Business Columns
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Tips for planning your small business sales in challenging timesMar 07, 2026 1:23 pm - As our first quarter is in its final three weeks for many small businesses, many owners find themselves juggling quarter ending duties including reviewing taxes, and trying to anticipate what the next nine months might bring.
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After a foreclosure sale, who pays special assessment?Mar 04, 2026 7:47 pm - After a unit is sold in a foreclosure sale, the association board is not sure how to proceed to collect fees for an ongoing special assessment.
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Restaurant financial concerns that impact youMar 04, 2026 8:51 am - You might think the struggles restaurant owners deal with day in and day out have nothing to do with you, the diner. But you’d be wrong. Why? They all trickle down to you.
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Agent prevents home inspector disclosureMar 03, 2026 6:51 pm - A buyer noticed worn exterior paint and asked the inspector for an opinion. The real estate agent chimed in with a comment, cutting off conversation, yet the inspector didn’t address the concern in the final report. Was this negligent?
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Politicians should cut red tape for small businessesFeb 28, 2026 1:27 pm - Each year, legislation is filed, which if passed, places new burdens on small businesses, often with corresponding fines and penalties. This puts small businesses on the defensive, hoping that new regulations do not threaten their viability or ability to grow.
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Condo sale closed without board’s knowledge: Who should pay assessments?Feb 25, 2026 4:54 pm - The closing of a unit in our association occurred without the board’s knowledge. Is the new owner responsible for the prior owner’s unpaid assessments?
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Spring cleaning? Do’s and don’ts for dropping off items at donation centersFeb 25, 2026 10:19 am - For those doing some spring cleaning and decluttering, here are some do’s and don’ts for donating items to organizations such as Salvation Army and Goodwill.
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The gift of new problems — at work and in lifeFeb 25, 2026 8:33 am - It appears that there are many new dilemmas facing employers today — in addition to the complex nuances of the old standard ones. I’ve decided to view these dilemmas as a gift rather than a burden.
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Owner afraid to get a building permitFeb 24, 2026 10:55 am - A homeowner wants to convert the garage of her 100-year-old house to a bedroom, but is hesitant to apply for a building permit because the property might not be able to meet modern codes.
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Illinois has a pension problem, but it’s not what you thinkFeb 21, 2026 12:30 pm - It’s no secret that Illinois has more than $140 million in unfunded pension liabilities. However, the “funded ratio,” or assets divided by liabilities, is up 7% under Gov. JB Pritzker to its highest level in two decades. Pension payments have stabilized at 20% of the budget. But part of this improvement has been on the backs of public service workers.
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