Protecting Yourself as an Entrepreneurial Inventor

Entrepreneurial inventors are part of a unique class of small business owners. Not only are they responsible for the creation of the product that they sell, but often they must take care of the front-end business management responsibilities and costs. Though an individual may have a brilliant idea, getting the idea turned into a tangible […]

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 You Need to Know About Licensing Music for Your Business

If you own a business that relies on customers coming into your building—such as a bar, restaurant, retail establishment, or even professional practice with a waiting area—you probably have music playing at least sometimes. Maybe you have a radio that plays a particular local station for background music, or perhaps you use a streaming service […]

Should I Offer My Sales Staff Salary or Incentive-Based Pay?

Running a small business is no easy task. Not only do you need to offer a unique product or service, abide by all tax laws, and cover the cost of your overhead, but you must also ensure your employees are happy. To accomplish this, you need to know how to pay them properly. For most employees, this […]

Naperville Small Business Attorney Discusses Potential Family Business Hazards

Throughout the business world, there are many stories of family-owned companies that started small and grew to become social and corporate icons. Famous examples include The H.J. Heinz Company, S.C. Johnson, and the Ford Motor Company. However, owning and running a family business can be extremely challenging, and determining appropriate roles within the company for […]

Naperville Business Attorney on How to Terminate an Employee While Protecting Your Company

No matter how hard you work to hire quality employees, there will come a time that you will need to terminate one. It could be a matter of performance. It could be a matter of attendance, or it could be related to theft or breach of contract. Whatever the situation, it is critical that you, […]

Naperville Business Lawyer Discusses Some of the Most Common Lawsuits That Affect Small Businesses

Research shows that legal battles cumulatively cost U.S. small businesses over $100 billion every year. Having a lawsuit brought against your small business can result in crippling legal costs and serious damage to your business’s good reputation. One of the best way to avoid being the subject of a lawsuit is to take steps to ensure […]