You’re excited about launching a new business. Congrats! But you have no idea if you need a business license or to register an LLC. Maybe you need both? Even then, it’s not clear where you should start. This post uncovers everything you need to know about business license vs. LLC and how to navigate these crucial requirements.
The Top Rated Formation Services to Start Your LLC
Forming an LLC is an excellent option if you want personal liability protection and flexible tax filing. We’ve already narrowed down the best LLC formation services for your convenience:
ZenBusiness – Best overallIncfile – Best for entrepreneurs on a tight budgetRocket Lawyer – Best legal consultation services for LLCsLegalZoom – Most popular LLC servicesLegalNature – Best for LLC documents and contractsMyCompanyWorks – Best same-day processingSwyft Filings – Best customer service
You can read our full reviews of each LLC formation service here.
What is a Business License?
A business license is a government-issued document that allows a business to operate within a specific jurisdiction. The business license may be issued at the local, state, or federal level. So, the appropriate business license depends on the industry you operate in.
Almost all businesses require one or more licenses to operate legally. For example, you’ll need at least a basic license to start a home-based business. Similarly, you’ll need a professional licen… Read More