<ul><li>Understanding the basics of business law is crucial for entrepreneurs and small business owners.</li><li>Areas of business law that entrepreneurs should be familiar with include forming a business, contracts, intellectual property, employment law, taxes, insurance, and privacy & data security.</li><li>Forming a business requires choosing and legally registering an appropriate business structure.</li><li>Business owners should also be aware of employment laws, tax obligations, and the importance of having appropriate insurance policies and complying with privacy laws.</li></ul>

Business Law Basics for Entrepreneurs & Small Business Owners

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