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 […]

Partial Plastic Bag Ban Exempts Mom and Pop Small Businesses

Every year in Chicago over 3 billion plastic bags are used in the city. However, a new law passed by the Chicago City Council at 36-10 votes has resulted in a partial ban on the use of plastic bags by retailers and other local businesses. Luckily, this plastic bag ban does not apply to many […]

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 […]

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 […]

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 […]

Inexpensive Marketing Techniques for Small Businesses

Small business owners in Illinois have it tough. The cost of operating in this state are high, and are more easily absorbed by large corporations. However, there are a few ways in which small businesses can facilitate progress without breaking the bank. In fact here at the Gierach Law Firm we have compiled a list […]

504 Loans Offer Alternative Sources of Financing for Illinois Businesses

New relief is coming to small business owners in Illinois who are looking for inexpensive, high-quality financing from lenders they can trust. This year the Regional Development Company (“RDC”), a highly respected regional community development organization, will be extending its reach into Illinois. What is the RDC? The RDC is a federally certified business development […]

Small Business Owners and Disaster Preparedness Plans

Two weeks ago, brash tornados touched down throughout Illinois, leaving in their wake a trail of destruction. While locals are still attempting to pick up the pieces of this disaster, the small business attorneys here at Gierach Law Firm felt that this would be a good time to discuss the necessity of developing disaster preparedness […]

Illinois Bill Signed to Assist Small Business Owners

Governor Pat Quinn has signed into law a bill that creates a specialized task force to aid Illinois small business, particularly those owned by minorities. The Illinois Small Business and Workforce Development Task Force Act will provide businesses with easier access to capital funding, workforce development, and state contracting opportunities. The law hopes to expand […]

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 […]