Feb 10, 2023 | Business Insights
A recession is a period of economic downturn that can have significant consequences for businesses of all sizes. Mergers and acquisitions (M&A) activity is often one of the first areas to be affected during a recession, as Buyers become more cautious about making...
Nov 11, 2022 | Business Insights
On March 2, 2021, then Governor Ralph Northam signed into law the Virginia Consumer Data Protection Act (the “VCDPA” or “Act”). The effective date of January 1, 2023 is fast approaching. If your business has not yet started taking steps to understand and ensure...
May 27, 2022 | Business Insights
S Corporations are one of the most popular operating vehicles for small business in the United States. Whether legally structured as a corporation or LLC under state law, qualified businesses electing S-Corp tax status are able to reap many associated financial...
Apr 12, 2022 | Business Insights
Non-Fungible Tokens A non-fungible token (“NFT”) is a non-interchangeable unit of data which can be sold and traded. NFTs come in varying forms, though commonly, they take the form of a simple .jpeg image. Popular auction houses, such as Sotheby’s and Christie’s, have...
Mar 9, 2022 | Business Insights
What Happens if my Employees Move Out of a HUBZone After Certification? What Happens If my Business Merges with Another Company? Once certified, a HUBZone contractor must monitor the residences of its employees to ensure compliance with the Small Business...
Feb 23, 2022 | Business Insights
Updated January 31, 2024 Becoming HUBZone Certified: Background Intended to fuel small business growth in historically underutilized geographic areas, the government set a goal of awarding at least 3% of federal contract dollars to Historically Underutilized Business...
