4 Tips on How to Prevent and Deter Employee Theft

When you own a company, you have probably invested a great deal in the products or services that you offer. Similarly, hiring, training, and professionally developing a team of employees requires significant investment as well. Across the country and around the world, however, employee theft and fraud present serious problems for small business owners, collectively […]

Which Business Entity Is Best for My Illinois Company?

If you are an entrepreneur, you are considering building your own startup, or you would like to change your business’s structure, you should know the options available to you. There are a number of different business structures from which you can choose, but they may not all be the right fit. You should select your […]

Can I Evict a Commercial Tenant Who Fails to Pay Rent in Illinois?

There is often the false assumption that landlords are unreasonable and unforgiving, kicking their tenants out at the first sign of a late rent payment. These businessmen and businesswomen get a bad rap for taking legal action against their tenants, yet many forget that landlords are dependent upon their tenants’ rent money to make ends […]

Does My Family Business Need a Succession Plan?

Mom-and-pop stores and restaurants have been the foundation of the United States since the country’s origin. Many Americans pride themselves on their work and ability to support their families, with additional fulfillment given to those who do this by running their own business. In the best-case scenarios, family businesses will be passed down from generation […]

Reasons to Form an Illinois S Corporation

When starting up a company in Illinois, you will research various formation options available under state law and do your research to find the right fit for your business. Many in your position lean towards a corporation because of the benefits it offers, both for owners and the entity. However, you may not realize that […]

What Are the Options When Buying or Selling a Business in Illinois?

Because every business is unique, every deal involving a purchase or sale will bear numerous, distinct details that need to be addressed from a structuring point of view. Still, there are just three basic options for buying or selling a business: Stock purchase, asset acquisition, or a merger of the companies. The Illinois Business Corporation […]

Four Reasons Your Illinois Business Needs General Counsel Services

Illinois business owners know the importance of retaining a lawyer for formation and start-up, as well as drafting and reviewing contracts. Not as many realize how critical it is to have access to general counsel on a regular basis. Some stakeholders may only reach out to an attorney after an issue has emerged, at which […]

Naperville Business Attorney Addresses Advantages of an LLC

For an entrepreneur, one of the most important decisions to be made in the early stages of business ownership is the selection of an appropriate business entity structure. With a number of options from which to choose, deciding on the best one requires careful consideration of the advantages and potential drawbacks of each, as well […]

Naperville Business Lawyer Discusses Plans for Unique Former Headquarters of Multi-Level Marketing Basket Company

In the age of social media, multi-level marketing companies seem to be more prevalent than ever before. For people of a certain age, it is nearly impossible to scroll through Facebook without seeing at least one friend or acquaintance posting about the cosmetics, essential oils, kitchen gadgets, or dietary supplements that changed their life—and they […]

Naperville Business Lawyer Discusses Rejection of Medical Marijuana Super Bowl Ad

This Sunday, the New England Patriots will take on the Los Angeles Rams in Super Bowl LIII. The game will kickoff around 6:40 p.m. EST at Mercedes-Benz Stadium in Atlanta, Georgia. Of course, the Super Bowl represents much more than just the National Football League (NFL) championship. It is also a media spectacle and arguably […]