Since the World’s Columbian Exhibition in 1893 introduced the masses to brownies, Juicy Fruit gum, Shredded Wheat, PBR, and the Chicago-style hotdog, our city has been considered a hub of food innovation. That reputation will only grow when the breakfast and snack foods giant Kellogg’s makes its move to the Windy City.
Vaziri Law LLC is excited for the change because it has the potential to spur additional development and investment in this industry and others. Chicago is a wonderful place to start or grow a business, and we are proud of the supporting role we play by helping local business owners start-up, secure their intellectual property, and litigate disputes.
Food for Thought
In an interview with the Chicago Tribune, Michael Fassnacht, CEO of World Business Chicago, the city’s public-private economic development agency, noted that, “Over the past five years, the number of food or agriculture-related companies headquartered in Chicago has risen from fewer than 100 to more than 400.”
This is an amazing growth rate for such a key industry. The addition of Kellogg’s to our city is the cherry on top. While the company already had some operations here, it is making some major changes.
The massive business is splitting itself into three separate companies focusing on cereals, snack foods, and plant-based foods. The headquarters of the new snack foods company will be here in Chicago. This is a huge deal because snack foods currently bring in the most value for the existing Kellogg’s company.
Kellogg’s CEO Steve Cahillane said the move from Battle Creek, Michigan to Chicago is happening thanks to “the city’s infrastructure for international travel and its food innovation culture.”
Vaziri Law LLC thinks there might be more to the story.
Chicago is a Great Place to do Business
Chicago isn’t just a hotbed of food innovation, it is a great place to do business. With a business law practice, the Vaziri Law LLC team gets a behind-the-scenes look at the Chicago business climate. What we are seeing is growth, innovation, and an excitement about the direction our region is headed.
We help smooth the path forward for start-ups by helping them secure the permits and licenses they need to operate in Chicago. Over the years, we have seen the city, local county governments, and the state of Illinois try to make this process easier and more accessible.
Another area where we have seen regulatory improvements that make doing business easier is in the area of IP law. The United States Patent and Trademark Office and the Illinois Secretary of State are working hard to ensure businesses can secure their intellectual property, even as conceptions of what counts as intellectual property change as the digital world continues to evolve. Vaziri Law LLC stays on top of developments in this area so we can advise our clients on the best actions to take.
Finally, we have noticed a growing number of Chicago businesses are more open to out of court settlements when business disputes arise. Vaziri Law LLC has been emphasizing and using this approach since we opened our doors because negotiation is more efficient. We have developed a reputation for business-minded problem solving that allows both sides to get back to their work as soon as possible.
Fueled by Passion. Built on Trust.
Vaziri Law LLC is proud to practice business law in the heart of Chicago and in the surrounding areas. Our goal is to help business owners handle the legal side of day-to-day operations, so they can focus on running and growing their business. Please contact us today to schedule a meeting.