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April 29, 2022 Douglas Davis

A hobby is an activity that someone pursues because they enjoy it without any intention of making a profit. A business, on the other hand, is operated to make a profit.   How

November 4, 2021 Douglas Davis

A common misconception is that only wealthy families and people in high-risk professions need to have an asset protection plan. But in reality, anyone can be sued. A car accident, foreclosure, unpaid medical

July 15, 2021 Douglas Davis

If you are starting a new business, there are so many things to consider and think about. But it’s important, in the midst of all of this, not to overlook federal, state, and

June 30, 2021 Douglas Davis

When buying or selling a business there are many issues to consider and ultimately resolve in order to ensure that both parties receive what they have bargained for. Every transaction is unique and

March 17, 2021 Douglas Davis

As a member of an LLC, you may owe a fiduciary duty to the company. The two key fiduciary duties are the duty of loyalty and the duty of care. Whether you have

February 4, 2021 Douglas Davis

You and several friends start a new business and decide to operate it as a limited liability company (LLC). Now that you’ve completed the first step—choosing a business entity—it is now important to

June 17, 2020 SuAnne Bryant

Virginia has historically been known as a business-friendly state, with relatively few laws enacted specifically for the protection of employees. That reputation will certainly change as the seismic shift in the political landscape

March 31, 2020 Douglas Davis

Part 1: Coronavirus Preparedness and Response Supplemental Appropriations Act, PL 116-123 (March 6, 2020) ECONOMIC INJURY DISASTER (“EID”) LOANS As authorized by PL116-123, the SBA has made Economic Injury Disaster Loans ("EID Loans")

February 5, 2020 Douglas Davis

If you are starting a new business, there are so many things to consider and think about. But it’s important, in the midst of all of this, not to overlook federal, state, and

December 17, 2019 Davis Law Group

Whether you’re a large, enterprise-level corporation or a small two-person partnership, good record keeping is critical to running a successful and efficient business. Regardless of your business structure - sole proprietorship, partnership, LLC,