Before a business can legally start operating, it needs to take care of a number of pesky requirements with governmental agencies. Finding out what you need can be like putting together a jigsaw puzzle without knowing what it should look like.
Nearly all businesses in operation today are required to have one or more licenses, permits, or tax registrations to ensure that they meet government-mandated guidelines for safety, soundness, and tax. Additionally, if a business has employees or sells taxable goods or services, it needs to be registered with relevant taxing authorities. These requirements vary by industry and depend on how and where the business operates.