Tag: business law
How Do Clear Business Contracts Protect Your Company?
Posted on July 26, 2025
Running a successful business involves more than offering a great product or service. It also requires careful attention to the legal agreements that govern your relationships with employees, vendors, customers, and partners. Clear and well-drafted contracts are essential tools for protecting your company from disputes, misunderstandings, and financial loss. Our Naperville, IL business contracts attorney can help you draft and negotiate clear, fair contracts that benefit you now and into the future. Why Are Business Contracts So Important? Every business relationship is built on expectations. Contracts put those expectations in […]
Are There Legal Solutions for Disputes Between Franchisors and Franchisees?
Posted on July 10, 2025
Franchise relationships offer business owners in Illinois the advantage of building on an established brand and system. However, these relationships are also governed by complex contracts that can become a source of intense and expensive conflict. When disputes like breach of contract allegations arise between franchisors and franchisees, they can threaten the stability of the business and even lead to litigation. If you are involved in a franchise dispute, understanding the legal options for resolving the issues you face is essential for protecting your investment and your rights. At Gierach […]
How Do Capital Gains Taxes Affect the Sale of a Business in Illinois?
Posted on May 12, 2025
The prospect of selling your business can be exciting, providing the opportunity to capitalize on your hard-earned work. It may be that you are selling your business to retire, or to start another venture. Whatever the reason, many factors impact the decision to sell a business, and the details of the transaction. One key factor that affects the sale of a business is taxation. Capital gains taxes can eat up the proceeds of the sale if you do not put in place careful strategies to mitigate taxation. In fact, when […]
When Should You Restructure or Reorganize Your Business?
Posted on April 30, 2025
Business needs can change. Growing businesses will also find that with success and increased revenue come challenges that may require a different way of doing things. Organizational structures may no longer work for the company. The market strategy may not match the current market needs. The company might experience financial difficulties. Conversely, things may be going very well now, but there may be concerns about the long-term business outlook. In short, there are many reasons why a company can benefit from a business restructuring. But one thing is for certain, […]
7 Employment Law Mistakes High-Growth Companies Make
Posted on April 15, 2025
While growth is a great sign business owners and investors are eager to see, it can bring about its own set of challenges. These are the growing pains businesses can experience. Things move quickly when a company is growing. That expansion often requires quick decision-making and implementation of processes aimed at keeping the business functioning at its best. However, when business owners are occupied managing the day-to-day responsibilities, other important aspects sometimes slip through the cracks. Indeed, as things change quickly at high-growth companies, compliance with legal requirements becomes that […]
Mergers & Acquisitions: How Can A Business Support Employees?
Posted on January 30, 2025
Mergers & Acquisitions: How Can A Business Support Employees? During a merger, two companies legally, financially, and practically merge into one. Likewise, during an acquisition, two companies become one when one company acquires or takes over another. Although the legal process differs, the ramifications for employees are the same. A merger or acquisition can mean big changes in an organization, from restructuring to changes in the company culture and leadership. Employees understandably might find this a stressful time full of uncertainty about their role in the company. At the same […]
What Are the Risks and Benefits of Boilerplate Contract Clauses?
Posted on December 31, 2024
Boilerplate contracts are contracts featuring standard pre-drafted clauses. The term “boilerplate” comes from a long-ago time when manufacturing used steel plates for its boilers, and later the printing industry took on the word when it stamped text onto metal plates. Today, boilerplate contracts and boilerplate clauses are available online as free or low-cost templates, and they offer quite a few benefits such as efficiency and savings. Yet there are many situations in which a boilerplate contract may not be the best fit to protect a business legally. An experienced Naperville, […]
Worker Misclassification: How a Seemingly Simple Mistake Can Cost Your Business Dearly
Posted on December 9, 2024
One of the critical tasks you will face as a business owner is ensuring that you properly classify your workers as either employees or independent contractors. There is a significant legal difference between your responsibilities if you employ an independent contractor versus an employee. Additionally, misclassifying a worker can result in legal issues. Even a seemingly minor mistake can result in massive fines and penalties for worker misclassification. If you own or manage a small or medium-sized business, an experienced attorney can ensure that you understand and comply with essential […]
Contract Term Glossary for Business Owners
Posted on November 25, 2024
As a business owner, you have to wear many hats: entrepreneur, manager, employer, and more. One thing you will do repeatedly as a business owner is read and review contracts. Whether it is a commercial lease, a vendor agreement, a purchase or sale agreement, an employment agreement, a partnership agreement, or another type of contract, to do business is to enter into business agreements. Although you may find that business contracts contain a bunch of “legalese,” the name for legal words that are not familiar to non-lawyers, many of these […]
What are the Benefits of Structuring Your Business As An LLC?
Posted on October 11, 2024
One of the most important early decisions an entrepreneur will make is to decide on the corporate structure of his or her business. The choice of corporate structure will influence many factors tied to a company’s success, operation, and growth. An Illinois business law attorney can advise you on the popular Limited Liability Company (LLC) corporate structure. Here are some of the basics about LLCs and why so many people choose them. Liability Protection As the name suggests, limited liability companies offer owners protection from personal liability if the company […]
Practice Areas
Blog Sign Up
Like what you see?
Follow us to stay current!
630-756-1160
CONTACT US
Providing You With
Peace of Mind
400 East Diehl Road, Naperville, IL 60563 |
630-756-1160
