business licensing
Official operating permission
Business licensing is the process of obtaining official permits required to operate a business legally within a jurisdiction.
Local, state, and federal governments issue licenses for various purposes—general operation, specific industries, health and safety compliance, or professional practice.
The restaurant needed business licensing from both the city and the health department.
Requirements vary by location and business type.
- government regulationLaws governing industry conduct
- application processSteps to seek admission
- penaltiesPunishments for infractions
- fee structuresHow charges are arranged
- legal complianceFollowing applicable laws
fines · zoning laws · brick and mortar · strip mall · certification programs · tax codes · inspections · industry standards · appeals process · audits · chamber of commerce · background checks · online portals · legal disputes · health department · fire marshal · corrective actions · environmental regulations
business licensingblack market
Illicit trading system
underground economy · shadow economy · gray market · illegal trade · bootlegging
business licensingderegulation
Removing governmental business restrictions
laissez-faire · free market · open market · self-regulation · anarcho-capitalism
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