What legal requirements should I know before starting my business?
Before starting a business, you should be aware of licensing, permits, tax obligations, and employment laws.
Can you explain what types of licenses I might need?
The types of licenses depend on your business type and location. Common ones include a business license, health permits, and professional licenses.
What about tax obligations?
You'll need to register for an Employer Identification Number (EIN) and understand your state and federal tax responsibilities.
Are there any specific employment laws I should be aware of?
Yes, familiarize yourself with minimum wage laws, workplace safety regulations, and anti-discrimination laws.
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