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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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llc operating agreement Business Law

Why LLCs Are a Great Option for Illinois Small Businesses

If you have a self-made, self-owned business, the connection that you have with your work is likely more than just business. Small business owners typically view ...
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LLC vs Corporation Business Law

LLC vs Corporations

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 ...
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innovation Startup

How to Start a Business

(This post is part of a series on starting a business. This page will continue to add links as we I add more content.) COVID-19 ...
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Covid 19 Uncategorized

Contracts During the Covid-19 Pandemic

Covid-19 and the SARS-CoV-2 virus have not only wreaked havoc on people’s health, but also on businesses. One common question during this difficult time is ...
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autistic spectrum disorder Uncategorized

Do Not Strip the Rights of Children with Disabilities During Covid-19 Crisis

Dear family, friends, colleagues, and anyone who reads this. I need your help. The Covid-19 Crisis is a difficult time for all of us. We ...
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Are Contracts Legally Binding?

As a contract lawyer, many clients ask me if their contracts are legally binding. By definition, if an agreement meets the requirements of a contract, ...
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