This page is dedicated to the best resources for starting a business in West Virginia.
West Virginia is a great state for small business. Although it has never reached the top 10 in the small business friendliness surveys conducted by popular companies like Forbes and Thumbtack, it is still a good state for business because of its lenient business tax climate.
West Virginia’s economy came to a downward spiral in 2015 and has steadily worsened in recent 2016 reports. Unemployment rate has reached its all time high. Despite this, many business owners and entrepreneurs have opened businesses in the state, braving the unstable roads of West Virginia – hoping and working hard to succeed.
If you have faith in your community, in West Virginia and the chances of your business idea, by all means you have to start building your business in the state! To make sure that you succeed in your venture, use the following resources to assist you.
Think of your business entity like the engine of a car. Depending on the kind of engine you have, you'll be able to go down different terrains and operate at different speeds. The business entity you choose will impact the legal protection you have, the taxes you pay and more. Choose wisely!
If you're wanting the most small business friendly structure with more flexibility and no double taxation, look into this guide.Learn More
If you're wanting a business structure more suited for bigger businesses and raising outside investment, look into this guide.Learn More
By learning about the journey of established business owners, the mistakes they’ve made and their best practices, you’ll be much better equipped to start a business.
West Virginia SBDC is a government agency that helps small businesses and entrepreneurs jumpstart their ventures in the state. They can answer your business questions, provide you with business assistance programs, connect you to the right network, conduct workshops and trainings and give you full support from start to finish.
West Virginia Department of Commerce is an agency supported by the West Virginia Development Office. Its aim is to provide entrepreneurs with free services and programs. They will help you look for the information that you need to start your business and keep it growing.
The Service Corps of Retired Executives (SCORE) is a not-for-profit organization that provides free business assistance to entrepreneurs. SCORE is composed of skilled and establish business professionals who are willing to share their knowledge and time to entrepreneurs who want to start their own businesses. Some of the services they offer include one-on-one business consultations, mentoring, coaching and other business assistance programs.
The U.S. Small Business Administration is one of the largest providers of small business resources in the country. The government agency is a reliable organization that provides entrepreneurs across the United States with services such as local business programs, loans and business grants, management trainings, seminars, coaching and numerous other programs.
Bellan Building is a hip and fun coworking space for entrepreneurs. They have state-of-the-art and modern office spaces and private desks which you can use if you want to work in a quiet environment. Bellan Building ensures that you get all these at an affordable price that won’t leave a dent in your wallet.