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Also in Stage Three:
Consider A Legal EntityIdentify Required LicensesSeek Proprietary ApprovalsReview Tax IssuesChoose Accounting SystemResearch Regulatory Climate

Stage 2: Strategies

Stage 3: Law & Taxes

Stage 4: Facilities & Insurance

Stage 5: Calculating Costs

Stage 6: Financing

Related Resources:
STEP: First Stop Link

WEB: www.odod.state.oh.us
Stage 3: Law & Taxes

Step 13: Identify Required Licenses

The Concept:
Your business may need to be licensed to operate within your area and for other specialty purposes.
 
What you need to know:
Most cities and counties require new businesses to comply with various regulations by purchasing various licenses and permits. You may need a vendor’s license, or an industry-specific license, in fields such as general contracting, cosmetology, electrical work or liquor control. Check with the Ohio 1st Stop Business Connection Center (right) to obtain a free licensing checklist for your business. Then check for all local requirements by contacting your city and county governments.

Points to consider:
What are the costs associated with obtaining the required licenses?
What are the timeframes associated with the approval processes?

What licenses must I obtain? What is the total cost?