Section 6 - Regulatory Issues
Introduction: Any business is affected by regulatory issues.
In this section, we will ask you to identify any:
5. Permit requirements or other regulatory issues affecting your business.
1. Intellectual Property Protection:
Instruction: Will your products, services or processes be protected by patents, copyrights, and trademarks? If so, please describe what is covered. If no, leave this section blank.
Sanchit Shirts will have their garments protected by its Brand name.
2. Regulatory Issues:
Instruction: What other regulatory issues could directly affect your operations? For example, are you in a regulated industry? Will your business require licenses and permits? What steps are you taking to address these issues?
The only licences required to operate a manufacturing firm is a business licence. The garment manufacturing industry is not regulated; But if in the future any regulations are implemented the company will follow the respective regulations.