Naperville Business Lawyer Discusses LLCs and Corporations

If you are thinking about starting your own business, one of the first steps you must take is figuring out which type of company your business will be. Both LLCs and corporations are viable options, and both have benefits and drawbacks. In my practice as a business law attorney, I have helped many business owners […]

Illinois Small Business Development Center & Help for Entrepreneurs

The Illinois Small Business Development Center (SBDC) (or the International Trade Center) located on Southern Illinois University of Carbondale’s campus has been assisting small businesses throughout the state of Illinois for years. Their focus has often been on helping launch small businesses, and also providing assistance to small businesses looking to expand and take their operations […]

Business Plan—So Worth It!

Whether you are a one-person operation or a large corporation, a business plan is essential. A properly drafted business plan can be the difference between a successful enterprise and a failed one. Business plans take time and may require professional help, but if done right, they are worth it. A business plan provides structure, serves […]

The Differences between an LLC and Inc.

Forming a business can be both exciting and daunting at the same time. While the types of businesses that you can open are limitless, there must be some consideration regarding the method that you will use when legally forming your business entity. Two of the most common choices are forming a corporation, which is also […]

LLC or INC? – Making the Right Choice for Business Formation

There’s more to starting a business than coming up with a great idea. A business owner also must decide how the business should be structured. Until recently, most Illinois businesses chose between sole proprietor, partnership, and incorporation. However, Illinois businesses are now choosing to go with a limited liability company (LLC) structure more than any […]