What is the Average Cost of a Business License? Average Business License Price

The cost of a business license varies depending on the type of business, like retail or wholesale, and the amount of gross receipts calculated for the licensing year. Similarly, based on the kind of business, there may be certain pre-requirements like certificate of insurance and trade qualifications for building contractors of food permits for the restaurants. The business license thus obtained will, however, become delinquent if not renewed within the stipulated period every year. The average cost of business license ranges from $75 to $100. The license amount rises in keeping with the increase in gross amount. Some businesses do not necessitate a business license, though they will have to still meet certain taxes such as sales tax.