PLLCs now required. Professionals licensed by the IDFPR: there has been a major change to the LLC statute in Illinois. It likely affects you and your business. Previously, licensed professionals were able to form their businesses as LLCs. Now, these businesses must register as a Professional LLC (PLLC). This change went largely unenforced, but no longer. Attention IDFPR [...]
With recreational marijuana on the cusp of legalization, businesses across Illinois could see a vast marketplace suddenly accessible. A recreational marijuana legalization bill was recently introduced in the Illinois legislature. The proposed bill puts small businesses in an especially advantageous position, promoting “craft growers” and banning large-scale operations. Without a corporate presence dominating the field, local cultivators and retailers [...]
#ChiSmallBiz Most businesses in Chicago require a license from the city in order to operate, and the fees associated with this process can be expensive. In an attempt to alleviate this financial burden on entrepreneurs the Small Business Center of Chicago is offering a 2 year Business License for $125 (regularly the price for a 1 year license). [...]
Illinois law has changed since this post was published. Read full and accurate details here. If you are thinking about starting up a Mobile Food Vendor business, there are several things you should know about what is legally required. Type of Business First, as a general business matter, it is always a good idea to talk to a [...]
