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

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

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

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

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

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

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

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

Intentional (Tortious) Interference with a Contract | Ryan C. Young | Richmond, Virginia Attorney | Small Business Law

Intentional (Tortious) Interference with a Contract | Ryan C. Young | Richmond, Virginia Attorney | Small Business Law
Intentional Interference with a Contract in Virginia Disputes over contracts do not always include parties to the contract in question. In the United States, our entire economic system is based upon the notion that competition is good. I fully agree that fair competition is good for the consumer and our market as a whole. However, should a third party be... Read More

Virginia Business Owner: How can an attorney help me to collect a debt in Virginia?

Virginia Business Owner: How can an attorney help me to collect a debt in Virginia?
Law Office of Ryan C. Young, PLLC Office: (703) 896-7667 CONTACT US   By: Ryan C. Young, Fairfax, Virginia attorney assisting business owners in Northern Virginia While collection agencies may be able to assist you once you have a judgment, they are typically larger, impersonal companies who you will not hear from on a regular basis. Often times, you are left... Read More

Legal considerations when buying a business | Ryan C. Young | Small Business Law in Richmond, Virginia

Legal considerations when buying a business | Ryan C. Young | Small Business Law in Richmond, Virginia
Buying or Selling a Small Business in Virginia Many individuals start a business and then decide that being a business owner is not for them. There are many reasons why small business owners decide to sell the business: family commitments, debt, partner disputes, death, etc. Many entrepreneurs find that purchasing an existing business can save them time and money. If... Read More

Partnership Agreements | Ryan C. Young | Small Business Law | Richmond, Virginia

Partnership Agreements | Ryan C. Young | Small Business Law | Richmond, Virginia
What should a partnership agreement cover?  “An ounce of prevention is worth a pound of cure.” – Benjamin Franklin Whether a general partnership, limited partnership or joint venture, all business partnerships will one day come to an end. It’s an unfortunate fact, many partnerships come to an end and the partners disagree on winding up business. Often times, there are... Read More