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Old 18th October 2010, 09:40 AM   #1
bigdre90
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Default Business License?

Okay...well the deal is I plan to buy an established business in the near future, and I was wondering do I have to get my business license before I buy a business? How does this work and also where can I get the business license I need? Thanx to anyone who provides great information....

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Old 18th October 2010, 09:54 AM   #2
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I personally don't know of a business where you have to have a license first.....and if there is, what are they gonna do? arrest you ?

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Old 18th October 2010, 05:25 PM   #3
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Eeeeks. Of course you should consider first.

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I personally don't know of a business where you have to have a license first.....and if there is, what are they gonna do? arrest you
Must have been before your morning coffee, but how about doctors, pharmacies, contractors, construction, lawyers, etc

You should check at the local/city/county, state and federal level any license requirements and make sure you have that squared away first. Contact each government office based on where you live to find out if any licenses are needed and if so the requirements.

The current owner should be able to explain to you any requirements, but best to double check he/she is accurate.

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Old 20th October 2010, 04:55 PM   #4
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Other than some of the professional businesses that Logan mentioned you don't really need a license to start business. You do need to establish register your business with various federal and state agencies. If you are new to business I suggest you check out SBA and SCORE web sites that have lot of good information on starting a business. You can also set up an appointment with a local SCORE chapter where their volunteers can guide you through the process.

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Old 21st October 2010, 01:03 PM   #5
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Doesn't the business you are buying have a license? You need to find the rules in your state for transfer of a business that has whatever type of license is currently used. For instance DBA is going to be different from LLC.

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Old 3rd October 2011, 10:32 PM   #6
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There are plenty of businesses where you will need to have a specific licence before you can actually run that business. Childcare (in Australia) is one that springs to mind or potentially security in some markets.

My advice would be to talk to an accountant or lawyer in your specific state/country/county and work out whether the business that you are interested in requires the owner to have a specific licence or permit. Once you know if you need a licence you can get on to the issue of whether the business itself needs a specific licence or permit.

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Old 12th October 2011, 07:32 AM   #7
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Depends on your business and the state you live in. Some categories of businesses are required to secure a business license. Check with your state on the requirements

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Old 30th November 2011, 01:24 PM   #8
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I know this response is a bit late from the original post but anyone interested in obtaining a business license should check with the State where you will be transacting business. In many States you obtain your business license in the county where your business is located, while others require a State license. The best place to start would be to check with the Secretary of State in your State.

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Old 9th October 2012, 04:57 AM   #9
jasminelane
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I think its depends on your location and i don't know about the business policy of your state.But every business owner takes it firstly for safer side.

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Old 23rd October 2012, 12:43 AM   #10
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Every business do require some kind of permission from the local and state authorities. But as far as License is concerned it is hard to comment as you have not mentioned that what kind of business you want to do and what is your location of business.

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