How would regulations and laws for small businessess can affect preparation for business?

I'm thinking about opening a business but would like some advice please!.Fristly i need to choose a business which would be realistic to strat up and run yourself or with my partner.





Here are some examples of business i could chose.





1.Sandwich shop,Florist,Internet Cafe,Car modification(my husband want to open)Music shop,Restaurant.





What would apply to the business which law will apply to the business if i chose one of them.





Health and safety laws


Sex discrimination act


Race discrimination act


Equal pay act


Age discrimination act


Trade description act


Sales of good act





What should my business do in order to ensure i don'nt break any of these laws,explaing in detail howi would ensure this.








Please need as much help as possible looking to buy a business in the next couple of weeks thanks.

How would regulations and laws for small businessess can affect preparation for business?
There are many facets to your question. First find a business that you have a real interest in, one that you feel you could do for quite awhile without getting bored. Second, check out the various types of businesses to see what kind of success rate they have had, how much money they make, what the future is for that that type of business, etc.. This can be done via the internet as well as talking to business owners by phone or in person, but go to other towns so they are more likely to answer you honestly.





check with the Small Business Admin. website, there are many websites that discuss various franchises and the successes or failures they have in general.





Then, look at the various laws and regulations that may effect you and your business. The more employees you have, the more of a concern. If you have a food services business, there are more regulations to deal with, concerning the employees as well as the food itself and cleanliness of your business. A restaurant or sandwich shop must be really clean. A florist or internet shop not as much. Most sandwich shops are run by families where the family all pitches in because the labor cost is so high based on your profit margin.





Hope this helps. There are many resources on the internet. Good luck.
Reply:Most of the laws you cite are related to employment - pay and treat people fairly and you won't fall foul of them.





Same can be said for consumer protection legislation; provide good customer service and it's unlikely you'll end up in trouble but having at least an outline understanding of your legal obligations is helpful.





A good place to start is your local Business Link. They're funded by the Department for Business, Enterprise and Regulatory Reform (what used to be the DTI) so most of their help is free. They'll be able to advise on laws applicable to the type of business you're considering and direct you to suitable resources.





Their website also has a wealth of information for SMEs:-





http://www.businesslink.gov.uk





The Office of Fair Trading oversees most consumer law so their website might also be of use:-





http://www.oft.gov.uk/





If you're buying an existing business you'll need to engage a solicitor anyway so you might also have them advise on the "legal health", risks and exposure of the business you're buying.





Best of luck with your venture.

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