Starting a small business is always marked with lots of excitements and a fair share of anxiety as it is always the first step for most people as entrepreneurs. Washington State has taken measures to ensure that during this period you focus more on your core operational activities and not in seeking business approvals. The simple steps that must be followed to acquire a business license are;
- Select a name for your small business and verify that it is not currently in use
Before you can start the application procedure, you have to bear in mind the name that best suits your business. You must then take steps to check the availability of the name by searching through the state’s database to avoid infringing on trademark rights.
- Make a formal application to the Washington Department of Licensing for a business license
The single form that is vital for this step is the Business License Application which is readily available through the state’s website. For adequate preparation, so you do not spend a lot of time for the simple task you should take time to go through business licensing guides which is also made accessible to the public by the licensing department.
An online application is the simplest way to complete the process which requires a filing fee of $20 which can be made via all major credit cards or by using an e-check. According to the Washington Department of licensing the online application should then be processed within ten business days after which you will receive a Unified Business Identifier number commonly referred to as UBI.
The UBI number is a unique nine-digit code which gives you the go-ahead to conduct business in Washington and will be vital for all co-related activities such as filing taxes and when hiring employees.