Author: Larry Donahue

Larry Donahue is a managing member of the firm, with 30-years of experience as an attorney with a focus on Internet law, intellectual property, corporate law, and contracts. Larry leads the firm's Internet sales efforts. He is licensed in the states of Illinois and New Mexico, as well as at the United States Patent and Trademark Office (USPTO).

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Maximizing Profit

At the end of the day, most businesses exist to turn a profit no matter what their core concept is. To that extent, it makes great sense to focus on Maximizing Profit. However, many small business owners confuse profit and revenue. Let's clarify that right away. Revenue is ALL the income a business generates from its sales, services, etc. Profit is revenue LESS expenses, taxes, operating costs, unit costs and so on.

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The Social Media Divorce

Updated 1/6/23 Small Business and Big Social Media The simple reality is, there simply are not enough hours in a day to manage your business AND be your own online...

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Alternative Lending and Your Business

The Main Street Credit Gap and You Are you familiar with the “Main Street Credit Gap”? Chances are that you, as a small business owner, are familiar with the concept...

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Have You Hugged Your Banker Lately?

Can You Live Without a Bank? While the hatred of financial institutions is rather en-vogue, the simple truth is that banks, banking, and bankers play a very important role for...

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Hacking Startup Culture

Hacking Startup Culture The other day I got a phone call from a small business owner lamenting the lack of resources available to help them get started. I found this...

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Planning Your Business

“If you fail to plan, you are planning to fail.” – Benjamin Franklin As fatalistic as it may sound, Mr. Franklin does have a point. When it comes to starting...

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Our Chicago Business Lawyer

New Offices Earlier this week, we here at Law 4 Small Business, PC, proudly announced the opening of two new branches. Announcing our new offices in Florida and Illinois! Because...

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Coming Soon to a City Near You!

Law 4 Small Business is thrilled to announce the grand opening of two new offices in Chicago, IL and Tampa, FL! Do you need a Chicago Business Lawyer?