Naperville Business Lawyer Discusses the Difference Between a Limited Liability Company and a Limited Liability Partnership

If you are planning on starting a business, you will need to decide what type of business entity is right for you. The type of business structure you choose will influence nearly every aspect of your business, so it is important to do your research and select the type of business structure that best meets […]

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 […]

Naperville Business Attorney on Your LLC and Personal Bankruptcy

When you are looking to start a business, there are a number of things to consider. Of course, you want to be sure that you will be offering products or services for which there is plentiful demand. You will need to be certain that you can meet the needs and expectations of your customers. Once […]

Naperville Business Attorney Addresses Advantages of an LLC

For an entrepreneur, one of the most important decisions to be made in the early stages of business ownership is the selection of an appropriate business entity structure. With a number of options from which to choose, deciding on the best one requires careful consideration of the advantages and potential drawbacks of each, as well […]

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 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 […]