It's not always easy to determine which legal entity option is best for your startup when you're first registering as a small business. The best fit for a legal entity in Virginia depends on what your goals are within the scope of this business. One key consideration...
LLCs and corporations limit your liability, with corporations providing the most protection from lawsuits. Corporations have their downsides too, however. You should weigh the pros and cons of the different business structures in Virginia to find the right match....
Virginia entrepreneurs tend to be focused on enhancing their income and growing their businesses. While these are great areas to focus your attention on, you also need to think about your liability risk. Lawsuits happen every single day to not only big corporations...
When it comes to business formation and planning, a primary consideration is capitalization of a startup enterprise. There are a number of commonly utilized mechanisms for funding a startup venture, including an entrepreneur’s own funds or financing from some type of...
If you are starting a new business in Virginia, then you might be wondering if bringing on a business partner is the right move. While a partner can bring in new resources and knowledge, they also introduce some risk because you have to give up some control of the...
Running a business can be a strenuous undertaking, and if companies experience growth, they may need to work with outside companies in order to complete certain projects. If you have recently decided to team up with an individual or another business, you want to...
You're getting ready to open a business. You and your friend have a great concept in mind, and you've started working on a business plan to help bring your ideas to life. You want to be in a partnership, but you've had people tell you that it's a bad idea to go into...
Employers the world over are trying to measure the impact of COVID-19 on business operations. Many businesses have ceased operations to help combat the virus, but these measures are unsustainable. Temporary closings are turning permanent, cash-on-hand to pay...
You've been interested in starting up your own company for quite some time, but you aren't sure where to start. You know that having a business is complex, and there are many things you need to do. The first thing you'll want to do is to sit down and decide on your...
Starting a new business is an exciting time for any prospective business owner in Virginia. The start-up process can be thrilling for someone who has always wanted to be an entrepreneur, but there are also several important things to consider during this time. The...
