West Virginia Business for Sale – The Business Broker Journal

Per Capita Real GDP: $24,748 Rank: 49/50 (2006)

Population: 1,808,340 Rank: 37/50 (2000)

Per Capita Personal Income: $27,897 Rank: 49/50 (2006)

Unemployment Rate: 4.40% Rank: 23/50 (2008)

Business Tax Climate Index: Rank: 37/50 (2008)

Corporate Tax Rate: 9.00%

Individual Tax Rate: 3% - 6.5%

Sales Tax Rate: 6%

Business Tax Climate Index:

Individual Income Tax Index Rank: 40

Sales Tax Index Rank: 21

Unemployment Insurance Tax Index Rank: 35

Property Tax Index Rank: 26

Business Tax Climate Index: 37

Corporate Tax Index Rank: 28

West Virginia The State

West Virginia is located in the eastern United States within the Appalachian mountain range. The state is almost entirely mountainous, though a few flat areas are located in the river valleys. This gives the state a rugged landscape noted for its natural beauty. The mountainous nature of the terrain also makes large-scale farming virtually impossible. West Virginia was a part of Virginia until the mid 19th century, when 40 western counties opposed Virginia’s secession from the union. These counties subsequently seceded from Virginia and were granted statehood in 1863, creating West Virginia.

State Information

Abbreviation: WV

Capital: Charleston

Nick Name Mountain State

State Web Site: http://www.wv.gov

Motto: Mountaineers are always free

Top 5 Export Partner Countries

Canada, Belgium, Japan, China, Brazil

Top 5 Export Merchandise

Primary Metals Sales

Chemicals Sales

Computers and Electronic Products Manufacturing

Primary Metals Manufacturing

Machinery Manufacturing

Major Cities

Charleston, Huntington

Main Airports:

CRW Yeager Charleston

HTS Tri-State/ Milton J Ferguson Fld Huntington

LWB Greenbrier Valley Lewisburg

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West Virginia City Directory (See below)

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West Virginia Secretary of State:

Secretary of State (SOS): Information about elections, registered businesses, trademarks, and lobbyists.

West Virginia Small Business Administration:

Small Business Administration

Offers business development counseling and training programs and information on SBA loan programs.

West Virginia SCORE Offices

Charleston - Charleston SCORE

Bureau of Business & Economic Research (BBER)

Part of the West Virginia University College of Business and Economics, the BBER is a research oriented center aimed at aiding both state and regional businesses. Its website hosts a wealth of information, from research publications to economic forecasts and public finance. Publications can be accessed online for free, or ordered for a fee.

Business for West Virginia (Business4wv.com)

An online portal for business services in West Virginia, Business4wv.com aims to aid both local and out-of-state companies who wish to establish themselves in the state. Services offered include financial aid, business filings, and several publications for start-ups.

US Export Assistance Center for West Virginia

This branch of the Department of Commerce specializes in helping small to medium sized companies, in West Virginia, develop and execute exporting strategies. Fees vary and are based on the service being provided.

West Virginia Chamber of Commerce

Represented largely by small businesses, the West Virginia Chamber of Commerce is a general business organization, representing the interests of SMBs in the state. It offers a range of services, including advocacy, and research on state policy and legislation. The website also contains a variety of resources and links for business assistance.

West Virginia Development Office (WVDO)

The office is dedicated to promoting West Virginia as an attractive business destination, for both international and national companies. It contains a library of state data, including demographics, natural resources, and technological assets. The site also provides a listing of available business sites, as well as various aids for international firms.

West Virginia High Technology Consortium (WVHTC) Foundation

The WVHTC Foundation is a non-profit organization that aims to foster the growth of a state and nation-wide high-tech business sector. It primarily offers support and guidance for firms initially venturing into the sector. Other services include workforce education, partnership opportunities, and support for international expansion.

West Virginia Open for Business

This website primarily provides monthly reports about state-wide business developments. Additionally, it has resources and links to various economic development projects, and useful information for both doing business, and living in West Virginia.

West Virginia Small Business Development Center (WVSBDC)

The WVSBDC is dedicated to helping the many small businesses and emerging entrepreneurs in West Virginia. It provides a number of free services, as well as financial aid and consulting. The center has 14 branches throughout the state.

WorldTradeWV.com

WorldTradeWV.com is a resource site for West Virginia businesses, who wish to expand into international markets through exporting. It offers export assistance, and numerous links to other sources of information and assistance for global expansion.

WV.gov

The official website of the state of West Virginia, this site provides information on government, business, education, living, visiting, and working in the state. Business links include resources for starting a business in West Virginia, licensing information, and state laws and regulations.

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CO Group Inc

Kathy Bertone

Reston, VA