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 […]

3 Tips for Writing a High-Quality Business Plan

If you are an entrepreneur interested in starting a business, your mind is probably racing with ideas and possibilities. One of the most important things you can do to start your business off on the right foot is to create a detailed business plan. As the old saying goes, “Failing to plan is planning to […]

Naperville Business Lawyer on the Importance of Vetting Your Business Idea

If you are like most people, you have probably had an idea or two that made you stop and wonder if it could provide the foundation for a profitable business. Of course, only a small percentage people ever put their ideas into action. Those who build successful companies, however, do not take action until they […]

A Common Regret for Business Owners

Are you a visionary with impeccable organizational skills and a sharp business acumen? If so, you may be well-qualified to get a commercial new enterprise off the ground. A qualified business planning attorney can assist you in taking the necessary steps toward building a successful new company. Specifically, I can tell you that there are […]

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 […]

Upcoming Small Business Workshops in Illinois

This year, Carbondale’s Illinois Small Business Development Center/International Trade Center (ISBD), located on Southern Illinois’ University of Carbondale campus, will be hosting an assortment of “Starting a Business in Illinois” workshops at different sites throughout the state. At these sessions, instructors will be discussing the essential elements for a business startup in Illinois. The specific topics […]

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 […]

Determining Employee Pay

One of the most difficult decisions when you’re setting up a business is determining employee pay. It can be daunting to project the profits of your endeavor and balance your expectations with those of the people working for you. Turning down a request for a raise, or having to tell an employee that you can’t afford to […]

Are You Ready for Your Business Sale Closing?

Whether you’re selling or buying a company, there are several concepts that should be addressed during this closing meeting to finalize the sale. You should never attend a business sale closing meeting without extended consultation prior to the meeting with your business law attorney. Your legal counsel should also attend this meeting with you. It’s […]

Is Starting a Business Right for You?

Becoming an entrepreneur can be a fulfilling, exciting, liberating, and sometimes terrifying experience. It takes a special person with a unique set of skills to successfully start and maintain his or her own business. According to the Small Business Administration (SBA), knowing if you are the type of person who could succeed in running a […]