The Jackson County Development Authority can assist you in starting and expanding your business. The JCDA can connect you with its partners so that you can make the best decisions when it comes to starting and sustaining your business. The SBA (Small Business Administration), WVEDA (West Virginia Economic Development Authority), MOVRC (Mid-Ohio Valley Regional Council) and JCDA offer low-interest loans and are able to help businesses get the needed registrations and licenses.
STEPS TO GET A WV BUSINESS LICENSE
There are 4 steps to getting a WV business license:
|STEP 1||RESEARCH NAME|
|STEP 2||REGISTER YOUR ACCOUNT
Tutorial on registering for your state account.
|STEP 3||GET YOUR FEIN
In order to get a business license, you will need to obtain a Federal Employer Identification Number (FEIN) from the IRS. FEIN’s are free and can be obtained online. Visit: www.irs.gov, and type in FEIN in the search box. You’ll need the FEIN in order to finish the registration for the business license, so be sure to write it down when it comes up on the IRS screen. A hard copy will be sent to you via mail as well.
For any other questions, visit: WV.gov’s Starting A Business Guide
STEPS TO STARTING YOUR BUSINESS:
STEPS TO GET STARTED
There are 4 steps to starting a business:
|STEP 1||IDENTIFY YOUR DREAM BUSINESS
Do you want to open a business? Do you have a great invention that could be manufactured in Jackson County? Before our initial meeting, ask yourself the following questions:
IS THERE A MARKET FOR YOUR BUSINESS IN JACKSON COUNTY?
At our initial meeting, we can discuss your business idea(s) to gather as much information as possible to see if there is a market for it in Jackson County. Our office is happy to put you in contact with one of our many partners to conduct a market study to ensure that Wood County is a place where your business can be a success!
|STEP 2||PLANNING YOUR BUSINESSBefore you seek out investors or funding for your upcoming business, be sure to create a business plan. Business plans are required by lenders and allow you to showcase your credentials and generally projects 3-5 years ahead while outlining the route a company intends to take to grow revenues. Need help getting started with your business plan?
– SCORE.org offers business plan templates for a variety of industries. Visit the site, complete a questionnaire and it builds a plan for you.Prefer more hands-on assistance? West Virginia University at Parkersburg has a fantastic Small Business Development Center that can assist you with the following:
To take advantage of the services offered by WVUP’s Small Business Development Center, please contact Marsa Myers at 304-424-8213.
ALREADY HAVE A BUSINESS PLAN?
Great! Now is a great time to decide on the legal format of your business. Many businesses choose the Limited Liability Corporation (LLC) format due to the legal protections it provides. Consult with a legal professional for advice on which legal format is best for your business.
Once you have chosen a format and incorporated, you will need to filed for an IRS Employer Identification Number (EIN) and file your business with the West Virginia Secretary of State.
|STEP 3||FUNDING YOUR BUSINESSNow that you’ve completed your business plan and have filed for a business license, it’s time to start thinking about how you will fund your new business! Capital access can be one of the more challenging processes when an entrepreneur starts a new business or is even in the process of growing one.
We are here to help you discuss your options which include:
|STEP 4||LOCATING YOUR BUSINESSBusiness plan? Check! Funding? Check! Now it’s time to begin property shopping. Let us help! Visit our commercial and industrial database of properties that are for sale or for lease in Jackson County or give us a call and we can help you narrow the search.
We are here as a resource to YOU. Need help contacting a landlord? Need assistance finding out who owns a vacant building? Email us at firstname.lastname@example.org.