Photo via Unsplash Are you thinking about starting a business? If you’re going to run your business from your own home, you might feel cramped by the lack of space. For some entrepreneurs, relocating can be a boon for business. Once you settle in, you’ll see why...
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Guiding Your Small Business Through the Second Wave
(c) Can Stock Photo Many businesses throughout the United States have been reopening after months of lockdown intended to limit the spread of COVID-19. Over the past few months, a large portion of these businesses have implemented precautions to combat the spread. A...
Doing Business in a Coronavirus World Means Following Expert Advice
(c) Can Stock Photo We live in uncertain times now as we wrestle with the implications of a global pandemic, economic shutdown and try to make sense out of conflicting claims and opinions. The shutdown and uncertainty have caused instability and tension. Fake news has...
CARES ACT – Small Business Relief from the Economic Impact of the Corona Virus
(c) Can Stock Photo By now most people have likely heard about the Coronavirus Aid, Relief, and Economic Security (CARES) Act and legislation that was adopted in earlier March 2020. The CARES Act’s purpose is to assist businesses with their ongoing needs in light of...
CHANGES TO ILLINOIS OVERTIME RULES: Part Deux
(c) Can Stock Photo We have been actively following the Department of Labor’s changes to the rules regarding overtime minimum salary levels and other regulations under the Fair Labor Standards Act (FLSA). The rules that were first proposed in 2016 would have increased...
Overtime Changes May Be Coming
(c) Can Stock Photo In June 2016, we posted an article about the new overtime law that was to take effect on December 1, 2016. In November, 2016, a District Judge in the Eastern District of Texas enjoined (blocked) the expansion of the Overtime Pay Exemption under the...
Illinois Rolls Back LLC Fees
(c) Can Stock Photo This is the season to be pro-business. First President Trump and Congress passed significant tax reforms that are intended to help businesses, especially small businesses. Whether or not this occurs will be seen. However, one area in which the...
New Restrictions on Non-Compete Employment Contracts
(c) Can Stock Photo Illinois continues to be an employee friendly state in some ways, including in the area of non-compete clauses. A non-compete clause, or covenant not to compete, is a provision of a contract in which one person agrees not to compete against another...
Changes to Illinois Overtime Rules [Updated]
(c) Can Stock Photo In May, the Department of Labor issued its final rules regarding overtime minimum salary levels and other regulations under the Fair Labor Standards Act. The new Illinois overtime rules take effect December 1, 2016, and require employers to provide...
Business Is Always About the Money
These are the some of the most dangerous words a business person can speak: “It is not about the money; it is about the principle.” I cannot tell you how often I have heard those words spoken to me as I sat across the table from a client, or would-be client. I...