There’s no way around certain rules and regulations when it comes to starting your own business. Whether it’s a brick and mortar store or your own trucking company, being a business owner requires you to sift through certain paperwork. One of the most important steps is acquiring the proper licensing. That’s why Integrity Factoring would like to provide you with the following invoice factoring checklist for getting the proper licensing before you open your doors.
Business Operating License
Getting your small business license provides you with the right to own and operate your company. The documents you will need to obtain this will depend on what your state, city, and county require. You may also need to obtain your small business license before you can operate within city limits. That’s why it’s important to visit your local city hall or city website to find out what kind of business license you need and where to get it. You will also need a state license. Depending on your industry, you may also need additional licensing. Visit the Small Business Administration website for more information on how to find the right license for your business.
Building & Zoning Permits
When it comes to building and operating a new business, there can be a wide variety of permits you may need. If you’ve purchased land to build your business, you will need a building permit. This is also true if you plan on renovating an existing building. As long as your building or renovations abide by the safety codes and local requirements put in place, your city will grant you a building permit. However, you will still need a zoning permit if you don’t plan on building or remodeling.
The city where your business is located is in charge of enforcing specific rules regarding which kind of businesses can exist in certain areas. For example, most cities don’t allow you to establish a business in the middle of a residential area. Because there are different zones for all sorts of businesses it’s important to check with your local city government to see what zoning rules apply to you.
Health & Safety Licenses
If you are starting a business that deals with hazardous or flammable materials, you may need certain health and safety licenses to ensure the safety of your customers. Even restaurant, hotel, and gym businesses will need health and safety licensing. Any business that deals with public food or exercise will need a health license before you can serve customers.
Environmental Licenses
Local and state governments all have different environmental permits and licenses you may need to prove your company isn’t hurting the environment. These licenses may involve requirements for waste removal as well as air and water quality levels. Keep in mind that these requirements have become more stringent over the years with an increase in concern about local habitats and public health.
Additional Business Licenses
Depending on your location, local government, the size of your business, and specific industry, your new company may need additional business licenses, tax registration, and permits. That’s why it’s important to check with your local county clerk for a detailed list of the exact licenses and permits you may need to submit for approval before you open your doors to customers.
Invoice Factoring
When it comes to invoice factoring companies, Integrity Factoring stands out from the rest. Dedicated to your unique needs, we’ll help you get the funding you need to save time and money while you manage your new business. If you want steady cash flow to help your trucking company grow, contact us today by filling out our online form or call us at 1.866.834.2746.