Are you considering becoming a franchise owner? When done correctly, franchising is a great way of doing business for both franchisors and franchisees. Success is not guaranteed, however, and franchised businesses can and do fail. To improve their chances of long term success, prospective franchisees have to do their homework (lawyers refer to it as […]
Virginia is consistently ranked as one of the best places in America in which to do business. Virginia’s business entity statutes offer entrepreneurs a variety of options for structuring new business activities and investments. Click here for a five-minute crash course on the basics of Virginia business entities. Not sure which form of entity makes sense […]
Receiving an IRS determination letter recognizing tax-exempt status is an exciting moment in the existence of a young nonprofit organization, but there are many other legal, compliance, and governance issues to consider in the months and years to come. Read a few tips here and contact Perkins Law with questions. Ask us about our flat fee […]
Perkins Law was excited to be a sponsor of the most recent Virginia Franchise Forum networking event at the Westwood Club. For the 8th year in a row, FRANdata presented its franchising year in review and forecast for next year. Senior research analyst Anya Nowakowski gave a fact-filled presentation and eagerly responded to questions from […]
Like a good movie, employment relationships have a beginning, middle, and end. As a small business owner, neglecting any of them can lead to big trouble for your business. The termination process can be particularly stressful for employers, so it is helpful to approach that reality of small business ownership with care and proper planning. […]
After his impressive keynote address at the 2016 Clio Conference in Chicago, I could not wait to read Gary Vaynerchuk’s latest book, #AskGaryVee: One Entrepreneur’s Take on Leadership, Social Media, and Self-Awareness. A thoroughly entertaining and informative compilation of questions and answers from Gary’s regular #Ask GaryVee Show on YouTube, where he fields questions on marketing, […]
Perkins Law had a great time exhibiting at the recent Home-Based Business Resource Fair and Conference in Williamsburg organized by he York County Chamber of Commerce. Well over 100 small business owners and entrepreneurs attended a full day of workshops, panel discussions, and networking. One or my favorite presenters was Alice Cooke, owner of CakeAlicious in […]
Thank you to today’s attendees and the Richmond SCORE chapter for the invitation to speak at today’s First Step Workshop for Prospective Business Owners. Here’s a quick list of some of the topics discussed during my session: 1. Business entities in Virginia–lots of choices, 2. Why sole proprietorships are NOT the best choice for […]
Richmond small business attorney Eric Perkins has again been selected by Virginia Business magazine as a “Legal Elite” in the Business Law category. 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 2016, 1,300 lawyers nominated nearly 3,800 […]
Thumbs up to Patagonia, one of today’s leading social entrepreneurs for donating 100% of its Black Friday sales to charity. A great example of how benefit corporations are making a difference in communities across the nation. Coming up soon is the anticipated release of the 2016 edition of the Perkins Law Mater List of Virginia Benefit Corporations, marking the […]