Business Law

Why You Need a Business Attorney for Your Small or Medium Business 

Posted on March 28, 2023

naperville business law attorney

Being a small or medium-sized business owner can sometimes feel like a David and Goliath situation. Inflation, supply chain interruptions, staffing problems, cyberattacks… the list goes on and on. The challenges, difficulties, and frustrations faced by business owners on a daily basis are too great to count.  With so many concerns to juggle at once, many business owners neglect legal concerns such as compliance with regulations and laws, protecting intellectual property rights, licensing issues, and employment law concerns. This is where a business attorney can be invaluable. A business attorney […]

Posted in Business Law

Common Reasons that Businesses Fail

Posted on March 23, 2023

naperville business lawyer

Most entrepreneurs and small business owners are well aware of the grim statistics surrounding business failure. A fifth of new businesses close their doors within a year and only half of small businesses survive past their fifth year. However, the news is not all bad. There are many ways to combat these odds and increase the chances of long-term success for your business. By taking a proactive approach to the challenges of business ownership, you can give your business a fighting chance.  Inadequate and Ineffective Business Planning The saying “failing […]

Posted in Business Law

Common Reasons Businesses Are Sued, and What to Watch Out for in Your Business

Posted on March 20, 2023

naperville business lawyer

For business owners, the threat of a lawsuit is always present to some degree. Even the most responsible business owner may not entirely avoid the risk of being sued. However, there are many steps business owners can take to reduce their risk of being sued successfully. For many businesses, making a few simple adjustments to their business operations, contracts, or insurance coverage can lower the risk of a lawsuit dramatically. If you own or manage a business, make sure you understand the most common reasons that companies get sued and […]

Posted in Business Law

The Why’s and How’s of Succession Planning 

Posted on March 16, 2023

naperville buisness law attorney

As a business owner, it can be hard to think about a time when you are no longer involved in the business. After all, you have probably spent countless long hours developing your business and making it the success that it is. However, it is crucial for every business owner to consider what will happen to the business if they retire, sell the business, become incapacitated, or pass away. Having a succession plan in place is essential for preparing your business to transition smoothly after you move on. Planning for […]

Posted in Business Law

The Importance of Talking to Your Accountant – Even if It Is Not Tax Season

Posted on February 23, 2023

naperville business law attorney

Many people who run small and medium-sized businesses only talk to their accountants during tax season. However, it is essential to remember that your accountant is an integral part of your business year-round. Tax deadlines are important, but the most successful business owners are those who have an ongoing relationship with their accountants and other financial professionals. Communicate with Your Accountant Frequently and Transparently Open communication with your accountant will help you plan for the future, strategize for growth, adjust your business procedures as needed, and make sure that you […]

Posted in Business Law

Do You Have an Exit Strategy? 

Posted on February 22, 2023

naperville business law attorney

Whether your business is brand new or you are celebrating a milestone anniversary – every business owner should have an exit strategy. Succession planning is crucial for businesses of every size. However, this is a task that many people put on the back burner. Working on an exit strategy well in advance of a planned exit is one of the best ways to reduce disruptions to your business when you or other key players do leave the company. It can also help ensure that the business is best prepared to […]

Posted in Business Law

Why You Need to Share Your Company Vision

Posted on February 16, 2023

naperville business lawyer

When an entrepreneur starts or purchases a business, he or she is usually full of ambition. The owner has a specific vision for the company, including what the business will achieve and how it will operate. However, over the years, many business owners get caught up in the everyday responsibilities of running the company. They start to forget why they got into business in the first place, and their lofty goals become a distant memory. Whether you are a long-time business owner or just starting out, it is important to […]

Posted in Business Law

How to Stay on Top of Changing Laws as a Business Owner

Posted on February 10, 2023

naperville business law attorney

As a business owner, staying on top of changing laws can be a challenge. With new regulations and legal issues popping up all the time, it is important to ensure your business is compliant and protected from potential lawsuits, regulatory issues, or other legal problems. Failure to keep up with changing laws can result in hefty fines, reputational damage, and other serious consequences that can be costly for your business. The good news is that there are steps you can take to help protect your business from these pitfalls. Keeping […]

Posted in Business Law

Are You at Personal Risk if Your Business is Sued?

Posted on January 24, 2023

naperville business law attorney

The risks of being a small business owner are often thought of in terms of the business itself, but what about the personal risks? If your business is sued, are you at risk of losing your personal assets? It is a question that many small business owners do not think about until it is too late. The short answer to this question is yes, you are potentially at risk of losing your personal assets if your business is sued. Depending on how your business is structured, a lawsuit could put […]

Posted in Business Law

How to Dissolve a Business Partnership in Illinois

Posted on January 19, 2023

naperville business law attorney

Business partnerships consisting of two or more individuals or entities are a great way to access a wider range of knowledge, increase profits, and expand market reach. However, there may come a time when the partnership ends. Whatever the reason for the termination of the partnership, dissolving a business partnership in Illinois can be challenging. However, with proper planning and execution, it can be done relatively quickly and efficiently. What to Do If You Want to End Your Business Partnership When a partnership is no longer serving the best interests […]

Posted in Business Law

Practice Areas






Please note: These blogs have been created over a period of time and laws and information can change. For the most current information on a topic you are interested in please seek proper legal counsel.

Blog Sign Up

Like what you see?

Follow us to stay current!

Facebook LinkedIn Twitter Youtube



Fields marked with a * are required
The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

Providing You With

Peace of Mind
Facebook LinkedIn Twitter Youtube BBB
From our offices in Naperville, Illinois, we handle matters throughout Illinois including DuPage, Cook, Will, and Kane counties and within towns such as Addison, Aurora, Barrington, Batavia, Burr Ridge, Carol Stream, Chicago, Darien, Downers Grove, Elgin, Elk Grove Village, Elmhurst, Geneva, Hinsdale, Hoffman Estates, Lisle, Lombard, Naperville, Oak Brook, Roselle, Schaumburg, St. Charles, Warrenville, Wheaton, and Winfield.
association and logos
© 2023 Gierach Law Firm | 
1776 Legacy Circle, Suite 104, Naperville, IL 60563 | 
Back to Top