Naperville Business Lawyer Discusses the Success of Small Business Saturday

In what has become a cultural phenomenon, millions of Americans look forward to spending the day after Thanksgiving shopping for deals. Retailers—most especially big box stores—have turned Black Friday into a spectacle of sales and promotions, all designed to attract more and more customers, with some outlets expanding into the Thanksgiving holiday itself. Of course, […]

Know the Risks of a Personal Guarantee for Your Business Loan

For many small business owners, especially those who are just starting out, avenues for raising operating capital may be rather limited. If you are in such situation, you may have no choice but to apply for loan that requires you to offer a personal guarantee of its repayment. Over the years, many of my clients […]

Talk to Other Franchisees before Buying a Franchise

Starting your own business can certainly be a rewarding experience. Many prospective business owners, however, are hesitant to develop a company from the ground up, creating a niche or serving an unfulfilled need in the local community. Instead, they look toward purchasing a franchise, allowing them to own and operate a business with an established […]

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 […]