It is important to know what laws may affect you when it comes to opening and managing an eBusiness of your own. Taking the time at the beginning to research the most common laws will put you one step closer to Internet retail success and will give you working knowledge of how to possibly deal with legal issues that may arise as a result of conducting business online.
You should have a basic understanding of Internet trademark and copyright laws, tax collection and liability policies and possibly even import or export restrictions (in the event you product-source or sell to overseas markets). In addition, you may wish to research local state, county or city laws that may affect running your eBusiness. Some states and cities require additional licenses depending on the products you sell and the market you target.