Five Nonprofit Board Governance Mistakes
January 29, 2021

Here are a few commonly observed mistakes made by nonprofit organizations when it comes to governance and compliance. If you serve on a nonprofit board, ask yourself whether your organization could use some help addressing any of these important…

Franchising as a Path to Business Ownership in 2021
January 20, 2021

If you are thinking about franchising as a path to business ownership in 2021, then consider signing up for an upcoming virtual SCORE workshop “Become Your Own Boss Through Franchise Ownership” with featured speaker Rich Salon on Wednesday,…

Great News for Startup Nonprofit Organizations: IRS Form 1023 Now Filed Electronically
January 13, 2021

The IRS made life a bit easier last year for new nonprofit organizations by requiring that all Form 1023 filings be made electronically through the online platform Pay.gov. The online Form 1203 application is substantially similar to the…

Choice of Entity Question for Professional Service Providers in Virginia: Professional Limited Liability Company v. Limited Liability Company
January 11, 2021

The limited liability company (“LLC”) has emerged as the entity of choice throughout the small business community over the past 25 years. However, for many professional service providers, Virginia offers another, yet confusingly similar,…