Joint Employer Status: A Legal Update for Franchisors and Franchisees
One recent legal decision that has significant implications for the franchising industry is Chamber of Commerce of the United States of America, et al., v. NLRB, et al.
The Importance of a Legal Review when Buying or Selling a Business
One of the key reasons why a legal review by an attorney is important when buying or selling a business is to protect your interests. The attorney will carefully examine the terms of the purchase or sale agreement, including the purchase price, payment terms, and any contingencies. They will ensure that the agreement reflects your best interests and that you are not exposed to any unnecessary risks.
Navigating Business Transactions in Illinois: Best Practices for Working with a Business Broker and Attorney
In the complex world of business transactions, having the right professionals by your side can make all the difference. Whether you’re buying or selling a business in Illinois, partnering with a skilled business broker and attorney can help you navigate…
Introduction to Real Estate LLCs in Illinois
What is a Real Estate LLC? A Limited Liability Company (LLC) is a flexible business structure that combines the benefits of a corporation and a partnership. For real estate investors, forming an LLC provides significant advantages, particularly in terms of…
Are you required to Report Beneficial Ownership Information (BOI) for Your Business?
As a small business owner, staying compliant with evolving regulations is crucial to the success and sustainability of your business. With the recent implementation of the Corporate Transparency Act (CTA), understanding your reporting requirements regarding beneficial ownership information is more…