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Business License Checklist

In today’s highly regulated environment, keeping up with your business licensing is not only beneficial from a logistical standpoint—it’s good for your reputation as well. In addition, proper licensing helps you avoid delays in expansions, mergers, and other transactions.
 

Changing Needs

As business evolves, and as regulations shift at the federal, state, and local levels, your licensing needs may change. Common trigger events include:
 

► Adding a new product or service line (e.g., selling a new type of liquor; a hair stylist also selling beauty products)

► Starting a new business

► Remodeling

► Hiring minors

► Change in hours or days of operation

► Name change

► Officer change

► Address change

► Ownership change

► DBA name change

► Opening or adding a new location

► Moving headquarters 

► Merger or similar transaction between two companies

► Regulatory or other changes at the federal, state and local levels

 
This list illustrates some of the more common things that could impact business licensing, permits, or registrations. Especially at the local level, the impact of any of these changes varies depending on the type of business, location, municipality, and other factors.
 
CT Tip: If a business closes a location or if it closes entirely, existing licenses should be canceled accordingly.
 
When making a change regarding a business or its operations, it is best to look into any impact on existing licenses and need for any other licenses. Also, in light of ongoing changes at the federal, state, and local levels, it is good to regularly re-evaluate business licensing, permits, and registrations. 
 
See our related articles for more on business licensing:
 

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