Many people in Godfrey and throughout the greater Saint Louis area may be interested in forming a charity for some noble cause. As people probably guess, forming a charity or nonprofit is not just a matter of having a good cause and funds available for spending. There...
Experienced Representation In Business Law, Estate Planning And Tax Law
Experienced Representation In Business Law, Estate Planning And Tax Law
Experienced Representation In Business Law, Estate Planning And Tax Law
business law
When choosing a business structure, consider liability
When an entrepreneur in Illinois is deciding on their business structure, one of the first things they should consider is whether they want to be held personally liable for business debts. Generally, in a sole proprietorship, the founder/owner of the business is...
Why you need a business partnership agreement
When you start a business, you are investing in your future. It likely is the biggest financial decision of your professional life. You will feel the impact, bad or good, for decades. When you go into business with a partner, your life becomes even more complex. Your...
What should your partnership agreement contain?
If you contemplate setting up your new business as a partnership, your partnership agreement will become your foundation document. As such, it should not only be written, but also carefully drafted so as to cover all major potential issues that could arise. FindLaw...
Things you should do before starting a business
With a new year and a new decade in full swing, you may have decided it is the right time to start your own business. Although it can be stressful, starting a business can be very fulfilling. There is a significant commitment required for a successful business, and it...
Common mistakes when starting a small business
Starting a small Illinois business is a balancing act. Your work and personal lives are about to change in big ways. Dedication is part of your successful formula. You also have to plan, plan and plan some more. Otherwise, you are setting yourself up for common...
What mistakes should I avoid with my startup?
Starting a business in Illinois is a huge undertaking. Finding success in the business world is difficult, and you have probably heard the statistics about business failure. However, that should not chase you away from following your dreams. You can help ensure your...
Steps to protect your business from a lawsuit
Having your own business can be a rewarding and profitable experience, but it can also bring about litigation, which occurs more and more often. To protect yourself and your business, it is important to set yourself up for success and cover all your bases as far as...
What should I look for in a business partner?
Some Illinois business owners want to expand their operation by bringing in a partner. Alternatively, you might be starting off your first company and want to do it with a partner. No matter the reason, forming a business partnership is a crucial step that can make or...
The necessity of having a partnership agreement in writing
No matter the type or size of a company that is set up in Illinois, it is a good idea that business owners set up important contracts and agreements in writing. This is considered to be a smart company practice due to the fostering of mutual understanding and...