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Do I have to apply for a business license first before leasing a store space? |
I'm planning to open a small boutique selling women's accessories. I'm not sure if I have to look for a retail space first before applying for a business license. Does the location of the business play a big part when it comes to being approved for a license? I notice that the business license application form has a question about the "LOCATION" or address of the business. I live in Chicago Illinois and here it's required to have a Business License/Certificate besides an Assume Name, FEIN#, and IBT#. I already have an existing business, but it's online home business only. That's why I wasn't too sure about leasing a retail space. Also, it's against the law here to operate a business w/out a license first. My main worry is not getting approved for a license after leasing a retail space already. You can actually do your business license after you start your business. This probably varies by state. However,it has been my experience an individual can lease the site. To actually OPERATE the business you'll need a business name & sales tax number (some states require other licenses)... |
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