Nobody enjoys licensing but without an “in good standing / current” license you could lose your business. This session will present three steps to improve your licensing experience:
1. Organization of corporate documentation. The importance of this step is to be compliant with record keeping requirements, using the regulations as a guide to develop a system for tracking and the retention of initial documentation / information to be collected, maintained and provided with all licensing applications as well as maintaining detailed, accurate historical data. This process will lead to less frustration and time involved in completing and submitting accurate applications.
2. Find someone in your company or a licensing professional with strong organizational skills, the ability to follow instructions, read and apply regulations. The importance of this step is to understand what the regulations say in order to be able to ask questions during the licensing process or to push back on requested documentation, if necessary, based on regulation requirements and codes. In addition, understanding the regulations will assist in creating a record keeping system that is not only essential for licensing but also in establishing the retention and organization of your company’s historical data.
3. Develop relationships with local and State officials and employees. The importance of this step is crucial to creating an environment and reputation that reflects cooperation and trust and leads to mutual respect. That relationship can influence changes to reporting, processes, procedures, applications, etc., easing the tension and/or burden between regulators and business owners.