In order to start a business, many entrepreneurs apply for loans to help get their business up and running. There are a lot of moving parts to a business loan, but this article will help define and clarify the different elements and factors that come with a business loan and how to navigate through the…
When going into business with anyone it is important to not only make sure that you are partnering with someone who you not only like but, who will have your best interest in mind. Hiring the right business lawyer is vital to the future of your business in case anything goes wrong. Your attorney can…
Hiring an attorney can seem stressful at first. Knowing what questions to ask, what to look for in a lawyer, and more can take that stress to the next level. Continue reading to learn 4 things to consider when hiring a lawyer that will help you find the perfect one for you! Contact Mitchell-Firm for…
Starting your own business can be a lot of work, requiring a lot of dedication. Making sure that all of the time and effort that’s been invested is not in danger can reduce current stress and potential problems in the future. Have you thought about how you can protect yourself and your company legally? Continue…
Mitchell Law Firm has discussed Fair Market Value in different aspects such as The Need for Fair Market Value Determination and The Fair Market Value Safe Harbor. This week, the discussion continues focusing on equity incentive awards. Equity incentive awards such as stock options and restricted stock awards provide opportunities for Founders and early-stage companies…
Mitchell Law Firm has previously discussed The Need for Fair Market Determination and now aims to educate on valuation methods and what to do if none of these methods work. Continue reading below to learn more. The IRS regulations provide three safe harbor methods that carry a presumption of reasonableness for the determination of fair…
The Mitchell Law Firm team wishes you a warm holiday season and happy New Year! We are so thankful for all our clients, business partners, staff, and supporters and hope you enjoy a jolly filled holiday. This year has been wonderful and we can’t wait to see what 2023 brings us! Once again, best wishes…
Equity incentive awards such as stock options and restricted stock awards 1 provide a key tool for Founders and early-stage companies to attract, retain, and incentivize key employees and other service providers of the Company. The basic tax rules state that when an employer gives an employee something of value, the value of the item…
Thinking back over the past ten years, I have many great memories. When I decided to open my own office, I contacted the Virginia Tech Corporate Research Center staff, and, as expected, they quickly sprang into action. In fact, they were so accommodating that before I knew it, I had an office. It was a…
The Mitchell Law Firm team would like to wish a Happy Thanksgiving to all of our wonderful clients, business partners, and supporters. We are so thankful for all of the support and extend a big thank you to all involved for another great year! We wish you a happy and healthy Thanksgiving filled with good…