Regardless of your political affiliation or your opinions on tax policy, there are at least two provisions of the controversial Tax Cuts and Jobs Act passed by Congress at the end of last year that are detrimental to small business owners….I will certainly miss them. First, deductions for entertainment expenses are now disallowed (as of […]
Selecting a franchise opportunity can be the most important business decision of your life. On top of that, at any given point, there are over 3,000 franchise opportunities being offered for sale (although only about half that amount are registered and available for sale in the Commonwealth of Virginia). There are many issues to consider […]
Small business owners should incorporate charitable giving and community service into their business plans each and every year. For one thing, it is the right thing to do and makes your community a better place in which to live, work, and play. Community service is a tremendous opportunity for building greater rapport with your staff, […]
Even single-owner LLCs should have a written Operating Agreement. Even though it should be relatively short (5-6 pages at the most in most situations), a written Operating Agreement is useful to: (i) memorialize the ownership and management structure of the LLC (e.g., confirming the title you choose to use when signing contracts, printing business cards, […]
It does not matter whether you are a fledging entrepreneur thinking about starting your first business or an experienced business owner with a staff of 50, having a business mentor or executive coach (they use different titles) can be incredibly valuable. RVA entrepreneurs are fortunate to have an extensive choice of experienced coaches and mentors […]
One of the crown jewels of the RVA nonprofit community, Junior Achievement of Central Virginia, is seeking Richmond area entrepreneurs to share their unique experience with high school students by participating in the one-hour JA Launch Lesson. Entrepreneurs will visit one class, for one hour, and share with the students what it means to be […]
Ever thought of investing in a franchised business? Thousands of franchise systems representing virtually every conceivable type of business are actively searching for qualified franchisees 24/7. How does one learn more about franchise opportunities and what they have to offer? A few hours of online research will yield a wealth of information, and a great […]
Perkins Law, PLLC is excited to once again team up with Bon Secours Memorial College of Nursing for the second annual Perkins Law Scholarship for the 2018-2019 academic year. It will provide tuition assistance for a deserving nursing student at the College. Thanks to the overwhelming support by the RVA community, BSMCON is able to award […]
While the legal concepts are pretty simple and straightforward, there always seems to be a lot of confusion and noncompliance when it comes to youth sports and school-related booster clubs and their fundraising efforts. Here is a short article that attempts to clear up some common mistakes and misconceptions.
Take a look at this quick introduction to Virginia LLCs. The LLC has become a popular choice of entity in the Virginia small business community. Reach out anytime for more details (including the Perkins Law flat fee package for Virginia LLC formations)