top of page
Start a business
Operate a business
Exit a business

Navigate and resolve
legal issues related to

Starting
Operating

and

Exiting
your small business

PRACTICE AREAS
Operate

LEGAL
SERVICES

Read about legal issues related to starting, operating, and exiting a small business

YouTube Logo

View videos about legal issues related to buying and selling businesses​​

Start Strong

Entity Formation, Startup Guidance, Essential Contracts

Joel has helped founders launch hundreds of businesses, including consultants, freelancers, construction trades, retail, online, healthcare, real estate, and service businesses. He will help you determine whether you need an LLC or corporation, then set up that entity for you. Joel will also answer any legal questions you may have about starting your business. In addition, he will identify and draft essential contracts for your new business needs.

Operate Smart

Contracts, Leases, Governance, Compliance, Disputes

Small businesses regularly need help with legal issues as they operate, but typically cannot afford to have an attorney on staff full-time. Joel acts as a fractional outside counsel to Virginia businesses to help with drafting, reviewing, and negotiating key contracts, advising on legal compliance, business breakups, and resolving internal disputes among owners and disputes with suppliers, vendors, and customers.

Exit Smoothly

Extract Wealth through an Asset or Equity Sale

Joel has helped clients close hundreds of purchases and sales of assets and equity in diverse industries. He will guide you through your exit by helping you negotiate, draft, and review all transaction documents, from the Letter of Intent to the Purchase Agreement to the ancillary Closing documents. He will help you identify and assess the risks associated with exiting your business. He will also help you respond to legal due diligence, advise you on deal structure, help you draft disclosure schedules, and assist you with providing seller-financing to your buyer. Joel will manage the deal process for you. 

Exit
OUR VISION

CONFIDENCE IN THE PROCESS AND OUTCOME

Starting, Operating, and Exiting a business are processes, not events.

Unfamiliarity with how to navigate any of these processes can

cost you time and money and expose you to risks.

Joel uses his 30+ years of experience working on thousands of projects for small business owners to guide you through each of these processes in a manner that gives you confidence that your interests have been protected.

ABOUT

ATTORNEY

Joel Ankney

JOEL ANKNEY

BUSINESS LAWYER

Tel: 757.270.4088

e: joel@jalawoffice.com

W&M logo
BYU logo

Joel is a nationally recognized authority on the purchase and sale of small businesses. He has closed deals with a purchase price of $5 million or less for hundreds of clients, many of which were financed by a combination of SBA loans and seller financing. Joel has also represented sellers in deals to private equity firms and traditional search funds with purchase prices as high as $20 million. Joel has spoken as a guest at leading business schools and on numerous podcasts about the process of buying or selling a small business.

Joel graduated first in his class from law school, then practiced for 12 years at some of the nation's largest law firms. Joel started his own law firm in 2003 to represent small businesses in a more economical and efficient manner.

With more than 30 years of  experience helping business owners start, operate, and exit their businesses, Joel focuses on strategies that
de-escalate tense negotiations and get your project done.

Connect with Joel on LinkedIn

BOOKS

 

EDUCATION

J.D., William & Mary Law School, 1991

B.S., Organizational Psychology, Brigham Young University, 1987

 

BAR ADMISSION

 

Virginia, 1991

 

RECOGNITIONS

Guest Speaker, UVA Darden School of Business

Guest Speaker, William & Mary Entrepreneurship Hub

Guest Speaker, Columbia Business School ETA Class

Guest Speaker, Gies College of Business ETA Class

Virginia Elite Attorney, Business Law

Coastal Virginia Top Attorney, Business Law

Order of the Coif

William & Mary Law Review

  • LinkedIn
Before You Leap book cover
Here's the Deal book cover
Rain Catcher book cover

Starting, operating, or exiting a small business?




Subscribe to learn more about legal issues business owners may encounter

YouTube Logo
CONTACT

CONTACT
ANKNEY LAW

OUR ADDRESS

249 Central Park Ave., Ste. 300, Box 43, Virginia Beach, VA 23462

Email: joel@jalawoffice.com
Tel:  757.270.4088

For any general inquiries, please fill in the following contact form:

Back to Top

BACK TO TOP

  • LinkedIn
  • Youtube

ADVERTISING MATERIAL Copyright © 2025 by Ankney Law. All Rights Reserved.

bottom of page