The Issue: As a local entrepreneur, your business license costs $168 per year. However, what value or benefit does it offer you? Yes – the license permits the City to regulate commerce and trade within the community, but it does not offer the entrepreneur any incentive or payback.
As a citizen, finding a local business via the Internet can be a challenge.
My Belief: I believe that if local entrepreneurs require a business license, then there ought to be some benefit derived from the substantial fee required.
A Solution: Through the business license registration process, the City ought to publish an online directory of all licensed businesses. Suddenly, finding a business in our community becomes a whole lot easier. This ought not take additional resources since the data exists each time a business license is issued or renewed.
What’s in it for you? As an entrepreneur, you will receive a tangible value for the cost of your business license. As a resident, you will have the ability to find – and support – local entrepreneurs and have the comfort of knowing the business you deal with has a license to operate in our city.