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Indiana University Bloomington


Entrepreneur Resources

Legal Considerations

There are numerous rules and regulations that need to be addressed before you start your business. You will have to deal with everything from registering your business and obtaining a license to keeping detailed business records. Specific sets of regulations you should be aware of before you start include:
  • Tax
  • Location
  • Industry Specific
  • Registration

There are also various legal structures to consider when starting your business. These include:

  • Sole Proprietorship
  • Partnership
  • Corporation
  • Limited Liability Company

Before you decide on how you want to set up your business, you should conduct research on the topic or talk to professionals to find out what would work best in your situation. Self-Help Law Center - Legal information about all aspects of start-ups and small business development.