Legal Question in Business Law in Illinois

Starting a Business in IL.

If some one wanted to start a business in IL. A business which has no employees and is very much a small business by all means. Do you think a LLC would be best and why?


Asked on 3/03/08, 8:53 pm

1 Answer from Attorneys
David K. Staub Staub Anderson LLC

Re: Starting a Business in IL.

There are some advantages to an LLC in that situation but there are also arguments in favor of forming a corporation that elects to be treated as an S corporation. The answer depends on some very specific facts.

I suggest that you take a look at the Limited Liability Company Center (www.limitedliabilitycompanycenter.com) which addresses many of these questions.

David K. Staub, business attorney

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Answered on 3/04/08, 12:03 pm


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