Importing and Exporting goods from the U.S.

Exporting and importing are two strategies for expanding your business. They are the two important components of a foreign trade. Foreign trade is the exchange of goods and services between the two countries, across their international border. Employers should decide if they want to import and export only after reviewing all the important laws and regulations that importing and exporting is paired with.

Heter Isko

Mr Cohen's textile business is in dire need of $100,000 working capital. So Cohen approaches Mr Mamon, a wealthy Jewish businessman. Mr. Mamon is prepared to lend Mr Cohen the money but would like to earn 10% interest on the loan and receive back $110,000. But this is not possible because Mr Cohen and Mr Mamon would be in violation of the prohibition against paying and receiving interest. Does this mean that Mr Cohen’s business must fail? No, it does not.

Licensing and Permits

When planning to start a new business, it is essential to keep in mind the importance of licenses and permits that give you the permission to operate in your area. No doubt, applying for a new license or permit is as fun as visiting a dentist but failing to do so from the beginning is a mistake most new entrepreneurs make. Failure to comply with city and state regulations may result in the closing or suspension of your business

Legal Business Entities

There are many advantages as well as disadvantages of each business structure that will be discussed. After analyzing and understanding the different types of business structures, an employer should go through each business structure to see which one suits their particular business.