A license authorizes the holder to do something that he or she would not be entitled to do without the license. Licensing may be directed toward revenue raising purposes, or toward regulation of the licensed activity, or both. Statutes frequently require that a person obtain a license before practicing certain professions such as law or medicine, or before carrying on a particular business such as that of a real estate broker or stock broker. If the license is required to protect the public from unqualified persons, an assignment of that license to secure a loan would probably not be enforceable.
Colorado Assignment of Business License as Security for a Loan
Category:
State:
Multi-State
Control #:
US-01467BG
Format:
Word;
Rich Text
Instant download
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How to fill out Assignment Of Business License As Security For A Loan?
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FAQ
One of the most frequent questions our office receives regarding starting a business in Colorado is, ?Do I need a business license?? Unlike some places, the State of Colorado does not have a general ?business license.? However, that doesn't necessarily mean your business won't need a license of some kind.
The cost to starting an LLC in Colorado is $50. We'll explain more about the $50 filing fee, as well as other costs required to keep your LLC in good standing.
The US State business license range from $50-$550 depending upon the type of business permit required. This cost includes processing and filing fees. For each state where the business intends to operate, there may be different costs involved.
How Much Does a Business License Cost in Colorado? In the state of Colorado, the price for a standard business operating license can vary from city to city and some cities even exempt smaller businesses from paying any fees. The cost ranges from $15 to $30 on the low end and several hundred on the high end.
Colorado doesn't have a general business license at the state level, so there are no fees there. However, your business may need a state-level occupational license or municipal-level license or permit to operate.
Contact your city hall or county clerk to obtain necessary business licenses or other special licenses, such as a liquor license. Contact local/state health department if you will be serving food or providing public accommodations.