The student is asking about the time-frames for initial business registration.
The subject of the question is Business.
The grade level of the question is College.
Based on the reference provided, it is mentioned that the reported average time for initial business registration is forty-five days.
There are also other durations mentioned, such as the administrative completeness review time-frame and the substantive review time-frame.
In order to provide the specific time-frames for the administrative completeness review, substantive review, and overall registration process, additional information would be needed.