Posts

Reminder to Virginia Small Business Owners – Minimum Wage Increase Effective January 1, 2025
August 12, 2024

Just a friendly reminder to all Virginia employers that the minimum wage increases to $12.41/hour effective January 1, 2024.  Click here to view the Memorandum issued by the Commissioner of the Virginia Department of Labor and Industry.

NEW COMPLIANCE REQUIREMENT FOR SMALL BUSINESS OWNERS WHAT YOU NEED TO KNOW STARTING JANUARY 1, 2024
January 10, 2024

Introduction Effective January 1, 2024, the Corporate Transparency Act ("CTA") now imposes reporting requirements on most small business entities (corporations, limited liability companies, certain partnerships, etc.), which will require an…

Quick Summary of the Paycheck Protection Program Flexibility Act of 2020
June 08, 2020

The ongoing response of the federal government to the COVID-19 crisis to protect the small business community continues to evolve. Last week the Paycheck Protection Program Flexibility Act of 2020 was signed into law. The Act significantly…

Why is a General Partnership a Horrible Structure for Small Business Ownership?
May 12, 2020

If you are thinking about starting a new business with one or more business partners, you have a variety of choices in terms of selecting a legal structure for the business. A partnership is the simplest and perhaps the oldest type of business…

Common Mistakes Small Business Owners Make When They Take the DIY Approach
November 25, 2019

Ever hear someone say, “it is much more expensive to clean up a mess than to do it right the first time around”? Well, it is usually true. Every so often a new client reaches out for help after they have tried to set up a new business entity…

Insurance for the Virginia Small Business Owner
September 26, 2019

Managing risk is a critical part of owning a small business. Entrepreneurs manage risk every day in a variety of ways. Insurance is a key component of any risk management strategy, and small business owners should seek assistance from experienced…

Tip for Virginia Small Business Owners on the Right Time to Hire a Business Attorney
September 10, 2019

Many entrepreneurs and small business owners will spend hours scouring the Internet searching for answers to the litany of legal questions that arise on a weekly—if not daily—basis in the course of running a business.  The desire to avoid…

Join us on August 8, 2019 at the Richmond SCORE First Step Workshop for Entrepreneurs and Prospective Business Owners
August 05, 2019

Richmond SCORE’s First Step Workshop for Entrepreneurs and Prospective Business Owners is coming up this Thursday, August 8, 2019 from 8:30 am – 4:00 pm. RVA small business attorney Eric Perkins will discuss business entity formations and…

#RVABizLaw Tip of the Day: Insurance for the Virginia Small Business Owner
March 04, 2019

Managing risk is a critical part of owning a small business. Entrepreneurs manage risk every day in a variety of ways. Insurance is a key component of any risk management strategy, and small business owners should seek assistance from experienced…