Starting Your Own Business?Feb 10, 2014

Starting Your Own Business

Many people dream of starting their own business—of truly becoming their own boss. Planned and executed correctly, doing so can be both financially and personally rewarding. On the other hand, there are many pitfalls and mistakes that can all too often bring a premature end to such dreams.

One important way that new business owners can improve their chances of success is talk to an accountant. At MJW, we specialize in helping new businesses get off to a good start by providing valuable guidance on a number of critical issues, including deadlines, filing requirements that come with incorporating a business, and alternatives for avoiding such requirements. We can also help the new business owner understand some of the other important considerations—such as the type of license even a small consulting business may require, new taxes that may apply, and many other matters.

Make no mistake: being your own boss is great—but getting the right advice early on can make a huge difference. At MJW, we’ve advised many individuals who are just starting out—and we will be happy to help you, as well.

New Business Resources

Below are some links to northern Virginia county and city government websites, where you can find useful information about the requirements for licensing your business and various related resources.

Fairfax County

City of Fairfax

Arlington County

City of Alexandria

Loudoun County

Prince William County

If you’re ready to start your own business, contact us to speak with a tax professional.

T 703.237.2500

F 703.237.3616

6402 Arlington Blvd., Suite 1130
Falls Church, VA 22042-2333