulations surrounding their business type, whether it be a corporation, franchise, small business, or partnership, there are often a great number of legal matters to consider.
The SBDC is prohibited from offering legal advice. For any clarification on selecting your business entity and tax implications, please consult your attorney and accountant.
1. Choose Your Business Entity
2. Learn About Licenses and Permits
3. Access Other Legal Resources