| There are a myriad of things you must | | | | the many ways in which international |
| think about when opening any type of | | | | business law can affect you, your |
| business whether it is a small business | | | | business and your bottom line. At a |
| or a large corporation and one of those | | | | minimum, you need to make sure that you |
| is how business law may affect you. | | | | meet general international business |
| Failure to pay attention to business and | | | | laws, specialized export laws, import |
| corporate law can land you in a world of | | | | laws and any laws of the foreign country |
| trouble-both legal and financial. The | | | | in which your business operates. |
| good news is that you do not necessarily | | | | And what about the business law scene at |
| need to be a graduate of a fancy | | | | home? Were you aware that in addition to |
| business law college or have a business | | | | Federal business law and international |
| law major to brush up on the basic ideas | | | | business law, you are probably required |
| of small business law and corporate | | | | to meet State business law regulations? |
| business law. | | | | Do you know whether you need a business |
| If you've paid attention to the | | | | permit or license? Failure to obtain one |
| headlines lately, you probably know that | | | | can result in the shutdown of your |
| employment law for business is one of | | | | business and hefty fines and penalties. |
| the number one areas where you can get | | | | This is just one of the ways that state |
| into trouble if you aren't up on all the | | | | business law, such as California |
| employment laws and regulations. There | | | | business law, can affect the health of |
| are numerous laws that govern the | | | | your business if you aren't careful to |
| employment of both regular employees and | | | | stay on top of things. |
| contract employees. Just for a broad | | | | Finally, what about Internet and online |
| overview, take a look at all the | | | | business laws? Were you even aware that |
| employment business laws you must meet: | | | | there was such a thing? The Internet has |
| · Civil Rights Act of 1966. | | | | exploded so much in the last decade that |
| · The Equal Pay Act of 1963 | | | | the government has found it necessary to |
| · Americans with Disabilities Act | | | | institute Internet compliance laws. If |
| · The Immigration Reform and Control | | | | you operate a website of any kind and do |
| Act of 1986 | | | | not meet the compliance regulations, |
| · The Age Discrimination in Employment | | | | that site could be shut down and you |
| Act | | | | could face criminal prosecution and |
| · The Equal Employment Opportunity Act | | | | hefty fines. |
| · The Bankruptcy Act | | | | Of course, no one should ever attempt to |
| · The Occupational Safety and Health | | | | navigate the complexities of any type of |
| Act | | | | business law alone and the best course |
| · FMLA, the Family Medical Leave Act | | | | of action is to always seek the |
| · Employee Polygraph Protection Act | | | | qualified professional advice of a |
| Labor Law | | | | business law firm, but hopefully these |
| · FLSA, the Fair Labor Standards Act | | | | tips will help you to understand a |
| And that's not even counting the various | | | | little bit more about business law |
| state employment business laws that | | | | requirements. |
| might apply to your business! If you | | | | Summary: When operating a business, |
| aren't sure of whether you are meeting | | | | regardless of whether it is a small |
| all the regulations, it's a good idea to | | | | business or a large corporation, you |
| get a checkup for your HR department. | | | | need to be on top of business law |
| Do you happen to work in the | | | | compliance. Even if you hire a business |
| international arena? If you have | | | | law firm, it's still a good idea to |
| anything at all to do with international | | | | understand what regulations you must |
| business, then you should be aware of | | | | meet. |