1. Legal Aspects of Starting a Business
Business Management

2. Today’s Objectives
Identify current laws and regulations affecting the establishment and operation of businesses.
Analyze business plan development.

3. 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.

4. Professional Licensing
Employees at service businesses may be required to hold a professional license.
Examples include:
Real Estate
Body Art
Home Inspection
Health Professions

5. 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.

6. 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.

7. OSHA Regulations
The Occupational Safety & Health Administratio n is a federal agency that enforces safety and health regulations.
OSHA ensures safe and healthful working conditions.

8. 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.

9. Spartan Plaza Project

10. Group 1
Group 2
Group 3
Group 4
Group 5
Group 6
Group 7
Group 8

11. Spartan Plaza … Things to Do Today
(1) Meet with your partners!
Exchange contact information with all business partners.
Discuss each partner’s leadership style and the strengths that he/she brings to the business. What might their management responsibilities be?
(2) Decide on a business!
What is the business that you will introduce to Ashburn?
What is your primary product?
Who is your target market?
What is unique about this product in Ashburn?
Where will your business be located?
(3) Develop your mission statement & vision statement.
Mission – short, specific (what is our purpose / why do we exist)
Vision – more broad, long-term (where are we going in the next 10 years)
(4) Complete a business license – due by the end of class next time.