Business law can be puzzling to many new business owners. Put simply, the definition of business law is “The combination of statutes and court rulings that govern everything that concerns business operations”. Also known as commercial law or corporate law, this area of law addresses a wide variety of legal issues regarding business formation, contracts, […]
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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) are two different types of business entities that both offer their own benefits. Depending on how you would like ownership, taxation, and management to look for your business, you can
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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 their work as more than just a job. In many cases, it is their life’s passion and work all combined into one place. Building a business can be an exciting,
Why LLCs Are a Great Option for Illinois Small Businesses Read More »
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) are two different types of business entities that both offer their own benefits. Depending on how you would like ownership, taxation, and management to look for your business,
LLC vs Corporations Read More »
(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 is hitting businesses hard and wreaking havoc on the economy. As businesses and their employees are enduring mass layoffs, many are uncertain about what the economy’s status will be after this
How to Start a Business Read More »