Today License123 launched a unique research service to help existing and new businesses discover the permits and licenses they need in order to be compliant with their local, state and federal government.
The average business may spend $1000 in penalties and even tens of thousands in lost revenues from being caught operating without a valid license. Many entrepreneurs and business owners struggle to find licensing and permit information, and as a result, suffer exorbitant fees and penalties. The entire infrastructure on the local and national level is broken, and makes it impossible for small businesses owners to make sure they have all the requirements to operate legally. License123.com is the first resource of its kind that will save businesses time and money by preparing customized reports with all the mandatory and optional federal, state, county, city and other regional permits and licenses that businesses require,” said Jason Nazar, CEO Docstoc and License123.
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