Business Startup Guide
Steps to starting your business in Fairfax County
Congratulations! Whether you have a business idea, or you have begun the process of starting a business, looking for information and support is a huge leap forward. Turning your dream of owning a business into reality can be a challenge. Knowing the right steps to take, and having the proper resources, can save time and money. The following guides will provide information for you at each step of starting your business.
Plan and Research
Take time to clearly define your business idea.
Be able to clearly define your business model, your target client/customer, your resource needs and marketing strategy. Plan now to avoid delays later.
Location Considerations and Location Permits
Decide your preferred business location type (home-based, commercial/ industrial, or shared office/incubator), and research the location requirements.
Your preferred location or location type may affect how your business operates.
Research your location requirements to determine what steps you need to take to establish your business in your preferred location before you sign a lease or purchase property.
Business Capital
Understand your financial needs and projections, and potential sources of capital.
Calculate how much money you will need to start your business and learn what sources of funding may be available to you.
Business Logistics
Set your foundation properly. Now is the time to take care of your administrative tasks.
Some of these include establishing bank accounts, obtaining insurance, and setting up your website and social media.
Registration, Taxes, and Licenses
Make sure that you know which licenses and approvals you need to start and operate your business.
From tax ID numbers and business licenses to taxes and professional certifications, the requirements for each business can vary. Make sure that you are aware of the specific requirements for your unique business.
Launch
You are ready to implement your plans and start your business.
Get connected to business development and support organizations, activate your social media accounts, and get ready for your grand opening.