Thank you for taking time out to read my latest Blog Post.

This blog post forms part of a of a sequence on Starting A Business which I shall be running over the next couple of days.
Please bookmark or feel free to share if you find it useful.

If you missed any of my previous blog posts you can read them at starting-your-business

Starting your own business –

Business Licensing

Let’s start by saying that not everyone who starts a business needs a business license. It really depends on the type of business you are going to run, where you are going to operate it, and a number of other factors. If you need a business license and do not get one, you could be facing some pretty harsh fines depending on where you live.

To find out if you need a business license, you will need to find out what your state and/or local government require. This will depend on a variety of factors, and you may need other types of licenses in addition to a standard business license.

For example, if you have employees, you will more than likely have to register with your states Labour Department. This agency will administer unemployment insurance contributions and handle workers compensation and such. You may even have to buy your workers compensation insurance directly through your state.

Some businesses need special licenses, such as those selling processed food products like restaurants and concession stands. Again, these laws differ in various locations, so you need to check with your state and county to find out what you may need.

Do not get caught out - know your business legislation

The Small Business Association has links to various state websites.

This is a good starting place for your research:

what-state-licenses-and-permits-does-your-business-need

Remember, your local government may have its own requirements, so you will need to be sure you are in compliance with county and/or city rules as well. Wishing you every Success In your business endeavours during 2018 & onward.

As we close this Blog Post, I would like to ask 2 things of you:

1. Write me a comment.

If you found today’s blog post helpful, please take a moment to share on Social media.

2. If you found today’s post helpful, please take a moment to share on Social media.

I always love to hear what people think of my blog and it also fascinates me the reach and depth a blog has within this wonderful platform. If you have questions or need assistance please feel free to contact me. I will be happy to help.

Best regards

Pete


2 Comments

Derek Demitrius · March 22, 2018 at 11:24 am

An important aspect that needs insight in every business. You need to cover the legal aspects of your business especially if you are not a lawyer.

    Six Figure · March 22, 2018 at 4:53 pm

    I see it all the time. A builder can set-up a firm, do some shoddy work, get paid up front

    and leave the person with no home and out of pocket. They then let the company go bust. Six

    months later they are back in business under another name, ready to do it all over again.

    Unfortunately, until regulations catch up these things will happen.

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