What Permits and Licenses Do I Need to Start a Business in Illinois?

IL business attorney, Illinois business lawyer, starting a business in ILWhen you decide to start a business, you will experience many challenges and important decisions early on, from securing funding, to attracting clients, to determining the type of business entity you should establish. As you go through the process, you should be sure not to overlook the importance of obtaining the permits and licenses your business will need to operate in compliance with the laws and regulations for your area. A business law attorney can help you identify the permits and licenses you will need and guide you through the process of getting them.

Common Business Permits and Licenses

Different permits and licenses are necessary depending on your business’s location, industry, and the products or services you provide. There are likely others that your business will need to pursue, but some of the most common examples include:

  • Building permits: When deciding on a location for your business, you may need to obtain a building permit for the new construction of a building or addition or the remodeling of an existing space. Specific building permit requirements can vary from county to county, but in general, you will need to ensure that your space meets health and safety requirements and that your type of business is acceptable for the location’s zoning requirements.
  • Sales tax permits: If your business will sell tangible products or certain kinds of services in Illinois, you will need to register through the Illinois Department of Revenue to obtain a sales tax permit. Your registration must include any location from which you will sell, and if you expect to have significant sales outside of Illinois, you may need to apply for a permit in other states as well.
  • Liquor licenses: If your business will sell, produce, or distribute alcoholic beverages, you will likely need to obtain liquor licenses with multiple entities. Alcohol sellers, such as restaurants, bars, and liquor stores, will need a local license for the municipality in which they are located, and alcohol producers and distributors will need a federal permit from the Alcohol and Tobacco Tax and Trade Bureau. All alcohol businesses in Illinois will also need to obtain a state license through the Illinois Liquor Control Commission.

Contact a DuPage County Business Law Attorney

If you know that your new business will need any of these permits or licenses, or if you need help understanding and obtaining any additional licenses, The Illinois Law Office of Stock, Carlson & Duff LLC can assist you. We are committed to helping Illinois entrepreneurs achieve their business goals while maintaining appropriate legal standards. Contact a Wheaton business law attorney today at 630-665-2500.

 

Sources:

https://www2.illinois.gov/business/registration-licenses-permits#k=#s=49

https://www.dupageco.org/building/

https://www2.illinois.gov/rev/research/publications/pubs/Documents/pub-113.pdf

https://www2.illinois.gov/services/ILCC/Liquor%20License%20Forms%20and%20Applications

How a Non-Compete Agreement Can Benefit Your Business

non-compete, Wheaton business lawyersWhen an individual purchases a business, they are not only buying the physical assets associated with that business. They are also taking ownership of more abstract assets like the existing customer base, the name and reputation of the business, and intellectual property. Understandably, someone who buys a business wants to ensure that the value of these intangible assets is not reduced because the original owner of the business is opening a competing business in the same market. This is just one of many situations in which a non-compete agreement can be beneficial.

How Does a Non-Compete Agreement Work?

Put simply, a non-compete agreement is a legally binding contract involving a promise not to enter into business competition of some kind. Non-competition clauses are most often used to prevent an employee from working for a competitor or starting a business that competes with his or her employer’s business. These agreements can also include a provision prohibiting the employee from disclosing proprietary information to other parties. Covenants not to compete are often also required of business consultants and contractors.

Non-Compete Agreements Must Meet Certain Criteria to be Enforceable

Of course, a non-competition agreement cannot simply instruct an employee to never again work in a certain field. The scope and duration of a non-compete must be reasonable for the contract to be valid. Illinois courts have ruled that non-compete agreements are only valid if certain criteria is met. It is advised that any business utilizing a non-compete in Illinois provides employees with continuous employment for at least two years as well as additional consideration in the form of perks like bonuses or higher compensation.

If a non-compete agreement does not meet the criteria required by Illinois law, the agreement may be completely unenforceable. There can be unexpected and serious repercussions when a non-compete agreement is not legally binding. The best way to ensure that you employee contracts are valid, reasonable, and effective is to have these contracts reviewed by a qualified business law attorney.

Contact a DuPage County Business Agreement Attorney

If you are a current business owner, plan to buy a business, or have business law-related needs, the skilled Wheaton business law attorney at Stock, Carlson & Duff LLC. We have provided the DuPage County community and surrounding areas with knowledgeable business law counsel since 1996, and we have the experience and education required to assist you with a wide range of business concerns. Call us at 630-665-2500 to schedule a personalized consultation.

Sources:

https://www.investopedia.com/terms/n/noncompete-agreement.asp

https://www.forbes.com/sites/adrianagardella/2015/07/25/the-limits-of-non-compete-agreements/