Business Licenses and Permits

For any businesses, in order to establish and sell the products need various Business licenses and permits which are Mandatory for all kinds of business in what ever the locations. In board the business licenses and permits are ranging from 3 to 5 levels such as National Level or Federal Level, State or Sub division level, City Level or Local Level, Departmental or Related Level and Special level. However these businesses license and permit type and requirements are varying from location to location and from the business to business. Here are the few common business licenses and permits requirements to establish or to run the business.
License
The business licenses are issued by the government or governing entities are the statutory bodies which regulates the businesses that manufacture the goods and products or offering to sell the products or to render the services etc. This is similar to the certification to conduct the approved business for a given time frame.
Permits
These are issued by the government or governing entities or the agencies that regulates the safe practice of the business, business premises and business offerings etc. These are issued for the benefit of the community and initially they can also called as Local Laws / Ordinances and once the business satisfy the safety and other required compliance the ordinance will issue permits to conduct the intended business.
Before going to know further all the business entrepreneur has to know the clause of Grandfathering which is very important to know before buying the business.
Grandfathering
The Grandfathering means (in the Business and Legal industry) that the any new Local Law or Code or License or Ordinance is made by the Government or the Entity or the Agency will be applied for the NEW BUSINESS only. The existing businesses will be exempted from the implementations of the Newly Passed Local Law or Code or License or Ordinance.
1. Creation of Entity Or Ownership : This tells the type of the ownership of the business
  • Sole Proprietor
  • Partnership
  • C Corporations
  • S Corporations
  • LLC
  • Non Profit
  • Trusts
2. Tax Id : This will be issued by the IRS once the above said the owner ship forms.
3. Departmental License : The federal government will issue the concerned businesses department license which may be more than one department approval to establish or to run the business.
State and Local License and Permits
  • State Tax Id
  • State Business License and Permit
  • Seller Permit
  • Fictitious Business Name or DBA (Doing Business As)
  • City License and Permits
  • Health Department License and Permits
  • Zoning Permits
  • Building Permits
  • Environmental Permits
  • Municipal Permits
  • Neighborhood permits
  • Service Permits
  • Fire Department Permits
  • Products permits
  • Services permits
  • Insurance Coverage’s
  • Bank Account
  • Patent Rights Permits
  • Trade name permits
  • Manufacture permits
  • Transport permits
  • Other Departmental Permits
All said above the license and permits are few and basic. In realty those requirements are varying from Locations to Location and from the Business to Business.
If you are interested to know more about the license and permits please send an email at help@blsworld.com. one of our approved licensed business professionals will contact you.