Tag: small business

Keeping Employment Matters Under Control 

Posted on April 12, 2022

naperville business lawyer

Businesses across the country are dealing with staffing issues during these unprecedented times. As a business owner, having proper documentation can prevent many different issues with staff. Providing your staff with clear job descriptions, goals, employment conditions, reviews, handbooks, and other employment materials helps them understand their responsibilities. Ultimately, proper documentation helps grow your business.  Furthermore, having things in order and properly documented can make transitions easier and help you avoid lawsuits down the road. Business owners and partners often find that having an outsourced general counsel can help address […]

Posted in Business Law

Do You Have a Succession Plan in Place for Essential Leaders?

Posted on April 5, 2022

naperville business lawyer

Every business should have a succession plan and exit strategy to prepare for the owner/leader’s retirement, sale of the company, or changes in key management positions. The importance of a business succession plan is especially important during the Great Resignation. Business leaders and business owners should consider: Who would replace critical people on your staff? Who would take over the business if the owner or a key member of the business retires, becomes ill, or dies? These questions need to be asked now to avoid a crisis later. There are […]

Posted in Business Law

What Are the Top Legal Issues That Small and Mid-Size Businesses Face?

Posted on March 15, 2022

naperville business lawyer

Every business will encounter legal concerns that will need to be addressed. Determining the best ways to handle these issues can often be difficult for small businesses or mid-size companies. These companies will most likely not be able to keep an attorney on staff, and they may only encounter legal concerns infrequently. However, addressing business law matters the right way can be crucial, and business owners will want to be aware of the issues that may affect them and their company. Some of the most common legal concerns small businesses […]

Posted in Business Law

Top 3 Ways Outsourced General Counsel Helps Grow Your Business

Posted on June 10, 2021

Naperville outsourced general counsel lawyers

If your business revenue is in the $10 million or above range but your company is not large enough to justify an in-house attorney, consider utilizing outsourced general counsel (OCG). With OGC, you gain legal guidance and support from a business lawyer without needing to hire an attorney full time. The advantages associated with this approach are plentiful, which is why more and more small and medium-sized businesses are using outsourced general counsel to meet their needs. To effectively grow your business, you must ensure that sensitive legal concerns are […]

Posted in Business Law

How Outsourced General Counsel Can Protect Your Business and Help You Enjoy Continued Success

Posted on May 27, 2021

Naperville business law attorney

As a business owner, you may feel like your to-do list never ends. Juggling sales, marketing, budgetary concerns, inventory, and employee issues can leave many business owners overwhelmed and overworked. Handling everything on your own is not only stressful but also unsustainable in the long run. Learning how to properly delegate is essential to your business’s long-term success. One way you can delegate responsibilities and ensure that you are not making mistakes that can land you in legal trouble is to utilize outsourced general counsel. What is Outsourced General Counsel? […]

Posted in Business Law

Managing the Unique Challenges of the Rapidly-Changing Manufacturing Industry

Posted on May 4, 2021

Naperville manufacturing attorney

When the average person thinks about the manufacturing industry, they might picture large corporations producing massive quantities of products. However, small and medium-sized businesses make up a substantial portion of the modern manufacturing industry. In fact, it is estimated that over 98 percent of manufacturing companies in the U.S. are small businesses, and more than 75 percent of these companies employ fewer than 20 workers. If you are a small business owner or business leader in the manufacturing sector, it is important to keep up with the rapidly changing landscape […]

Posted in Business Law

Delegating Responsibilities is Key to Success for Small and Medium-Sized Businesses

Posted on April 27, 2021

Naperville business law attorneys

As a business leader, it can often seem like your “to-do” list never ends. The moment you complete one task, three more responsibilities present themselves. Between dealing with staffing and management concerns, financial planning, customer service, and daily operations, you may often feel like you are drowning in a sea of responsibilities. The constant influx of responsibilities can make it difficult or nearly impossible to focus on ideas that can improve your business in the long term. This is why one of the most important things you can do to […]

Posted in Business Law

Avoiding Common Lawsuits That Affect Small Businesses

Posted on January 12, 2021

lawsuits, Naperville business lawyers

Research shows that legal battles cumulatively cost U.S. small businesses over $100 billion every year. Having a lawsuit brought against your small business can result in crippling legal costs and serious damage to your business’s good reputation. One of the best way to avoid being the subject of a lawsuit is to take steps to ensure that your business always remains compliant with current state and federal law. As a qualified business lawyer, I can help you minimize the risk of employment disputes as much as possible. Lawsuits Faced by Small […]

Posted in Business Law

Important Considerations for Scaling Your Small Business

Posted on January 5, 2021

Naperville business lawyers

Being a small business owner is hard work. In my 30-plus years as a business law attorney, business owner, and Certified Public Accountant (CPA), I have learned many lessons. One of these is that an entrepreneur must always be thinking of new and creative ways to find success. If you are a small business owner like me, you are probably constantly thinking of ways to grow your business. You are likely searching for more opportunities and ways to expand your customer base and increase your profits. Of course, there is […]

Posted in Business Law

Protecting Your Small Business From Common Lawsuits

Posted on November 24, 2020

lawsuits, Naperville business lawyers

When you own and operate a small business, it can be the realization of a lifelong dream. Many business owners are drawn to the freedom and financial opportunities offered by owning and running a successful company. As a business law attorney and a small business owner, I also realize the risks that come with business ownership. For example, small business owners are always operating under the fear of facing a lawsuit. A small business can be sued for a plethora of reasons. Even if the cause of action has little […]

Posted in Business Law

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