Title: Unit 6 Assignment
Course: SLF 129 Legal Risk Management for The Small Business - Updated Sept 28 > Section: SLF 129 Legal Risk Management for The Small Business - Updated Sept 28

Unit 6 Assignment

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Unit 6 Assignment

Almost everyone at one point has thought about starting their own business.  Over a half a million new business start in the U.S. every year.  America ranks as one of the top countries for new startups in the world.  The American spirit is alive and well and picking up as a percentage of total adult population since the 2008 recession. We owe this thriving entrepreneurship spirit to the fact that our country happens to be one of the easiest places to start a business in the world.   We have “red tape”, but we generally have fewer regulations than most other countries.  For this reason, our business start-up climate is very favorable for entrepreneurs.

For this assignment I want you to propose a business that you would like to start.  It can be any type of business, just try to pick something that you might like or you know a little about.  Next I want you to research the federal, state, and local regulations that your particular company will have to follow.  Hint: the readings for this unit are a good place to start!

Write a summary on what your business is and why you chose that particular industry as well as any federal, state, and local regulations that apply.  (worth 20 pts)