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...
business law
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...
