Having a successful business that is cruising along like a well-oiled machine can be a very rewarding experience; just as owning a business that is digging itself deeper into debt can feel like suffocating jail cell. Every business owner understands the ups and downs of running a business, but it’s important to know what tools are at your disposal should your business run into an extended time of financial difficulty.
O'Flaherty Law has always offered in person consultations at our nine convenient locations, but did you know that you can receive a consultation and receive legal services from one of our experienced and knowledgeable attorneys without leaving your home? We also include update local court information.
The purpose of this article is to explain how to choose a business structure in Illinois. We address the differences between S-Corps, C-Corps, LLCs, Sole Proprietorship, and Partnerships in Illinois.
We offer free, paid & online consultation in nearly every area of law throughout Illinois and Iowa. We have a range of options to assist you with your legal needs.
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O'Flaherty Law has always offered in person consultations at our nine convenient locations, but did you know that you can receive a consultation and receive legal services from one of our experienced and knowledgeable attorneys without leaving your home? We also include update local court information.
A buy-sell agreement is a contract between the owners of a business that sets forth certain triggering events that will allow the owners to exit from the business, who will be permitted or required to buy their shares, how the shares will be valued for purchase, and how any such purchase will be funded. Business owners will generally work with an attorney to navigate each of these issues in light of their specific circumstances. One-size-fits-all buy-sell agreements are inadvisable, because the facts surrounding each business and the needs of its owners are different in every situation.
A buy-sell agreement allows business owners to plan in advance for how an owner and the business will part ways upon the occurrence of certain triggering events such as the death or disability of an owner, the voluntary decision to terminate ownership either through a routine sale of stock or through retirement, or the company’s decision to part ways with the owner with or without cause.
We offer free, paid & online consultation in nearly every area of law throughout Illinois and Iowa. We have a range of options to assist you with your legal needs.
O'Flaherty Law has always offered in person consultations at our nine convenient locations, but did you know that you can receive a consultation and receive legal services from one of our experienced and knowledgeable attorneys without leaving your home? We also include update local court information.
A buy-sell agreement is a contract between the owners of a business that sets forth certain triggering events that will allow the owners to exit from the business, who will be permitted or required to buy their shares, how the shares will be valued for purchase, and how any such purchase will be funded. Business owners will generally work with an attorney to navigate each of these issues in light of their specific circumstances. One-size-fits-all buy-sell agreements are inadvisable, because the facts surrounding each business and the needs of its owners are different in every situation.
A buy-sell agreement allows business owners to plan in advance for how an owner and the business will part ways upon the occurrence of certain triggering events such as the death or disability of an owner, the voluntary decision to terminate ownership either through a routine sale of stock or through retirement, or the company’s decision to part ways with the owner with or without cause.
O'Flaherty Law has always offered in person consultations at our nine convenient locations, but did you know that you can receive a consultation and receive legal services from one of our experienced and knowledgeable attorneys without leaving your home? We also include update local court information.
A buy-sell agreement is a contract between the owners of a business that sets forth certain triggering events that will allow the owners to exit from the business, who will be permitted or required to buy their shares, how the shares will be valued for purchase, and how any such purchase will be funded. Business owners will generally work with an attorney to navigate each of these issues in light of their specific circumstances. One-size-fits-all buy-sell agreements are inadvisable, because the facts surrounding each business and the needs of its owners are different in every situation.
A buy-sell agreement allows business owners to plan in advance for how an owner and the business will part ways upon the occurrence of certain triggering events such as the death or disability of an owner, the voluntary decision to terminate ownership either through a routine sale of stock or through retirement, or the company’s decision to part ways with the owner with or without cause.
We offer free, paid & online consultation in nearly every area of law throughout Illinois and Iowa. We have a range of options to assist you with your legal needs.
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