8 New Changes To The Illinois Limited Liability Company Act

In the spring of 2016 the Illinois House and Senate passed the HB4361, which was signed into law on July 28, 2016, by Governor Bruce Rauner. This bill, which becomes effective July 1st, brings about sweeping changes to the Illinois Limited Liability Company Act, and brings Illinois more in-line with the Uniform Limited Liability Company Act […]

How To Decide Which Business Entity Is Right For You…

As more and more professionals turn to entrepreneurship in this tough job market, their concerns shift to the best business entity to establish, as well as the advantages and disadvantages of the legal structure under which their business has to operate. The type of business entity you form determines how your business will be taxed, […]

By |July 8th, 2015|Business Formation, Selling Advice|0 Comments

Top 3 Legal Missteps Entrepreneurs Make

For many individuals, owning a business, or becoming the CEO of a previously existing business, is a sought-after dream. Many people put in hard work and dedication to ensure that this dream becomes a reality. In fact, in 2013 alone, approximately 520,000 new businesses were started… but how will these businesses fair in the upcoming […]

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