Business Resource Center
Business Planning Resources
Starting a business involves planning, market research, making key financial decisions, and a number of legal requirements. Thankfully, SWVA has a number of fantastic resources to help you navigate your way to success. Below are 4 generally helpful organizations for you to check out, and keep scrolling for permitting and licensing links below this.
VA Highlands Small Business Development
Smyth County Economic Development
Small Business Administration
VA Small Business Financing Center
Not sure where to start? Below are the first steps for registering and properly permitting any new business in Smyth County, Virginia. Looking for more ways to grow your small business? Consider a membership with the Smyth County Chamber, which provides access to workshops, events, advertising, grant opportunities, and more.
Register Your Business Entity
Once you’ve come up with your business concept, researched it and developed a plan, and secured funding, it’s time to register with the Commonwealth of Virginia. Thankfully the SCC makes it easy to:
- Check name availability
- Reserve a name
- Form a business
Get Your Federal & State Tax ID
Now you should obtain a Federal Employer Identification Number (EIN), which is like a social security number for a business and allows you to open bank accounts, handle payroll, and file taxes. You’ll also want to register with Virginia for state tax and reporting:
Business Property Tax Information: