Business Structure: Choosing the appropriate legal structure (e.g., sole proprietorship, partnership, LLC, corporation) affects taxation, liability, and operational flexibility.
Licensing and Permits: Acquiring the necessary licenses and permits to operate legally within a specific industry or location.
Employment Law: Understanding employment laws to manage hiring, firing, wages, and working conditions.
Intellectual Property: Protecting inventions, designs, trademarks, and copyrights.
Contract Law: Drafting, negotiating, and enforcing contracts with suppliers, customers, and partners.
Taxation: Complying with tax laws and optimizing tax liabilities through strategic planning.