Four Signs That It Might Be Time to Sell Your Company

For many individuals, owning a business is the realization of a lifelong dream. You may have worked for many years doing the necessary research and building the knowledge base on which your company operates. Thus, the decision to sell your business is often extremely difficult, even when it is the right choice. In my practice […]

Naperville Business Attorney Discusses When to Consider Selling Your Business

When you own and operate a business, you must make many important decisions. Some effect the day-to-day operations of the company, while others are focused on the long-term health of the company. While you may not be comfortable with the idea, you may also need to decide if and when the time is right to […]

Naperville Business Lawyer Discusses Unexpected Opportunities

In the business world, it is always important to make decisions carefully and with advance planning. A single rash decision could dramatically impact your company’s future and your own financial well-being. Sometimes, however, a situation will present itself in such a way that immediate action is necessary, and failing to act could cause you to […]

Naperville Business Attorney Discusses Macy’s and Sears Closings

For the last 150 years, the iconic department store has been not only a mainstay of the retail sector but a trendsetting leader in the industry. The world of retail sales, however, is constantly evolving, and the shopping habits of today’s consumers are forcing a shift in the way large-scale retail companies do business. The […]

Naperville Business Lawyer on Restaurant’s Plans to Find New Location

In the world of real estate, there is an often repeated mantra that the three most important elements of a property are its “location, location, and location.” Obviously meant to be hyperbole, the maxim emphasizes the critical importance of location on the value of a property and how quickly it may sell. As an experienced […]

Naperville Business Attorney on the Accidental Millionaire in Startup Sale

When another business owner or entrepreneur is fortunate enough to enjoy a major success, it is tempting to ascribe the event to good luck or being in the right place at the right time. Of course, there is little question that timing has a great deal to with commercial profitability, but, in many cases, the […]

Knowing When to Sell: Tips from a Naperville Business Attorney

There are many reasons that may lead a person to start a business. Some individuals feel that they are best suited to work for themselves rather than for someone else. Others have a passion for their particular field or industry and are happy to dedicate their professional—and often personal—lives to their craft. Still others are […]

The Importance of Developing an Exit Strategy from a Naperville Business Lawyer

Rationally, you know that you will not be able to continue running your business forever. Depending on your age, health, and passion for your work, you may be ready to step away from day-to-day operations sooner than later. As a business law attorney, I have helped hundreds of clients start new companies with the hopes […]

Tips for Buying a Business from a Naperville Business Attorney

For a first-time business owner, the prospect of buying a business can be quite overwhelming. You may not be certain where to start, what to do next, or even if you are making the right choice. That is why it is so important to work closely with an experienced business lawyer. A knowledgeable attorney can […]

Naperville Business Attorney Discuss the Closing of East Dundee Pottery Company

As every successful entrepreneur knows, timing is a critical component of any business decision. Knowing when to open a new location, hire staff, reduce staff, introduce new products, or streamline a company’s catalog is crucial to profitability and the long-term health of the business. In my business law practice, clients regularly come to me with […]