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| Name | What Business Licenses are Needed in Montana - Starting a Business in Montana |
| Video Uploader | Video From StartUp101 |
| Upload Date | This Video Uploaded At 06-01-2018 05:13:06 |
| Video Discription | Interested in starting a business in Montana but not sure what business licenses are needed? This video will help entrepreneurs get their business licensed and registered and is a part of the How to Start a Business in Montana video series. For more information and links on Montana business licenses, check out https://startingyourbusiness.com/get-business-license-montana/ Topics include requirements for Montana business licenses, how to get an EIN or Employer Identification Number, sales tax permits, professional licensing and local business licensing. Starting a business in Montana may require licenses or permits from a variety of several city, county, state and federal agencies. This video is a brief overview of the most common licenses, permits and registrations a business may need, but it may not include all of ones needed for your business. More detailed information and links to all of the agencies mentioned in this video are on StartingYourBusiness.com. The first registration you may need to get is the employer identification number, sometimes known as an EIN with the Internal Revenue Service. This is a unique identification number for a business, much like what a social security number is for a person. Businesses that are required to register include sole proprietorships with employees, partnerships, corporations or LLCs. If you are a sole proprietorship with no employees, you can simply use your social security number. You can apply directly at irs.gov and there is no cost to get the number. Getting the number takes only about 5 minutes and if you have questions, we have a video on how to apply for an EIN on our site. Next, there is no general state business license in Montana but, there are some industries that are required to register. A variety of businesses and professions in the state are regulated such as food establishments, barbers, cosmetologists, massage therapists and many more. To find links to all of these, visit StartingYourBusiness.com Also, if you are self-employed or have employees you will need to pay payroll taxes. More information is at the Montana Department of Revenue. Last, at the local level, some municipalities may require a business license or have requirements for certain professions, zoning, construction, signage, liquor licenses, etc. Make sure your business secures all licenses in advance of finalizing a location as some will take some time to get approval. Finding the correct person to talk with in your community may take a few calls, but just start by contacting your town’s mayor, city hall or economic developer and let them know you plan on starting a business and if you need to register. Don’t be worried in calling as they want to help bring in new businesses since businesses bring jobs and tax revenue to the community. If you liked this video, be sure to visit the other videos in our Starting a Business in Montana video series. Other videos include: Types of Business Organization in Montana - https://youtu.be/2U-KJGlYQ1E Registering a Business Name in Montana – https://youtu.be/cnyrPApsGz8 In addition to these videos, https://StartingYourBusiness.com/Montana has a lot of free resources to help you start your business. If you have questions, visit our site or ask questions in the comments and our team of business advisors will answer your questions at no cost! TfdhZbtTrZQ |
| Category | Education |
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