LLC Formation & Business Plan Series

Are you starting a business? 

Have you been operating as a sole proprietorship or a partnership for a while? 

Is it time to take the next step and create a formal business structure and business plan to protect you and your work?

Learn about best practices and start your LLC with Lawyers for the Creative Arts! 

Join LCA, attorneys from Perkins Coie, and business experts from Turnaround Management Association (TMA) this Spring and Summer for a four-part series of seminars and clinics on LLC formation and business planning. After two introductory Zoom seminars on LLC formation and business planning, you will be paired with an attorney(s) from Perkins Coie and a business expert from TMA to work one-on-one through the documentation required to form your new company and to prepare a viable business plan.

This program is free but individuals must apply and be accepted to attend. Applications must be received by April 28, 2023.

Application Requirements:

• Applicants must plan to form a new LLC to operate an arts-related business in Illinois in the near-term.
• Prospective owners of the new LLC must have an average annual household income that falls within 300% of the federal poverty guidelines
• Applicants must commit to attending all Zoom and in-person meetings of this program and participating in out-of-session assignments and responsibilities.

*Upon receipt of your application and determination of eligibility, LCA will contact you. Once your application has been approved by LCA and Perkins Coie, we will notify you about the location of the in-person meetings, etc. Please block off the dates and times for the series on your calendar immediately.

Important Dates:

• Thursday, May 4, 12:00 - 1:30pm CT - Crafting Your LLC Business Plan (on Zoom)
• Thursday, May 18, 12:00 - 1:30pm CT - LLC Formation Basics (on Zoom)
• Monday, June 5, 12:00 - 3:00pm CT - Business Plan Review Clinic (in-person in Downtown Chicago)
• Tuesday, June 27, time TBA - LLC Formation Clinic (in-person in Downtown Chicago)

About Perkins Coie LLP:

Perkins Coie is a leading international law firm that is known for providing high-value, strategic solutions and extraordinary client service on matters vital to our clients’ success. With more than 1,200 lawyers in offices across the United States and Asia, Perkins Coie provides a full array of corporate, commercial litigation, intellectual property and regulatory legal advice to a broad range of clients, including many of the world’s most innovative companies and industry leaders as well as public and not-for-profit organizations.

About Turnaround Management Association:

The Turnaround Management Association (TMA) is the most professionally diverse organization in the corporate restructuring, renewal, and corporate health space. Established in 1988, TMA has almost 10,000 members in 54 chapters worldwide, including 34 North American chapters. Members include turnaround practitioners, attorneys, accountants, advisors, liquidators, consultants, as well as academic, government employees, and members of the judiciary.