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  Starting your own business can be a rewarding, yet daunting, task. It will take passion and perseverance in order to ensure your business will thrive. Before a business is permitted to operate, it must be recognized...

A Limited Liability Company (LLC)is a legal entity and a business structure in Illinois and the United States that protects business owners from personal responsibility for their liabilities or debt. It is a hybrid entity...

  Shareholder Oppression in Closely Held Businesses in Illinois If you are a minority shareholder of a closely held business in the state of Illinois, you have rights when the majority shareholders or directors of a...

Things to Consider When Buying and Selling Businesses in Illinois If you are considering buying a business or selling your business, you may feel overwhelmed with the process. Contracts, filings, and state laws all need to be...