January 24, 2021  
 
  Entrepreneurial Resources - Advice for Virginia Entrepreneurs  
  Quantico, Virginia Resources for Entrepreneurs  
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Opening a Business in Quantico, Virginia

Contemplating starting a business in Quantico, Virginia? We walk you through the process of opening a business in Quantico.

Are You Ready for Life as an Owner?

Before announcing to the world that you are going to start your own business, assess your entrepreneurial instincts and capabilities.

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:

  • Talk to other entrepreneurs in Quantico. Listen closely to their experiences and see if you think you too can be successful.
  • We recommend reading Characteristics of Successful Entrepreneurs. For aspiring new entrepreneurs, it's a must read article.
  • Seek the advice of somebody who knows you well. Ask them directly: Do I have what it takes to be an entrepreneur? Listen carefully to their answer, as they presumably know your strengths and weaknesses.

Choosing the Right Company to Start

There are many businesses that you can start. How do you know which type of business is right for you? You might get some good ideas about what kind of business to start by reading Finding Your Niche in Life.

For in-depth how-to guides on how to start specific businesses, browse our Good Businesses to Start section of our site. For example, you might be interested in our Starting a Crane Inspection & Testing Business guide or our How to Start a Truck Washing & Cleaning Business guide.

Remember that your new startup will be located in Quantico. Think about what needs are currently being underserved in Quantico. Make sure you fully understand Quantico demographics before you lock in on your business idea.

Quantico, Virginia Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 138
5-9 Employees 57
10-19 Employees 39
20-49 Employees 15
50-99 Employees 15
100-249 Employees 9
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Quantico Businesses 273

As a new Quantico entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Quantico 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
Baked Goods Stores 1
Barber Shops 1
Civic and Social Organizations 2
Computer Facilities Management Services 1
Computer Systems Design Services 3
Credit Unions 5
Custom Computer Programming Services 5
Elementary and Secondary Schools 1
Emergency and Other Relief Services 2
Engineering Services 3
Fitness and Recreational Sports Centers 1
Food Service Contractors 3
Full-Service Restaurants 4
Gift, Novelty, and Souvenir Stores 1
Grantmaking Foundations 1
Insurance Agencies and Brokerages 2
Investment Advice 1
Janitorial Services 2
Limited-Service Restaurants 8
Marketing Consulting Services 1
Men's Clothing Stores 1
Offices of Dentists 1
Optical Goods Stores 1
Periodical Publishers 1
Pet and Pet Supplies Stores 1
Professional Organizations 2
Retail Bakeries 1
Security Guards and Patrol Services 1
Snack and Nonalcoholic Beverage Bars 2
Tire Dealers 1
Used Merchandise Stores 1
Vocational Rehabilitation Services 1
Wired Telecommunications Carriers 2

Have You Considered Franchising?

As you drive around Quantico, you'll notice that many local entrepreneurs have gone the franchising route. But is franchising the right option for you?

Most business experts recommend that you look into purchasing a franchise. We have many articles on franchises, such as Questions to Ask Franchisors. Become a franchising expert of sorts by reading more of our Articles on Franchising.

You can review hundreds of franchise opportunities by browing our Franchise Directory.

Representative franchise opportunities include Choice Hotels and Mad Science. Alternatively, you can browse franchise categories, such as Restaurant Franchises and Donut Shop Franchises.

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

Naming the Company

Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.

Companies like Starbucks, Apple, Target, Microsoft and Intuit all have strong company names that are easy to remember and have become well-loved brands. Wouldn't it be nice if your new company name got on a similar track?

For other considerations regarding naming a company, we recommend this article: Naming a Company.

As a final piece of advice, remember that because you are opening a business in Quantico, it's very important that you make sure no other Virginia company is using the business name you want to use.

Forming a Company in Quantico, Virginia

A critical step is ensuring that your business is formed as a legal entity that is separate from its owners. Without a legal structure for the business, you can be held personally liable for the actions, debts and obligations of your company.

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. A key decision is whether to form and S-Corp or a C-Corp, and you also must decide in which state you will incorporate. If you are starting a business in Virginia, you don't necessarily have to incorporate in Virginia. As it turns out, you can incorporate in the state of your choosing. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.

There are many nuances to forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Where to Incorporate. You may also want to seek the advice of an lawyer. Finally, if you are starting a business in Quantico, Virginia, our information on Incorporating in Virginia may be a useful resource if you decide to incorporate in Virginia.

Promoting Your New Company

To rise above the crowd in Quantico and build your business, having an excellent marketing plan is fundamental to your succeeding.

You can learn quite a bit about marketing on our site. How to Market to Accountants and CPAs is a good read to get your marketing juices flowing. That's just a taste of the many useful articles we have on Marketing a Small Business.

Never Give Up

You have a dream -- starting a business in Quantico. To achieve your dream, you have to persevere, even when the odds are against you.

From this point on, you control your own destiny.

Our goal here is to promote the vitality and growth of small businesses in Quantico and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Quantico entrepreneur who is just getting started or you are already up and running with your new venture.

More Entrepreneurial Resources for Starting a Business in Quantico, Virginia

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

 

 

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