Richmond Business Information
Many businesses in Richmond revolve around law firms and finance. There are various companies in the city associated with these industries and include CapitalOne, Philip Morris USA, Hunton & Williams and William Mullen. However, law and finance are not the only industries that prosper here.
The creation of the Virginia Biotechnology Research Park has led to the establishment of many pharmaceutical and medical research companies. Large companies, including Philip Morris and the United Network of Organ Sharing, have opened offices there. Other companies include SunTrust Bank and the Southern States Cooperative.
Another industry that is notable in the area is advertising due to the presence of The Martin Agency which was named the US Agency of the Year in 2009 by AdWeek.
Doing business in Richmond requires that businesses follow various rules and regulations to help reduce those deemed to be fly-by-night operators, and relevant licenses need to be acquired.