Posts

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…

Common Questions Regarding Setting Your Salary as a Startup Business Owner
May 29, 2020

Once a startup business is formed and starts generating a profit, owners are faced with the decision of how to begin withdrawing money from the business. Owners that decide to start drawing a salary are faced with an often-controversial issue…

Startup Financing from “Friends and Family”
April 21, 2020

Question: My family is giving me money to fund my business startup, do I need to put anything in writing? Answer: Startup financing from “friends and family” is very common, but usually handled very poorly.  The more these transactions…

What is an Assumed Name Filing?
December 19, 2019

This is also known as a “d/b/a” or “doing business as” filing. If you plan to do business under a trade name that is different than the legal name of your business entity, then you are required to file a Certificate of Assumed Name with…

Figuring Out Which Licenses Apply to Your Business
November 20, 2019

It is not surprising that a restaurant selling alcohol needs a liquor license or that a construction company needs a contractor’s license before it can start building houses or office buildings. But many business owners in different industries…

Compliance Tips for Virginia Business Startups: Director and Officer Responsibilities
July 08, 2019

Responsibility for the day-to-day management of a Virginia corporation resides with the corporation’s directors and officers. The Virginia Stock Corporation Act offers more flexibility than most people realize, however, to structure the management…

RVABizLaw Tip of the Day: Commonly Asked Questions About VA Small Business Startups
February 18, 2019

21 commonly asked questions about Virginia small business startups answered here.  Perkins Law is pleased to offer flat fee packages for Virginia LLC and corporate formations.  

#RVABizLaw Tip of the Day: A Few Thoughts on Seeking Outside Capital for Startup Businesses
April 02, 2018

In order to scale your business, expand to new markets, or other take take your business to the “next level”, it inevitably becomes necessary to seek capital investment from outside investors. Here are a few preliminary tips to keep in mind…

Perkins Law to Exhibit at York County Home-Based Business Resource Fair and Conference
November 16, 2016

Did you know that there are an estimated 38 million home-based small businesses across the U.S.?  The small business community is a driving force in our economy, but too often does not get the attention it deserves.  Well, if you come to the…