REPRESENTATION OF BUSINESS OWNERS AND BUSINESS FORMATION
Buying or Selling a Business
Buying or selling a business in the State of Illinois is a complex transaction that requires careful drafting and review of the purchase contract. The lawyers at the Rosenthal Law Group carefully draft business purchase contracts and advise our clients on al of the legal aspects and implications of the transaction. We work with our clients from contract to closing, assisting in due diligence review, tax and UCC searches, and the ultimate closing of the transaction.
The State of Illinois provides several different options for business forms. The lawyers at the Rosenthal Law Group have experience with all of the different business options and can provide the pros and cons of each option.
A great way to protect your own personal assets from the possibility that your business might fail is to create a separate legal entity for your business activities. In many cases, if done correctly, you can completely insulate your personal assets from losses and liability incurred by the business. Beyond liability and asset protection, corporate status has tax advantages, even if you’re a very small business.
We assist our clients in the preparation of the formation dcuments for each entity type, and ensure that all paperwork is filed correctly and timely. We can create a Corporation or LLC for you on an expedited time basis!!
Click here to submit your business formation requests to our experienced attorneys.
- Not for Profit Corporations
- Limited Liability Companies
- Limited Partnerships
- Limited Liability Limited Partnerships
Of course, after formation, all businesses have many other needs to sustain their operations. Contracts and leases need to be prepared and reviewed, debts need to be collected, lawsuits need to be initiated or defended and settled. We can help your business with all of these needs and more!