With Administrative rights go to C:\windows\, right click the system32 folder, select properties and clear the 'read only' chech box.
Click apply, then Ok!
By selecting the main System32 folder and making it read/write, Windows resets those folders back to their initial read/write status.
Then go through these steps again to try and initiate the SL service again:
Open a command prompt and run as administrator
Type: net start slsvc
If you do not have access to the Start button:
Click the option 'Access computer with reduced functionality' and a Browser should open, type: %windir%\system32 into the address field.
Find the file cmd.exe
Right Click on the cmd.exe and select Run as Administrator
Type: net start slsvc
You could also create a support request at
http://go.microsoft.com/fwlink/?linkid=52029 for more assistance starting the Software Licensing Service......thats if you like dealing with tech support guys which is sorta like removing wisdom teeth with no anesthetic.
Regards