LAW OFFICES of
    William Gaines Ellyson
    a professional corporation


    The Virginia Building / Suite 401
    One North Fifth Street / Richmond, Virginia 23219
    Telephone: 804.780.0880    Fax: 804.419.4401
    WGE@EllysonLaw.com / Make an appointment


    Small business lawyer specializing in advice to very small businesses
    in the Richmond, Virginia, area for more than 30 years.




VERY SMALL BUSINESSES ARE VERY DIFFERENT
from larger businesses, including larger small businesses

  • different tax advantages
  • different asset protection
  • different financing methods
  • different owners and employees
  • different marketing opportunities
  • and different risks and opportunities
  • The very small business is more likely to be a direct reflection of its owners than a larger business.  The marketing of the very small business is not typical because its most valuable asset is usually its relationships, not its inventory.  

    The very small business is often more fragile than a larger, more established business and therefore more likely to stumble or fail.  But the people involved in the business need not fail so long as their assets are protected from the liabilities of their business.  

    The very small business usually has less money to spend than the larger business and cannot afford to waste any of it.  Tax and asset planning for the very small business can usually help create and conserve business and personal resources.  There are tax opportunities which are uniquely beneficial to the very small business.  

    The very small business:  more risky, more personal, more creative than a larger business--using imagination and energy as capital.

    Billy was featured in the October 2005 issue of "The Virginia Lawyer", the official publication of the Virginia State Bar. Check out the article.


    Make an appointment with Billy Ellyson, or call 804-780-0880 x2

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