small business

Patent trolls
5:19 pm
Thu May 29, 2014

Lawmakers Push To Fight Patent, Copyright Trolls

Credit Wikimedia commons

  Lawmakers are considering proposals to stop so-called "patent trolls." They say people who fraudulently collect fines under the guise of protecting intellectual property are hurting small businesses.

"Patent trolls" and their lesser-known cousins, "copyright trolls," basically search for opportunities to make money by claiming someone has used a protected idea without permission.

Rep. Ann Williams (D-Chicago) says many businesses would rather pay the "fine" a patent troll asks for, rather than fight back in court alone.

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Election 2014
7:30 pm
Wed April 30, 2014

Quinn's, Rauner's Springfield Visits Show True Colors

Credit Brian Mackey/WUIS

  The governor of Illinois, as well as the man who wants to take his job, were both in Springfield Wednesday. What they were doing offers a clear picture of the different directions they want to take the state.

Republican Bruce Rauner was in town to file petitions for his term limits proposal. Then he addressed a meeting of business groups holding an "Employer Action Day."

"Let's make Illinois the most attractive state to do business, rather than one of the most hostile states to do business," he said. "Nothing else more important than that. Number one priority by far."

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Quinn Proposes Drastic Dip in Filing Fee
6:05 am
Mon February 3, 2014

Businesses: LLC Fee Drop A Drop In The Bucket

Credit Amanda Vinicky

  There are more than 200,000 limited liability corporations operating in Illinois. The governor has a proposal he says will add more. But business groups are skeptical it will help.

To file as an LLC in Illinois, you have to pay the state at least $500.

During his state of the state address, Gov. Pat Quinn proposed lowering the fee to $39.

"This small but important step will encourage entrepreneurs to start their business and put more people to work right here in Illinois," Quinn, a Democrat, said.

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