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Memorandums-Of-Understanding-vs-Contract Business Law

Memorandums Of Understanding vs Contracts

It’s easy to confuse a contract with a memorandum of understanding (MoU). After all, both talk about agreements, and they’re made between two or more ...
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Business Law

What Does a Business Lawyer Actually Do? | Chicago Business Attorney

Illinois business and contract law attorney Danya Shakfeh explains what business lawyers actually do, what makes a business lawyer good at what they do. In ...
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Everyday Business Podcast: Episode 2 – Entrepreneur from Teenhood

Rami built a luxury car dealership from the ground-up starting at the tender age of 17. He talks about his early days and how he ...
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Business Law

Profit Sharing Tips for Illinois Businesses

If you have an entrepreneurial spirit, you may have dreamt of being your own boss someday or building a company from the ground up. Starting ...
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Everyday Business Podcast: Episode 1 – The Self Taught Entrepreneur

Attorney Danya Shakfeh interviews Ayat Shukairy, co-founder Invesp. Ayat is a recognized expert on marketing strategy and an in-demand speaker who has presented at marketing ...
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contract Business Law

What Is Involved in the Business Contract Review Process?

For any business owner, it is imperative that all agreements related to the company are put in writing in order to protect his or her rights and ...
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non-compete agreement Business Law

Understanding the Terms of a Non-Compete Agreement in Illinois

As a business owner or an employee, it is important to understand the contracts you are signing, whether you are a new employee accepting a job or ...
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asset sale Business Law

Stock Sale Versus Asset Sale in a Business Acquisition

If you are considering selling your company, it is important to understand the few ways that this can occur. Maybe you wish to fully sell or ...
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3 stages Business Law

What Are the 3 Stages of Purchasing a Business in Illinois?

Many business professionals dream of owning a business, but they may not want to start from scratch. While entrepreneurialism is a common way to own ...
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practical considerations Business Law

4 Practical Considerations for Buying a Business in Illinois

Illinois businessmen and businesswomen who would like to own their own business have two options: start your own business or buy someone else’s. There is a certain sense ...
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business Business Law

What Is the Difference Between a Corporation and an LLC?

Anyone who is starting a business will need to select a business entity or model with which they will follow. A corporation and limited liability company (LLC) ...
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operating agreement Business Law

Why Is It Important to Have an Operating Agreement for an LLC?

Many small business owners opt to have a limited liability company (LLC) business structure. This provides the owner, or multiple owners known as “members”, with ...
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