Business owners are responsible for ensuring the business account has enough funds available to cover all scheduled charges.
Payment Schedule
Businesses may have recurring costs collected through two regular payment schedules.Monthly License Renewal
Business License renewal is due on the 1st of each month.
Weekly Utilities
Weekly utility fees are automatically withdrawn every Sunday.
Monthly Business License Renewal
Utility costs may be included as part of the standard monthly Business License renewal process. Business licenses renew on the: 1st of each month Owners should ensure all required renewal and applicable utility costs are available when completing their monthly renewal.Business Licenses
Review license classes, renewals, and business licensing requirements.
Weekly Utility Fee
Businesses are also responsible for a recurring weekly utility fee. This payment is automatically withdrawn from the business account every: Sunday Because this charge is automatic, owners should regularly monitor their business balance and make sure sufficient funds are available before the withdrawal occurs.Business Prices
Review weekly utility amounts and other BBA-related business costs.
Keep the Business Account Funded
Ownership and management should maintain enough money in the business account to cover:- Weekly utility payments
- Monthly license renewal
- Other applicable business expenses
- Normal operating costs
Failed Payments
If a business does not have sufficient funds available when required payments are due, the business may become delinquent. Depending on how long the issue remains unresolved, consequences may include:- Late penalties
- Outstanding balances
- Business restrictions
- Temporary suspension of operations
- Additional BBA action
- Bankruptcy in prolonged or serious cases
Business Bankruptcy
A business that remains unable to meet its financial obligations may eventually be considered: Bankrupt Bankruptcy may lead to further action by the Bureau of Business Affairs, including:- Business restrictions
- Closure
- Seizure
- Repossession
- Other appropriate proceedings
Seizure of Business
Review bankruptcy, seizure, repossession, appeals, and ownership restrictions.
Owner Responsibility
The Bureau may provide systems or notices to help owners manage recurring expenses, but the financial health of the business remains the responsibility of ownership.Every Sunday
Keep enough funds available for the automatic weekly utility payment.
1st of Every Month
Complete the required Business License renewal and applicable payments.
