How To Get A Limousine License?
Like any other business, obtaining a license to run a limousine service requires a lot of paperwork. The processing of your limousine service license will definitely depend upon the regulations of your country, state, city or locality for that matter.
Apart from those, there are a few general steps that all limousine service providers around the world have to go through. So without further ado let’s dive right into them!
This guide will include:
- How to gather relevant and essential information
- Contact licensing authority
- How to incorporate your business
- Completing the application to obtain an authentic and correct business license.
1. Incorporating the business
Many regions and states require you run your business under a registered name and incorporate any delivery, including limousine services. For this, you will need to contact the Secretary of State’s Office and then you will be able to obtain the right documents which form an LLC, Proprietorship or a corporation.
2. Formatting a Business Plan
A very important aspect of the procedure is to disclose your financing for the limousine service to licensing authorities. This will include the cash flow, details of your limousines and assets, your budget and incorporation. You should provide all the required details within the business plan and we suggest getting help from a professional accountant or an agency.
3. Get the Limousines Registered
Another important step would be getting each one of your limousines registered as service vehicles by the state’s office secretary.
4. Gather Business Information
Make an annual sales report, file a copy of your budget, get your insurance information and your projected income for the coming year. You need all these along with your bank statement filed within the business plan disclosed.
5. Applying for State License and Submitting Application
You can contact the state office secretary to get the list of businesses that need to have a state license. Then, look for limousine service and to make things easier, you may look for your limousine service state application packages as a “Livery”.
Once done with the above steps, proofread your application before submitting.
Seal your application and submit it to your appropriate city department or Treasurer’s Office.
Keep in mind, the process will take several weeks to approve your license and you will be handed over the right documentation once you are registered by the state office.
Credits: https://www.incorporate.com/
