Howard & Hardyman LLP

Posts tagged "Business Formation"

When and how to form a corporation

It is the same in Illinois as it is anywhere; success in business has the potential to draw some unwanted attention. Businesses that risk lawsuits from competitors or losses from uncertain opportunities often incorporate to reduce this liability. However, there are many significant decisions associated with the process that could affect the future success of an organization.

Business formation types that limit personal liability

Regardless of the nature of the type of business you are looking to establish in Illinois, you will find that there are areas involved in its operations that could potentially expose you to liability. For some types of businesses, such as those involving food service or transportation, the risks are relatively obvious, but virtually every type of business out there has at least a few areas where it might be at risk. At Howard & Hardyman LLP, we recognize that certain business structures can help protect you against personal liability, and we have helped many business owners create business structures well-suited to their needs.

What to consider when creating the name of your business

There are many important decisions that go into creating an Illinois business, from the structure of the company to the responsibilities of the people who run it. However, keep in mind that you should put just as much consideration into what you would actually call the business. In fact, the wrong name for your business might cause you some legal problems down the line. 

  • Illinois State Bar Association
  • WCBA | Winnebago County | Bar Association | Established 1996
  • United States Court Of Appeals | Seventh Circuit
  • State Bar of Wisconsin
  • United States District Court For The Northern District Of Illusions
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