June 2015 Archives

Advice on small business tax mistakes to avoid

It has been said that an entrepreneur is someone "who works 16 hours a day to avoid working eight hours a day." The challenges and rewards of owing and running your own business can be substantial, and indeed can take much of your time. But it can be a costly error to become so engrossed in the day-to-day management of starting up and growing your enterprise that you neglect another key consideration: business tax matters.

What kinds of contracts are there that I might encounter?

As a business professional, you are likely familiar with the written agreement as the foundation for doing business both with other businesses and possibly with individual consumers as well. But there are other kinds of contracts that you may find yourself confronted with, some intentionally and even some not so. This post will go over some of these other contract types.

How do zoning laws affect commercial real estate in Chicago?

The complexities of most commercial real estate transactions can be overwhelming for anyone going into them unprepared. A broad spectrum of issues must be anticipated and addressed during the preliminary stages leading up to the contract negotiation in order to avoid costly and, potentially deal-killing, mistakes.

Starting a business? We can help you to make the right choices

There is a saying, "Well begun is half done." One of the areas in which this is axiomatic is when you are starting your own business. Making the right decisions at the outset can make a big difference later on, especially once your business becomes profitable and begins to grow.

What is a memorandum of understanding?

Contracts can take different forms. One is the oral agreement, in which the parties agree verbally to create a legally binding agreement but do not memorialize it in a writing. Another is the formal written agreement in which the parties set out all of the performance terms and conditions in documentary form.

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