Title: Identify steps needed to establish a photography business.
Course: Commercial Photography II (11052-II) > Section: Establishing a Photography Business

Identification should include

- type of business (e.g., sole proprietorship, S-corporation, limited liability company [LLC], corporation)
- licensing requirements (e.g., register with State Corporation Commission [SCC], local business licenses)
- tax and accounting requirements (e.g., state sales tax reporting, income tax)
- registering trade name.

Process/Skill Questions:

- What are the different types of business entities?
- What are the pros and cons of different business entities?
- What licensing requirements does the Commonwealth of Virginia have for new businesses?
- What tax and accounting responsibilities does a business have?
- How is a trade name (locally vs. nationally) registered?