The Rise of Minority Entrepreneurs in the United States

For decades, minority-owned businesses and other forms of minority-led entrepreneurship have been on the rise in the U.S. In fact, from the period of 2002 through 2007, there was a 46 percent increase in the amount of minority-owned businesses. This increase has been aided by a variety of impetuses including the U.S.’s ever increasing immigrant […]

“Fair Tax” Could Extend Some Relief to Illinois’ Small Businesses

The effects of the 2008 economic downturn can still be seen throughout the state of Illinois. No sector has been as toughly hit as local area small businesses. However, progressive tax amendments proposed in Illinois could have wide reaching implications, that could even decrease small businesses tax liability. Many believe that these progressive tax amendments […]

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 […]

4 Tips For Taking the Plunge and Starting a New Business

It’s not a cliché to say that small businesses are the backbone of this great country. Currently there are more than 28 million small businesses in operation in the U.S. and more than 50 percent of the U.S.’s working population is employed by small businesses. An operation for profit is considered a small business if […]

Unlawful Application and Interview Questions

Illinois small business owners must navigate a range of confusing rules and regulations in their operations. The challenges are manifest even more when dealing with employees. All employees are protected from unlawful discrimination based on factors such as race, age, disability, religion, ethnicity, sexual orientation, and more. However, the protections under the law begin before […]

Tips for Drafting an NLRA Compliant Social Media Policy

Social media will forever change the way our society connects and communicates. As social media has become pervasive within our society, its use has become a norm within and outside the workplace. Any small business owner looking to institute a social media policy in their workplace must be aware of the National Labor Relations Act […]

Illinois Policies Make it Difficult for Small Business Owners to Thrive

Illinois is undoubtedly home to some of the nation’s most well-known corporations. Home to Boeing, Exelon, Johnson & Johnson, and Sara Lee, Illinois has many companies operating within its borders. These large corporations are subject to some of the country’s highest corporate tax rates. Lucky for them, large corporations can pay their way out of […]

Illinois Concealed Carry Law Creates Liability Concerns for Local Business Owners

On July 9, 2013, Illinois became the 50th state to pass a concealed firearm carry law. The Firearms Concealed Carry Act requires that all people carrying a concealed firearm on their person must first register for a Concealed Carry License. This law provides exceptions, prohibiting the carrying of a concealed arm in public places such […]