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Many new business owners don’t understand the importance of licensing

 licenses

It’s easy to forget you must be licensed to operate legally. Additionally, if your business has employees or sells taxable goods or services, you must register with your state taxing authorities. You may even have federal and local licensing and registration issues that need to be addressed.

Companies that don’t stay current with regulatory and licensing requirements lose money. Because they pay unnecessary late fees as a minimum. As a result, money is lost, that could be spent growing their businesses. But it can become far more serious. Companies found to be operating unlicensed can be shut down. Taxing authorities would have no way to determine your earnings. Thus, they may make an unfair estimate of your unpaid taxes. This could lead to gigantic tax liens and even incarceration in extreme cases.

What types of licenses are required?

Depending on the type, location and other factors related to your business, you may be liable for the following registrations and licenses:

• A general business License

• Home Occupation Permit

• Occupancy permit

• Zoning Permit

• Building Permit

• Health Department Permit

• Sales Tax License

• Sellers Permit

• Fire and Police Department Permit

• Withholding Tax Registration

The struggle of getting a business started, or dealing with its day to day operations can cause you to overlook these requirements. Unfortunately, the ones that relate to your business are mandatory. If you treat them as though they are options you could be put out of business. Not simply because you failed to do the research to know you were required to have them. But, because of the healthy penalties and interest you could face for this over-site.
Bizdoks helps you to avoid the pitfalls of being unlicensed
Attorneys are great for offering advice on contracting issues. However, they are typically not as familiar with many issues businesses face on an ongoing basis. Especially registrations and licensing. Certified Public Accountants (CPAs) are generally more familiar with the issues most important to small businesses. Therefore, the help you receive from Bizdoks is handled by CPAs.

And you get that help at a fraction of what it would cost to hire a CPA on your own.

Many companies claim to have a business license compliance package. However, all they do is send you the blank forms you need. At Bizdoks, our CPAs identify the forms you need and complete them for you. All you have to do is sign the completed forms and mail them. And, in the unlikely event we make a mistake we can’t correct , you receive a full refund of your money paid for our service. If the error leads to penalty and/or interest and its our fault, we’ll pay that for you as well.

Compare the features of our business license compliance package to what anyone else online offers

• We provide you with an overview of the licenses, permits, & tax registrations required for your business • Additionally, you receive all completed forms, schedules and attachments where required. • You’ll receive addressed envelopes to mail your forms. All you have to add is a stamp. • Our package includes detailed information on how much money to send with each application, where necessary.
Compare these deliverables to what anyone else offers on or offline and if you can find a better price we will beat it. It doesn’t make sense to allow anyone to handle your licensing issues other than Bizdoks. And, when you are ready for us, we will be ready for you.

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