Federal, State, and Local Laws

Federal, state, and local laws must be adhered to when developing or managing a business.

In this discussion, you will review federal and state laws as well as examine your local laws in relation to the simulations ofTim's Coffee ShoppeandExavier Candy Company.

To begin, go to theU.S. Small Business Administration websiteand hover over the "Business Guide", under "Manage your business", and select "staying legally compliant" where federal laws and regulations can be accessed for reference purposes. Make sure you research your state and local laws that apply (Search: "State ofyour state here" on the Internet).

• Identify one federal, state, and local law each for Tim's Coffee Shoppe and Exavier Candy Company (a total of six laws) that would apply to those businesses if they were located in your area. Choose laws you have not previously described. State why each law applies based on the difference in the size and type of each business.
• Describe the impact of these laws on each of these companies.