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Starting Up a Small Business - Small Business Regulations | Up and to the Right | Episode 056
Manage episode 279850626 series 2712583
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Full Show Notes: https://b50p.info/uattr056
You've come up with a great business idea. You've started your business and things are going great when out of the blue a great potential customer asks: "What's your export control code?"
Don't know? You're not alone and export control is just one of the seemingly endless regulations that may (or may not) apply to your small business.
Let’s get… regulated!
In short, small businesses are regulated by largely the same laws that regulate larger organizations. The only difference is that there may (or may not) be provisions in those laws that allow small businesses to bear a lighter burden in some ways. While there may be some provision for small business in the regulatory environment, it is equally true that small businesses are still required to adhere to regulations that cross a wide variety of areas which we'll cover.
I want to dispel the myth that forgiveness rather than permission is a risk that small business owners should avoid. It is better to ask for implementation than forgiveness... every time.
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