Some construction defects are obvious, perhaps even to a layperson. Other times, the new construction or remodel seems to have been done properly, but a hidden defect is lying in wait, potentially able to cause serious damage to the property. In construction law, a...
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Month: April 2015
What should be included in a good business plan
No matter how promising your idea for a new business might be, you will be very unlikely to succeed without a plan. A written business plan helps solidify in your mind what the business will be, and how you will structure it. Also, any owner or group of owners hoping...
Illinois financial adviser settles govt. complaint
An Illinois financial planning firm has settled claims filed against it by the state Department of Insurance that the business misled customers. Afterward, the owner of the firm said in The State Journal-Register that none of his customers ever complained about his...
9 steps for starting a new business
So, you’ve got a great idea for a new business. If it succeeds, you will get to use your skills to pursue a field you are passionate about, and make a lot of money at the same time. But if you have never started a business before, getting past the idea stage may seem...
When is it a business contract — and when is it not?
Virtually all business contracts include a promise from at least one party to do something, or to not do something. But not all promises are contracts. The difference can be very important, because while a valid contract can be enforced by law, your business may not...
Judge rejects injunction on Wrigley Field’s new video board
The Chicago Cubs prevailed in federal court recently, allowing its massive $375 million remodeling of Wrigley Field to continue. The judge in the case dismissed claims from nearby rooftop clubs that the stadium’s new video board blocks their view of the field. Cubs...
Avoiding insurance mistakes for your small business
Owning your own small business can be exhilarating. It is the chance to be your own boss, and pursue a field you are passionate about. But without proper planning, a small business can also leave you in serious financial trouble. Insurance can protect owners from...