Russellville, AL Business License Basics
If you have a business in Russellville, AL you are required to have a license to operate. There are many different types of Russellville business licenses and permits that are required by various government entities at federal, state and local levels. An operating license is the basic type of business license that most all businesses will be expected to have.
Each level of government has specific regulations and requirements that need to be met before a business can get a license. If you don’t know the licensing rules in Alabama and follow them it could result in expensive fines and putting your business at risk.
Types of Business Licenses in Russellville, AL
Federal Business Licenses – The federal government has a number of agencies that regulate and supervise business activities. If your business takes part in one of these federally regulated activities you will have to get a federal business license.
Activities that'll be required to get a federal business license include:
- Alcohol manufacturing, importing and sales
- Firearm dealing, importing and manufacturing
- Ammunition and Explosives dealing, importing and manufacturing
- Wildlife related activities
- Commercial fishing
- TV and radio broadcasting
State Business Licenses – Nearly all Russellville businesses will need to obtain some kind of state business license in order to legally operate. At the minimum a business will need to get a professional or occupational license. Alabama business licenses are typically used for tax purposes.
Local Business Licenses – Local Russellville governments and municipalities also grant business licenses. All businesses will be required to acquire some kind of local business license to be able to operate in Russellville.
Permits – Permits are more specific to a certain kind of business within an industry. Permits have a wide array of purposes from parking to product sales.
How to Get Russellville Business License
The steps you have got to take to obtain a business license in Russellville will vary depending on which type of business license you have to get. No matter what type of license you are hoping to get you will need to fill out application form(s) and supply detailed information about your business.
If you are starting a business or expanding your business you will have numerous forms to fill out. Be ready to supply your Employer Identification Number (EIN).
The SBA (Small Business Administration) has great online tools for helping business owners figure out exactly what type of Russellville business licenses they should get, links to websites, applications and instructions. If you’re just starting a business and need guidance on licensing, the SBA is the perfect place to find out more.
Maintaining Your Russellville Business Licenses
Once you get your Russellville business licenses and permits you must still maintain them every year to keep them up to date. The guidelines below are recommended if you wish to ensure your business license is in good standing.
- Make copies of your business licenses and permits.
- Monitor when licenses and permits need to be renewed.
- Follow the regulations for displaying your business license.
- If you would like to change or expand your business be sure to verify whether you need additional permits or business licenses.