Elisha Michael Prero’s Answers

Elisha Michael Prero

Skokie Real Estate Attorney.

Contributor Level 2
  1. Reseller permit in state of illinois

    Answered about 2 years ago.

    1. Elisha Michael Prero
    2. Judy A. Goldstein
    3. James H Sutton Jr.
    3 lawyer answers

    You should consult a business lawyer who is familiar with Illinois law. Generally, you will need to register with the State Department of Revenue (https://www.revenue.state.il.us/app/ibri/) and you may need to get a business license from your local municipality as well. It'd be a good idea to consult a CPA as early on as possible, too. That way, you won't get too far down a path that turns out to have costs that could have been avoided.

    2 lawyers agreed with this answer

  2. How to I go about starting a joint venture in the State of California with another corporation that is located out of state?

    Answered about 2 years ago.

    1. Phyllis Voisenat
    2. Dana Howard Shultz
    3. Bruce Allan Wilson
    4. Ian Rose
    5. Elisha Michael Prero
    5 lawyer answers

    Talk with a California lawyer who is experienced in structuring business relationships. The attorney you are looking for should first try to determine what your goals are, then how to go about achieving them. (Heads-up: in legal terminology, a "joint venture" usually denotes a partnership for a limited purpose). The question, from a business perspective, is what do you actually plan on accomplishing with state corporation? You may be able to accomplish your goal by entering into one...

    1 lawyer agreed with this answer

  3. Whats best to be part owner or a shareholder of a company? What legal documents should I get from him?

    Answered about 2 years ago.

    1. Robert Neil Newton
    2. Orsen E. Paxton III
    3. Robert John Murillo
    4. Elisha Michael Prero
    4 lawyer answers

    All three answers above are accurate. There underlying problem in almost all start-ups is that everyone involved tends to be optimistic. That's for good reason: we come up with ideas that hold promise and those ideas usually need money to fulfill the promise. But what happens if that promise doesn't get fulfilled? Or if getting there takes a lot longer than planned (which is usually the case)? What happens if the company doesn't go public? If the company needs more money, then more ...and...