SETTING YOUR BUSINESS ON THE PATH TO SUCCESS
Moving a small business from the initial planning stage to the opening stage involves a checklist of items to be completed before hanging the open sign in the window, so to speak. Licensing is one of the key pieces to a successful business launch that should not be overlooked. Businesses lacking the correct licensing to operate, can face serious legal and financial implications.
Speaking to a small business lawyer can help you determine which licenses you need to operate your business, and ensure that you are ready to open your doors as planned.
WHAT KIND OF LICENSE DO I NEED TO OPEN FOR BUSINESS?
The type of business you operate determines the licenses you need to be compliant with the law. You may need to comply with federal, state, and local licensing laws.
Here are a few of the most common licenses that are required:
Operating license: applications are approved by designated boards who regulate specific business types.
Seller license: when selling or leasing tangible items.
Building permits: related directly to the building location and how it is used.
Professional license: such as for doctors, lawyers, daycare providers, chiropractors, and hairstylists.
Other licenses may be mandatory as well based on the type of business that is operating. New business owners should be aware of potential other licenses such as zoning and land permits, fire department permits, health licenses, and occasionally sign permits. Federal licensing is required for businesses in fields such as agricultural, alcohol sales, aviation, and radio and television industries.
Businesses lacking the correct licensing to operate, can face serious legal and financial implications.
PLAN AHEAD
Obtaining a license can take time and research. Plan ahead to apply for the licenses you need for your business. Various licenses can be applied for and retrieved by submitting an application, yet others will require a visit and or inspection by local authorities before approval is granted. This can cause unplanned delays, and result in significant fees to the business owner if not planned for in advance.
Behrends Legal is here to support your small business! Call today for information 970-578-9455.
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