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Everything You Need To Know About Virginia’s Minimum Wage

Everything You Need To Know About Virginia’s Minimum Wage

by Tricia Dunlap | May 4, 2021 | International Business, LLC, Regulatory Compliance, Small Business

~5 minute read What is Virginia’s Minimum Wage? With so many changes coming to businesses this year (see more changes coming soon), an important question to ask is “What is Virginia’s minimum wage?” On May 1, 2021, Virginia’s minimum wage increased from $7.25 to...
Series LLCs Coming to a State Near You

Series LLCs Coming to a State Near You

by Tricia Dunlap | Feb 10, 2021 | International Business, LLC, Small Business

What is a Series LLC?For many entrepreneurs, organizing your business as a limited liability company (LLC) is a no-brainer.In Virginia, you can be well on your way to ensuring your personal assets are protected from creditors of your business for just the $100 cost of...
Part 3 11 Tips Before Becoming an LLC Minority Member

Part 3 11 Tips Before Becoming an LLC Minority Member

by Tricia Dunlap | Jul 23, 2020 | Contracts, International Business, LLC, Small Business

By Tricia Dunlap Esq.~4 minute readPart 3 – LLC Education Series: The Perilous Position of LLC Minority Members Limited liability companies are highly popular, very flexible business entities.  They are cheaply and easily formed which unfortunately creates the...
Part 5 3 Fiduciary Duties That Make Your LLC Safer

Part 5 3 Fiduciary Duties That Make Your LLC Safer

by Tricia Dunlap | Jul 23, 2020 | Contracts, International Business, LLC, Small Business

By Tricia Dunlap Esq.~2 minute readSee more videos and blog postsPart 5 – LLC Education Series Fiduciary Duties:  The Responsibilities You Never Knew You Had Good faith and fair dealing. Loyalty. Care. Sometimes these seem like quaint concepts.  A throwback to a...
Part 4 Hotel California: An LLC Operating Agreement Gone Wrong

Part 4 Hotel California: An LLC Operating Agreement Gone Wrong

by Tricia Dunlap | Jul 23, 2020 | Contracts, International Business, LLC, Small Business

By Tricia Dunlap Esq.~2 minute readPart 4 – LLC Education Series Hotel California: You Can Checkout but You Can Never LeaveRelatively early in my legal career, a new client arrived with a terrible dilemma.  About a decade earlier, he and his buddy decided to invest in...
6 New Laws In The Virginia Values Act

6 New Laws In The Virginia Values Act

by Tricia Dunlap | Jul 10, 2020 | International Business, Small Business

  By Tricia Dunlap Esq. ~9-10 Minute Read 6 New Laws In The Virginia Values Act The Virginia Values Act went into effect on July 1st, 2020. This was a significant law in Virginia that our General Assembly passed in the last session and it has some really...
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