Papers on "Credit Counseling in Virginia" and similar term paper topics

Paper #102507 :: Credit Counseling in Virginia
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This paper details the requirements necessary for starting a credit counseling agency or business in the State of Virginia.

Written in 2008; 1,091 words; 5 sources; APA; $ 38.95

Paper Summary:

The paper relates that in order to start a busines in the State of Virgina, the business must first follow the general business requirements for any start-up enterprise, which include applying for appropriate business licenses and tax forms along with registering or incorporating the business. The paper explains further that in the State of Virginia there are additional forms that must be filed by the credit counseling agency with the Virginia Department of Agriculture and Consumer Services. Finally, the paper looks at the other activities which require an entrepreneur's attention before business can actually be conducted. The paper includes an appendix of annual registration fees.

Outline:
Overview
Business Formation & Licensing
Business Taxes
Credit Counseling Requirements
Conclusion

From the Paper:

"The initial requirement for a business startup in Virginia is to decide what type of business it will be prior to applying for licensure. There are several business structures that can be chosen for a new enterprise: 1) an incorporated entity, 2) limited liability partnerships, 3) sole proprietorships, 4) general partnership, and 5) limited liability companies (Guide, 2006). For the purposes of a credit counseling agency the structure that might be best suited for the enterprise is the fully incorporated business entity."

Tags: incorporated business entity trade name license lease taxes

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