Legal Considerations When Buying a Small Business | Ryan C. Young | Richmond Business Attorney

Legal Considerations When Buying a Small Business | Ryan C. Young | Richmond Business Attorney
Buying/Selling a Small Business A variety of legal issues should be considered when purchasing a small business. There are legal requirements that are associated with permits, licenses and registrations. All the required laws for operating your business must be met. The necessary regulations vary. Regulatory Considerations Particular businesses have restrictions related to the legal form the enterprise is allowed to... Read More

What steps do I need to take to dissolve (close) my business? | Ryan C. Young | Richmond Business Attorney

What steps do I need to take to dissolve (close) my business? | Ryan C. Young | Richmond Business Attorney
There are numerous reasons for dissolving a business. Dissolving a business is the legal term for formally shutting down a business, sometimes the process is known as the dissolution of a business. Small and medium-sized businesses often have more than one owner. The first step towards dissolution is having all owners sign off that the business will be closed. Steps... Read More

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

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

Contract Review Services by a Richmond, Virginia Attorney | Ryan C. Young

Contract Review Services by a Richmond, Virginia Attorney | Ryan C. Young
  Small businesses often enter into contracts, whether for rentals (leases), mortgages, equipment rental or service contracts, such as uniform services and floor mat services, and partnership agreements. Before you, as the owner or supervisor at a small business, enter into the contract, you should contact an attorney review the contract. Because a small business often has several contracts it... Read More