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Regulatory changes can raise issues and concerns for businesses

On Behalf of | Apr 10, 2017 | Business & Commercial Law

When a person is starting a new business, there are many things it can be important for them to be aware of. This includes what regulations apply to their business, given the industry it is in. A business running afoul of such rules as it is getting off of the ground can impact its relationship with regulatory agencies, delay its ability to get into full operation and hurt its reputation.

Business law attorneys can advise entrepreneurs on what regulations apply to their startup and what compliance steps their startup can take.

Sometimes, changes or clarifications are made to state regulations that apply to a specific industry. Here in Louisiana, this recently occurred in relation to regulations on the brewing industry.

Specifically, a couple of weeks ago, the State Office of Alcohol and Tobacco Control issued a notice announcing some clarifications to these regulations. The clarifications touched on various things, including social media use and food sales by breweries.

Concerns have been raised within the craft beer industry in the state about how recent developments in brewery rules in the state, such as the clarification, will impact breweries. One wonders what will happen with brewery regulations in the state over the next few months.

Potential changes in the rules that apply to them can raise worries for any business, new or old. When changes are in the pipeline for the regulations that apply to the industry their business is in, business owners can take questions they have on what impacts the changes could have on things like their compliance efforts to skilled business lawyers.

Source: myarklamiss.com, “Louisiana craft breweries frustrated with ATC regulations,” Brandon Lawrence, April 6, 2017