As of February 2025, the status of Business Ownership Information (BOI) reporting is on hold due to ongoing legal proceedings. A federal court order has suspended the requirement for businesses to file BOI reports with the Financial Crimes Enforcement Network...
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Good intellectual property licensing can help avoid litigation
Once a business becomes successful, it likely has an entire intellectual property portfolio that includes patents, trademarks and various copyrights. And, one of the ways successful brands and businesses increase their income streams is by licensing parts of that...
Do I need a business plan for a nonprofit?
Godfrey area residents seeking to establish a nonprofit organization may wonder if a business plan is necessary. A business plan is a written document detailing the goals of a business and how those goals will be achieved. It is a commonly used tool in a for-profit...