Any Virginia Business Owners (Or Other States)?

[Sovran81]

We are wanting to start our business and while I have decent business sense, when it comes to the legalities and requirements to actually register a business a box of rocks has a better grip on reality. I cant afford to go to a business lawyer to ask these questions and get suggestions. I do offer my thanks to any and all that respond to this thread. We dont really plan on turning a profit for the first couple years. We are getting a business and resale license to allow us to make accounts with companies that will only deal with businesses and to take full advantage of deducting business expenses ranging from supplies, car, travel, communications and other business related expenses. I have read some of the other threads and links that posters supplied concerning business and feel we will fit in the category of business instead of hobby.

What types of businesses are there that would apply as a small business and what are the differences? What does it take to register a business? How long does it take? How much does it cost? Feel free to add any other information that you think I might find useful, but please explain big words. LOL If I could have written this in crayon I would have.

[Sylvia]

We are wanting to start our business and while I have decent business sense, when it comes to the legalities and requirements to actually register a business a box of rocks has a better grip on reality. I cant afford to go to a business lawyer to ask these questions and get suggestions. I do offer my thanks to any and all that respond to this thread. We dont really plan on turning a profit for the first couple years. We are getting a business and resale license to allow us to make accounts with companies that will only deal with businesses and to take full advantage of deducting business expenses ranging from supplies, car, travel, communications and other business related expenses. I have read some of the other threads and links that posters supplied concerning business and feel we will fit in the category of business instead of hobby.

What types of businesses are there that would apply as a small business and what are the differences? What does it take to register a business? How long does it take? How much does it cost? Feel free to add any other information that you think I might find useful, but please explain big words. LOL If I could have written this in crayon I would have.

There is actually free help with starting a business from the Small Business Administration. There is also "SCORE" which is free and manned by retired business people.

http://www.sba.gov/

http://www.score.org/

Hope that helps.

[Sovran81]

Thanks Sylvia. I will check out those links.

[cdthayer]

Check your Virginia State Government website. I used the State of Oklahoma site to learn what our state requirements were.

CD in Oklahoma