A commonly asked question by entrepreneurs and prospective small business owners during initial brainstorming sessions is “Should I go with an LLC or an S corp.?” Well, for many Virginia small businesses, the optimal answer is BOTH. You can own and operate your business through a Virginia limited liability company AND file an election to […]
Proudly introducing the first graduating class of the. Over an hour of sprinting, ball tossing, rolling, and throwing along with a crash course in tennis rules. Thanks to Hermitage Country Club for hosting. Diplomas and official RTA Ball Kid t-shirts were well-earned by today’s participants. Be on the lookout for another training session coming to […]
Enjoyed a great panel discussion with two former colleagues (Stephen Faraci and Scott Golightly) earlier today at the monthly Goochland Chamber lunch gathering. We talked about the importance of doing business through a separate business entity, why LLCs have become the entity of choice for the small business community, business succession planning strategies, and ways to […]
Our nonprofit struggles to recruit and retain volunteers to help with our community events and activities, can we offer financial incentives or other “perks” as a recruiting tool? Reimbursing reasonable out-of-pocket expenses for volunteers is permitted, but if an organization gives anything of value in exchange for volunteer service (items of de minimis value excepted), […]
Richmond small business attorney Eric Perkins has again been selected by Virginia Business magazine as a “Legal Elite” in the Business Law category for 2018. Started in 2000 in cooperation with the Virginia Bar Association, the Legal Elite recognizes lawyers selected by their peers as outstanding attorneys in 18 different practice areas. In 2018, 1,062 […]
The board of a nonprofit organization presided over a membership meeting and announced that a quorum was present at the members meeting, knowing that no quorum existed, and then let the results of the ensuing vote on a controversial issue stand. What can be done to challenge this? ANSWER: In theory, an aggrieved member could […]
Several times each year our 501(c)(3) organization raises funds for a specific cause (or other charity) through a special event or a raffle. Once the event takes place, how long do we have to submit the funds to the designated charity? There is no specific deadline, but funds should be distributed within a reasonable time. What […]
Richmond small business and franchise law firm Perkins Law, PLLC has been recognized by U.S. News & World Report in its “Best Law Firms” rankings for 2019. “Best Law Firms” chooses lawyers based on client and peer reviews, as well as professional excellence.
Registration now open for the Virginia Franchise Forum 11th Anniversary Celebration! Join the VFF for an evening of franchising updates, education, and networking as it marks its 11th anniversary. Industry leader FRANdata returns to present its annual year-end franchising review and forecast for 2019. State Corporation Commission Division of Securities and Retail Franchising officials will […]
Congratulations to Tricia Riggan, recipient of the 2018-2019 Perkins Law Scholarship at the Bon Secours Memorial College of Nursing. College leaders, sponsors, and scholarship recipients enjoyed a recognition luncheon on Monday at CCV. It was inspiring to hear about the great work being done in the classroom and throughout the region by such a passionate and […]