WhatsApp Image 2020-07-24 at 1.36.43 PM

***রুশদিনা খানের ইমোশনাল ইন্টেলিজেন্স বই অনুসরণে ***

Why do you need LICENSE in order to start a BUSINESS?
To know more, first we need to learn what is the term meant by Business License.Businesses are required to apply for a business license because it provides a way for the government to keep track of enterprises operating in the area and keep track of tax revenue. When you operate a business without the proper licenses, you risk heavy fines.
When you’re caught up in the excitement of starting a new business, it’s easy to ignore the need for licenses and permits.
However, licenses and permits are mandatory, and before you can legally begin to operate your business, you need to have all of them in place.
Additionally, if your business has employees or sells taxable goods or services, you need to register with the taxing authorities. Requirements vary by industry and depend on how and where you conduct business.
Now, if you don’t own a licence what will be happened then? An example can answer you. Suppose you own a reputed company. People have so many good wishes for the company. Your products are obe of the most demanding items in the market. You are quite hard to be defeated by your competitors. Now, someone, for any personal welfare, took your institution’s name as you don’t have licence. Then s/he has started imitating your products and supply in the market by your company’s name. If that person makes any fake thing that harm the customers, you’ll go down. Because public is thinking you to be the culprit. Slightly, you’ll be thrown out of the market.
Licences are so important in business lines that it’s become mandatory now before you get started. It’s because, these legal papers ensure your and your company’s, and you products’ security. And its all about securing your business from every legal punishments.

Tags: No tags

Add a Comment

Your email address will not be published. Required fields are marked *