How business location can affect the legal and regulatory environment in which it operates

[Johnson2468]

The location of a business can also affect the legal and regulatory environment in which it operates. For example, some locations may have more stringent labor laws, environmental regulations, or taxes that can increase the cost of doing business.

 

[uptrendfinancialsignal]

Location of a big company in certain area influences the social value and the economic value of that area.

 

[eldavis]

Very true, every location has its laws by which it abides in. For example there are some places that usually lockdown or close their street games once it is 8pm or or 9pm

 

[Niyi Briggs]

Location affects the laws that a business is subjected to. That's because the laws in California is not the same laws Oklahoma.

 

[Shavkat]

Indeed. There are some land properties that cannot build structures right away, especially if they are filled with tall trees and the like. They need to secure necessary requirements for the building permit.

 

[IB D]

Every society has what it wants and the legal goal it wants to achieve and this framework affects every aspect of the existence in such a society including business. And all business must fall in line with these goals.

 

[Stardom22]

l think this reminds me on the point of running business in the rural areas versus running of the same businesses in urban cities. There is a different in the legal formalities and regulatory commands for sure.

 

[nomad]

If your business is directly related to environmental issues, mining for example, you are subject to various national and international environmental laws. Location plays an important role on how you run your business

 

[fcbetting]

Before start business check general rules. If your business is not allowed or to strict, there is no chance for success. Example start gambling busieness in strict muslim countrys looks as very bad business for me.

 

[timewo]

Migrants should be careful when they start a business, increasingly some states are extremely ruthless in cheating, exploiting, robbing migrants to the state, falsely claiming that locals own the business to give locals great powers.

 

[eldavis]

Every society has what it wants and the legal goal it wants to achieve and this framework affects every aspect of the existence in such a society including business. And all business must fall in line with these goals.

Yes and also the level of demand is another factor to consider. There are things that might have high demands in the urban areas but extremely low demand in the rural areas.

 

[Stardom22]

Yes and also the level of demand is another factor to consider. There are things that might have high demands in the urban areas but extremely low demand in the rural areas.

That reminds me of the businesses that are operated in the interior Sides of my country. They are eve exempted to pay for the business license in most of the times.

 

[Springtime]

When you are considering the right location for your business, make sure to check out the rules and restrictions. Here, there are some areas which does not allow business to do manufacturing.

 

[timewo]

Migrant online workers, investors are subjected to criminal defamation, financial fraud, slavery, with officials/leaders refusing to acknowledge the time they spend working, the money they invest and falsely giving locals credit, government salaries.