Tag Archives: business law

As a small business owner in DuPage County, your immediate concerns probably center around positive cash flow and stability with your balance sheet. Since you are focused on the present and near future, planning for retirement or how to hand … Continue reading

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Non-compete clauses are a common part of various types of contracts, such as employment contracts or severance agreements. A non-compete clause typically states that a person will not work in a certain industry, for specific employers, and/or within a particular … Continue reading

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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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