Global Resources LLC is dedicated to being the most impactful partner you will ever have. At Global Resources LLC, we navigate the way for your success. Often, the need for business licenses and permits can be forgotten during the thrill of launching a new business. However, licenses and permits are mandatory. Before you can legally start any new business operations, you must have all necessary licenses and permits in place. If your business has employees or sells taxable goods or services, you must also register with the taxing authorities.
Did you know that government resources do not offer one place where you can go and get all your licenses, permits and tax registrations? In fact, obtaining all the requirements can be a confusing and time-consuming obstacle. When you work with us, we ensure every aspect of your business is handled with precision and professionalism. That’s why entrepreneurs will find it especially beneficial in working with us.
Global Resources can expertly lead you in this tedious process. In the meantime, here is a brief overview of some license and permit expectations:
State - According to the Small Business Administration, the following occupations frequently require state licensing: accountants, appraisers, building contractors, physicians, private security guards, bill collectors, funeral directors, real estate agents, barbers and cosmetologists. A home-based business may also require state licensing. Small business owners shouldn’t guess which professions require a state license; instead, they should check with their licensing board.
Local - According to the SCORE website, almost all businesses must have a city or county license. The local government in which the business is located issues city and county licenses. The business owner can visit his city hall or county government for licensing requirements.
Federal - The business owner must obtain a federal business license if the business is highly regulated or heavily supervised by the federal government. The following business activities are federally regulated and subsequently require federal licensing: agriculture; aviation; alcoholic beverages; firearms, ammunitions and explosives; commercial fisheries; fish and wildlife; nuclear energy; maritime transportation; mining and drilling; transportation and logistics; and radio and television broadcasting. The requirements vary by federal agency.
Sales Tax - Nearly all states require retail businesses to obtain a sales tax license. A sales tax license enables the owner to charge sales tax on goods sold. The state revenue agency, equalization board or franchise tax board issues sales tax licenses. A sales tax license is also called a seller's permit.
To learn more and / or to schedule your complimentary appointment with the business experts at Global Resources LLC, call us at 855-338-0266.
No comments:
Post a Comment