Small Business

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Serving Waukegan, Libertyville, Lake County, Gurnee & nearby areas of Illinois Posted: December 26, 2017 The State of Illinois passed legislation on December 20, 2017 which became effective immediately and significantly reduced the fees which must be paid to set up and maintain a limited liability company with the Secretary of State’s office.  The fee

When operating a small business, you need a support team of professionals.  Most owners will automatically retain a CPA or tax adviser to help them deal with the financial aspects of the business.  A business attorney should also be a part of your team.  The costs associated with hiring a good law firm will save

Succession planning involves anticipating how you’ll turn your business over to someone else when you retire, become disabled or die unexpectedly.  Considerations can be quite different for a family business than they would be for a partnership or closely held corporation. If your business is a sole proprietorship, you might have more options than if it’s a partnership. Typically,

Serving Waukegan, Libertyville, Lake County, Gurnee & nearby areas of Illinois Posted: March 23, 2016 Our firm represents many small businesses including start up enterprises. With our help, they typically establish a corporation or limited liability company both to protect the owner(s) from unforeseen business liabilities and for certain tax advantages. Despite setting up this