1. Legal Compliance:
2. Employee Protection:
3. Credibility and Trust:
4. Access to Opportunities:
5. Workplace Safety:
6. Avoidance of Penalties:
7. Employee Satisfaction and Retention:
It's important to note that the specific benefits may vary based on the nature of the labor license, industry, and jurisdiction. Additionally, businesses should stay informed about any changes in labor laws and regulations to ensure ongoing compliance.