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Before you open your business, determine which of the numerous local, state and federal regulations apply to you. Avoid the temptation to ignore regulatory details. Doing so may save time in the short term, but could become an obstacle as your business grows.
Starting your new Wheeling business
Below is a list of the most common requirements that affect small / new businesses. The list is by no means exhaustive, as regulations vary by industry. Consult the list below for a solid start to meeting your regulatory requirements, and then carefully investigate the additional regulations that affect your industry.
Business OrganizationThere are many forms of legal structure you may choose for your business. The most common structures are Sole Proprietorships, General and Limited Partnerships, C and S Corporations, and Limited Liability Companies. Each legal structure offers organizational options, which are appropriate for different personal situations, and which affect tax and liability issues. We suggest you research each legal structure thoroughly, and consult a tax accountant and/or attorney prior to making your decision.
Wheeling Business Name Businesses that use a name other than the owner's must register the fictitious name with the county as required by the Trade Name Registration Act. Check for the appropriate name of the Trade Name Registration Act in your area. This does not apply to corporations doing business under their corporate name or to those practicing any profession under a partnership name.
Trademarks Trademarks are names or symbols used in any commerce that is subject to regulation by state government or the U.S. Congress.
Starting a business in Wheeling
In 1861, Virginians in the northwestern part of the state defied Virginia's secession from the United States. The region chose to remain in the Union and form a new state. West Virginia was admitted into the Union in 1863, after conditions requiring the gradual emancipation of slaves had been met. The state motto is "Mountaineers are always free," and West Virginia lives up to its nickname of the "Mountain State." With an average altitude of 1,500 feet above sea level, it's the highest of any state east of the Mississippi River. For a long time, West Virginia was a leading producer of coal in North America, but many people left to pursue better employment opportunities. That trend has turned around, and now the state's economy is in a more stable condition. The capital is Charleston, and the state flower is the big rhododendron.
Incorporation
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