Why Is Due Diligence Important When Deciding to Become a Franchise Owner?

Some people knew that they wanted to one day own a business when they were in elementary school. For others, the dream of business ownership came later in life. Buying a franchise is a great way to become a business owner while still benefiting from the guidance and leadership of a franchisor. Franchise owners have […]

Naperville Business Lawyer Discusses Costly Mistakes When Buying a Business

As you probably realize, buying a business offers an opportunity to be your own boss and build the entrepreneurial career of your dreams. However, buying a business also comes with significant risks. In my many years as a business law attorney, I have seen nearly every type of mistake a business owner can make. I […]

Naperville Business Lawyer Discusses Red Flags When Buying a Business

Being a business owner is unlike any other type of job. When you buy a business or start a business, you become your own boss and gain the ability to control exactly how your company is run. Oftentimes, buying an existing business presents fewer risks than starting your own business from scratch, but an entrepreneur […]

Advice from a Naperville Business Law Attorney for Those Buying a Business

Buying a business may be one of the biggest decisions you will ever make. If you are considering buying a business, you may have many questions and uncertainties to contend with. You may even question at times if you are making the right decision at all. Speaking with a knowledgeable business law attorney can be […]

Tips for Buying a Business from a Naperville Business Attorney

For a first-time business owner, the prospect of buying a business can be quite overwhelming. You may not be certain where to start, what to do next, or even if you are making the right choice. That is why it is so important to work closely with an experienced business lawyer. A knowledgeable attorney can […]

Things to Consider before Buying a Business

In the modern commercial world, businesses are regularly being purchased, sold, and merged. Even more frequent are the discussions about purchasing interests of a particular company. For example, just this week rumors emerged once again regarding Google’s interest in buying social media icon Twitter. While financial experts will endlessly debate the advantages and disadvantages of […]

Options for Selling Your Small Business Online

Has your profitable business become too much for you to manage on your own? Are you interested in early retirement, or in making a sharp career change? Are you ready to become a small business owner, but would prefer to purchase a business that’s already up and running? If you answered yes to any of […]

Are You Ready for Your Business Sale Closing?

Whether you’re selling or buying a company, there are several concepts that should be addressed during this closing meeting to finalize the sale. You should never attend a business sale closing meeting without extended consultation prior to the meeting with your business law attorney. Your legal counsel should also attend this meeting with you. It’s […]

Due Diligence Requirements for Purchasing an Existing Business

If you want to become involved in business as an owner, purchasing an existing business is an excellent way to avoid many of the challenges of starting your own company. Purchasing a current business, however, does present several responsibilities for the business owner that must be addressed immediately. You should not enter into any business […]

Is Starting a Business Right for You?

Becoming an entrepreneur can be a fulfilling, exciting, liberating, and sometimes terrifying experience. It takes a special person with a unique set of skills to successfully start and maintain his or her own business. According to the Small Business Administration (SBA), knowing if you are the type of person who could succeed in running a […]