What is an annual meeting? Every year, corporations gather together all their shareholders to talk about the state of the company. This is an annual meeting. It’s also called the “general meeting” or the “shareholder’s meeting.” Are all businesses required to hold an annual meeting? It depends. LLCs only need to hold one if required in the company’s [...]
Happy New Year! With the changing of the calendar come changes in the legal code. As of January 1, 2019, more than 180 new laws became active in Illinois, many of which impact small business owners in some way or another. You can find the entire list of new laws here, but we’ve highlighted several that affect small business [...]
Hey y’all, it’s Ian! Since I started as G & G Law’s Executive Legal Assistant, I’ve taken more notice of small businesses and their owners. Interacting with enthusiastic entrepreneurs on the daily will do that, I suppose, and what excites me most about our clients are their stories. Every enterprise is an extension of its founder; knowing the owner’s [...]
Doing business in any city is often a backwards and bureaucratic imbroglio, and Chicago is no exception. But the gales of change are blowing in the Big Windy! Entrepreneurs in Chicago will soon have a new, first-of-its-kind resource to sell their retail and food products to the public. Beginning on Monday, December 3, 2018, small business owners will be [...]
Incubation ➔ Chrysalization ➔ Metamorphosis You may have noticed some changes around here. A new address and office, for instance? A third attorney, perhaps? Maybe a relaunched website? (You’re on it, so I hope you noticed it.) Every business eventually fills the confines of its current space and structure and big, bold moves are necessary to ascend beyond [...]
