January 26, 2021  
 
  Entrepreneurial Resources - Advice for Virginia Entrepreneurs  
  Farmville, Virginia Resources for Entrepreneurs  
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Start a Business in Farmville, Virginia

Are you starting a business in Farmville, Virginia? This article discusses the most important things to consider when opening a business in Farmville.

Are You Sure You Want to Do This?

An entrepreneurial life is difficult, much harder than working as an employee. Are you sure you want to start a business?

Because entrepreneurship is not for everyone, we recommend you do the following to help you assess whether you should move forward with starting a business:

  • Speak with other entrepreneurs in Farmville. Ask them candidly what it's like to run a business.
  • You should read Business Failure. It's a good read for those who are thinking about becoming an entrepreneur.
  • Involve a spouse, family member or trusted friend in the decision. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.

Farmville, Virginia Demographic Information

Farmville has an active business community that includes small businesses, mid-sized businesses and large businesses.

To give you a better feel for Farmville demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Farmville.

Business Size# of
Businesses
1-4 Employees 1492
5-9 Employees 552
10-19 Employees 462
20-49 Employees 282
50-99 Employees 48
100-249 Employees 24
250-499 Employees 24
500-999 Employees 0
1000+ Employees 0
All Farmville Businesses 2884

As a new Farmville entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Farmville for each business category. By looking at this chart, you can get a general sense for how much competition there is in the business niche that you are pursuing.

Business Type # of
Businesses
Architectural Services 1
Automotive Glass Replacement Shops 1
Automotive Parts and Accessories Stores 3
Baked Goods Stores 1
Beauty Salons 10
Beer, Wine, and Liquor Stores 1
Book Stores 1
Bowling Centers 1
Business Associations 3
Cable and Other Program Distribution 1
Caterers 1
Cement Manufacturing 1
Cemeteries and Crematories 1
Child and Youth Services 1
Child Day Care Services 3
Civic and Social Organizations 1
Clothing Accessories Stores 2
Coin-Operated Laundries and Drycleaners 3
Commercial Lithographic Printing 1
Commercial Screen Printing 1
Community Food Services 1
Consumer Lending 2
Convenience Stores 3
Custom Computer Programming Services 1
Cut Stock, Resawing Lumber, and Planing 1
Diagnostic Imaging Centers 1
Diet and Weight Reducing Centers 1
Direct Life Insurance Carriers 2
Drywall and Insulation Contractors 2
Electric Power Distribution 1
Electrical Contractors 5
Electronic Shopping 1
Elementary and Secondary Schools 1
Employment Placement Agencies 1
Engineering Services 1
Family Clothing Stores 2
Fine Arts Schools 1
Fitness and Recreational Sports Centers 3
Floor Covering Stores 4
Flooring Contractors 3
Florists 2
Food Service Contractors 1
Formal Wear and Costume Rental 1
Full-Service Restaurants 19
Funeral Homes and Funeral Services 4
Furniture Stores 7
General Automotive Repair 5
General Freight Trucking, Local 1
General Medical and Surgical Hospitals 1
General Rental Centers 1
Gift, Novelty, and Souvenir Stores 2
Golf Courses and Country Clubs 2
Grantmaking Foundations 1
Heating Oil Dealers 1
Home Centers 1
Home Health Care Services 5
Home Health Equipment Rental 2
Homes for the Elderly 3
Household Appliance Stores 2
Industrial Launderers 1
Insurance Agencies and Brokerages 10
Interior Design Services 1
Internet Service Providers 2
Investment Advice 1
Janitorial Services 1
Jewelry Stores 2
Kidney Dialysis Centers 1
Land Subdivision 1
Lessors of Other Real Estate Property 1
Libraries and Archives 1
Limited-Service Restaurants 12
Logging 2
Manufactured (Mobile) Home Dealers 3
Masonry Contractors 5
Medical Laboratories 1
Men's Clothing Stores 3
Motor Vehicle Towing 1
New Car Dealers 3
New Housing Operative Builders 1
Newspaper Publishers 1
Nursing Care Facilities 1
Office Administrative Services 1
Offices of Certified Public Accountants 4
Offices of Chiropractors 3
Offices of Dentists 5
Offices of Lawyers 10
Offices of Optometrists 3
Optical Goods Stores 2
Outdoor Power Equipment Stores 1
Paint and Wallpaper Stores 1
Painting and Wall Covering Contractors 2
Pet and Pet Supplies Stores 1
Pharmacies and Drug Stores 3
Photography Studios, Portrait 1
Radio Stations 2
Real Estate Credit 1
Residential Property Managers 1
Residential Remodelers 4
Roofing Contractors 2
Sawmills 2
Securities Brokerage 3
Shoe Stores 2
Siding Contractors 1
Sign Manufacturing 1
Site Preparation Contractors 7
Snack and Nonalcoholic Beverage Bars 1
Tax Preparation Services 3
Taxi Service 1
Temporary Help Services 1
Tile and Terrazzo Contractors 1
Tire Dealers 2
Title Abstract and Settlement Offices 3
Travel Agencies 1
Used Car Dealers 5
Used Merchandise Stores 3
Veterinary Services 2
Video Tape and Disc Rental 1
Vocational Rehabilitation Services 2
Warehouse Clubs and Supercenters 1
Wholesale Trade Agents and Brokers 2
Wired Telecommunications Carriers 4
Women's Clothing Stores 3

Should You Franchise?

As you drive around Farmville, it's apparent that franchising has become a very popular way to start a business. Should you be giving franchising serious consideration?

We highly recommend you consider franchising as an option. We have many articles on franchises, such as Credit and Franchise Purchasing. Become a franchising expert of sorts by reading more of our Articles on Franchising.

To learn about specific franchise opportunities, check out our Franchise Directory.

Representative franchise opportunities include Mr. Sub and LA Weight Loss Centers. Alternatively, you can browse franchise categories, such as Vending Franchises and eBay Franchises.

Note on Farmville Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Farmville.

Company Formation in Farmville, Virginia

A critical step is ensuring that your business is formed as a legal entity that is separate from its owners. Among other things, forming a legal entity for the business limits your liabilities.

The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.

Incorporating is a very popular way to form a business. Of course, you have to decide which type of corporation to form and where to incorporate. Just because you are starting a business in Virginia, you don't necessarily have to incorporate in Virginia. In fact, you can incorporate in any state you would like to. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.

There's a lot to know about forming a company. To learn the fundamentals of company formation, browse articles on our site, such as Incorporation Advice. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Farmville, Virginia, our information on Incorporating in Virginia may be a useful resource if you decide to incorporate in Virginia.

Marketing Your New Venture

To rise above the crowd in Farmville and build your business, you need a great marketing plan.

You can learn quite a bit about marketing on our site. Advertising on Google is an article that will stimulate a few thoughts on your marketing plan. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.

Increase Your Entrepreneurial Knowledge

Good entrepreneurs know that they need to continually improve.

As an entrepreneur who lives in Farmville, Virginia, you will want to take advantage of the learning programs at local Virginia educational institutions. We also recommend you look into networking organizations for Farmville entrepreneurs.

Next Steps

As an entrepreneur in Farmville, you won't be working for the boss anymore. You are the boss.

Owning your own business will be a daunting task, but you can do it.

We are here to help Farmville businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Farmville, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Farmville, Virginia

Here are more links that we believe will help you be successful in starting a business in Farmville.

 

 

Additional Resources for Entrepreneurs

Buying a Business

Writing a Business Plan

Raising Money

Incorporate

Small Business Marketing

Advertising Advice

Public Relations -

Customer Service Tips

Entrepreneurial Selling

Workplace Safety