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The Business Resource for Suburban Chicago
Thursday, February 11, 2016 12:55 PM
  • Business owners, and many others, appreciate the coming of a new year. Traditionally, the New Year represents a new beginning, a time of renewal and starting over. This is the perfect time to create a vision for your company or look at your current vision with fresh eyes.

  • How does small-business owner leave work at work?

    Running a small business can be the most exciting, challenging and perhaps even exhilarating experience of one’s life. Amid all the headaches, deadlines and responsibilities that only you can fulfill, there’s something satisfying about knowing that, at the end of the workday, you did a lot of good work.

  • The Regional Transportation Authority is the only unit of local government charged with regional financial oversight, funding, and transit planning for the Chicago Transit Authority, Metra and Pace Suburban Bus and Paratransit (Service Boards). Our region’s transit operating budgets are funded by sales tax and state funds allocated through a statutory formula and fare revenue and other system-generated sources. Ours is a public transportation system and the RTA assures regional balance between the suburbs and the city of Chicago.
  • The state’s small business outlook was dire before Illinois’ political leaders engaged in their destructive game of economic chicken. Indeed, our state’s small business community has been consistently undermined by misguided policies and the failure of many politicians to tackle the serious economic challenges facing the state.
  • Year-End tax planning provides the time to consider tax-saving opportunities for your business prior to the end-of-year cutoff. Some of these opportunities may apply regardless of whether your business is conducted as a sole proprietorship, partnership, limited liability company, S corporation, or regular corporation. Other opportunities may apply only to a particular type of business organization. Effective tax planning must also take into account each taxpayer's unique situations and goals, with the aim of minimizing income taxes to the greatest extent possible.

  • Chicago’s suburban commercial real estate market shows many signs of positive strength going into 2016. The industrial market is showing continued signs of growth and a resurgence in small to mid-sized tenants, particularly in the light manufacturing, transportation and logistics sectors.
  • Based on what I’m seeing in the market today, I expect that 2016 will be an active year for deal making .And many CEOs agree.
  • Illinois is facing an unprecedented economic crisis. Our politicians will not pass a budget, balance the books or enact the reforms needed to strengthen Illinois’ economy. Without a budget, the state is projected to spend billions more than it will receive in revenue this year.
  • Illinois is facing an unprecedented economic crisis. Our politicians will not pass a budget, balance the books or enact the reforms needed to strengthen Illinois’ economy. Without a budget, the state is projected to spend billions more than it will receive in revenue this year.
  • When visitors come to Illinois, they fill our hotels, meeting centers, restaurants, shops and attractions. Most importantly, they create economic impact that drives billions of dollars to the bottom line.
  • When visitors come to Illinois they enjoy our cities, towns and countryside. They fill our hotels, meeting centers, restaurants, shops, and attractions. And most importantly, they leave behind an economic impact that drives billions of dollars to the bottom line.

  • Illinois’ small business movement

    Illinois small business owners have been a low priority for most of our state’s politicians. Without the funds to pay expensive lobbyists or the necessary time to mobilize, small business owners have been unable to have a voice in the policies impacting their companies. Recently, however, small business owners, entrepreneurs and their employees have come together and formed a strong coalition to advocate for the entire small business community. This coalition is growing stronger and louder each day.

  • While I don’t have a crystal ball, I have a few predictions for the coming year based on what I’m hearing from our clients in Chicago, the suburbs and beyond.
  • A game changer in the Delaware courts
    On May 8, a ruling was issued from the Delaware Supreme Court upholding corporate bylaws that require a losing party in litigation against a company to pay the winner’s legal fees.
  • Keeping the Lake County promise
    As a leading economic development corporation focused on improving Lake County’s economic vitality, Lake County Partners works to retain and attract businesses by communicating the assets that Lake County can be counted on to deliver — what we call “The Lake County Promise.”
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