Business Law Blog
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Memorandums Of Understanding vs Contracts
May 3, 2021
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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What Does a Business Lawyer Actually Do? | Chicago Business Attorney
April 1, 2021
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
November 20, 2020
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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Profit Sharing Tips for Illinois Businesses
November 17, 2020
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
November 10, 2020
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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What Is Involved in the Business Contract Review Process?
October 19, 2020
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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Understanding the Terms of a Non-Compete Agreement in Illinois
October 7, 2020
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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Stock Sale Versus Asset Sale in a Business Acquisition
September 24, 2020
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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What Are the 3 Stages of Purchasing a Business in Illinois?
September 8, 2020
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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4 Practical Considerations for Buying a Business in Illinois
August 20, 2020
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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What Is the Difference Between a Corporation and an LLC?
August 11, 2020
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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Why Is It Important to Have an Operating Agreement for an LLC?
July 29, 2020
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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