Has your business license ever been suspended?

[Good-Person]

A business license is a document that may allow a businessman to carry business activities in a specific region. Business license should be obtained prior to conducting any kind of business in the first place. So, have you ever faced with the problem of business license getting suspended?

 

[Yaqoob Habib]

A business license is a document that may allow a businessman to carry business activities in a specific region. Business license should be obtained prior to conducting any kind of business in the first place. So, have you ever faced with the problem of business license getting suspended?

There are many situations in which you may model your business license. As Vishal, if you sell any food item then if you do not take care of the quality and make such fraud which is not good for health.It can be said that you sell food items whose expiry date has passed.Apart from this, there can be many reasons which prove to be the reason to Suspended your license.

 

[nsidibe]

A business license is a document that may allow a businessman to carry business activities in a specific region. Business license should be obtained prior to conducting any kind of business in the first place. So, have you ever faced with the problem of business license getting suspended?

Heavily regulated industries have more rigorous licensing requirements. For example, contractors who operate in California and Louisiana must report certain events or information (such as changes in personnel, bonds, and insurance) or face an automatic license suspension. In some cases, the license may be revoked for one to five years, and the business can incur fines up to 10% of the total contract value.

 

[Nomad]

Well, my business license has been suspended a couple of times. The suspension was over a non-renewal issue. After my business collapsed, I had no desire to run the business, therefore, I did not renew my business license and the license was finally suspended.