Most business partnerships fail….and what you should do about it. | Ryan C. Young | Richmond Business Attorney

Ryan C. Young, Esq.
Most business partnerships fail….and what you should do about it. | Ryan C. Young | Richmond Business Attorney
Many partnerships set themselves up for failure. I have always had an entrepreneurial spirit.  From a very young age, I always envisioned myself running some sort of business.  Prior to becoming a lawyer, I was talking seriously with two friends about potentially opening a restaurant together.  All three of us got so ecstatic about the possibility about opening that we didn’t give... Read More

Balancing Virginia Non-Compete Agreements With Right to Work Laws | Ryan C. Young |Richmond Business Attorney

Ryan C. Young, Esq.
Balancing Virginia Non-Compete Agreements With Right to Work Laws | Ryan C. Young |Richmond Business Attorney
Non-Compete Agreements Employment law faces a paradox in Virginia when employers require employees to sign non-compete agreements. Those are agreements that employers require which limit for whom an employee may work, and for how long, after vacating a position. Virginia is a right to work state. In right to work states laborers can work for whomever they choose, and employers... Read More

Negotiating a Commercial Lease | Ryan C. Young | Commercial Lease | Richmond, Virginia Attorney

Ryan C. Young, Esq.
Negotiating a Commercial Lease | Ryan C. Young | Commercial Lease | Richmond, Virginia Attorney
Commercial Leases Many times, due to the excitement of beginning a new business or relocating an already established one, it is easy to overlook what could go wrong. Remember, that in the majority of cases, a commercial lease will favor the landlord. Among other things, you need to know who will maintain the property, you or the landlord. Always Hire... Read More

How can a lawyer potentially make your business more profitable over the long haul? | Ryan C. Young | Richmond Business Attorney

Ryan C. Young, Esq.
How can a lawyer potentially make your business more profitable over the long haul? | Ryan C. Young | Richmond Business Attorney
Small Business | Attorney | Richmond When initially starting a business you have to consult area building codes and get permits for everything. Therefore, you are already consulting the law on how to proceed. For certain, it is a priceless commodity to develop a relationship with a lawyer who knows the mechanics of your specific business. You should keep a... Read More

What are the differences between an LLC and an S Corp? | Ryan C. Young | Richmond, Virginia | Business Attorney

Ryan C. Young, Esq.
What are the differences between an LLC and an S Corp? | Ryan C. Young | Richmond, Virginia | Business Attorney
What are the differences between an LLC and an S Corp? Often, I encounter small business owners who want to know the differences between an LLC and and S Corp. If you are reading this article, I assume that you know all about limited liability and separate entity status of corporations in Virginia. If not, I suggest that you contact... Read More

Annual Tasks for Small Business Owners | Ryan C. Young | Richmond, Virginia Attorney

Ryan C. Young, Esq.
Annual Tasks for Small Business Owners | Ryan C. Young | Richmond, Virginia Attorney
Annual Tasks for Small Business Owners The following is a list of questions which I hope you will consider. By no means is the list exhaustive. In fact, I have merely put together this form in the hopes that you will consider areas which may need improvement. If performed at least yearly, legal checkups can certainly save your business future... Read More

Start The Year Right: Bring Your Legal Documents Up-To-Date | Ryan C. Young | Richmond, Virginia Attorney

Ryan C. Young, Esq.
Start The Year Right: Bring Your Legal Documents Up-To-Date | Ryan C. Young | Richmond, Virginia Attorney
The New Year is here. If you are like most folks you have had year which included some changes. You may have moved, changed jobs, changed your marital status, had kids and like most of us, made no changes or conducted a serious review of your estate plan. If you have moved and have not notified government agencies and others... Read More

Advantages of Solo Attorney Law Firm for a Small Business – Ryan C. Young – Richmond, VA Attorney

Ryan C. Young, Esq.
Advantages of Solo Attorney Law Firm for a Small Business – Ryan C. Young – Richmond, VA Attorney
Small and medium-sized businesses often feel they need the services of a large legal firm to provide them with legal advice, contract review, help in negotiations, litigation and getting customers to pay their bills. They are right – providing that the main thing they are looking for from a legal firm is high legal bills. Sure, you will meet with... Read More

Protecting the legal health of your small business. | Ryan C. Young | Richmond, Virginia Attorney

Ryan C. Young, Esq.
Protecting the legal health of your small business. | Ryan C. Young | Richmond, Virginia Attorney
Small Business Legal Health Any business takes on legal issues beyond merely getting the business license. While laws and requirements vary among states and municipalities, the following general areas of legal concern affect most small businesses. Corporate Status A corporation, whether just an LLC or larger, must comply with different regulations than a partnership or sole proprietorship. Owners of enterprises... Read More

Why is it important to incorporate your business? | Ryan C. Young | Richmond, Virginia Attorney | Business Law

Ryan C. Young, Esq.
Why is it important to incorporate your business? | Ryan C. Young | Richmond, Virginia Attorney | Business Law
By: Ryan C. Young, Esq. Why should you incorporate your business?  There are many reasons to do so; the top reason is incorporation provides owners, members and manages of companies with limited liability. Simply stated, the personal liability that the corporation(s) already have is restricted only to the capital that they have invested.  If the corporation (or LLC) goes files... Read More