SOURCE: MyCorporation

MyCorporation

November 13, 2013 05:00 ET

MyCorporation Explains Business Licenses in New Infographic

CALABASAS, CA--(Marketwired - Nov 13, 2013) - With 15 years of supporting entrepreneurship and exemplary customer service in the incorporation and LLC formation industry, MyCorporation.com is spending the month of November answering frequently asked questions on business licenses in their new infographic "Business Licenses Explained!"

A business license is any government issued permit or registration that a business owner is required to obtain at the federal, state, or local government level in order to legally conduct business. The infographic studied the Los Angeles County average to determine how many licenses are required and who requires the most licenses at the city, state, county, and federal levels.

Currently, there are 74,000 government bodies in the United States that have the authority to issue permits, licenses, and registrations.

"Having been in the arena of business license compliance for the past 15 years, I've seen firsthand the increase in compliance enforcement by governments. Today, federal, state, and local licensing authorities are becoming ever more vigilant about business license compliance. Governments impose licenses to ensure that businesses comply with government-mandated guidelines for safety, soundness, and tax. If they find businesses that cannot produce the required licenses, they aren't shy about imposing stiff penalties and fines or padlocking the business. By being proactive in having all your licenses, this will save you and your business a lot of headaches and money down the road." said David Polatseck, President of Business Licenses, LLC.

Additionally, the infographic explores the types of categories licenses and permits fall into, the types of industries federal, state, and local agencies regulate, and how the licenses work to protect and indentify a business.

"Business licenses are an integral part of any business. At MyCorporation, we are known for helping business owners and entrepreneurs protect their assets and save on taxes by incorporating and forming an LLC. Our business license compliance packages round out our suite of services to make sure that businesses comply with state and county laws," said Deborah Sweeney, CEO of MyCorporation.com.

For over 15 years, MyCorporation.com has reliably, and affordably, helped small business owners incorporate their businesses and form LLCs. If you 're ready to start up your own business, or have more questions about business licenses, give MyCorporation a call at 1 (877) 692-6772 Monday through Friday at 7 AM - 5 PM PT or visit us at mycorporation.com.