Presentation on theme: "Legal Aspects of Starting a Business Business Management."— Presentation transcript:
Legal Aspects of Starting a Business Business Management
Today’s Objectives Objectives Essential Questions Identify current laws and regulations affecting the establishment and operation of businesses. Analyze business plan development. What documents do I need to complete to go into business in Loudoun County? Can I identify the purpose of each element of a business plan?
Business Licenses & Permits State and local governments use licensing as a way to limit and control those who plan to enter certain types of businesses. Business owners must file an application to obtain a business license.
Professional Licensing Employees at service businesses may be required to hold a professional license. Examples include: ◦ Real Estate ◦ Body Art ◦ Home Inspection ◦ Health Professions
Inspections Businesses are also regulated by regular inspections by government officials. Inspections ensure that the company is operated according to the law. Violators may lose their business license.
Building Codes & Zoning Building codes control the physical features of structures. ◦ Maximum height ◦ Minimum square footage ◦ Types of materials Zoning regulations specify which land areas may be used for home and which may be used for businesses.
OSHA Regulations The Occupational Safety & Health Administration is a federal agency that enforces safety and health regulations. OSHA ensures safe and healthful working conditions.
Statutes of ADA The Americans with Disabilities Act prohibits discrimination against people with disabilities. Business owners may be required to provide reasonable accommodations for employees and customers.
Starting a Business in Loudoun County Steps to Starting a New Business http://www.loudoun.gov/index.aspx?nid =1583
Business Project Decide on a business and a product. ◦ Exchange contact information with all business partners. Complete business license. Begin writing your business plan ◦ Management Team Plan ◦ Company Description ◦ Product/Service Plan ◦ Vision and Mission Statements ◦ Industry Overview