16 Jul Entrepreneurs Catch A Break: City Offers A Discount On Business Licensing
Most businesses in Chicago require a license from the city in order to operate, and the fees associated with this process can be expensive. In an attempt to alleviate this financial burden on entrepreneurs the Small Business Center of Chicago is offering a 2 year Business License for $125 (regularly the price for a 1 year license). This offer is available to 2,000 entrepreneurs who apply on the city’s small business center website. The license application can be daunting for first time business owners, so it’s best to consult with small business experts who can walk you through the application process and help you determine which licenses your business requires.
The first step when applying for a license is completing the Business Information Sheet, which asks for basic information such as your business’ name and location. The second step is a zoning check confirming that your business is legal in the zone in which it’s located. The final step involves inspections that may need to be conducted by a city department employee. A consultant can be particularly helpful during this final stretch; determining which inspections your business requires can get confusing.
A business license is one of the many costs that can pile up when starting a business. It’s smart to save where you can, so take advantage of the city’s offer and apply for a 2 year license soon. G & G law can help you determine which licenses your business requires and assist you through the application process!
-Michelle Green / Ankita Ajith