What Every Small Business Owner Needs to Know About Business           Licenses
Business License• When it comes to knowing whether your  business needs a license, the simple  answer is it depends.
Guidelines• Here are 3 general guidelines:  – If you manage or plan on managing    hazardous materials, you probably need ...
Business License• Professions, hazardous material, and  alcohol are the 3 types of businesses that  usually need a license...
Business License• If you don’t fit into any of the above 3  categories, you still are not in the clear.  – Though, you are...
Finding Out If You Need A Small           Business License• #1 - Visit the website of your local state or  city government...
Finding Out If You Need A Small           Business License• #2 - Even if you found good information on  the government’s w...
Finding Out If You Need A Small           Business License• #3 - Once done with the business office,  go to your state’s r...
Finding Out If You Need A Small           Business License• #4 - Once both these government  offices/agencies have confirm...
Business License• After a few hours on the phone and  internet, you should have the means of  proving, even in court, that...
Why You Should Care About A Small        Business License• While it may seem like a wild goose chase to track  done the in...
Links   • This Blog Post• Solo Small Business
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What Every Small Business Owner Needs to Know About Business Licenses

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What Every Small Business Owner Needs to Know About Business Licenses

  1. 1. What Every Small Business Owner Needs to Know About Business Licenses
  2. 2. Business License• When it comes to knowing whether your business needs a license, the simple answer is it depends.
  3. 3. Guidelines• Here are 3 general guidelines: – If you manage or plan on managing hazardous materials, you probably need a business license – If you serve or plan on serving alcohol, you probably need a business license – If you are in a profession (e.g. a lawyer), you probably need a license
  4. 4. Business License• Professions, hazardous material, and alcohol are the 3 types of businesses that usually need a license just about anywhere in the United States. – But what if you don’t fit into the above 3 categories?
  5. 5. Business License• If you don’t fit into any of the above 3 categories, you still are not in the clear. – Though, you are much less likely to need a business license if your small business doesn’t fall into one of the three categories listed above.
  6. 6. Finding Out If You Need A Small Business License• #1 - Visit the website of your local state or city government’s business office to see if there is any information on the website.
  7. 7. Finding Out If You Need A Small Business License• #2 - Even if you found good information on the government’s website, call and ask your local state or city government’s business office if you need a license. – Ask them to send you an email confirming that you do not need a business license.
  8. 8. Finding Out If You Need A Small Business License• #3 - Once done with the business office, go to your state’s regulatory agency (usually called the department of regulatory agencies or DORA). – Ask someone at the regulatory agency if you need a professional license for your business. – Again, have them confirm in writing that you do not need one.
  9. 9. Finding Out If You Need A Small Business License• #4 - Once both these government offices/agencies have confirmed in writing that you do not need a license, you can do one last thing. – Go to a competitors business, and ask the competitor if they have a license. • You can be forthcoming in the interview or you could pretend to be a potential customer doing your best to find a reputable business. • Do not skip the first two steps. – Your competitors can lie. – Do not rely only on their word.
  10. 10. Business License• After a few hours on the phone and internet, you should have the means of proving, even in court, that you do not need a business license
  11. 11. Why You Should Care About A Small Business License• While it may seem like a wild goose chase to track done the information and confirmations about getting a small business license, you should take the time to do it. – If you avoid doing this step now, you could find out in 6 months to a couple years that you needed a license to operate your business. – The government or regulatory body in charge of your industry could levy a hefty fine against you or your new business.• Why waste the time to create a small business to have it go bankrupt a few years after opening your doors?
  12. 12. Links • This Blog Post• Solo Small Business

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