Posts

Best Practices for Engaging New Employees
March 12, 2021

Small business owners should never underestimate the value of loyal, talented, and hard-working employees, nor should they ever underestimate the tangible and intangible costs of employee turnover. I previously wrote about the steps small business…

SCORE’s Workshop Series Presents – How to Start Your Own Business
February 19, 2021

If you are thinking about starting your own business in 2021, then consider signing up for an upcoming virtual SCORE workshop “How to Start Your Own Business” featuring RVA's small business attorney, Eric Perkins. Speakers will cover such…

Garnishments on the Rise: What Small Business Owners Should Know About Garnishments in Virginia
February 15, 2021

Volatility throughout the small business community arising from the COVID-19 pandemic has led to an increase in debt collection efforts by creditors.  One frequently used collection remedy is referred to as garnishment. What is a Garnishment? Garnishment…

Three Important Things to Know About the Second Round of Paycheck Protection Program Loan Funding
January 05, 2021

At the end of 2020, the Consolidated Appropriations Act, 2021 was passed to provide additional COVID-19 financial relief to the small business and nonprofit community, including a second round of Paycheck Protection Program (PPP) funding (PPP…

UPDATE: REBUILD! VA GRANT FUND EXPANDED
November 16, 2020

The Rebuild VA Grant Fund is a program to help small businesses and nonprofits whose normal operations were disrupted by COVID-19, including restaurants, brick and mortar retail, exercise and fitness facilities, personal care and personal grooming…

Five Tips for Small Business Angel Investing
November 09, 2020

Putting all of your eggs in one basket is rarely a good idea. This is especially true when deciding where to invest your money. Over the past fifty years, an increasing number of investors have ventured into what are referred to as “angel…

SBA Announces Simpler PPP Forgiveness Process for Loans of $50,000 or Less
October 12, 2020

The U.S. Small Business Administration (SBA) released last week a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less. This action streamlines the PPP forgiveness process to provide helpful relief…

15 Steps to Winding Down a Virginia Small Business
October 09, 2020

The process of closing a Virginia small business can range from very simple and straightforward to extremely complex, expensive, and time consuming, depending upon the surrounding facts and circumstances of the business. Just reaching the decision…