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Why do I need a business license?

Why do I need a business license?. What is a business license?. Grants you, as the business owner, the privilege of legally operating a business within a certain city and/or county jurisdiction.

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Why do I need a business license?

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  1. Why do I need a business license? Source: Obtaining a Business License or Permit by Erica Diamond

  2. What is a business license? • Grants you, as the business owner, the privilege of legally operating a business within a certain city and/or county jurisdiction. • Fees are typically low and these kinds of licenses are easy to obtain, though application procedures may vary. Source: Obtaining a Business License or Permit by Erica Diamond

  3. How do I get a business license? • Have your business paperwork in order, including any fictitious name certificates and your Employer Identification Number (EIN). • Contact your city hall and/or county government offices to determine the kind of license you need and obtain necessary application paperwork. • Complete the application and file it, along with a fee, with the appropriate government office. (Most often, this must be done in person). • Be sure to file renewals. Once granted, local business licenses usually must be renewed (and renewal fees paid) annually. Source: Obtaining a Business License or Permit by Erica Diamond

  4. Where do I get an EIN? • Employer Identification Number • Needed if you have employees so that you can pay the appropriate taxes on them. • Also needed if you are a corporation or partnership • Apply at www.irs.gov Source: Obtaining a Business License or Permit by Erica Diamond

  5. What are permits? • They regulate the safety, structure, and appearance of the community as defined by local and/or state laws, typically referred to as "ordinances." Source: Obtaining a Business License or Permit by Erica Diamond

  6. What are the types of permits? • Seller's PermitIf you'll be purchasing wholesale merchandise for resale, your state will probably require you to register for a seller's (sometimes called a reseller's) permit or sales tax permit. • Building PermitIf you plan on remodeling or building a commercial space, check local building codes to find out if you'll need to get a building permit. Source: Obtaining a Business License or Permit by Erica Diamond

  7. What are the types of permits? • Health PermitIf you'll be preparing food as part of your business, you'll also need to get a health permit. • Zoning PermitDon't sign a lease without first checking that the space is properly zoned for the use you have in mind. Source: Obtaining a Business License or Permit by Erica Diamond

  8. What are the types of permits? • Home Occupation PermitIf your business is home-based, many local governments require that you obtain a home occupation permit. Source: Obtaining a Business License or Permit by Erica Diamond www.score.org

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