Business Structure: Determine the most suitable legal structure (e.g., sole proprietorship, partnership, LLC, corporation) for the business.
Licenses and Permits: Identify necessary licenses and permits required to operate legally in specific industries and locations.
Employment Law: Understand regulations related to hiring, employee rights, workplace safety, and termination procedures.
Tax Obligations: Research federal, state, and local tax requirements to ensure proper tax compliance and planning.
Intellectual Property: Learn about the processes for securing and enforcing patents, trademarks, and copyrights.
Contracts: Familiarize with contract law to draft, review, and enforce contracts effectively.
Consumer Protection Laws: Ensure compliance with laws designed to protect customers from unfair business practices.