Posts

Five Great Sources of Franchising Information for the Prospective Franchisor
December 28, 2020

1. International Franchise Association. Arguably the premier membership organization of franchisors, franchisees, and suppliers to the franchise industry, this organization and its web site offer a wealth of information about all aspects of…

Do You Want to Franchise Your Business?
September 14, 2020

For companies launching a new franchise system, Perkins Law can provide cost-effective legal assistance: Preparing necessary documents for the offering and sale of franchises Drafting Franchise Disclosure Documents (FDDs), franchise…

New Central Virginia Regional Sales and Use Tax Going into Effect October 1, 2020
August 19, 2020

A new .7% regional retail sales and use tax will be imposed in Central Virginia (including the city of Richmond, Charles City, Chesterfield, Goochland, Hanover (including the town of Ashland), Henrico, New Kent, and Powhatan counties. This…

Thumbs Up to ForwardRVA for its Efforts to Help the Local Small Biz Community
May 22, 2020

A new program, ForwardRVA, has been organized by Chamber RVA and local business, government, and community leaders to provide resources to support local businesses in reopening and operating safely. Specifically, ForwardRVA is offering free…

New Guidance from Dept. of Treasury Offers Comfort to Small Business PPP Borrowers
May 13, 2020

As a follow up to a recent post about concern and confusion among many small business owners about whether they should consider returning their PPP loans this month, those concerns should largely disappear thanks to a newly published PPP FAQ…

How Much Should a PPP Borrower Worry About SBA FAQ Question 31?
May 07, 2020

Small business owners across America have scrambled over the past month to obtain over $5 billion in PPP loans with the promise that such loans will be forgiven if proceeds are used to retain employees and cover certain types of business expenses…

A Few Things Small Business Owners Should Know About PPP Loans
May 07, 2020

The Paycheck Protection Program (PPP) is a massive loan program designed to incentivize small businesses to retain staff during the COVID-19 pandemic. Aside from the immediate infusion of capital to help address short-term cash flow concerns,…