November 2012 Archives

Light industrial building in West Chicago changes hands

In the world of business the purchase of commercial property is only one piece to the puzzle. Just one small mistake during the process can result in expensive consequences. While every real estate transaction has the possibility of being complicated, this is especially true in situations that involve commercial properties.

Fitness business secures additional $8 million in funding

Another Chicago area startup is on the receiving end of additional funding. Retrofit, a fitness business, recently raised $8 million. That amount is in addition to its previous fundraising of $2.7 million. In all, the business has raised a total of $10.7 million.

Chicago-based startup growing beyond city

As regular readers of this blog are likely aware, as of late there has been a big effort on the part of Mayor Rahm Emanuel to make Chicago a hub for those seeking to startup businesses. If the performance of Chicago-based startup Boomerang is any indication, the efforts are paying off.

Chicago company's contract dispute nearly settled

Legal issues can exist at virtually all points of the life of a business, regardless of its size. In the beginning, they take the shape of business formation and financing. At the end, dissolution. In the middle there are a multitude of situations in which legal assistance can be vital to life of a business. Contract disputes are but one of the possible legal issues that can arise.

College name could matter when it comes to startup financing

As we have discussed in previous posts, while there are many things that need to be addressed when someone is working to get a startup business off the ground, often one of the most difficult to establish is financing. A recent report indicates that for college graduates, the way in which that is accomplished could depend on the school from which they attend. This is something those seeking to start a business in the Chicago area may want to keep in mind.

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