TAILIEUCHUNG - Steps to Establish a Small Business in Virginia

The 1991 Standards require one van accessible space for every eight accessible spaces. The 2010 Standards require one van accessible space for every six accessible spaces. If you have complied with the 1991 Standards, you are not required to add additional van accessible spaces to meet the 2010 Standards. The 2010 Standards contain new requirements for the input, numeric, and function keys (. “enter,” “clear,” and “correct”) on automatic teller machine (ATM) keypads. If an existing ATM complies with the 1991 Standards, no further modifications are required to the keypad. If a business chooses to. | Ml The library w OF VIRGINIA Steps to Establish a Small Business in Virginia The seemingly straightforward venture of starting a small business can be burdened with complications. Often an entrepreneur s initial steps will determine a successful endeavor. This guide attempts to provide prospective business owners with information that will facilitate the process. Many questions arise when starting a business such as What will be my legal structure How can I find out where to start Do I need a license Do I have the necessary skills and experience for the business What resources do I need What financing will I need What will I name my business How will my company s business records be maintained What insurance coverage will be needed What equipment or supplies will I need How will I compensate myself Where will my business be located How many employees will I hire Part-time Full-time The federal government and the Commonwealth of Virginia have created special agencies to promote the success of small business entrepreneurs. These agencies publish guides and manuals and maintain Web sites with in-depth information. Reputable publishers and corporations eager to support the work of entrepreneurs also make a numberof commercial publications and Web sites available. The purpose of this guide is to alert the new entrepreneur to the necessary steps and the available resources for beginning or expanding a business. A listing of additional print and Internet resources on topics of importance to business owners follows the section Steps to Follow to Establish a Business. TABLE OF CONTENTS Steps to Follow to Establish a Business. General Information. Financing. Business Opportunities Procurement and Contracts. Minorities Special Assistance and Women. Taxes. Franchises. Additional Internet Sites for Small Business. STEPS TO FOLLOW TO ESTABLISH A BUSINESS 1. DETERMINE THE STRUCTURE OF YOUR BUSINESS Sole proprietorship Partnership Limited Partnership Corporation Library Reference

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