Final answer:
To implement file and folder permissions on a FAT32 formatted hard disk, the first step is to convert the file system to NTFS. Once that is done, you can apply the appropriate permissions to the desired folder.
Step-by-step explanation:
The first step you need to perform to implement file and folder permissions on the design folder is to convert the file system to NTFS. FAT32, the file system currently used, does not support file and folder permissions. By converting to NTFS, you will gain the ability to set permissions for files and folders.
Once you have converted the file system to NTFS, you can then proceed to apply the appropriate permissions to the design folder. This can be done locally on the computer or through network sharing if remote access is required.
Enabling network sharing and installing antivirus software are not directly related to implementing file and folder permissions, so they would not be the first steps you need to perform in this scenario. Updating the operating system may be beneficial for overall system security and stability, but it is not directly necessary for implementing file and folder permissions.