Tag Archives: small business

12 Things You Need to Know About Buying or Selling a Small Business

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 will require the assistance of your attorney, CPA and other trusted advisors, but at a minimum, the following should be considered:
Confidentiality/Non-Disclosure Agreement When entering...
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How to Protect Your Small Business from Cyber Attacks

Cybersecurity is a growing concern for businesses, and small businesses are not immune from the threats posed by cybercriminals.

Don’t be complacent because your business is small: Almost half of all cyberattacks in the U.S. are directed at small businesses. In recognition of this serious problem, in August 2018, President Trump signed into law the NIST...
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What Franchise and Multilevel Marketing Business Owners Need to Know About Estate Planning

Franchise and multilevel marketing (MLM) businesses are often attractive because they offer people the chance to start a small business with a well-known brand and an established business model.

However, they present different estate planning challenges than other types of small businesses because the rights and obligations of franchisees and multilevel marketers are spelled out in...
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Is Your Business Ready for the Tidal Wave of Changes to Virginia Employment Laws?

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 of Virginia has resulted in a virtual tsunami of changes designed to protect employees.  While the Covid-19 pandemic and resulting government-imposed restrictions on...
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