REISA Conference a Huge SuccessOctober 01, 2011
Over a thousand leaders in the alternative investment industry wrapped up three days of education and networking at Caesar’s Palace in Las Vegas earlier today.
Perkins Presents Update on JOBS Act and Alternative InvestmentsOctober 01, 2011
Richmond business attorney Eric Perkins of Perkins Law, PLLC presented an update on the JOBS Act and its implications for the alternative investment industry on Wednesday, October 23.
Should a Virginia nonprofit be structured as a membership organization?October 01, 2011
In my experience, there are relatively few situations in which a membership organization is the optimal choice of structure for a Virginia nonprofit organization.
IRS Checking Up on Certain Sectors of the Nonprofit Community in 2013October 01, 2011
The IRS is currently doing a compliance “spot check” on over 1,000 exempt organizations falling under 501(c)(4), (c)(5), and (c)(6) to gather information on these types of self-declared exempt organizations, assess compliance efforts, and promote voluntary compliance...
Note to Small Business Owners—Avoid the Temptation to AstroturfOctober 01, 2011
Astroturfing is the practice of masking the sponsor of a message to give the appearance that it comes from an independent, disinterested source. A business owner would be astrosurfing by posting a positive review of his or her business...
Coming Soon from Perkins Law: The Big List of Virginia Benefit CorporationsOctober 01, 2011
The Perkins Law team is compiling a master list of Virginia benefit corporations–who they are, where they are located, what they do–in an effort to promote greater awareness and understanding of social entrepreneurship in Virginia.
Virginia stock corporations can offer some flexibility tooOctober 01, 2011
When choosing a Virginia business entity, many point to the fewer formalities and paper work as one advantage of conducting business through a Virginia limited liability company rather than a stock corporation.
Don’t Underestimate Importance of Commercial Lease NegotiationsOctober 01, 2011
A commercial lease often represents the most significant legal obligation and expense for a start-up business. Business owners should not take the lease review and negotiation process for granted.
Nonprofit converts to “B” corporation for access to capitalAugust 31, 2011
According to a recent report by Forbes, CouchSurfing.org has decided to convert to a “B” or “Benefit” Corporation in order to receive $7.6 million in funding from Benchmark Capital and the Omidyar Network.
Flip Flop Shop Franchise Debuts in Henrico CountyAugust 07, 2011
The newest franchise to join the local business community is the Flip Flop Shop, which recently opened a location at Short Pump Town Center.