Tag: Naperville business law attorney
The Importance of Knowing Your Customers
Posted on January 19, 2021
When you develop a new product or service, you do so with the intent of providing higher quality, increased value, or both to your existing customers, as well as to draw in new customers. To do so effectively, it is important to understand what your target audience wants and needs. Sometimes, however, a new product can be designed to match customers’ desires yet still fail due to unexpected factors. As a business law attorney, I have helped many clients bring new products and services to market with great success. I […]
Questionable Lawsuits and the Importance of General Counsel
Posted on December 30, 2020
There is little question that we live in a very litigious society. With the exception of a few landmark pieces of legislation, many of the rules by which we live have evolved from years of lawsuits being filed by one party against another which force the courts to interpret various laws and their applicability under the U.S. Constitution. Sometimes, however, a person will file a civil lawsuit that leaves many people wondering what could possibly have led to such an action. In my practice as a business law attorney, I […]
Charitable Giving for Your Company
Posted on December 16, 2020
As a business owner, you assume a number of obligations to your staff, your creditors, and your customers. In many ways, you also have a responsibility to yourself, ensuring that your efforts are properly directed and aimed at increasing efficiency, success, and profitability. In addition to all of these concerns, you also probably recognize the importance of giving back to the community that affords you the opportunity to be successful. Never has this been more important than it is today, as people across the country struggle to cope with the […]
What You Should Know About Incurring Startup Debt for Your Business
Posted on October 28, 2020
As a small business owner and a business law attorney, I understand that starting a new business venture requires money—or capital, as it is often called in the in the corporate world. Some new owners fund their fledgling business through investors or with money they have set aside for just that purpose while others take out loans. According to a new study, the type of loans that a business owner takes out may be linked to the future success of his or her company. Business vs. Personal Loans Unless a […]
How Non-Disclosure Agreements Can Protect Business Negotiations
Posted on October 8, 2020
The success of many business owners is dependent on the manner in which they approach relationships with other businesses and entrepreneurs. While a business professional should be as good as his or her word, and a handshake should still carry significant meaning, it is more important than ever that most agreed-upon details should be formalized as a written contract, especially in significant business transactions. For a large number of transactions, the first step is often a non-disclosure agreement, or NDA, designed to protect a company’s professional interests. What is a […]
Growing Your Company: Is Franchising the Next Step?
Posted on August 28, 2020
When you own a successful business, you have a number of options regarding how to keep your company growing. You could create an outlet for internet sales, expand your current physical location or open a second one. If you already have several locations or you believe that the day-to-day operations of multiple sites is not something you are interested in doing, you may want to consider franchising your business. Franchising may be an especially attractive idea if you have established your company’s name a local or regional leader in your […]
Naperville Business Lawyer on Some of the Legal Issues Small Businesses Face Everyday
Posted on January 7, 2019
For many small business owners, the threat of business litigation is always in the back of their mind. Studies show that as many as half of all small businesses become involved in business litigation at least once in any given year. Legal disputes which seem like only minor headaches can quickly snowball into extensive proceedings which damage your business’ bottom line. The following are the most common legal issues that small businesses in America often face. Unenforceable Agreements and Breach of Contract Disputes When any party included in a business […]
Naperville Business Lawyer on Meeting Customers’ Changing Needs
Posted on February 22, 2018
When you own and operate a business, you have many priorities, but your customers’ satisfaction should be at that top of that list. Without customers, there is no business. Over time, the needs and desires of your customer base may evolve—sometimes quite dramatically—and it is crucial for your company to change to meet their developing needs. As a business law attorney and a small business owner myself, I know how difficult it can be for some companies to embrace change. Those that cannot or will not, however, risk being left […]
Naperville Business Attorney Discusses Tariff Engineering
Posted on October 27, 2017
In the popular Marvel movie franchise, the “X-Men” are a group of superheroes whose powers are the result of genetic mutations. A large part of the films’ storyline focuses on the debate over whether these mutants have the same rights as regular, “non-mutant” people, leading many to view the theme as an allegory for discrimination on the basis of race, gender, and sexual orientation. But, did you know that in the real world, Marvel takes the opposite position regarding the humanity of its mutants? While many may question why the […]
Naperville Business Law Attorney Looks at the Success Story of Netflix
Posted on October 10, 2017
Today, the name “Netflix” is synonymous with streaming entertainment as a viable alternative to cable, satellite, or over-the-air broadcast programming. When the company first started nearly 20 years ago, however, there was little indication that it would quickly become global entertainment leader. As a business law attorney, I recognize the importance of evolving with the times to remain relevant. In any competitive industry, companies that do not adapt to meet the changing needs of consumers will quickly become obsolete. The story of Netflix provides a good example of how adaptability […]
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