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All in Legal
What if the business entity you choose doesn’t end up being right for your business? What if your enterprise has evolved and now it seems a different entity structure is a better fit? Are you stuck with the choice you made when you first established your business? A new law allows entities to more easily convert from one entity type to another and to change states where the business is domesticated. Read on to find out more…
The LLC is a flexible entity structure that provides liability protection for business owners while avoiding many of the restrictions placed upon corporations. Management of the LLC can be done in a number of ways: member-managed or manager-managed. Read on to learn more…
Lenders view loans to small businesses, particularly start-ups, as among the riskiest they make, particularly when there is little or no credit history or business revenue on which to base their decision. Lenders may require you to sign a personal guarantee. Read on to find out some ways you can lessen your personal risk.
City Council today voted to adopt a major update to the Chicago Building Code that will better align the city’s construction requirements with up-to-date model codes and national standards. The new code represents the first comprehensive revisions to the building code in 70 years and will make construction in Chicago more affordable by expanding options to design and build with a wider range of materials and technologies. Read on to find out more and its impact on you.
Fundraising is the lifeblood of any charitable organization. The State of Illinois has one centralized process to make sure that fundraising is conducted ethically and with appropriate oversight. This process is called Charitable Solicitation Registration.
Running a nonprofit can be incredibly rewarding, but it can also be a great challenge. With a great support team and by sticking to these top ten essentials, your nonprofit can be stronger and more effective than ever.
The Tax Cuts and Jobs Act, enacted in December 2017, will impact your small business. The reforms represent the most sweeping tax overhaul in 30 years. Read on to find out the most important changes.
Security deposit law in the City of Chicago is relatively straightforward; however there are very specific requirements around how and where that security deposit is held during the lease term, and there are penalties for failure to do so. Read on to learn more about the landlords’ requirements for holding security deposits.
If you have the vision, commitment, and passion to create a church from scratch, the legal part doesn’t have to be too hard. Here are ten basic steps (well, really 9) that you need to follow to create a church.
I’ve heard from countless entrepreneurial-types who are interested in real estate investing, some even who are bursting at the seams to get started. Read on to get a few resources to help you get started!
If you registered your trademark with the USPTO in the last six years, this article is for you. If you filed between 5 and 6 years ago, you may need to take action this year in order to keep your trademark alive.
The Illinois Property Disclosure report is intended to prevent home sellers from intentionally failing to report the condition of a property accurately in order to sell it. This form, provided to buyers before closing, gives the buyers a full and accurate picture of the home they are choosing to buy. Read on to learn more about your liability exposure under this law.
