Chicagoland Small Business Lawyers
Small business owners are faced with a staggering array of legal issues, from routine, everyday questions to pivotal, life-altering challenges and opportunities. Unfortunately, small business owners have few options for affordable legal counsel.
Madden Law LLC's mission is to provide reliable, cost-efficient legal services to small businesses throughout Chicago and suburbs for every stage of the business life cycle, from concept through formation, management, growth, and exit. We look forward to speaking with you about how we can help you overcome your challenges, harness your opportunities, and take your business to the next level.
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Did You Know...?
Did You Know...?
Corporations have enjoyed many of the same Constitutional protections as individuals since the early years of the United States. The opening section of the United States Code, which contains the permanent statutes of the United States, states that the word “person” includes corporations, companies, associations, firms, partnerships, societies, and joint stock companies, as well as individuals. 1 U.S. Code § 1.
Business Formation
Are you considering starting a business entity such as a corporation, limited liability company, limited partnership, professional corporation, sole proprietorship, or something else?
The attorneys of Madden Law LLC help business owners navigate the business start-up process, including business planning, choosing the proper form of business entity, registering the entity with local, state, and federal authorities, and drafting start-up documentation.
Ownership Agreements
One thing is inevitable: You will not operate your business forever. Your involvement with your business will end at some point, whether by retirement or sale, or for financial or health reasons.
Many business owners neglect to properly plan for the end of their involvement with their business, often leading to ugly disputes with business partners when one partner is ready to wind up the business but the other isn't, or the partners have a major dispute about how to operate the business. Such "business divorces" among business owners can be extremely costly and keep the litigation practices of many law firms busy. Fortunately, such disputes are usually preventable with proper planning. A well-crafted agreement among a business's owners can avoid expensive and wasteful litigation by determining in advance how to resolve commonly-anticipated business situations such as retirement, death, disability or incapacity, the need to raise additional capital or incur debt, proposed sales or acquisitions of interests in the business, major decisions, and major disputes.
Depending on your type of business, these agreements among business owners are commonly called Buy-Sell Agreements, Shareholder Agreements, LLC Operating Agreements, Partnership Agreements, or Management Agreements.
Business Operations
Madden Law LLC can help business owners with many types of business operational matters, including negotiating and drafting leases of real estate and equipment, agreements with vendors and customers, loan documentation, hiring and discharging employees, and other business documentation.
Mergers and Acquisitions
Are you acquiring another business, selling your business, or merging with another company? Are you bringing on a new co-owner or executive? The attorneys of Madden Law LLC are experienced in helping small business owners with mergers and acquisitions.