The three-step analysis for licensing is as follows:
1. Determine whether a license is required: The first step in the licensing analysis is to determine whether a license is required to engage in the activity in question. This involves researching the relevant laws and regulations to determine whether a license is necessary.
2. Determine the requirements for obtaining a license: If a license is required, the next step is to determine the requirements for obtaining the license. This may involve meeting certain educational or experience requirements, passing an exam, or submitting an application and paying a fee.
3. Determine the consequences of operating without a license: The final step in the licensing analysis is to determine the consequences of operating without a license. This may include fines, penalties, or even criminal charges. It is important to understand the risks of operating without a license before engaging in any activity that requires one.