Small business owners have a lot to juggle—especially in the early days of entrepreneurship. You’re finalizing your business plan, setting up shop, and learning as much as you can about your future customers’ needs. At the same time, you’re also responsible for navigating the legal aspects of starting a business, including your federal, state, and local licensing obligations.
North Carolina attorney and owner of The Creator’s Law Firm, Ticora Davis, advises business owners to invest time in meeting their legal requirements in the state and to think of the process as risk mitigation. “Paying attention to your licensing obligations upfront helps you avoid any pesky fees that can pop up along the line,” she says. “Making sure that you have the appropriate licenses actually reduces the risk of running a business.”
Here’s an overview of the types of business licenses in North Carolina and how to apply for them.
What is a business license?
A business license is a government-issued …