Richmond Business Law:

Supporting Entrepreneurs and Businesses Across Virginia

Business Planning and Estate Planning Law Firm

Comprehensive Business Law Services

Protect your legacy and future-proof your business. Book a call with James River Law to explore our full range of business law services.

At James River Law, led by Business Law Attorney Alex Mejias, we are proud to support the entrepreneurs, innovators, and business leaders who drive Richmond’s economy. From startups to established enterprises, our tailored legal services empower businesses to build a solid foundation, navigate complex challenges, and secure their futures.

Explore our comprehensive Richmond business law services below to learn how we can help you achieve your goals.

Succession Planning for Small Businesses

Start Strong: Business Formation with Confidence

Choosing the Right Entity for Your Business

Whether you’re launching a single-member LLC or a high-growth startup, selecting the right entity is critical. Your choice will affect your personal liability, tax obligations, and overall business structure. At James River Law, we provide strategic guidance to help you decide between LLCs, corporations, partnerships, or other entities based on your unique goals.

Types of Virginia Business Entities:

Sole Proprietorship

A sole proprietorship is the simplest business structure, offering complete control but no separation between personal and business liabilities. This means your personal assets could be at risk if your business faces legal challenges or debts.

General Partnership

General partnerships involve two or more owners who share profits, losses, and liabilities equally. While partnerships are straightforward to form, partners are personally liable for business debts, making this option less protective.

Limited Liability Company (LLC)

An LLC combines liability protection with operational flexibility, making it a popular choice for many businesses. Owners (members) are generally not personally liable for business debts, and LLCs offer tax advantages by avoiding double taxation.

Corporations

Corporations, including C-Corps and S-Corps, offer robust liability protection and the ability to raise capital through stock issuance. However, they require more formalities, including annual meetings and detailed record-keeping. C-Corps are subject to double taxation, while S-Corps provide pass-through taxation for eligible businesses.

Limited Partnerships (LPs)

LPs allow for both general and limited partners. General partners manage the business and assume liability, while limited partners contribute capital and enjoy liability protection, making LPs a good choice for investment-heavy ventures.

Nonprofits

Nonprofit organizations operate for charitable, educational, or religious purposes. They can qualify for tax exemptions but must adhere to strict operational rules and guidelines.

Protecting Your Assets from Liability

The right entity can shield your personal assets from lawsuits and business debts. We’ll ensure your business is structured to protect you while also setting you up for success.

Contracts and Licensing: Protecting Your Interests

Contracts are the backbone of any business. At James River Law, we draft and review agreements tailored to your needs, including:

Our team ensures your contracts are enforceable, comprehensive, and aligned with your goals.

Licensing for Success

Whether you’re securing intellectual property rights or entering a licensing agreement, we’ll guide you through the process to maximize your benefits and minimize risks.

Protecting Your Creations:

Intellectual Property for Creators and Entrepreneurs

Safeguard Your Brand and Ideas

Your intellectual property (IP) is one of your most valuable assets. James River Law helps Richmond businesses secure and protect IP through:

Managing and Monetizing Intellectual Property

Many Richmond creators and entrepreneurs may not know the totality of their intellectual property.  James River Law assists in valuing, licensing, and enforcing your IP, ensuring you maintain control while capitalizing on its value.

Comprehensive Legal Support for RICHMOND Businesses

Strategic Guidance for Business Growth: Mergers and Acquisitions

Navigating Complex Transactions

James River Law provides the experience you need to close a business deal successfully. If you are seeking a business acquisition attorney, we assist with:

Protecting Your Business Interests in Richmond

We’ll negotiate favorable terms, minimize liabilities, and ensure your transaction aligns with your long-term business goals.

Building Stronger Company Partnerships

Partnership and Operating Agreements

For businesses with multiple owners, clear agreements are essential. We help draft partnership and operating agreements that address:

Planning for the Future: Business Succession

Securing You and Your Company’s Legacy

A well-crafted business succession plan ensures your company thrives after your departure, whether due to retirement, incapacity, or unforeseen events.

Key Elements of a Succession Plan

Without a succession plan, your business could face disruptions, financial losses, or even dissolution. A thoughtful succession plan ensures your business thrives beyond your involvement. We help Richmond business owners create buy-sell agreements, minimize tax liabilities, and prepare leadership transitions to secure your legacy.

Your Richmond Business Law Partner

At James River Law, we provide personalized legal solutions for Richmond entrepreneurs and businesses. Business Law Attorney Alex Mejias and our team are committed to delivering responsive, reliable service that helps you achieve your goals.

Let’s build your business together. Book a call with James River Law today to get started.