The merger of two Virginia businesses occurs when one entity buys the other or they otherwise choose to combine their operations into one individual structure. Business mergers can make good business sense when merging financially benefits the parties. Unfortunately,...
Virginia recognizes a number of different business structures that individuals may use when they set up their new entities. From the simple sole proprietorship to the more complex S-Corporation, there are a myriad of structures that individuals may assess before they...
Sometimes a business in Virginia falls on hard financial times. Even if a business slashes its budget it could find that it simply isn't making enough of a profit to meet all its liabilities. When this happens, the business may want to file for Chapter 11 bankruptcy....
Business owners in Virginia may spend many years cultivating their enterprise. However, sometimes an opportunity to transfer ownership of the business presents itself. This is known as a "buyout." A buyout is a transaction under business law in which ownership of a...
The business world in Virginia is ever-evolving. It is not unusual to hear of companies merging, especially large companies. These can be multi-million-dollar deals, so it can help to have a basic understanding of the variety of activities that fall under the umbrella...
A person can put all their effort into their small business, but sometimes due to market conditions, consumer demands or other unforeseen issues, a business in Virginia can repeatedly fail to turn a profit. If this goes on long enough a business owner may decide that...
Business owners have a lot of stake in their enterprise, financially and personally. They may work hard to see that their business is a success. However, they may also want to be shielded from personal liability for the debts and actions of the business. This can be...
Most employers in Virginia want to ensure they keep their premises safe for their workers. They know that workers have certain rights should they be exposed to dangerous work conditions. In fact, the Occupational Safety and Health Act, outlines the regulatory...
Many entrepreneurs in Virginia are struck with a fantastic idea for a business. These potential business owners may be in a hurry to set their ideas into motion. However, before the business can open its doors, a number of steps must be taken.First, the right business...
When two entrepreneurs in Richmond join forces to establish a partnership, they often have grand dreams of business success. And, many do see their partnership grow into a profitable business. Partnerships are a popular type of business entity that is relatively easy...