Therefore, it’s essential to identify which licenses and permits you need before opening your doors to the public. “Licensing in certain sectors can also be used as a competitive advantage, where licensed businesses can demonstrate proof of licenses at the negotiation table or RFP process.”Įvery county imposes different business license requirements and regulations, and failure to comply can have a litany of consequences, including fines, late fees, penalties and denial of operation. “Becoming licensed allows business owners to provide their customers, employees and other stakeholders with the confidence that the business is well run and its goods and services are trustworthy,” said James Gilmer, manager of strategic partnerships at Harbor Compliance. However, a business license is also advantageous for your small business. Small businesses are legally required by federal, state and local governments to acquire the applicable business licenses before providing goods or services.īusiness licenses benefit counties by allowing them to collect revenue and regulate the companies within them. What is a business license?Ī business license is your company’s legal registration that permits you to operate within your industry and jurisdiction. Since acquiring a business license can take considerable time and resources, it’s crucial to know which ones apply to your business (and how to get them) as soon as possible. Your business location and industry will determine which licenses and permits you need. When you start a new business, there’s a good chance you’ll have to register your company to acquire a business license and other necessary operational permits. This article is for new business owners seeking information on getting a business license. ![]()
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