4 Common Mistakes Business Owners Make When Drafting Contracts

Well-written business contracts are the backbone of a successful business. If you own a business, you may deal with sales-related contracts such as purchase orders, bills of sale, and warranties. You probably manage employment contracts such as employee agreements, independent contractor agreements, confidentiality agreements, and non-compete agreements, as well. Whatever types of contracts your business […]

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 Law Attorney on Avoiding Common New Business Owner Financial Mistakes

Choosing to become a business owner can be on the biggest decisions of a person’s life. Successfully running a business takes an incredible amount of dedication and hard work. However, there are also great benefits, both personally and professionally, to being a business owner. If you are thinking about purchasing a business or starting your […]

Naperville Business Lawyer on Common Mistakes to Avoid When Selling Your Business

Making the decision to sell a business is never easy. If you are a business owner, you have probably invested a tremendous amount of time, energy, and effort into running the company. You might be interested in selling the business because you are ready to retire, you want to move on to new business ventures, […]

Avoid These Mistakes When Hiring New Employees

One of the biggest responsibilities business owners have is managing employees. Making smart hiring and firing decisions can be challenging but also incredibly beneficial to your small business. The team of employees who represent your brand and operate your company can make or break your business. Hiring staff can be a complicated process full of […]

Naperville Business Attorney on Mistakes to Avoid When Terminating an Employee, Part 2

One of the most challenging and time-consuming parts of being a small business owner is managing employees. In a recent post on this blog, I talked about several things to avoid when firing an employee. Employers must make sure to be clear when they dismiss an employee. A worker who does not understand why he […]