If you are worried about getting the clothing store license You should know that the process to obtain it is much simpler than what the fact of having made the business plan, the search for the premises and stocking up with the staff entails.
Well, in most cases it will only be about filling out the application forms and then waiting until your license arrives and even depending on each county and state it can be even simpler. Anyway, if you are looking for more information, keep reading and you will find out …
Step by step how to obtain a clothing store license
First step: For the clothing store license enter the official site of Internal Revenue Service and request the identification number, because you need the number of EIN if you plan to hire employees.
Well, you should already have established a corporation or an association and based on this you will manage to carry out all the procedures.
Step two: You will then need to contact your local licensing authority to receive the information about the licenses you need to start your business.
Although the requirements vary by state and county, you will generally need a seller’s license or at least a resale certificate.
It is even possible that you require additional licenses such as an alarm permit, a building permit or a health license and even if your idea is to sell second-hand clothes you will need a special license.
On the Small Business Administration official site you will find all the information about the specific licensing requirements needed in your area.
Step 3: Once you fill out all the license application forms, you must send them with the documentation that has been requested and the verification of rights and charges, if necessary.
It may also be that your business is subject to an inspection before licensing is granted.
Step 4: You must contact your local Department of Revenue to enroll in sales tax and request the corresponding sales tax license or certificate necessary in your area of work.
Tips for getting a clothing store license
When you open a clothing store the need for permits and clothing store license they vary from state to state and also from city to city.
For this reason, to legally operate your business you may need a business license, which is required in some cities and counties and also some counties require you to register for the collection of sales tax and you will need the permit to physically locate your store. .
Employer Identification Number: As a retail store, you must register with your state government as a sales tax collector, which is done online, as many states allow it.
Once you have registered you will be able to collect and send the corresponding amount of taxes. However, if you plan to have more than one store, the tax rate may be different between what corresponds to each store.
For example in Texas you will find a hundred districts that have special taxes, so the stores that are within the same city never have the same rates.
You will need the management of the employer identification number for the payment of federal taxes for your business.
The business structure: Think about the structure of your business, for example it can be an individual company, that is, a sole proprietor, an association, a corporation or a limited liability company.
Depending on the business structure that you have decided to create, you will have to fill out and present different documentation.
In fact, you can start a sole proprietorship or association and may not need to submit any documentation to the state government.
But despite the fact that you are the sole owner and therefore your business is individual, if you choose a fictitious name instead of your own name, you must manage the registration of that name and a DBA.
Business license: Depending on the area of your business, you will need to apply for a state business license for your store to operate legally, and many states will even require a local government business license.
For example, if you open your clothing store in Houston, you will not need the business license, as it is a necessary license for other types of businesses such as for the sale of junk, antiques and second-hand merchandise.
For this reason, if you sell second-hand clothes in Houston, you will need the city’s business license.
Zoning permit: To operate your business, the building where it will be established needs a permit, as you will receive an inspection that ensures that it meets all local fire and construction requirements.
Even if you do make repairs or improvements, they must be approved by the city or county before you go into business. If instead of building the building, you buy it, a new building permit is often required anyway.
Resale permit: The resale permit allows you as a business owner to purchase merchandise in bulk and resell to consumers.
However, you should inform yourself in the Small Business Administration of the area where you install your business because depending on the area you may not need to obtain a resale permit, since everything will depend on the laws where your store is located.