Business
A business license is the government-issued permit authorizing a business to operate legally in a given jurisdiction. Depending on the issuing authority it may be a general operating license, a professional or occupational license, or an industry-specific permit, and it names the business, license type, jurisdiction, and expiration date.
Written & maintained by the Granite team · Last updated June 2026
Overview
Cities, counties, states, and federal agencies issue business licenses depending on the activity. Most businesses need at least a general local operating license; many also need professional licenses (for regulated trades) or specific permits (food service, liquor, signage). The license proves you're authorized to operate and in good standing.
Licenses typically expire and must be renewed, often annually. Operating on a lapsed license can mean fines or forced closure, so the expiration date is critical — and because a business may hold several licenses across jurisdictions, tracking them all is its own challenge.
These are the fields Granite reads and extracts automatically the moment you upload one.
How long to keep it
Keep current licenses while active and renewed copies as a history; retain expired ones at least 3–4 years.
The current license proves you're authorized to operate, and lapses risk fines or closure. Keeping a history of renewals documents continuous compliance — useful if an agency, client, or auditor ever questions whether you were properly licensed during a past period.
Granite reads each business license — business, license type, number, issuing authority, and expiration — and files them together with your business documents. When you hold several licenses across city, state, and industry bodies, Granite can remind you before each expires so none lapses, and proof of any license is one search away when a client or landlord asks.
FAQ
Sources
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Drop it in once. Granite reads it, files it, and makes it findable forever — by you today, and by the people who'll need it later.