Barriers to small business

4:00 PM ET Fri, 11 March 2016

Launching a new business is never easy, but entrepreneurs say some states and cities have created legal obstacles that make starting a small business even more difficult and costly. For example, aspiring tour guides complain Charleston, SC’s 200 question exam has a 50% fail rate and Wisconsin has a ban on “home-baked” goods. But do these regulations and licensing laws help maintain safety and high standards or are they excessive barriers to entry? Reporter Kate Rogers looks at the weird world of small business regulation.