Why Do You Need a Business License?

When you have decided to start up a new business, you should not ignore the need to get a license and permit. To operate your business legally in the United States you need to have a proper business license. You also need to register with the taxing authorities if you are selling goods and services. The license requirements also vary by the industry and place.

Who Issues a Business License?

All the business licenses, permits for any business are issued and administered by the government at all levels including the county and municipal governments. There are many agencies and authorities involved in license processing.

Why is a Business License Required?

There are three significant reasons for you to take the license for your business.

• To identify and make you accountable for all the actions made in the business.
• Track all your financial activities for taxation
• To take care of the public safety and health

What happens if a Proper License is not Obtained?

Not taking the required license can leave your business unprotected legally. There can be damages in the business that you cannot claim legitimately. You can also be heavily penalized for not taking the proper license. Governments are also looking to increase their revenue, which can also lead to increased vigilance on business license evaders.

The Pitfalls of not properly licensed include:

• You cannot open a new location.
• Your current location might also be padlocked
• There is a chance that you are hit with heavy penalties and interests.

What are the Standard Licenses, Permits, and Tax Registrations for a Business?

Based on the type of business, below are the regular licenses and permits:

• Business License
• Permit to occupy the house for business purpose
• Building permit
• License from the Health Departments
• Sales tax
• Permission from the Fire and Police Departments
• Withholding the Tax Registration

What Business License do I Need?

This is a question where every new business owner gets on to their mind. You might research your requirements and take the help of local authorities to know about the exact document requirements. There is a most chance that you may not get all the required information at a single place or office. It requires you to walk into different departments to obtain all your business documents.

Bizlic for the Rescue

Bizlic or Corp-N-Biz Recorders is a dedicated company that assisted thousands of businesses in different industries and states in obtaining their required license.

Conclusion

If you are a young startup team or a new store owner or an emerging entrepreneur looking for business license services in Los Angeles and California areas, Get in touch with the Bizlic team to get started with your business. We also provide licensing services (DBAs, EINs, LLCs, Corporation, Resale Permits, etc.,) to open, close and maintain a business. Contact or Call us today at 1.818.243.1987 to discuss more details!