What are the Legal Aspects Entrepreneurs Should Know?
Understanding the legal aspects of starting and running a business is crucial. Key areas include:
1. Business Structure: Choosing the right legal structure, such as sole proprietorship, partnership, or corporation. 2. Intellectual Property: Protecting intellectual property through patents, trademarks, and copyrights. 3. Regulations and Compliance: Adhering to industry regulations, labor laws, and tax obligations.