Month: October 2018
Big Benefits for Women-Owned Businesses
As the amount of women business owners in the United States continues to grow at a rapid rate, the federal government, along with state and local governments, are offering opportunities to promote this expansion. By certifying your business as a Women-Owned Small Business or a Woman Business Enterprise, you and your business can get access
New Illinois Laws & Legislation (2018)
In August, Governor Rauner vetoed legislation that would have applied many workplace anti-discrimination requirements to businesses with only one or more employees. The current law applies these anti-discrimination requirements to businesses with 15 or more employees, which is the same requirement applied federally as well. A new Illinois law requires the Illinois State Toll Highway
Terminated Employee Denied Bonus Moves Forward with Civil Rights Suit
A white manager who alleged he was denied a bonus because he fired a black subordinate employee had his civil rights suit greenlit last month in Illinois federal court. The manager and the employee had a tumultuous history together that included the employee previously being fired twice for missing work and failing to follow work
City Program Supports Local Businesses on the South / West Sides
Businesses located on Chicago’s South and West Sides will soon receive another round of grants from a program that sets aside millions in fees from the City’s flourishing downtown building development. The program, called the Neighborhood Opportunity Fund (“Fund”), was started in 2016 by Mayor Emmanuel. As part of the program, Emmanuel first expanded the
Could Your Private Business Benefit from a Board of Directors?
While normally associated with large publicly-traded businesses, instituting a board of directors could significantly help your private or family-owned business achieve and maintain success. While “fiduciary boards” have a responsibility to protect and act on behalf of the shareholders for publicly-traded businesses, “advisory boards” evaluate business opportunities and provide non-binding advice to management for private-held