Wolfeboro, NH Business License Basics
If you own a business in Wolfeboro, NH you'll need a license to operate. There are various types of Wolfeboro 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 has to be met before a business can get a license. If you don’t understand the licensing rules in New Hampshire and follow them it could result in expensive fines and putting your business in jeopardy.
Types of Business Licenses in Wolfeboro, NH
Federal Business Licenses – The U.S. government has a number of agencies that regulate and supervise business activities. If your business participates in one of these federally regulated activities you will need 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 activity
- Commercial fishing
- TV and radio broadcasting
State Business Licenses – The majority of Wolfeboro businesses must obtain some type of state business license to be able to legally operate. At the minimum a business should get a professional or occupational license. New Hampshire business licenses are typically used for tax purposes.
Local Business Licenses – Local Wolfeboro governments and municipalities also grant business licenses. All businesses will be required to acquire some sort of local business license to be able to operate in Wolfeboro.
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 Wolfeboro Business License
The steps you will need to take to obtain a business license in Wolfeboro will vary depending on which type of business license you need. No matter what type of license you are attempting to get you will have to fill out application form(s) and supply details about your business.
If you are starting a business or expanding your business you will have numerous forms to fill out. Be prepared to supply your Employer Identification Number (EIN).
The SBA (Small Business Administration) has great online tools for helping business owners decide exactly what type of Wolfeboro business licenses they should get, links to websites, applications and instructions. If you’re just starting a business and need assistance with licensing, the SBA is the perfect place to learn more.
Maintaining Your Wolfeboro Business Licenses
Once you get your Wolfeboro business licenses and permits you must still maintain them yearly to keep them current. 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 want to change or expand your business make sure you verify whether you need additional permits or business licenses.