List of Licenses for the Hotel and Restaurant Business in India
The hospitality sector stands as the fastest-growing service industry today. With an increase in disposable income, the demand for exceptional service and customer satisfaction is crucial for its expansion. This industry includes a wide range of service segments, such as Food & Beverages, Travel & Tourism, Lodging and Recreation, Event Planning, and much more.
The Hotel and Restaurant business forms an integral part of the Hospitality Industry. Since this industry is flourishing globally now, it’s the right time to start a business.
Why Statutory Compliance is Important for Hotel/Restaurant Business
As an entrepreneur, you would toil to bring your dream business from paper to reality by putting a lot of effort, from the selection of the right location, hiring talented resources, marketing, branding, etc. The common mistake that most new restaurateurs or hoteliers make is that they ignore the most important factor that has an impact on their business growth — Statutory Compliance.
Non-compliance to statutory norms will lead to legal complications, financial penalties, temporary obstacles to operations, or even permanent business closures.
Mandatory Licenses and Regulations for Your Hotel/Restaurant Business
It’s imperative for you to get all the mandatory industrial licenses and permissions to avoid your business from getting tangled in legalities.
Read on to learn more about the mandatory licenses and regulations behind your dream hotel/restaurant business.
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