Accountancy, asked by jpsavita9304, 17 hours ago

give your opinion about the industries still needing license and why​

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Answered by lewi
0

Answer:

Most companies must be licensed to do business and, depending on the industry and your location, you may need to obtain business licenses at the local, state, and/or federal levels. Business licenses can be confusing since they are muddled by the combination of federal, state, and local jurisdictions. However, with a bit of research, you can find the licensing requirements for your business. Ensuring your company is properly licensed helps to bring protection to yourself, your employees and your customers. ... A licensed business is completely separate from yourself, meaning your company's taxes aren't filed with your own. This makes it far easier to report income as well as businesses losses

Explanation:

hope it helps!!

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