From Perkins Law, by Eric C. Perkins, Esq.: Small business owners across America have scrambled over the past month to obtain over $5 billion in PPP loans with the promise that such loans will be forgiven if proceeds are used to
From Perkins Law, by Eric C. Perkins, Esq.: Seller financing is a common strategy in small business acquisitions to get deals done that otherwise would not be possible. Simply put, seller financing is a loan made by the seller of a
From Perkins Law, by Eric C. Perkins, Esq.: Your efforts as a “solopreneur” are paying off and you are looking to hire your first employee to help manage the growth of your business. While not an exhaustive treatise on all
The holiday season is a busy time for retail business, but also for those looking to procure gifts without necessarily paying for them. Stores are often overcrowded and people are extra hurried, making the holiday shopping period a prime time
From Perkins Law: One of the early formation tasks for a small business start up in Virginia (typically after forming a new business entity with the State Corporation Commission and applying for a federal EIN from the IRS) is to apply
From Perkins Law, PLLC: For most small business owners, the idea of even considering a succession plan pops to mind only when tragedy strikes or the owner starts giving serious thought to retiring or otherwise getting out of the business.
From SCORE Richmond by Doug Carleton: The yield curve has inverted before every recession since 1955. So what is it? It is simply when interest rates on short-term U.S. Government bonds are higher than the interest rates paid on long-term
From SCORE Richmond by Doug Carleton: With interest rates continuing to fall, if you have existing business debt it may be worth looking to see whether it might be eligible to refinance with an SBA loan in order to lower
From SCORE Richmond by Doug Carleton: A few of you may have had to take Economics 101 in college. A few of you might have even been able to stay awake for the whole class. When the good times are
From SCORE Richmond by Doug Carleton: Maybe even a lot more depending on which bike. Tariffs again. One specific example illustrating last week’s post, “Higher Prices at the Store” is the bicycle industry. For example, a Richmond, Virginia company founded
