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If you’re an entrepreneur ready to start your business, you may be asking yourself questions like “do I need a business plan” and “where can I get the best small business insurance in Virginia”?

If you are wondering how to start a small business in Virginia, you are in the right place!  Literally!  Virginia is the 3rd best state to start a small business thanks to a great education system and strong workforce.

Steps To Starting A Small Business In Virginia

1. Create a business plan - This document will summarize your operational and financial goals.  It can include competitor analysis, identifying your target audience, and sales strategy.
2. Choose a business structure - Research the various business structures and choose the one that will fit your business the best.  The most common types are sole proprietor, general or limited partnerships, LLCs, C corporations, and S corporations.
3. Make it official - You will need to name and register your business with the state.  You may also need an EIN and some business types will also need a license.
4. Get small business insurance - In Virginia, small business insurance is critical in protecting you, your employees, and your business.  You may need commercial general liability insurance, commercial property insurance, commercial automobile insurance, commercial liability insurance, or professional liability insurance.  We recommend talking to an insurance expert to ensure you have small business insurance in Virginia that will protect you and your business.
5. Open a business bank account - It’s important to keep your personal and business finances separate, so a business bank account and credit card will be necessary.  
6. Market your business - In order for your new business to be successful, you’ll need customers!  There are many DIY options for building a website, or you can hire a designer to ensure you have a professional and functional online presence.  Set up your social media accounts and consider hiring a social media marketing expert.

Find The Best Rates For Small Business Insurance In Virginia

We understand wanting to keep costs low when you are starting your small business.  When it comes to your small business insurance EZInsurance Advisor can help make sure your business has the coverage that it needs at the best rates for small business insurance in Virginia!  Learn more about commercial insurance for your small business by downloading our free e-book today!