Business Law

Does Your Business Require A Physical Address? 

Posted on January 12, 2023

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Our world is becoming increasingly digitalized, and the pandemic has only accelerated this trend. Businesses now have the opportunity to operate virtually, without the need for a physical address. Many entrepreneurs and business owners wonder whether a storefront is needed for a successful business. Can a business operate with a PO box or virtual address? Can a small business use a home address as a business address? Does lacking a physical address have any legal implications? These are important questions, and anyone interested in starting a business should take the […]

Posted in Business Law

Prioritize your Business Goals for The New Year

Posted on January 5, 2023

When planning for the New Year, small and mid-sized businesses should carefully consider their strategies for 2023 in order to ensure they are prioritizing their goals effectively. It is important to keep an eye on trends that may affect the industry, including advances in technology, shifts in customer preferences and demands, and changes to regulations or policies. Businesses should also take into account their current resources and budget, as well as any changes in the market that may impact their operations. Additionally, it is important to assess the business’s performance […]

Posted in Business Law

Is Your Business Prepared for the New Year? 

Posted on December 15, 2022

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For business owners and leaders, the new year represents an opportunity to evaluate successes and failures in the past year and make plans to improve operations in the coming months. Year-end business reviews help a company celebrate wins and reflect on losses. By analyzing current performance, business owners can determine areas of strength, as well as potential improvements that need to be made. It can also help when setting goals for growth and profitability in the new year. Having a clear plan for the upcoming year is important to ensure […]

Posted in Business Law

Outsourced General Counsel for Small Business Owners

Posted on December 8, 2022

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If you are a business owner or business leader, an investment worth making is a relationship with a skilled outsourced general counsel (OGC). Many businesses neglect this critical step and only contact a lawyer once they are already facing legal issues. Unfortunately, the damage to the company’s reputation and bottom line is often already done by the time a business contacts an attorney. Building a relationship with an OGC before a legal issue arises can help you prevent legal problems such as contract disputes,  intellectual property infringement, and other costly […]

Posted in Business Law

Why You Should Seek Legal Advice for Your Business

Posted on November 17, 2022

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Small and mid-size businesses enjoy many advantages when compared to larger companies. Unfortunately, however, being a smaller company does not exempt the company from the same legal risks and challenges as your larger counterparts. In fact, in some ways, being a smaller company can actually put you at greater risk. Many well-meaning business owners assume that their business is too small to incur the normal turmoil of larger businesses. It is only when a legal issue does arise that they recognize the severity of the situation. As more regulatory and […]

Posted in Business Law

Key Steps to Negotiate Successfully 

Posted on November 10, 2022

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Negotiations are a huge component of any small or medium-sized business. If you are a business owner or business leader, you probably negotiate the terms of business relationships, sales agreements, employee contracts, and other matters on a near-daily basis. Knowing how to negotiate effectively can help your business in many different ways. Negotiation Strategies for Small and Mid-Sized Businesses  When it comes to business transactions, negotiations are often complex and multi-faceted. As a business leader, you need to be able to navigate these waters effectively in order to get the […]

Posted in Business Law

Steps To Follow When Your Business is Dealing With Legal Issues

Posted on November 3, 2022

Ideally, legal issues would be prevented through measured, proactive action. However, even the most diligent business owners or leaders can find themselves facing a serious legal issue. Some of the most common legal issues involving small and medium-sized businesses include contract disputes, intellectual property issues, employment law compliance, and regulatory problems. If your business is involved in any type of legal issue, it is important to take quick and decisive action to protect your interests. The following are some key steps to follow. How to Handle Legal Problems in Your […]

Posted in Business Law

Retaining & Attracting Talent

Posted on October 25, 2022

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Attracting and retaining top talent is an increasingly vital issue for employers. “Help wanted” and “hiring” signs are everywhere. One recent survey found that an astounding 78 percent of businesses are currently understaffed. Employers are trying to hire qualified employees while employees are simultaneously trying to find the best jobs with the best salaries and benefits. This has led to a situation where good employees are in high demand and difficult to find. Workers are realizing that they want a better work/life balance,  higher pay, better benefits, more flexibility, and […]

Posted in Business Law

Employment Laws Trends You Need To Know

Posted on October 20, 2022

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The COVID-19 pandemic has changed the landscape of employment law in many ways. Employers and employees alike must be mindful of these laws in order to create a solid legal employment standard and promote positive company culture.  Small and medium-sized businesses across the country are struggling with labor shortages. Staying up-to-date with the latest employment laws and trends not only helps protect a company legally, but also helps attract and retain top talent. Having clear policies that comply with local, state, and federal employment laws is imperative to staying a […]

Posted in Business Law

How To Recession-Proof Your Business

Posted on October 13, 2022

naperville business lawyer

Business owners have been faced with seemingly endless challenges in the past few years. Shipping delays, labor shortages, and supply chain issues have forced many business owners to get creative in order to keep their businesses afloat. Lingering economic problems caused by the coronavirus pandemic and other international issues have added yet another layer of complexity to the mix, and business owners are scrambling to adapt. Many are wondering how they can recession-proof their businesses and protect themselves from the economic downturn. There is no one-size-fits-all solution to recession-proofing your […]

Posted in Business Law

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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.

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