business law

Most business owners in Illinois try to stay aware of any new regulations that could impact their operations. This can be difficult as legislators are often making new laws that are designed in theory to benefit workers. However, some laws can hinder a business’...

When someone decides to start a business in Illinois, it’s helpful to be aware of and prepare for some of the issues that often arise in start-ups. Starting a new business can take a lot of time, money, and determination. But those who are prepared for setbacks can...

Most businesses in Illinois will deal with some type of dispute, and many will face these issues on more than one occasion. A business dispute between partners, shareholders or others with an interest in the organization can decrease productivity and negatively impact...

Starting a business from scratch comes with challenges. While many people in Illinois dream of being entrepreneurs, reaching those goals can be difficult. Starting a business requires time, money, and knowledge of the market. Those who wish to start a new business can...

There are many people with an entrepreneurial spirit who want to branch out on their own to start a new business. Being an entrepreneur can be very rewarding, but it also requires a lot of hard work. Illinois is home to many people who’ve had success in creating their...

Opening a business in Illinois is a complex process that involves many different steps. One of these steps is creating a business model. You have probably heard the term “business model” but may wonder exactly what it means. A business model is a plan for how your...

A limited liability company (LLC) is the most common type of business in the United States. It’s a business structure that protects its owners from being liable if the company accumulates debts or is sued. LLCs are relatively inexpensive to set up and the...

Employee scheduling and supervision, financing, inventory and customer satisfaction are among the issues that complicate running a business and keep owners up at night. Businesses may also face the risk of legal actions and liability. Common reasons Lawsuits are not...

When individual entrepreneurs join forces to start a new business, their excitement level is usually very high. Sometimes, the excitement can block from view the need to prepare documents that may be crucial to the company’s future. One of these agreements is a...

Most Illinois residents at some point have probably taken out a loan from a bank or other financial company. Usually, these firms are above board in that the terms of the loan are clear, and a borrower has an opportunity to review and understand them. These loans help...