Estate Planning and Your Business

If you own a business, you likely know the extensive planning that is involved in operations to ensure the organization is successful. Similar to the time and attention that is devoted to running a successful business, it should come as no surprise that a carefully devised estate plan is crucial to an orderly management ofContinue reading “Estate Planning and Your Business”

Relief for Illinois LLCs

A win for small business and entrepreneurship!  Illinois passes a law reducing fees to start and operate businesses to begin the new year! A lot has been written about the uncompetitive business climate in Illinois.  Among some of the criticisms are the government fees charged to begin a corporation and limited liability companies.  As aContinue reading “Relief for Illinois LLCs”

Thinking About Starting a New Business?

Do you have a great idea and the desire to run your own business or create a partnership? Before you start your own business or your partnership, you should be aware of considerations that will take place in the process of establishing a business entity. Starting a new business is an important decision, but properContinue reading “Thinking About Starting a New Business?”

How to Choose the Right Type of Entity for Your Business

You have your business idea and goals in mind. You know what service or product you want to sell. What is next in understanding which entity is the right choice for you and your business needs? Understanding Liabilities Before registering the entity, a business owner must understand the liabilities that he or she may face.Continue reading “How to Choose the Right Type of Entity for Your Business”