Tag Archives: business law

As an employer, it is important to know the difference between when a worker is considered an employee and when they are considered an independent contractor. There are tax implications for both types of workers, and it is important that … Continue reading

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In the state of Illinois, if any part of an agreement is deemed to be part of a credit agreement under the Illinois Credit Agreements Act, and if the agreement is not signed by both parties, then a debtor may … Continue reading

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When many of us think of business succession plans, we often associate them with retirement. However, succession planning also serves as an important part of a business earlier in the lifespan of the company. If nothing else, having a succession … Continue reading

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Small business owners who are about to launch an online store, coffee shop, marketing firm, or other business operation often become so wrapped up in the process of getting the ball rolling with customers, employees, and products that they may … Continue reading

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Consider a common scenario that plays out in the small business world: three friends who are all beer enthusiasts and amateur brewers get together one evening after months of talk, and they finally decide to go into business together and … Continue reading

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