Why You Need A Business Lawyer

Starting a new business can be overwhelming and having the assistance of a business lawyer is crucial to your success.  As an entrepreneur, there are a lot of things to consider when starting a business.  Your business lawyer can advise you on things like the type of business entity you form and keeping accurate tax records. They can guide you through the complicated employment process and...Read More

Get Financial Religion Before Selling Your Business

There is no better time for small business owners looking to sell their closely held business. However, business owners hoping to cash out can quickly discover that issues with their internal financials can become a roadblock to a sale. Disorganized or missing financial or corporate records when selling your business can turn off potential buyers, who demand complete transparency when buying a...Read More

FREEDOM TO WORK ACT – NEW RULES FOR ILLINOIS EMPLOYERS

Illinois Governor J.B. Pritzker has signed Senate Bill (SB) 672, which will be known as the Illinois Freedom To Work Act. The new law will significantly reform non-compete and non-solicitation law in Illinois. The Act imposes limitations on non-compete and non-solicitation agreements, and it provide employers with more clarity about enforceability. The new law has a January 1, 2022, effective...Read More

Tips to Avoid Embezzlement in Your Business

Embezzlement is a theft by a business partner, employee or other trusted individual in a business setting. It usually involves diverting company funds or resource, but it could also include the theft of merchandise, supplies, equipment,inventory, or even business data. Tips for Protecting Your Small Business from Embezzlement Embezzlement happens to small to medium size businesses when they...Read More

Sexual Harassment Training Now Required

On August 9, 2019, Illinois enacted the Workplace Transparency Act, which amends the Illinois Human Rights Act. This new law requires that all Illinois employers provide annual sexual harassment training to its employees. Effective January 1, 2020, all employers must train all employees in Illinois each year. The first deadline is January 1, 2021. The annual sexual harassment training program...Read More

Sales Representatives In Illinois Have A New Friend

The Illinois Sales Representative Act states that a principal who fails to pay a sales representative is liable for the commissions, plus attorney’s fees and potential punitive damages up to 3 times the amount of the commissions owed. The Illinois Sales Representative Act is a little known law which states that a principal who fails to pay a commission to a sales representative is...Read More