Virginia Business Startup Guides

Open a Business in Independence, Virginia

Need help starting a business in Independence, Virginia? We've got the information you need to open a business in Independence.

Will You Be a Successful Entrepreneur?

Most startup ventures do not succeed, in part because the entrepreneur did not have the perseverance and abilities that are necessary to succeed. So, before you open a business, consider all of the implications of being an entrepreneur.

Here are three things we recommend you do before you fully commit to starting a new business of your own.

  • Speak with other entrepreneurs in Independence. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
  • You should read The Entrepreneurial Personality. It's a good read for those who are thinking about becoming an entrepreneur.
  • Reach out to a trusted acquaintance. Others sometimes know you better than you know yourself.

Which Business to Choose?

An important decision is what kind of business you want to start. If you are struggling with what type of business to start, read Good Business Ideas.

To view an extensive list of business types, complete with startup instructions, spend some time in the Good Businesses to Start section of our site. For example, you might be interested in our How to Start a Wholesale or Manufacturer of Laboratory Equipment & Supplies Business guide or our Opening a Textile Painting Business guide.

Don't forget that starting a business in Independence has some implications. Some businesses will do better in Independence than others. Make sure you fully understand Independence demographics before you lock in on your business idea.

Independence, Virginia Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
1815
5-9 Employees
660
10-19 Employees
198
20-49 Employees
264
50-99 Employees
33
100-249 Employees
132
250-499 Employees
0
500-999 Employees
0
1000+ Employees
0
All Independence Businesses
3102

As a new Independence entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Independence 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
Automotive Parts and Accessories Stores
2
Bottled Water Manufacturing
1
Computer Systems Design Services
1
Flooring Contractors
2
Florists
1
Full-Service Restaurants
2
Funeral Homes and Funeral Services
1
Furniture Stores
1
General Warehousing and Storage
1
Homes for the Elderly
1
Insurance Agencies and Brokerages
5
Jewelry Stores
1
Libraries and Archives
1
Limited-Service Restaurants
2
Logging
2
Mail-Order Houses
1
New Car Dealers
4
Newspaper Publishers
1
Nonwoven Fabric Mills
1
Nursing Care Facilities
1
Offices of Dentists
2
Offices of Lawyers
2
Pharmacies and Drug Stores
2
Sawmills
1
Siding Contractors
1
Site Preparation Contractors
3
Snack and Nonalcoholic Beverage Bars
1
Temporary Help Services
1
Tire Retreading
1
Title Abstract and Settlement Offices
1

Have You Considered Buying an Existing Independence Business?

An excellent way to get started in business is to Buy a Business in Virginia. Follow that link and you may find several good businesses for sale in Independence.

For anybody who wants to buy a business, we recommend reading this useful article: Hold Harmless Agreements When Buying Businesses.

Do You Need a Business Plan?

Writing a business plan is vital in maximizing the prospects of your new company. Indeed, a business plan is a written description of the future you envision for your business. Starting a business without a business plan will greatly reduce your chances of business success.

To learn more about business plans, read Business Plan Contests. A great resource for business planning assistance is the free business counselors available to you through your local SCORE chapter in Virginia.

The Art of Selling

Mastering the art of selling is a must if you want your new Independence business to do well.

The key to selling is to set sales goals goals and monitor your progress towards those goals. Fortunately, we've got plenty of good advice to help you improve your selling skills.

Anticipating Prospect Responses is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.

What's Next?

Most new Independence businesses underestimate the number of challenges they will face.

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

This site is all about helping entrepreneurs in Independence and elsewhere to achieve real success. We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.

More Entrepreneurial Resources for Starting a Business in Independence, Virginia

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

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