Common Frequently Asked Questions
regarding Entrepreneurship.
5. What legal aspects do I need to consider?

Licenses required, zoning laws, and other regulations vary from business to business and from state to state. Your local Small Business Administration (SBA) office and/or chamber of commerce will provide you with general information, but you will need to consult your attorney for advice specific to your enterprise and area. You also must decide about your form of organization (corporation, partnership or sole proprietorship) or tax status (e.g., should you opt for a Subchapter S status?).

For more information please see learning module 10.  Take me there click here.