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The correct answer is the following.
There are many regulations that impact a new business. The government is strict to approve the operation of a new business because it tries to protect the consumer and the owner. Among the government regulations, you need to pass, are state Licensing. This is important to have the authorization to operate the business. Another regulation is the business taxes you have to pay. So be informed before opening the business. If your business is about food preparation, expect Health Department inspections. Finally, you have to check on the Department of Labor website for "Employment and labor laws."
The government decisions that can impact your business includes:
- Safety and health practices
- Environmental practices.
Government decisions have a huge role to play in businesses. Before any business can be set up or allowed to continue operations, it has to be able to pass certain government standards.
Government decisions affect how businesses treat their employees, where they locate their businesses and also how the business is structured.
The business has to make plans that would help it adhere to the safety standards in the country.
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