Final answer:
License should be renewed before the final day of the 2-year license cycle.
Step-by-step explanation:
The subject of this question is Business and the grade level is High School.
License renewal refers to the process of extending a license or permit beyond its expiration date in order to continue legally operating a business or engaging in a specific activity. In this context, the question pertains to the timeline for renewing a license.
To answer the question, the license should be renewed before the final day of the 2-year license cycle. For example, if the license cycle ends on December 31, it would be necessary to submit the renewal application before that date.
Keyword 1: license renewal, Keyword 2: expiration date, Keyword 3: 2-year license cycle