Licenses and Permits

There are some authoritative hoops still to jump through afore you

open your business. If you are activity to accomplish a sole cartel or partnership

using a name altered from your claimed name, you are probably

required by your city, county, or accompaniment to annals your apocryphal business

■ Comparing Business Entities

Easy

Limited Perpetual Transferability Separate

Liability Existence of Ownership Legal Entity Cost

Sole Cartel No No No No Low

General Partnership No No No No Low

Limited Partnership (Limited

partners

only) No No No Medium

LLC Yes Yes Yes Yes High

Close Corporation Yes Yes No Yes High

S Corporation Yes Yes Yes Yes High

Professional Corporation Yes No No Yes High

C Corporation Yes Yes Yes Yes High

TEAMFLY

name, additionally accepted as a dba (doing business as). Registering your dba with the

proper authorities puts the accessible on apprehension that you are the buyer of the

business. Corporations are not commonly appropriate to book a apocryphal business

name statement, unless they too are operating beneath a altered name. Also,

know that some banks crave such a annual afore aperture a business

bank account.

Requirements for filing the apocryphal business name annual alter according

to locale. Some places crave that you book a anatomy and pay a fee to

the county, others crave that you do so with the city. The action usually

just requires that you go to the able office, ample out a apocryphal business

name statement, and pay a allotment fee (usually beneath than $100). Some

places additionally crave that the annual be appear in a bounded newspaper.

You will additionally charge to get a business authorization from your burghal or county.

Other permits and requirements you may charge include:

• A bloom administration permit, if you will be affairs aliment somehow

• Beer, wine, and adamantine liquor licenses

• Environmental regulations, if you will be application paints or added chemicals,

or if you will be afire annihilation (in a anhydrate for instance)

• A blaze administration permit, if your business is activity to use flammable

materials

• A baptize abuse ascendancy permit, if you will be absolution materials

into waterways or sewers

• A admittance or permission of a landlord, if you plan on announcement a assurance of

some sort

• A authorization or band for assertive professions including barbers, lawyers,

doctors, nurses, cosmetologists, absolute acreage brokers and agents, mechanics,

plumbers, electricians, contractors, and allowance agents

You can activate your adventure bottomward the admittance aisle by visiting your city’s

business planning office. It should accept a packet that explains absolutely what

licenses and permits you need, area to get them, and what they cost.