Tag: small business
Worker Misclassification: How a Seemingly Simple Mistake Can Cost Your Business Dearly
Posted on December 9, 2024
One of the critical tasks you will face as a business owner is ensuring that you properly classify your workers as either employees or independent contractors. There is a significant legal difference between your responsibilities if you employ an independent contractor versus an employee. Additionally, misclassifying a worker can result in legal issues. Even a seemingly minor mistake can result in massive fines and penalties for worker misclassification. If you own or manage a small or medium-sized business, an experienced attorney can ensure that you understand and comply with essential […]
Which Business Structure is Right for Me? | IL
Posted on August 31, 2024
Becoming a new business owner can be exhilarating, exhausting, and full of stress and anxiety, all at the same time. Many new business owners fail to put in the necessary amount of thought and research into these early business decisions, only to be forced to make changes down the line. Business formation is a crucial aspect that can determine the success or failure of your business. Excitement about a new business is natural, but to ensure success, the decisions you make now must be just as valid years from now. […]
How Can You Recruit and Retain Gen Z Workers?
Posted on August 17, 2024
A recent social media post showed a twenty-something young woman talking about how her employer should recognize her “disability” of “time blindness.” She went on to say that her lifestyle and internal time clock did not mesh with being at work at 7:00 a.m. Watching this at work in a mixed group of all ages, the reactions were notably different between those groups. At least a few of the baby boomers in the group rolled their eyes. Those in the Gen X age group mostly shrugged their shoulders. While a […]
How Can Business Owners Negotiate Favorable Loan Agreements?
Posted on June 26, 2024
Obtaining loans can be pivotal for business owners in a variety of situations. However, negotiating favorable loan agreements is crucial in these situations to ensure that the terms of a loan will benefit a business in the long run. An experienced attorney can help business owners in DuPage County and the surrounding areas navigate the complexities of loan agreements, protecting their rights and interests throughout the process. Why Do Businesses Need Loans? Businesses may seek loans for a variety of reasons, including: Key Terms in Loan Agreements It is crucial […]
Why Employers Need to Follow Workplace Safety Policies
Posted on April 3, 2024
Employers are required to take all necessary steps to maintain a safe working environment for their employees. This is not just the right thing to do, but it is also a legal necessity. The safety and well-being of employees should be protected at all times, and the consequences of neglecting workplace safety can be serious. An experienced attorney with experience in matters related to business law and employment law can guide business owners through the complex web of safety regulations, helping them understand their responsibilities and the implications of non-compliance. […]
What Cybersecurity Policies Should a Business Have in Place?
Posted on March 8, 2024
In today’s digital age, cybersecurity is not just a buzzword; it is a critical necessity for businesses of all sizes. With the increasing number of cyber threats, it is imperative for companies in the DuPage County area to establish robust cybersecurity policies to protect their data, reputation, and financial health. An experienced attorney who knows how these issues can impact business law can guide businesses in implementing comprehensive cybersecurity measures tailored to their specific needs while ensuring they meet all applicable legal requirements. Understanding the Importance of Cybersecurity Cybersecurity is […]
How Can Law Firms Balance the Acquisition of New Clients and Relationships With Existing Clients?
Posted on October 26, 2023
In the competitive legal field, successful law firms understand the importance of balancing client acquisition with maintaining existing relationships. While attracting new clients is crucial for growth and sustainability, it is equally important to nurture and retain existing clients. This delicate balance requires a strategic approach that focuses on providing exceptional service, building trust, and fostering long-term relationships. An attorney who provides general counsel services can help law firms and other businesses understand the ideal methods to use to foster growth and maintain positive client relationships. The Importance of Client […]
5 Types of Damages That May Be Awarded for a Breach of Contract
Posted on September 26, 2023
A contract is a legally binding agreement between two or more parties. When one party does not meet all of their obligations as specified in the agreement, this is considered a breach of contract. These breaches can range from minor infractions to serious violations. Disputes over alleged contract breaches may lead to litigation, and the parties may need to settle these issues in court. If a breach of contract has occurred, the injured party may be entitled to damages, or monetary payments made by the party who committed the breach. […]
Are There Legal Requirements for Employee Handbooks in Illinois?
Posted on September 19, 2023
An employee handbook is an important tool that an employer can use to communicate policies and expectations to employees. It provides a clear guide on various workplace matters such as employment terms, conduct standards, leave policies, and disciplinary procedures. While there are no specific legal requirements for employee handbooks in Illinois, it is highly recommended that an employer create a handbook to protect themselves and inform employees of their rights and responsibilities. Employers may also need to determine how to address issues related to employment contracts and create terms that […]
How Can Zoning Laws Affect Commercial Real Estate Development?
Posted on September 13, 2023
Zoning and land use laws play a crucial role in shaping the development of commercial real estate projects. These regulations establish the specific permitted uses, density, and building requirements for different areas within a jurisdiction. Understanding how zoning laws can impact commercial real estate development is vital for developers, investors, and property owners. An attorney who understands the issues that affect commercial real estate can provide invaluable guidance in these situations, ensuring that a development project will be able to avoid unforeseen delays or other legal and financial concerns. The […]
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