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...
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
How do you choose the right structure for your business?
As an entrepreneur in Illinois, you know that taking care of all the legal and administrative aspects of your business is often time-consuming. Along with bringing in clients and creating invoices, you also need to make sure you pay taxes and register your business...
Proposed Illinois law unfairly applies to small businesses
It is reasonable for consumers in Illinois to desire greater privacy protections and transparency when it comes to how businesses collect and use their personal information. Yet privacy should not come at the unfair expense of small businesses. Illinois House Bill...
Using strategy to secure rewarding business contracts
Some of the most rewarding parts of operating your company in Illinois will be the invaluable opportunities you have to network with and form agreements with other successful entities that may enable you to access an entirely new level of success. Developing contracts...
What steps must you take to dissolve your business?
There are many different reasons you may have to dissolve a business in Illinois. Regardless of your rationale, however, there are certain steps you have to take when shutting down a corporation, limited liability company or partnership. The following is not an...
Illinois leads the pack for veteran entrepreneurship incentives
Though Illinois ranks as the least friendly state to start or operate a small business, it ranks in the top 10 for most veteran entrepreneur-friendly states. According to the State of Illinois Department of Veteran Affairs, the state has 89,110 veteran-owned...
Do I need a succession plan for my family’s business?
Every family business should have a succession plan to help create business stability and prevent family infighting in times of change. Succession planning can foster a smooth leadership transition for the time you choose to retire from your business or are forced to...
Developing your small business through effective marketing
If you have recently launched your small business in Illinois, you may be well aware that maintaining any sort of company at all requires you to dedicate consistent time, effort and resources to achieve your initiatives and attain success. At Farrell, Hamilton &...
What should I fight for in a business negotiation?
You have just been presented with an invaluable opportunity to do business with some incredible companies in Illinois, but part of reaching an agreement with them requires you to negotiate. This aspect of business is truly an art and one that you have to develop and...