Continuing with your selected business venture, determine the licenses and permits you must obtain for your business to be legal for doing business. Provide the following information for each legislative branch – federal, state, local:License and permit that applies to your business (NOTE: you most likely have more than 1 to consider)Explain why the license and permit applies to your ventureTaxes you need to pay at the federal, state and local levelTypes of insurance you are required to havePrivacy laws regarding any information you collect about your customers that you must satisfy