A business license in South Carolina is a form of permission granted by the state government that allows an individual or entity to operate a business within the state. It serves as a legal requirement for businesses to conduct commercial activities and ensures compliance with state regulations.
Obtaining a business license offers several advantages. It establishes the legitimacy of a business, instills trust among customers, and facilitates access to essential services like banking and insurance. Additionally, it helps businesses avoid potential legal complications and penalties associated with operating without a license.