Business Transactions

Could incorporation have protected Cubs fan

The only thing Matt Smerge wanted was to raise money for his teenage son's college fund. Instead, he would up in an altercation with a Chicago police officer suing his beloved baseball team and putting his personal finances at risk. … [Read more...]

3 qualities to look for in your managers

“People don’t leave jobs, they leave managers” is a saying that many Illinois business owners are familiar with. According to Forbes, many employees will abandon positions with large salaries, competitive benefits or opportunities for advancement due to issues with their managers. … [Read more...]

Should you hire family members to work for you?

As most business owners know, bad hiring decisions can have steep costs. According to Forbes, replacing a bad hire can cost 30 percent of that person’s yearly salary. Poor hiring decisions can also adversely affect productivity and morale. … [Read more...]

Increase your profit margin through social media

Social media is a vital resource for increasing profit margins. As technology becomes a more and more important part of daily life, it influences people’s purchasing habits and the ways they share information. Smart businesses use social media to stay in touch with their customers and build a wider consumer base, as every Illinois business attorney is aware. … [Read more...]

SEO: What is it and how can it help your business?

Search engine optimization, or SEO, is the practice of promoting and improving a website to elevate the amount of attention it receives from search engines. Business owners working with a business attorney in Lake County should keep in mind that there are many different aspects to SEO and a company’s strategy can either be relatively simple or highly complex. … [Read more...]

What should your employee handbook include?

Business owners who work with a Cook County business lawyer often devise employee handbooks that outline what is expected of their employees and what employees can expect from them as their employer. Business owners creating a new employee handbook or updating their current one should make sure that their handbook contains several key pieces of information to accomplish this main purpose. … [Read more...]

What does business insurance cover?

Purchasing insurance is just smart business. No matter their size, businesses should always take the time and money required to ensure they are protected against many of the most common and most costly events that businesses can face. … [Read more...]

What kind of voting rights can I assign to shares in my business?

When investors hold shares of a privately held corporation, they are granted certain rights as partial owners of the company. While state corporation laws must be adhered to, private corporations’ articles of incorporation and bylaws can grant and govern many of these shareholder rights, including voting rights. … [Read more...]

Is there a benefit to outsourcing for small businesses?

Outsourcing is a business practice that has been around for decades. In order to save the costs associated with hiring skilled workers in certain areas, companies can send that work to other businesses that specialize in those areas. … [Read more...]

What 3 things should you consider when closing a business?

Making the decision to close a business can be a difficult step to take. Whatever the reason behind the choice, business owners should take the time and effort to ensure that they close their businesses properly. … [Read more...]

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