Do I Need a Business License?
Have you started a business, or have a great idea for one, and want to know how to make it legit? Between registering with the state, business licenses, resellers permits, etc…things can get confusing. But here’s 3 steps to follow to ensure proper business set up and compliance:
Step 1: Register the Business with the State
Before you can do anything else, you’ve got to create a legal business entity in the state. How? By registering your business as either a corporation, LLC (Limited Liability Company), partnership, or DBA/Sole Proprietorship. Think of it this way: by registering your business with the state, you’ve now created a legal foundation for your business and can move on to the next steps of determining if you even need a business license or permit to operate the business!
TIP: By incorporating or forming an LLC, you can separate your personal finances from the business; this helps shield your own personal assets and property.
Step 2: Research any Necessary Licenses and Permits & Apply
After you’ve registered your business with the state, you need to research and determine if your particular business needs to apply for any permits/licenses you might need to operate the business in the state.
A business license or a permit gives the business owner a ticket, or right, to operate your business. The type of permits you need will vary based on where you’re located and what type of business you’re starting. Obviously, a restaurant or tattoo parlor is going to need more permits than a copywriter.
TIP: The best way to make sure you have all your bases covered, is to purchase CorpNet’s Business License Research Package that provides you with a customized license research based on all the activities performed within each state by the business, answering the following questions:
1) The Licenses required at the state level?
2) The Licenses required at the county level?
3) The Licenses/registrations required at the municipal level?
4) The process and the costs associated with obtaining any
Once you know what you are required to file, CorpNet can prepare and file all the necessary applications for any licenses or permits on your behalf for a minimal fee.
Did you know? CorpNet can research and tell you which licenses, permits, and tax registrations you need for your type and place of business, and provide the actual applications.