The legal aspects of starting a business


The legal aspects of starting a business can be more involved than just filling out a form or two, paying your fees, and opening the door. Licenses and permits are sometimes called hidden costs because they originate from local governments in the form of regulations, and not laws. The difference between a regulation and a law is who makes it. A regulation is normally generated from a regulatory commission, such as zoning, planning, or highway, whose members are appointed or hired. However, laws are made and enacted by elected officials.

Suppose you are the owner of a coffee shop. In your opinion, what are the various licenses and fees, such as the sound permit, sign permit, and sidewalk sale permit, that your local area's regulatory agency might assess? Provide a rationale to support your answer.

Support your answers with examples and reasoning. Comment on the postings of at least two peers.

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Business Law and Ethics: The legal aspects of starting a business
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