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Fernando Rodriguez

License and Permits

What are the basic licenses needed for a simple business?

  • GoBizGo Team replied
    Most business need about 5 permits and licenses: 1. Business License 2. Seller's Permit (if you are selling tangible products) 3. EIN, number from the IRS (similar to a social security number for a person) 4. Bank Account in the name of the business 5. Liability Insurance There are other requirements that depend on your industry, like a restaurant needs a Health Permit, a Barbershop needs a Beauty License, and so forth.