The kinds of permits and insurance your small business will need depends on its size and location. Answering the following questions will help you get started. To operate your business, do you need to obtain a business license? Yes No Don't Know Done To operate your business, do you need to obtain a special Federal/Provincial license? Yes No Don't Know Done Do you have property insurance? Yes No Do you have liability insurance? Yes No Do you need key man insurance? Yes No Don't Know Done