Category: Business Planning

This questionnaire is designed to obtain information relevant to the organization of a new corporation in Virginia. Please note that the questionnaire is a tool to elicit relevant information and does not, by itself, create any legal rights. We will use the information that you provide to prepare the documents that the corporation would typically

We at Fox & Moghul have been receiving several queries on whether residential cooperatives and condominium associations are eligible for SBA loan funding under the Paycheck Protection Program (“PPP”) included the CARES Act. What is the PPP Program? The PPP program is designed to provide small businesses with forgivable loans up to $349 billion to

We at Fox & Moghul have been getting an increased number of queries from small business owners concerning the Trump Administration’s decision to inject some emergency liquidity into the economy to save distressed businesses. Given the increasingly uncertain environment these days, the U.S. Small Business Administration (SBA) has initiated the Economic Injury Disaster Loan program

  If you are a business owner who is considering filing for divorce, you need to first examine how a business divorce could affect the ownership of your business. You don’t want to end up having to sell the business or perhaps even worse, remain in Partnership Disputes with your ex. So, what options do

One sure path to business ownership for many entrepreneurs is to open a franchise. This can wind up being a very lucrative move, but it is not without certain drawbacks. How can you know if purchasing a franchise is a good option for you? Listing the pros and cons of franchise ownership is a good place to

Just as with a marriage, no one ever enters into a business partnership expecting it to fail. Yet, also like many marriages that end in divorce, many business partnerships are also unable to weather the storms and go the distance. By one account, as many as 70% of business partnerships wind up failing. Read on to see

If you’re starting a business with another person or group of people, it would make sense to form a business partnership, wouldn’t it? Well, not so fast. A partnership would allow those involved to have part-ownership of the business, but there are other pros and cons to consider as well. There are three different types

Starting a new business is an exciting time. Up until now, you and your partner may have been treating it as a side hustle, but now it is time to make it more official. Your new enterprise may stay a side hustle, or it may become your full-time occupation. As your business grows, establishing it

For small businesses, using independent contractors is a smart way to hire skilled workers without all the costs of a full-time employee. Even larger companies often use contractors to help with temporary work projects. Hiring an independent contractor allows you to avoid many of the complications and costs of an employee. However, do not just

One of the primary areas of our practice deals with partnership disputes between and among business partners of across a variety of industries, including co-owners of real estate brokerages, title companies, restaurants, hair salons, technology startups, and retail companies. Here are some of the most common scenarios why business partners end-up parting ways: 1. Your