City of Waynesboro

Review the Business Climate

How it's done

The business climate is the general economic environment that local businesses operate in. Reviewing and understanding the local business climate provides valuable insights about the economy, costs, risks, and incentives that may impact the success of your business. This activity will guide you to better understand the business climate in City of Waynesboro and help you answer the following fundamental questions.

What is the business climate in City of Waynesboro?

We have compiled the most important aspects of City of Waynesboro’s business climate as an interactive dashboard below. This dashboard provides valuable economic, resident, household, dwelling and development indicators that may influence the success of your business.

What costs and assistance should I know about?

Whether you have a new or existing business it is critical to be aware of costs, incentives and grants that impact your business. This dashboard provides you with a snapshot of the major costs of conducting business in City of Waynesboro and assistance available to City of Waynesboro businesses.

To apply for your license, the following steps (applicable to your situation), must be completed before a business license can be issued by the commissioner of the revenue.

  1. Contact the Waynesboro Building and Zoning Department, 250 South Wayne Avenue, Room 206, at 540-942-6628 to verify that the location is properly zoned before you begin operations. If your business is operated from a residence, you will need to obtain prior approval from the Building and Zoning Department and apply for a $50 Home Occupation Permit.
  2. All contractors must register with the State Board of Contractors (804-367-8511) if you are a contractor and will be accepting individual contracts of $1000 or more. We require your state license number for your business license. If your individual contracts are less than $1000 and you do not have to obtain a state license, you will be required to sign a written statement.
  3. Before a food establishment license can be issued by the Commissioner’s Office, the business must be approved by the Waynesboro Health Department (540-949-0137) and a copy of their approval supplied to our office. In addition, if alcoholic beverages are being sold, approval from the ABC Board must be obtained and an additional business license is required.
  4. Contact the clerk of the Circuit Court, 250 South Wayne Avenue, at 540-942-6616 if you will be operating your business under a fictitious trade name. Trade names must be registered with the Clerk’s Office and proof of registration (a copy of the receipt) must be supplied to the Commissioner’s Office.
  5. If your business is incorporated, the documents showing registration with the State Corporation Commission with corporate name and trade name must be supplied to the Commissioner’s Office.

Tax on Personal Property

In addition to obtaining a business license, Waynesboro levies a tax on tangible personal property used in a trade or business (furniture, fixtures, equipment, etc.) on January 1. You must file a return with the commissioner of the revenue by May 1. The payment date for business personal property is December 5.

For more information on business licensing and taxes click here

To learn more about starting a business in Waynesboro, click here

To meet our entrepreneurs and learn about start up assistance, click here

How do I use this information?

Having access to business climate statistics and information is one thing, but it's quite another to use data effectively and in a way that will benefit your business. This next section will help you do just that. Learn how to use this information to make better business decisions.

Monitor the local business climate

On-going assessment of the business climate is an essential part of operating a competitive business. In any business climate, there are numerous factors outside your control that will impact your business, both positively and negatively. The health of the economy impacts all businesses, but small businesses usually feel the effect of economic changes faster than big businesses. Improvements in the economy typically provide a rapid increase in new opportunities for small businesses, while an economic downturn can have a significant and prolonged negative impact.

Unfortunately, you can’t influence the economy, but you can monitor the business climate indicators provided above and then take the necessary actions to minimize risks to your business. Staying up to date with the business climate can also help you identify new opportunities that your business can take advantage of.

Know your costs

All industries are unique and incur different types of costs when starting or operating. Understanding these costs is essential when it comes to setting prices, budgeting and planning for growth or downturns. We’ve provided some of the local costs associated with taxes, development and labor that often get overlooked by businesses. There may be other municipal and state costs that apply to your business so we encourage you to contact us to find out more.

Where can I learn more about the business climate?

While we are providing you with a range of valuable information about the business climate, the fact is that there's much more available. In this section we provide you with links to other websites that will supplement our information and help to keep your finger on the pulse.

There may also be other municipal and state costs that apply to your business so we encourage you to contact us to find out more.

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Waynesboro Economic Development & Tourism

301 W Main Street, Waynesboro, VA, 22980