Businesslicenses.com = $2 MIllion A Year

April 1, 2007 at 6:27 am 1 comment

Anyone who has tried to register a business in a small town while living halfway across the country will understand the appeal of Business Licenses (businesslicenses.com).

The company, based in Airmont, N.Y., lets users download, file and store any of about 28,000 federal, state and local license and permit applications for sites around the country.

Users pay $19.99 to download an application, an additional $19.99 to get the surrounding documents (regulations, laws and the like), and $49.99 if they want to file and archive the license online.

According to co-owner David Polatseck, the 55-employee company has more than 10,000 small-business customers and makes about $2 million a year, a number that he expects will rise quickly if he can sign up more large clients (he currently has 50). “Real profits will come when we’re out there in the corporate world,” he says

As See on http://money.cnn.com/magazines/fsb/fsb_archive/2007/03/01/8402007/index.htm

http://businesslicenses.com/

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Entry filed under: Internet Startup.

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1 Comment Add your own

  • 1. Robert Haynes  |  April 11, 2007 at 1:23 am

    This business is not the type that gets repeat clientele. Most businesses need these licenses only once when they begin operations. In addition, the competition makes it hard for a company with 55 employees to make any profits. For example, http://www.businessnameusa.com is another site that you can obtain a business license. In addition, businessnameusa.com also has an expedited service with which you can obtain your licenses in about 24 hours.

    Reply

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My Name is Bisi and this is my blog This blog features stories that I have read that I think are interesting . I usually bookmark the stories that I find interesting but they are getting too many . I have decided to catalog and share them on this site . I am not really promoting the site so you might have accidentally stumbled on it . Thanks for visiting .
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