Expired Business License
Renewing a business license is just as important as obtaining one in the first place. Renewal periods are based on each specific license, generally ranging from every one to three years. The date of renewal is either a fixed annual date or based on the date of issuance of the original license. Many state departments do not send out reminder notices about upcoming expiration of a license. A license holder must be diligent about properly renewing the license, or they will face serious penalties.
Each state takes different measures against a business or individual operating with an expired license.
Fines are often assessed for the violation. Some states will post a list of businesses operating with an expired license for public view. Other agencies require expired license holders to cease business until they repeat the initial license process.
Each state takes different measures against a business or individual operating with an expired license. Fines are often assessed for the violation. Some states will post a list of businesses operating with an expired license for public view. Other agencies require expired license holders to cease business until they repeat the initial license process1.
The media will often publicize unlicensed businesses to raise public awareness. A local TV station in Georgia uncovered a slew of funeral homes with expired licenses. A local citizen, interviewed regarding the matter, stated that he would not trust a local business with an expired license. Besides bad press, funeral homes in Georgia operating with an expired license face a voluntary cease and desist order, a mandatory hearing before the board, and multiple fines and fees.
High fines, negative publicity, and business interruption or closure are all risks of holding an expired license. Ignorance is not an excuse. Be certain that every renewal is on time and your licenses are maintained by using LicenseLogix compliance services.
Many examples exist of state agencies going to great lengths to find unlicensed businesses. These illegal businesses threaten states by underbidding industry professionals, evading taxes, and avoiding compliance with industry regulations. It is only a matter of time before an unlicensed business is caught. LicenseLogix will help get your business properly licensed and keep you in compliance.
1 McLane, Paul (2011, Sept. 27) WSBU Can Keep Its License., Radioworld
2 Bleau, Sarah (2011, Sept. 28) Local Funeral Homes Listed With Expired Licenses. Fox 31 Online