Finding Opportunities in Fast-Growing Franchises

A would-be entrepreneur can go into business for himself or herself using one of several different tracks. He or she could build a new company from the ground up with a carefully laid-out business plan and a significant amount of hard work. Alternatively, a prospective business owner could purchase an existing company and continue to […]

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 […]

Facebook Kicks Off Its Inaugural Small Business Bootcamp

Earlier this summer, Facebook commenced its first ever Facebook Fit Small Business Boot Camp. The purpose of the event is to provide small business owners with the tools necessary to use the social media website to grow and expand their customer base and web presence. Held in New York City, this event was the first […]

Is a Small Business Loan the Right Decision?

It’s common knowledge that small businesses need capital and other resources to both commence operations and to keep things going. Regardless of the amazing business model or innovative ideas that someone possesses, they will need money to make these concepts a reality. Small business owners and entrepreneurs can pursue capital from a variety of sources […]

Wells Fargo Announces Plan to Lend $100 billion to Small Businesses

Following the 2008 financial crisis, many financial institutions were conservative when it came to extending loans to budding new businesses. In recent years, the provision of small business loans and other financial assistance to emerging entrepreneurs has become a key goal for both private and public institutions throughout the country. Nowadays the prevalent view is […]

In Illinois Optimistic Entrepreneurs Set Their Sights on the Marijuana Business

The Illinois Medical Cannabis Pilot Program is the program through which Illinois will enforce its new medical marijuana law. Though the implementation of this program technically started on January 1, 2014, the program is still in its beginning stages. In fact the Illinois Department of Health has been holding hearings open to the public, in […]

New Crowdfunding Laws May Bring Additional Financial Benefits for Startups

Don’t know much about crowdfunding? It is a crucial internet tool that can help you raise the capital you need to get your small business idea off the ground and running. As crowdfunding websites have proliferated in increasing numbers, the U.S. government has decided to get involved. The new laws that will cover crowdfunding may […]

Coworking Spaces Offer Unique Opportunity for Local Small Business Owners and Entrepreneurs

Deciding to start your own small business can be difficult, expensive, and time consuming. Costs for a typical business include office space, startup costs, inventory, administrative costs, and employee pay. Here in Illinois, local entrepreneurs and small business owners are finding interesting new ways to cut costs through the use of shared coworking spaces. What […]

Is Starting a Business Right for You?

Becoming an entrepreneur can be a fulfilling, exciting, liberating, and sometimes terrifying experience. It takes a special person with a unique set of skills to successfully start and maintain his or her own business. According to the Small Business Administration (SBA), knowing if you are the type of person who could succeed in running a […]

Business Naming Advice when Starting up a Company

Starting your own business is as fun as it is frustrating.  Writing a business plan is a good first step.  It can allow you to consider the customers you want to target, what your product or service is, and how you will expand your business in the future.  One of the biggest difficulties that people […]