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Key Differences You Should Know Between a Residential and Commercial Lease

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The amount of differences between a residential lease and commercial lease can fill an ocean, however, there are several key distinctions that are critical to the success of your business.  Residential leases are regulated by consumer protection laws.  In Chicago, this law is known as the Chicago Landlord Tenant Ordinance.  The Ordinance applies to residential lease and outlines various and numerous protections for tenants from their landlords.  As written, the Ordinance favors tenants’ rights.

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Do You Need To Keep Your Company’s Information Confidential?

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Yes!  A common dilemma posed to small businesses is how to protect your Company’s proprietary information from being stolen by employees and competitors.  Your client lists, referral sources, policies and strategies are all confidential and should be treated as such.  This information serves as the bloodline of your business.  Any breach in your Company’s confidential information can cause a complete dismantlement of your business that may lead to devastating results.

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