The Covid-19 pandemic has impacted all industries, and today it’s a bonanza for content creators.
With so much uncertainty, people are looking for ways to entertain themselves. Short-form content – such as blogs and podcasts – are among the most accessible options.
If you’re looking to create content for profit, you can register a Virginia-based online writing company and get started today.
Why Start An Online Writing Business?
You might be wondering why you should consider starting an online writing company when you could simply go to the nearest café and grab yourself some coffee. Well, this is a question that we get asked a lot.
The answer is a simple one: building a brand. When people hear the word “brand,” they often think of large corporate entities with recognizable logos and famous slogans. However, a brand is much more than a logo or a slogan. It’s the sum total of everything a company stands for.
By establishing a brand for your company, you are telling the world – specifically, your audience – what you’re all about. In today’s world, a brand’s value is often measured in dollars and cents. However, in the content creation world, a brand’s value is in its meaning to the target audience. Consider hiring a branding consultant to help you build a brand for your company.
Where Can You Publish Your Work?
Once you’ve registered your company, you’ll want to figure out where you’re going to publish your work. Your options here include the traditional – i.e. books – as well as the online worlds of blogging and social media.
Blogs are an incredibly popular way to publish content and gain exposure. With a blog, you are essentially creating a marketing platform. The aim is to engage with your audience and convince them to click on your company’s links and visit your website. Along the way, you’ll be gathering feedback and improving product discussion based on what your readers say.
On the other hand, social media provides an excellent platform for publishing content and connecting with potential customers. Companies such as Twitter, Facebook, and Google+ make it easy for businesses of all sizes to publish content and gain exposure. Your social media manager will help you determine the best platforms to use and will help you establish consistent content creation strategies across each one.
How Much Does It Cost To Register A Company?
The cost to register a company in Virginia depends on a few factors. How many employees do you have? How big is your company? The cost to register a company ranges from a few hundred to a few thousand dollars, depending on the industry.
You’ll also need to decide how you want to be taxed. There are five options available to you: S Corporation, C Corporation, Limited Liability Company, Partnership, or Sole Proprietorship. For a Limited Liability Company or a Partnership, you’ll need to file IRS Form 8832. For a corporation or an S Corporation, you’ll need to file IRS Form 2554. For a Sole Proprietorship, you’ll just need to file IRS Form 1040.
Where Does The Money Come From?
The money to maintain a company comes from somewhere. You can either choose to receive grants and loans during the pandemic from the Small Business Association (SBA) or you can look for private investments. The majority of businesses will opt for the first option during these times.
However, establishing a brand and building a customer base takes time. During the pandemic, it’s all about speeding up the process. Once the economy returns to normal, you’ll be able to pursue brand-building and investment opportunities.
To get started, simply use this link to launch the VA Business License Application. The VA Department of Commerce will then walk you through the process of establishing your company and getting your license.