Legal and licensing requirements

Understanding Legal Requirements

Grasp the concept of Employment Law to ensure fair treatment of employees and to prevent any legal disputes or fines.
Be aware of Health and Safety Regulations which are in place for the protection of both the blacksmith and customers. These govern working conditions and the use of equipment.
Remember the Equality Act 2010, ensuring nondiscrimination in delivering services and in employing staff. Familiarise yourself with the nine protected characteristics under this law.

Licensing and Permissions

Understand the importance of getting a Planning Permission if you are intending to build or significantly alter your existing blacksmithing workshop.
Acknowledge the need for a Business Licence which gives you the legal right to operate your blacksmithing business within a certain geographical area.
Realise the significance of Environmental Permissions (Permits) necessary when dealing with waste substances which are a result of the blacksmithing process.

Regulations in Selling Goods

Remember the Consumer Rights Act 2015, which entitles customers to a full refund on faulty goods within 30 days.
Understand the importance of meeting HMRC Standards regarding keeping precise records of all business trades and transactions for taxation purposes.
Be aware of the Weights and Measures Act which stipulates that goods sold by weight or size must be accurately and clearly marked.

Insurance and Assurance

Recognise the importance of Public Liability Insurance, which can cover compensation payments and legal costs if a member of the public sues your business.
Comprehend the significance of Product Liability Insurance, which provides cover if a product you manufacture, sell or repair causes harm to a customer or their property.
Know the advantages of Professional Indemnity Insurance, which is useful if you offer advice or professional services to clients. It can cover you in case of claims for loss or damage due to negligent advice or services.

Remember, the legal landscape of operating a blacksmithing business can be complex and failure to comply can result in significant fines, or even closure. This makes understanding and adhering to these legal requirements crucial to the success and longevity of your business.