Posts

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: A Dilemma Every Multi-Owner Startup Business Faces
February 07, 2019

A dilemma facing every startup business with more than one owner—how to divide up initial ownership equity?  Bottom line is that there’s no simple answer.  Every situation should be addressed on its own facts and circumstances, but here…

Community Service a Great Part of Small Business Ownership
May 15, 2018

Having the flexibility and freedom of contributing your time, talent, and resources to charitable causes you find worthwhile is one of the best things about owning your own business. Over the course of the past month, I have had a great time…

Perkins Law Limited Liability Company Flat Fee Package
February 12, 2018

Virginia adopted the Virginia Limited Liability Company Act in 1991, and LLCs have quickly emerged as the most popular business entity in Virginia.  According to 2010 SCC statistics, new LLCs outnumber new corporations by more than a 2 to…