What types of regulatory compliance are there?
There are rules at every level of government. Many businesses must follow rules at the local (city/county) level, at the state (Florida) level, and at the federal (national) level. Each level of government is charged with regulating certain areas and in specific ways.
What do cities and counties typically regulate at the local level?
Local governments – the county and/or city where you do business – mostly regulate where you are allowed to operate your business. For example, they have zoning and use restrictions for specific geographic areas. They also may impose local business taxes and require licensing for certain industries.
How do I know if the state of Florida regulates my profession?
The State of Florida usually regulates and requires the licensing of specific professions. It can also promulgate rules for particular business activities. There are different departments of the state that handle these – the Department of Business and Professional Regulation (DBPR), the Department of Agriculture and Consumer Services (DACS), the Department of Health (DOH), and the Florida Department of Revenue (DOR)– are just to name a few. Most of the time information on state regulations is freely available. However, finding your specific answer and then understanding the language of the rules can be quite challenging.
What types of rules do I need to follow on the federal level?
The state government and the federal government (usually) have very clear lines of authority and what they each can regulate is divided according to our Constitution. The federal government regulates interstate commerce (a business that is conducted in more than one state). They also regulate certain areas of business (such as securities, banking, and intellectual property). Most businesses have some sort of federal regulation, whether they realize it or not.
Are there rules that do not come from our government?
Absolutely! These may only apply to some professional service providers, not all. Some professions have industry associations that create rules for that particular profession. In order to maintain our licenses in good standing, we need to follow these association rules. Even if your profession does not require a “license” or have a formal association, you may belong to industry groups that require its members to follow certain rules.