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 […]

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 […]

Naperville Business Attorney Discusses Finding the Right Business Partner

Whether you are looking to start a new business venture or are considering a long-term deal that could affect your company for years, it is vitally important to choose your business partners carefully. Such decisions are especially critical if you are creating a partnership in the early stages of your business. In my practice, I […]

A Solid Partnership Agreement Can Prevent Disputes

Going into business with a partner can be fun, exhilarating, and very profitable. However, going into business with a partner unprepared can be stressful, contentious, and financially devastating. Like many of my clients who have considered establishing a partnership, you may have questions about how to avoid partnership disputes and give your company the best […]

Small Business Attorney Examines the Illinois Religious Freedom Restoration Act

The recent passage of the controversial Religious Freedom Restoration Act in Indiana has dominated headlines across the country, igniting fierce debate and harsh words from across the political spectrum. Many of my clients have been wondering if Illinois has passed or would consider passing similar legislation and how such a law would affect their rights […]

Resume Red Flags and Green Flags for Choosing the Right Employee

A well-crafted resume offers an employer a glimpse into the professional life of a potential new hire. A small business is only as good as the individuals it employs, and all small business owners must be careful to choose the right new employee. Our small business law attorneys at the The Gierach Law Firm have […]

Same-Sex Marriage Raises Questions for Illinois Businesses

Illinois businesses involved in the wedding industry may find themselves facing a dilemma as same-sex couples begin to legally marry in 2014. The legislation, which was signed into law in 2013, may require some business owners to violate their personal beliefs in order to stay within the law. According to the Quad-City Times court battles […]

Starbuck Loses Trademark Lawsuit

In a legal case of David and Goliath, a small NH coffee shop has prevailed over a trademark infringement lawsuit filed against them by corporate giant Starbucks. Jim and Annie Clark own and operate the Black Bear Micro Roastery, located in Tuftonboro, NH. One of the coffee blends offered to their customers is called “Charbucks.” […]

The Debate Over LLC Filing Fees in Illinois

Within Illinois, limited liability corporations (“LLCs”) are a business structure used by many small business owners and entrepreneurs. The Illinois Secretary of State reported that in 2012 over 29,000 businesses in the state filed under LLC status, which was 2,000 more than the previous year. LLCs allow businesses to avoid corporate taxes, while also shielding personal […]

The Confusion Regarding Corporate Tax Payments in Illinois

At the end of January, Illinois Speaker of the House Michael Madigan submitted a proposal aimed at cutting the corporate income tax in half. This move has been viewed somewhat pessimistically because three years before, Madigan was responsible for substantially increasing the income tax rate for Illinois companies. However, over the past year, Madigan has […]