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For your venture, determine the licenses and permits you must obtain for your business to be legal. Provide the following information for each legislative branch – federal, state, local:

License and permit that applies to you (NOTE: you most likely have more than 1 to consider)
Explain why the license and permit applies to your venture
Taxes you need to pay at the federal, state and local level
Types of insurance you are required to have
Privacy laws regarding any information you collect about your customers that you must satisfy

 

 

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